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Kraft Heinz Co FY 2025 10-K, explained in plain English

KHC · 10-K for the period ending December 27, 2025, filed February 12, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$24.9B
Gross margin33.3%
Operating income−$4.7B
Net income−$5.8B
Diluted EPS−$4.93
Cash & equivalents$2.6B
Total assets$81.8B
Long-term debt$19.3B

Key takeaway

Kraft Heinz posted a net loss of $5.85 billion for fiscal 2025, driven primarily by a $9.3 billion non-cash goodwill impairment charge across six of its ten reporting units.

🔒 4 more takeaways in the full analysis

Beneath the surface

The $9.3 billion goodwill/intangible impairment (AssetImpairmentCharges) accounts for nearly all of the reported operating and net loss, masking otherwise stable top-line performance of $24.9 billion in revenue.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for KHC.

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