Yum Brands

YUM Q4 2025 Earnings

Reported Feb 4, 2026 at 7:01 AM ET · SEC Source

Q4 25 EPS

$1.73

MISS 2.26%

Est. $1.77

Q4 25 Revenue

$2.51B

BEAT +2.38%

Est. $2.46B

vs S&P Since Q4 25

-6.1%

TRAILING MARKET

YUM +0.2% vs S&P +6.4%

Full Year 2025 Results

FY 25 EPS

$6.05

MISS 0.31%

Est. $6.07

FY 25 Revenue

$8.21B

BEAT +0.73%

Est. $8.15B

Market Reaction

Did YUM Beat Earnings? Q4 2025 Results

Yum! Brands delivered a mixed fourth quarter for fiscal 2025, beating on revenue while falling just short on the bottom line, as strong top-line momentum across its global portfolio was offset by a collection of special items weighing on per-share ea… Read more Yum! Brands delivered a mixed fourth quarter for fiscal 2025, beating on revenue while falling just short on the bottom line, as strong top-line momentum across its global portfolio was offset by a collection of special items weighing on per-share earnings. The Louisville-based restaurant giant posted non-GAAP EPS of $1.73, missing the $1.77 consensus estimate by 2.26%, while revenue of $2.51 billion came in ahead of the $2.46 billion Wall Street expected, a 2.38% beat representing 6.4% year-over-year growth. Taco Bell was the clear engine of the quarter, delivering 7% same-store sales growth and gaining market share, while KFC set a development record with over 1,100 new store openings across 105 countries in Q4 alone. Pizza Hut remained a soft spot, with same-store sales down 1%, prompting the company to launch a strategic options review for the brand. Analysts currently rate the stock a "Moderate Buy" and project roughly 9.4% EPS growth in 2026, consistent with management's reiterated long-term algorithm targeting at least 8% core operating profit growth.

Key Takeaways

  • Taco Bell same-store sales growth of 7% in Q4 and full year, gaining market share
  • KFC record development with over 1,100 new store builds in Q4 and nearly 3,000 in 2025
  • Digital system sales exceeding $11 billion in Q4 with nearly 60% digital mix
  • Worldwide system sales grew 5% ex-FX excluding 53rd week lap
  • KFC company-owned restaurant margins improved 40 basis points to 12.7% in Q4
  • 1,814 gross new units opened in Q4; 4,567 gross new units for full year
24/7 Wall St

YUM YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

YUM Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Yum! delivered another year of outstanding results at KFC and Taco Bell with our fundamentals stronger than ever at both brands. Taco Bell again gained market share with standout same-store sales performance, and KFC delivered another record-breaking year of unit development. We enter 2026 with a clear strategic focus on accelerating long-term growth, embodied in our multi-year 'Raise the Bar' priorities. I'm more convinced than ever that the combination of our global scale, unrivaled culture and talent, and world-class franchise partnerships create a unique and unbeatable competitive advantage.”

— Chris Turner, Q4 2025 Earnings Press Release