YUMYum! Brands

Consumer discretionary · Restaurants · NYSE

Yum! Brands, Inc. (referred to herein as “YUM”, the “Registrant” or the “Company”), was incorporated under the laws of the state of North Carolina in 1997. 10-K, Item 1

Headquarters: Louisville, KY
CEO: Christopher Lee Turner
Next results: around Feb 3, 2027

Compare with peers → Embed

RevenueFY2016–25 $8.2B+8.8% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $1.6B+4.9% FY2024: $1.5B 10-K FY2025 · XBRL Free cash flowFY2016–25 $1.6B+14.5% Highest in 9 years 10-K FY2025 · XBRL Operating marginFY2016–25 31.3%−0.5 pts 26.5% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 20, 2026 against Feb 19, 2025

Area	What changed	Source
Risk factors	7 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	10 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

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

What's new, in their words

10-K filed Feb 20, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-19. Quoted as filed.

We have initiated a process to explore strategic options for the Pizza Hut brand, and there can be no assurance that this process will result in any transaction or outcome, that we will be able to realize the anticipated benefits of any transaction, if completed, or other outcome, or that this process will not adversely impact our…
10-K, Item 1A

All 7 new paragraphs →

Accounting checks

latest 10-K

10 of 10 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +8.5% vs revenue +8.8% (-0.3 pts)
✓
Cash from operations $2.0B vs net income $1.6B (FY ending 2025-12-31)
✓
Same auditor in both 10-Ks: KPMG, 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
✓
The same matters as last year: Evaluation of unrecognized tax benefits
✓
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

How each check works, with sources →

In the last 30 days

All filings →

Nov 6, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
Nov 3, 20268-K Quarterly results 8-K item 2.02

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Work on YUM in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/YUM/export.csv") into a cell.