Kraft Heinz Reports Q4 Operating Loss of USD 4.70 Billion Driven by Non-Cash Impairment

Reuters
Feb 11
Kraft Heinz Reports Q4 Operating Loss of USD 4.70 Billion Driven by Non-Cash Impairment

The Kraft Heinz Company reported financial results for the fourth quarter (Q4) and full year (FY) 2025. FY 2025 net sales were USD 25 billion, representing a decrease of 3.5%. For Q4 2025, net sales totaled USD 6.35 billion, down 3.4%. The company's gross profit margin for the full year declined by 1.4 percentage points to 33.3%, while adjusted gross profit margin decreased by 1.2 percentage points to 33.5%. Operating loss for the year was USD 4.7 billion, primarily due to non-cash impairment losses of USD 9.3 billion. Adjusted operating income reached USD 4.7 billion, a decrease of 11.5%. In terms of regional performance for Q4 2025, net sales in North America were USD 4.70 billion, declining by 5.4%. International Developed Markets recorded net sales of USD 930 million, up 1.8%, while Emerging Markets saw net sales rise to USD 724 million, an increase of 4.3%. Kraft Heinz announced a USD 600 million investment in commercial levers aimed at returning to profitable growth and noted a pause in work related to a previously considered separation, with management emphasizing a renewed focus on growth initiatives.

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