Yum! Brands, Inc. filed its quarterly report on Form 10-Q with the SEC on August 5, 2026, covering the quarter and year-to-date period ended June 30, 2026, disclosing net income, revenue, earnings per share, and balance sheet figures for the company's restaurant operations.

Key Highlights

  • Q2 Net Income: Net income for the quarter ended June 30, 2026, was $853 million, compared with $374 million in the same quarter of 2025.
  • Q2 Total Revenues: Total revenues for the quarter were $2,169 million, up from $1,933 million in the prior-year quarter.
  • Diluted EPS: Diluted earnings per common share for the quarter were $3.08, versus $1.33 in Q2 2025.
  • Year-to-Date Net Income: Net income for the first half of 2026 was $1,285 million, compared with $628 million in the first half of 2025.
  • Share Repurchases: The company repurchased $674 million of common stock year-to-date through June 30, 2026.
  • Shares Outstanding: As of July 30, 2026, there were 272,901,085 shares of common stock outstanding.
  • Dividend: Dividends declared per common share for the quarter were $0.75, compared with $0.71 in Q2 2025.

Yum! Brands Q2 2026: Revenue Growth, Tax Benefit Drives Higher Net Income

According to the filing, Yum! Brands, Inc. (New York Stock Exchange: YUM) reported total revenues of $2,169 million for the quarter ended June 30, 2026, compared with $1,933 million in the quarter ended June 30, 2025. Company sales were $837 million in Q2 2026 versus $669 million a year earlier, while franchise and property revenues reached $895 million compared with $835 million in the prior-year period. Franchise contributions for advertising and other services totaled $438 million, up from $428 million.

The company disclosed operating profit of $655 million for the quarter, compared with $622 million in Q2 2025. Net interest expense was $128 million versus $123 million a year prior. Income before income taxes was $533 million. A notable factor in the quarterly results was an income tax benefit of $320 million, compared with a tax provision of $125 million in Q2 2025, which the filing presents without further characterization in the income statement itself. Basic earnings per common share for the quarter were $3.10, compared with $1.34 in the prior-year quarter.

On a year-to-date basis through June 30, 2026, total revenues were $4,228 million versus $3,720 million for the comparable 2025 period. Net cash provided by operating activities was $923 million year-to-date, compared with $850 million in 2025. The balance sheet as of June 30, 2026, showed total assets of $8,682 million and long-term debt of $9,462 million. Short-term borrowings rose to $2,813 million from $38 million at December 31, 2025. The company also reported assets held for sale of $746 million and liabilities held for sale of $262 million as of June 30, 2026, compared with $1 million and zero, respectively, at year-end 2025. Total shareholders' deficit was $(7,107) million at June 30, 2026.

What Was Disclosed

Yum! Brands filed its Form 10-Q for the quarter ended June 30, 2026, reporting quarterly net income of $853 million, total revenues of $2,169 million, diluted EPS of $3.08, and $674 million in year-to-date share repurchases, alongside updated balance sheet and cash flow figures.