Kraft Heinz Co.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $24.94B | $25.85B | $26.64B | $26.49B | $26.04B | $26.19B | $24.98B |
| Cost of Revenue | — | $16.63B | $16.88B | $17.71B | $18.36B | $17.36B | $17.01B | $16.83B |
| Gross Profit | — | $8.31B | $8.97B | $8.93B | $8.12B | $8.68B | $9.18B | $8.15B |
| Gross Margin | — | 33.3% | 34.7% | 33.5% | 30.7% | 33.3% | 35.0% | 32.6% |
| Operating Expenses | ||||||||
| Research & Development | — | $167.0M | $150.0M | $147.0M | $127.0M | $140.0M | $119.0M | $112.0M |
| SG&A Expense | — | $12.98B | $7.29B | $4.35B | $4.49B | $5.22B | $7.05B | $5.08B |
| Operating Income | — | $-4.67B | $1.68B | $4.57B | $3.63B | $3.46B | $2.13B | $3.07B |
| Operating Margin | — | -18.7% | 6.5% | 17.2% | 13.7% | 13.3% | 8.1% | 12.3% |
| Interest Expense | — | $947.0M | $912.0M | $912.0M | $921.0M | $2.05B | $1.39B | $1.36B |
| Pretax Income | — | $-5.45B | $856.0M | $3.63B | $2.97B | $1.71B | $1.03B | $2.66B |
| Income Tax Expense | — | $403.0M | $-1.89B | $787.0M | $598.0M | $684.0M | $669.0M | $728.0M |
| Net Income | — | $-5.85B | $2.74B | $2.86B | $2.36B | $1.01B | $356.0M | $1.94B |
| Net Margin | — | -23.4% | 10.6% | 10.7% | 8.9% | 3.9% | 1.4% | 7.7% |
| EPS (Basic) | — | $-4.93 | $2.27 | $2.33 | $1.93 | $0.83 | $0.29 | $1.59 |
| EPS (Diluted) | — | $-4.93 | $2.26 | $2.31 | $1.91 | $0.82 | $0.29 | $1.58 |
| Shares Outstanding (Basic) | 1.18B | 1.19B | 1.21B | 1.23B | 1.23B | 1.22B | 1.22B | 1.22B |
| Shares Outstanding (Diluted) | 1.18B | 1.19B | 1.22B | 1.24B | 1.24B | 1.24B | 1.23B | 1.22B |
| Dividends Per Share | — | $1.60 | $1.60 | $1.60 | $1.60 | $1.60 | $1.60 | $1.60 |