The Kraft Heinz Company
Financial Performance
Kraft Heinz Revenue & Financials
Revenue
$24.9B (FY2025)
Market Cap
$29B
Employees
35,000
What is Kraft Heinz's revenue?
Kraft Heinz had $24.9B in revenue for fiscal year 2025, down 3.5% from 2024. It reported a net loss of $5.8B.
- Latest revenue
- $24.9B (FY2025)
- Year-over-year
- -3.5%
- Growth rate (CAGR)
- -0.6% over 9 years
- Peak revenue
- $26.6B (FY2023)
- Years of data
- 10
- Employees
- 35,000
- What is Kraft Heinz's operating income?
- Kraft Heinz reported an operating loss of $4.7B for fiscal year 2025. sec.gov
- How much profit does Kraft Heinz make?
- Kraft Heinz reported a net loss of $5.8B for fiscal year 2025. sec.gov
- How many employees does Kraft Heinz have?
- Kraft Heinz has about 35,000 employees.
Financial Analysis
Kraft Heinz's net sales peaked at $26.6 billion in 2023 and fell to $25.846 billion in 2024 and $24.942 billion in 2025. Profitability swings with impairments: the company reported a $10.2 billion loss in 2018 after the $15.4 billion write-down of Kraft and Oscar Mayer brands, profits of $2.4 billion to $2.9 billion from 2022 to 2024, and a $5.846 billion net loss in FY2025 on a $4.669 billion operating loss. In Q2 2026 (quarter ended June 27, 2026), net sales were $6.262 billion, down 1.4%, and a $7.4 billion non-cash impairment produced a $6.4 billion operating loss and a net loss of about $5.46 billion. Cash generation is steadier: year-to-date 2026 operating cash flow was $2.1 billion and free cash flow $1.7 billion, and the company returned $0.9 billion to shareholders, including a $0.40 quarterly dividend. Market capitalization was about $29 billion in September 2026, far below the more than $100 billion value it reached in 2017. The Kraft Heinz Company is a colossal American multinational food and beverage conglomerate, commanding a market valuation generally exceeding $40 billion.
Revenue Trend Analysis
YoY Change
-3.5%
9-Year CAGR
-0.6%
Peak Year
2023
Trend
Volatile
The Kraft Heinz Company has 10 full fiscal year figures on this page, compounding at -0.6% annually over 9 years. The most recent year saw a 3.5% decline versus the prior year. Annual revenue peaked in fiscal year 2023 at $26.6B. Of 9 comparable year-over-year steps, 4 showed growth and 5 showed a decline.
Annual revenue history
Click any row to see year details.
The Kraft Heinz Company balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 27, 2025 | $4.5B | $801M | $81.8B | $40B | $41.7B | $3.7B | Form 10-K |
| FY2024ended Dec 28, 2024 | $4.2B | $1B | $88.3B | $39B | $49.2B | $3.2B | Form 10-K |
| FY2023ended Dec 30, 2023 | $4B | $1B | $90.3B | $40.6B | $49.5B | $3B | Form 10-K |
| FY2022ended Dec 31, 2022 | $2.5B | $916M | $90.5B | $41.6B | $48.7B | $1.6B | Form 10-K |
| FY2021ended Dec 25, 2021 | $5.4B | $905M | $93.4B | $43.9B | $49.3B | $4.5B | Form 10-K |
| FY2020ended Dec 26, 2020 | $4.9B | $596M | $99.8B | $49.6B | $50.1B | $4.3B | Form 10-K |
| FY2019ended Dec 28, 2019 | $3.6B | $768M | $101.5B | $49.7B | $51.6B | $2.8B | Form 10-K |
| FY2018ended Dec 29, 2018 | $2.6B | $826M | $103.5B | $51.7B | $51.7B | $1.7B | Form 10-K |
| FY2017ended Dec 30, 2017 | $501M | $1.2B | $120.1B | $54B | $65.9B | -$693M | Form 10-K |
| FY2016ended Dec 31, 2016 | $2.6B | $1.2B | $120.5B | $62.9B | $57.4B | $1.4B | Form 10-K |
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Kraft Heinz Revenue and Financial FAQ
What is The Kraft Heinz Company's annual revenue scale?
The Kraft Heinz Company reported revenue of $24.9 billion for fiscal year 2025, down from $25.8 billion in fiscal 2024.
What is Kraft Heinz's gross margin and adjusted operating profit profile?
Kraft Heinz reported a 33.3% gross margin in FY2025. In Q2 2026 gross margin was 32.4% and adjusted gross margin 34.1%, while adjusted operating income fell 18.4% to $1.0 billion as the company increased investment.
How is Kraft Heinz's revenue distributed geographically across global markets?
In H1 2026, North America generated $9.084 billion of net sales (about 74%), International Developed Markets $1.708 billion (about 14%), and Emerging Markets $1.517 billion (about 12%).
What is Kraft Heinz's annual free cash flow generation?
Kraft Heinz generated $1.7 billion of free cash flow in the first half of 2026, up 10.3%, on $2.1 billion of operating cash flow.
How does Kraft Heinz return capital to shareholders through dividends?
Kraft Heinz is an attractive dividend-paying stock, distributing over $1.9 billion in annual cash dividends to shareholders (maintaining a quarterly payout of $0.40 per share), supported by strong free cash flow and investment-grade balance sheet liquidity.
What is Kraft Heinz's balance sheet deleveraging progress and debt rating?
After peaking above $30 billion in debt following the 2015 merger, Kraft Heinz successfully reduced net leverage to under 3.0x net debt-to-Adjusted EBITDA, maintaining solid investment-grade credit ratings from S&P, Moody's, and Fitch.
Why did Kraft Heinz record a large $15.4 billion impairment charge in 2019?
In February 2019, Kraft Heinz recorded a historic $15.4 billion non-cash goodwill impairment write-down on its Kraft and Oscar Mayer brand assets, acknowledging that shifting consumer tastes toward organic, fresh foods had diminished the carrying value of legacy processed brands.
What percentage of Kraft Heinz shares are owned by Berkshire Hathaway?
Berkshire Hathaway owns 325.4 million shares, about 27.5% of Kraft Heinz. It registered the stake for possible resale in early 2026 but said in March 2026 that it had no immediate plans to sell.
Why did Kraft Heinz stock crash?
In 2019, the company suffered an absolute financial catastrophe. The private equity owners (3G Capital) were notorious for "zero-based budgeting"—ruthlessly slashing costs to boost profits. However, they cut so much R&D and marketing that consumers stopped buying the outdated products. The company was forced to announce a massive $15.4 billion write-down on the value of the Kraft and Oscar Mayer brands, completely crushing the stock price.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Kraft Heinz Revenue & Financials." CorpDigest, https://corpdigest.com/company/kraft-heinz/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Kraft Heinz reported $24.9B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/kraft-heinz/financials" target="_blank" rel="noopener">CorpDigest — Kraft Heinz financials</a></div>Related Financial Audits
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