Yum China is the exclusive operator of KFC, Pizza Hut, and Taco Bell in mainland China, and runs additional local brands. It is one of China’s largest restaurant companies by system sales and store count, with a dense franchise and company-owned network. The business blends Western quick-service formats with menus and digital ordering tailored to Chinese consumers. Revenue comes mainly from restaurant operations and related services across China’s dining market.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 2,787 | — | 215 | 1% |
| Q3 2025 | 3,206 | — | 282 | -4% |
| Q4 2025 | 2,823 | — | 140 | 23.5% |
| Q1 2026 | 3,271 | — | 309 | 7% |
| Q2 2026 | 3,138 | 12.6% | 244 | 13.5% |
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