Yum China Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 5, 2026, reporting third-quarter and year-to-date financial results for the company listed on NYSE:YUMC.

Key Highlights

  • Q3 2026 total revenues: $3,477 million, up from $3,206 million in Q3 2025, according to the filing.
  • Q3 2026 net income attributable to Yum China: $311 million, compared with $282 million in the prior-year quarter.
  • Diluted EPS for Q3 2026: $0.91, versus $0.76 in Q3 2025.
  • Year-to-date net income attributable to Yum China: $864 million for the nine months ended September 30, 2026, versus $789 million for the same period in 2025.
  • Share repurchases year to date: $793 million in common stock repurchased, with 336,860,181 shares outstanding as of October 30, 2026.
  • Intangible assets acquisition: $1,202 million recorded as an investing cash outflow year to date, compared with zero in the same period of 2025.
  • Short-term borrowings: Increased to $1,549 million as of September 30, 2026, from $30 million at December 31, 2025.

Yum China Reports Higher Q3 Revenue and Earnings on Increased Company Sales

According to the filing, Yum China Holdings, Inc. reported total revenues of $3,477 million for the quarter ended September 30, 2026, rising from $3,206 million in the same quarter of 2025. Company sales, the largest revenue component, reached $3,214 million in Q3 2026 versus $2,998 million a year earlier. Franchise fees and income were $32 million for the quarter, and revenues from transactions with franchisees were $183 million.

The company disclosed Q3 2026 operating profit of $451 million, up from $400 million in Q3 2025. Net income including noncontrolling interests was $335 million for the quarter. After deducting noncontrolling interests of $24 million, net income attributable to Yum China was $311 million, compared with $282 million a year prior. Basic and diluted earnings per share were each $0.91 for Q3 2026, versus $0.76 in Q3 2025, the filing stated.

For the nine months ended September 30, 2026, the company reported total revenues of $9,886 million versus $8,974 million in the year-to-date period of 2025. Net cash provided by operating activities was $1,481 million, the filing disclosed, compared with $1,341 million in the prior-year period. Total assets stood at $12,407 million as of September 30, 2026, up from $10,783 million at December 31, 2025. The increase in intangible assets, net, to $1,416 million from $148 million was accompanied by a $1,202 million cash outflow for acquisition of intangible assets, as reported in the cash flow statement.

What Was Disclosed

Yum China Holdings filed its quarterly report covering the period ended September 30, 2026, disclosing revenue growth, higher net income, a significant acquisition of intangible assets, increased short-term borrowings, and continued share repurchase activity totaling $793 million year to date.