Screener / SEC EDGAR /CIK 0001637459 /10-K filed Feb 12, 2026, compared with Feb 13, 2025 /Numbers from the XBRL of the 10-Ks
Consumer staples peers:
NYSE Consumer staples · Packaged Foods

Kraft Heinz KHC

We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. 10-K, Item 1

Employees
35,000
Headquarters
Pittsburgh, PA
CEO
Steven A. Cahillane
Next results
around Feb 10, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2024

Revenue of $25.8B through the costs to a net profit of $2.7B · income statement of the 10-K

7% operating margin
Revenue to Gross profit: $9.0BRevenue to Cost of revenue: $16.9BGross profit to Operating profit: $1.7BGross profit to Operating expenses: $7.3BOperating profit to Net profit: $1.7BOther income to Net profit: $1.1BOperating expenses to R&D: $150.0MOperating expenses to SG&A: $7.1B Revenue: $25.8B REVENUE $25.8B −3% Y/Y Gross profit: $9.0B · 35% margin GROSS PROFIT $9.0B 35% margin · +0% Y/Y Cost of revenue: $16.9B · 65% of revenue COST OF REVENUE $16.9B 65% of revenue Operating profit: $1.7B · 7% margin OPERATING PROFIT $1.7B 7% margin · −63% Y/Y Other income: $1.1B · 4% of revenue OTHER INCOME $1.1B 4% of revenue Operating expenses: $7.3B · 28% of revenue OPERATING EXPENSES $7.3B 28% of revenue Net profit: $2.7B · 11% margin NET PROFIT $2.7B 11% margin · −4% Y/Y R&D: $150.0M · 1% of revenue R&D $150.0M 1% of revenue SG&A: $7.1B · 28% of revenue SG&A $7.1B 28% of revenue
Gross profit $9.0B 35% margin · +0% Y/Y
Operating profit $1.7B 7% margin · −63% Y/Y
Net profit $2.7B 11% margin · −4% Y/Y
The full income statement, year by year

KHC among Consumer staples peers

Six ratios from the latest 10-K. Each corner is the share of 32 peers the company is above, not a score.

Compare
Revenue growth: -3.5%, above 9% of 32 peers (their median 2.2%) REVENUE GROWTH -3.5% · above 9% Gross margin: 33.5%, above 30% of 30 peers (their median 40.5%) GROSS MARGIN 33.5% · above 30% Operating margin: -13.4%, above 0% of 28 peers (their median 14.1%) OPERATING MARGIN -13.4% · above 0% Net margin: -14.0%, above 0% of 32 peers (their median 8.8%) NET MARGIN -14.0% · above 0% FCF margin: 14.3%, above 62% of 32 peers (their median 10.4%) FCF MARGIN 14.3% · above 62%
KHC Peer median Below the median

What changed

30 new risk paragraphs. 10-K filed Feb 12, 2026 against Feb 13, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables +5.0% vs revenue -3.5% (+8.5 pts)
  • Cash from operations $4.5B vs net income −$5.8B (FY ending Dec 27, 2025)
  • Inventory -6.2% vs revenue -3.5% (-2.7 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No longer listed: Valuation of Non-US Deferred Tax Asset Related to the Change in Entity Structure. Same as last year: Interim (Q2) and Annual Goodwill Impairment Assessments for Certain Reporting Units; Interim (Q2) and Annual Impairment Assessments for Certain Indefinite-Lived Intangible Assets - Individual Brands
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

30 paragraphs in Risk Factors that were not in the 10-K filed Feb 13, 2025. Quoted as filed.

All 30 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    Our business is subject to various risks and uncertainties. In addition to the risks described elsewhere in this Annual Report on
  2. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    The Separation is subject to various risks and uncertainties, involves significant time, expense, and resources and may be further delayed or we may decide to cease work related to the Separation entirely. On September 2, 2025, we announced our intention to separate our company into two independent publicly traded companies through a…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    We may be unaware of intellectual property rights of others that may cover some of our technology, brands, or products. Any
  4. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    Our debt instruments contain customary representations, warranties, and covenants, including a financial covenant in our senior

New risk paragraphs, against peers

Latest 10-K of each, Consumer staples companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$26.5B$26.6B$25.8B$24.9B
Net income$2.4B$2.9B$2.7B−$5.8B
Operating cash flow$2.5B$4.0B$4.2B$4.5B
Free cash flow$1.6B$3.0B$3.2B$3.7B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$24.9B ▼ 3.5% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Kraft Heinz, Pittsburgh, PA · from the 10-K filed Feb 12, 2026

We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2025 net sales of approximately $25 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of eight consumer-driven product platforms. As global citizens, we’re dedicated to making a sustainable, ethical impact while helping to feed the world in healthy, responsible ways.

Headquarters
Pittsburgh, PA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 26
Last results
Nov 4, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 27, 2025, Kraft Heinz had approximately 35,000 employees globally based in 40 countries, of whom approximately 16,000 were employed in the United States" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 13, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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