Kraft Heinz (NASDAQ:KHC) Posts Q4 CY2025 Sales In Line With Estimates But Stock Drops

Kraft Heinz (NASDAQ:KHC) Posts Q4 CY2025 Sales In Line With Estimates But Stock Drops

Petr Huřťák

Wed, February 11, 2026 at 9:22 PM GMT+9 4 min read

In this article:

KHC

+1.51%

Packaged foods company Kraft Heinz (NASDAQ:KHC) met Wall Street’s revenue expectations in Q4 CY2025, but sales fell by 3.4% year on year to $6.35 billion. Its non-GAAP profit of $0.67 per share was 9.1% above analysts’ consensus estimates.

Is now the time to buy Kraft Heinz? Find out in our full research report.

Kraft Heinz (KHC) Q4 CY2025 Highlights:

**Revenue:** $6.35 billion vs analyst estimates of $6.37 billion (3.4% year-on-year decline, in line)

**Adjusted EPS:** $0.67 vs analyst estimates of $0.61 (9.1% beat)

**Adjusted EBITDA:** $1.36 billion vs analyst estimates of $1.43 billion (21.4% margin, 5.1% miss)

**Adjusted EPS guidance for the upcoming financial year 2026** is $2.04 at the midpoint, missing analyst estimates by 18.2%

**Operating Margin:** 17.1%, up from -0.6% in the same quarter last year

**Free Cash Flow Margin:** 18.4%, up from 17.4% in the same quarter last year

**Organic Revenue** fell 4.2% year on year (miss)

**Sales Volumes** fell 4.7% year on year, in line with the same quarter last year

**Market Capitalization:** $29.48 billion

Company Overview

The result of a 2015 mega-merger between Kraft and Heinz, Kraft Heinz (NASDAQ:KHC) is a packaged foods giant whose products span coffee to cheese to packaged meat.

Revenue Growth

A company’s long-term sales performance is one signal of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul.

With $24.94 billion in revenue over the past 12 months, Kraft Heinz is one of the most widely recognized consumer staples companies. Its influence over consumers gives it negotiating leverage with distributors, enabling it to pick and choose where it sells its products (a luxury many don’t have). However, its scale is a double-edged sword because it’s harder to find incremental growth when your existing brands have penetrated most of the market. For Kraft Heinz to boost its sales, it likely needs to adjust its prices, launch new offerings, or lean into foreign markets.

As you can see below, Kraft Heinz struggled to generate demand over the last three years. Its sales dropped by 2% annually as consumers bought less of its products.

Kraft Heinz Quarterly Revenue

This quarter, Kraft Heinz reported a rather uninspiring 3.4% year-on-year revenue decline to $6.35 billion of revenue, in line with Wall Street’s estimates.

Looking ahead, sell-side analysts expect revenue to remain flat over the next 12 months. While this projection implies its newer products will fuel better top-line performance, it is still below the sector average.

While Wall Street chases Nvidia at all-time highs, an under-the-radar semiconductor supplier is dominating a critical AI component these giants can’t build without. Click here to access our free report one of our favorites growth stories.

Story Continues  

Volume Growth

Revenue growth can be broken down into changes in price and volume (the number of units sold). While both are important, volume is the lifeblood of a successful staples business as there’s a ceiling to what consumers will pay for everyday goods; they can always trade down to non-branded products if the branded versions are too expensive.

To analyze whether Kraft Heinz generated its growth (or lack thereof) from changes in price or volume, we can compare its volume growth to its organic revenue growth, which excludes non-fundamental impacts on company financials like mergers and currency fluctuations.

Over the last two years, Kraft Heinz’s average quarterly volumes have shrunk by 3.8%. This isn’t ideal for a consumer staples company, where demand is typically stable. In the context of its 2.7% average organic sales declines, we can see that most of the company’s losses have come from fewer customers purchasing its products.

Kraft Heinz Year-On-Year Volume Growth

In Kraft Heinz’s Q4 2025, sales volumes dropped 4.7% year on year. This result represents a further deceleration from its historical levels, showing the business is struggling to move its products.

Key Takeaways from Kraft Heinz’s Q4 Results

It was good to see Kraft Heinz beat analysts’ EPS expectations this quarter. On the other hand, its full-year EPS guidance missed and its organic revenue fell short of Wall Street’s estimates. Overall, this quarter could have been better. The stock traded down 6.4% to $23.32 immediately after reporting.

Kraft Heinz’s earnings report left more to be desired. Let’s look forward to see if this quarter has created an opportunity to buy the stock. If you’re making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it’s free.

Terms and Privacy Policy

Privacy Dashboard

More Info