Flagship explainer

How Kraft Heinz Co makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$24.9B · 100%Cost of revenue$16.6B · 67%Gross profit$8.3B · 33%Operating income−$4.7B · −19%Income before tax−$5.4B · −22%Income tax$403M · 2%Net income−$5.8B · −23%As of 2025-12-27 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$24.9B100%
Cost of revenue$16.6B67%
$8.3B33%
−$4.7B−19%
Income before tax−$5.4B−22%
Income tax$403M2%
−$5.8B−23%
Source: · event Dec 27, 2025 · retrieved Jul 26, 2026 · annual-row source set
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