The Kraft Heinz Company (KHC) Income Statement
KHC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKHC revenue and net income
Where KHC's revenue goes
2025Each bar shows an amount and its share of revenue. KHC kept −23.4% of revenue as net income.
KHC profit margins
KHC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.5% | −2.0% | −1.0% | +3.1% |
| Gross profit | −7.3% | +0.8% | −2.0% | +3.7% |
| Operating income | −377.4% | — | — | — |
| Net income | −313.0% | — | — | — |
| EPS (diluted) | −15.4% | −2.3% | −2.1% | −1.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KHC quarterly EPS vs estimates
Kraft Heinz beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.43).
KHC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.94B | $25.85B | $26.64B | $26.48B | $26.04B | $26.18B | $24.98B | $26.27B | $26.23B | $26.30B |
| Cost of revenue | $16.63B | $16.88B | $17.71B | $18.36B | $17.36B | $17.01B | $16.83B | $17.35B | $16.53B | $17.15B |
| Gross profit | $8.31B | $8.97B | $8.93B | $8.12B | $8.68B | $9.18B | $8.15B | $8.92B | $9.70B | $9.15B |
| Research & development | — | — | $147.0M | $127.0M | $140.0M | $119.0M | $112.0M | $109.0M | $93.0M | $120.0M |
| Sales, general & admin | $3.67B | $3.49B | $3.58B | $3.43B | $4.41B | $4.35B | $2.70B | $6.38B | $2.93B | $3.53B |
| Total operating expenses | $12.98B | $7.29B | $4.35B | $4.49B | $5.22B | $7.05B | $5.08B | $19.13B | $2.93B | $3.54B |
| Operating income | −$4.67B | $1.68B | $4.57B | $3.63B | $3.46B | $2.13B | $3.07B | −$10.21B | $6.77B | $5.60B |
| Interest income | $122.0M | $69.0M | $40.0M | $27.0M | $15.0M | $27.0M | — | — | — | $1.16B |
| Interest expense | $947.0M | $912.0M | $912.0M | $921.0M | $2.05B | $1.39B | $1.36B | $1.28B | $1.23B | $1.13B |
| Income before taxes | −$5.45B | $856.0M | $3.63B | $2.97B | $1.71B | $1.03B | $2.66B | −$11.32B | $5.53B | $4.94B |
| Income taxes | $403.0M | −$1.89B | $787.0M | $598.0M | $684.0M | $669.0M | $728.0M | −$1.07B | −$5.46B | $1.33B |
| Net income | −$5.85B | $2.74B | $2.85B | $2.36B | $1.01B | $356.0M | $1.94B | −$10.19B | $11.00B | $3.60B |
| EBITDA | −$3.53B | $2.72B | $5.51B | $4.82B | $4.67B | $3.39B | $5.02B | −$9.05B | $7.79B | $7.41B |
| EPS (diluted) | $2.59 | $3.06 | $2.97 | $2.78 | $2.94 | $2.88 | $2.85 | $3.51 | $3.55 | $3.32 |
| Gross margin | 33.3% | 34.7% | 33.5% | 30.7% | 33.3% | 35.0% | 32.6% | 34.0% | 37.0% | 34.8% |
| Operating margin | −18.7% | 6.5% | 17.2% | 13.7% | 13.3% | 8.1% | 12.3% | −38.8% | 25.8% | 21.3% |
| Net margin | −23.4% | 10.6% | 10.7% | 8.9% | 3.9% | 1.4% | 7.7% | −38.8% | 41.9% | 13.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.26B | $6.05B | $6.35B | $6.24B | $6.35B | $6.00B | $6.58B | $6.38B | $6.48B | $6.41B | $6.86B | $6.57B |
| Cost of revenue | $4.23B | $3.83B | $4.28B | $4.25B | $4.17B | $3.94B | $4.33B | $4.20B | $4.18B | $4.17B | $4.54B | $4.33B |
| Gross profit | $2.03B | $2.22B | $2.07B | $1.99B | $2.18B | $2.06B | $2.25B | $2.19B | $2.29B | $2.24B | $2.32B | $2.23B |
| Research & development | — | — | $167.0M | — | — | — | — | — | — | — | $147.0M | — |
| Sales, general & admin | $1.11B | $1.06B | $983.0M | $930.0M | $891.0M | $868.0M | $869.0M | $819.0M | $916.0M | $908.0M | $93.0M | $895.0M |
| Total operating expenses | $8.46B | $1.07B | $988.0M | $965.0M | $10.16B | $868.0M | $2.29B | $2.29B | $1.77B | $941.0M | $1.02B | $1.58B |
| Operating income | −$6.43B | $1.15B | $1.08B | $1.02B | −$7.97B | $1.20B | −$40.0M | −$101.0M | $522.0M | $1.30B | $1.30B | $653.0M |
| Interest income | $71.0M | $42.0M | $37.0M | $34.0M | $28.0M | $23.0M | $20.0M | $16.0M | $17.0M | $16.0M | $12.0M | $12.0M |
| Interest expense | $9.0M | $236.0M | $238.0M | $240.0M | $240.0M | $229.0M | $227.0M | $230.0M | $229.0M | $226.0M | $229.0M | $228.0M |
| Income before taxes | −$6.38B | $1.01B | $897.0M | $807.0M | −$8.17B | $1.02B | −$238.0M | −$283.0M | $348.0M | $1.03B | $950.0M | $460.0M |
| Income taxes | −$916.0M | $211.0M | $249.0M | $194.0M | −$344.0M | $304.0M | −$2.37B | $7.0M | $248.0M | $225.0M | $193.0M | $206.0M |
| Net income | −$5.46B | $798.0M | $651.0M | $615.0M | −$7.82B | $712.0M | $2.13B | −$290.0M | $102.0M | $801.0M | $757.0M | $262.0M |
| EBITDA | −$6.11B | $1.49B | $1.39B | $1.29B | −$7.69B | $1.48B | $223.0M | $192.0M | $816.0M | $1.49B | $1.43B | $962.0M |
| EPS (diluted) | $0.56 | $0.58 | $0.67 | $0.61 | $0.69 | $0.62 | $0.84 | $0.75 | $0.78 | $0.69 | $0.78 | $0.72 |
| Gross margin | 32.4% | 36.7% | 32.6% | 31.9% | 34.4% | 34.4% | 34.1% | 34.2% | 35.4% | 35.0% | 33.8% | 34.0% |
| Operating margin | −102.7% | 18.9% | 17.1% | 16.4% | −125.5% | 19.9% | −0.6% | −1.6% | 8.1% | 20.3% | 19.0% | 9.9% |
| Net margin | −87.2% | 13.2% | 10.2% | 9.9% | −123.2% | 11.9% | 32.4% | −4.5% | 1.6% | 12.5% | 11.0% | 4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KHC's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KHC financial results
In fiscal year 2025 (ended December 31, 2025), Kraft Heinz reported revenue of $24.9 billion, down 3.5% from the year before. It had a net loss of $5.8 billion, a net profit margin of −23.4%. Diluted earnings per share came to $2.59. Over five years revenue grew at an average rate of −1.0% a year.
See the KHC stock overview for the latest quote and news, or the KHC chart for price history and technical indicators.
KHC income statement FAQ
What is Kraft Heinz's annual revenue?
Kraft Heinz reported total revenue of $24.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 3.5% from $25.8 billion the previous year.
Is Kraft Heinz profitable?
No. Kraft Heinz reported a net loss of $5.8 billion in fiscal 2025, a net profit margin of −23.4%; its operating margin was −18.7%.
What is Kraft Heinz's gross margin?
Kraft Heinz's gross margin was 33.3% in fiscal 2025: for every $100 of revenue, Kraft Heinz kept $33 after the direct cost of its products and services.
How fast is Kraft Heinz growing?
Revenue grew −1.0% a year on average over the last five fiscal years, from $26.2 billion to $24.9 billion.
What are Kraft Heinz's earnings per share?
Kraft Heinz earned $2.59 per diluted share in fiscal 2025, compared with $3.06 a year earlier.
When will Kraft Heinz report its next earnings?
Kraft Heinz is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Kraft Heinz's fiscal year end?
Kraft Heinz's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.