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Yum China Holdings YUMC Q2 2026 earnings

Reported July 30, 2026 · Before market open

Revenue$3.1BBeat by $86.9M
EPS$0.70Beat by $0.03
Revenue estimate$3.1B
EPS estimate$0.67
“We delivered strong results in the second quarter. For the ninth consecutive quarter, we simultaneously grew system sales, operating profit and OP margin. While the operating environment remains dynamic, our topline growth continued to outperform the industry in Q2. Same-store sales growth improved sequentially to 1%, led by the 14th consecutive quarter of same-store transaction growth, while store openings continued to accelerate year over year across both company-owned and franchise stores. KFC delivered strong results, with 7% system sales growth and restaurant margin expansion. Pizza Hut's same-store sales returned to positive growth and net new openings nearly doubled from last year.”
Pizza Hut

Next report

Nov 3, 2026 (in a month)
Revenue estimate$3.5B
EPS estimate$0.91

Financials

Q2 2026

Income statement

See full
Revenue$3.1B+12.6%
Operating income$348.0M+14.5%
Net income$244.0M+13.5%
EPS (diluted)$0.70+20.7%

Balance sheet

See full
Cash & equivalents$485.0M-18.1%
Total debt$2.3B+3.0%
Total equity$5.4B-7.5%
Total assets$10.9B-1.0%

Cash flow

See full
Operating cash flow$426.0M+3.4%
CapEx$127.0M+4.1%
Free cash flow$299.0M+3.1%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$13.86B-10.9%
Enterprise value$15.68B-8.8%
P/E14.2×-3.0×
P/S1.1×-0.2×

Profitability

See full
Operating margin11.1%+0.4pp
Net margin7.8%-0.2pp

Returns & leverage

See full
Return on equity17.5%+1.7pp
Debt / equity0.4×0.0×
Current ratio1×-0.4×

Segments

By segment

See full
KFC$2.3B+11.5%
All Other Segments$274.0M+36.3%
Corporate And Unallocated$133.0M+37.1%

FAQ

When did Yum China Holdings report Q2 2026 earnings?
Yum China Holdings (YUMC) reported Q2 2026 earnings on July 30, 2026 before market open.
What were Yum China Holdings's Q2 2026 revenue and EPS?
Yum China Holdings reported revenue of $3.1B and eps of $0.70 for Q2 2026.
Did Yum China Holdings beat estimates in Q2 2026?
Revenue beat the consensus estimate of $3.1B by $86.9M. EPS beat the consensus estimate of $0.67 by $0.03.
How did Yum China Holdings's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 12.6% from $2.8B a year earlier and eps grew 20.7% from $0.58.
Where can I find Yum China Holdings's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-324793) and the 10-Q periodic report (0001193125-26-341077) directly on SEC EDGAR. The filing index links above go to sec.gov.