Yum! Brands Total Operating Expenses decreased by 20.3% to $1.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.2%, from $1.24B to $1.42B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.04B | $1.08B | $1.39B | $1.04B | $1.08B | $1.09B | $1.44B | $1.12B | $1.11B | $1.10B | $1.43B | $1.08B | $1.16B | $1.21B | $1.71B | $1.24B | $1.31B | $1.31B | $1.78B | $1.42B |
| QoQ Change | — | +4.3% | +28.6% | -25.2% | +4.2% | +1.1% | +31.7% | -22.1% | -0.7% | -1.7% | +30.3% | -24.5% | +7.2% | +4.4% | +41.3% | -27.3% | +5.8% | +0.2% | +35.3% | -20.3% |
| YoY Change | — | — | — | — | +4.5% | +1.4% | +3.8% | +8.1% | +3.0% | +0.1% | -1.0% | -3.9% | +3.8% | +10.2% | +19.5% | +14.9% | +13.4% | +8.8% | +4.2% | +14.2% |