McDonald'sMCDEarnings & Financial Report
McDonald's Corporation, doing business as McDonald's, is an American multinational fast food restaurant chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea.
MCD Q1 FY2026 Key Financial Metrics
Revenue
$6.5B
Gross Profit
N/A
Operating Profit
$6.0M
Net Profit
$2.0B
Gross Margin
N/A
Operating Margin
0.1%
Net Margin
30.4%
YoY Growth
9.4%
EPS
$2.00
McDonald's Q1 FY2026 Financial Summary
McDonald's reported revenue of $6.5B (up 9.4% YoY) for Q1 FY2026, with a net profit of $2.0B (30.4% margin).
Key Financial Metrics
| Total Revenue | $6.5B |
|---|---|
| Net Profit | $2.0B |
| Gross Margin | N/A |
| Operating Margin | 0.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
McDonald's Q1 FY2026 revenue of $6.5B breaks down across 4 segments, led by Other at $2.5B (38.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $2.5B | 38.5% |
| International Operated Markets | $1.8B | 27.3% |
| U.S | $1.8B | 26.9% |
| International Developmental Licensed Markets & Corporate | $476.0M | 7.3% |
McDonald's Revenue by Segment — Quarterly Trend
McDonald's revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and International Operated Markets) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Other | $2.5B | $2.8B | $2.8B | $2.8B |
| International Operated Markets | $1.8B | $3.6B | $3.7B | $3.5B |
| U.S | $1.8B | — | — | — |
| International Developmental Licensed Markets & Corporate | $476.0M | — | — | — |
McDonald's Annual Revenue by Year
McDonald's annual revenue history includes year-by-year totals (for example, 2025 revenue was $26.9B).
McDonald's Quarterly Revenue & Net Profit History
McDonald's results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.5B | +9.4% | $2.0B | 30.4% |
| Q4 FY2025 | $7.0B | +9.7% | $2.2B | 30.9% |
| Q3 FY2025 | $7.1B | +3.0% | $2.3B | 32.2% |
| Q2 FY2025 | $6.8B | +5.4% | $2.3B | 32.9% |
| Q1 FY2025 | $6.0B | -3.5% | $1.9B | 31.4% |
| Q4 FY2024 | $6.4B | -0.3% | $2.0B | 31.6% |
| Q3 FY2024 | $6.9B | +2.7% | $2.3B | 32.8% |
| Q2 FY2024 | $6.5B | -0.1% | $2.0B | 31.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.49B | $6.87B | $6.39B | $5.96B | $6.84B | $7.08B | $7.01B | $6.52B |
| YoY Growth | -0.1% | 2.7% | -0.3% | -3.5% | 5.4% | 3.0% | 9.7% | 9.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $53.80B | $56.17B | $55.18B | $56.33B | $59.55B | $60.61B | $59.52B | N/A |
| Liabilities | $58.63B | $61.35B | $58.98B | $59.78B | $62.31B | $62.77B | $61.31B | N/A |
| Equity | $-4.82B | $-5.18B | $-3.80B | $-3.45B | $-2.76B | $-2.16B | $-1.79B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $1.69B | $2.74B | $2.63B | $2.43B | $2.00B | $3.43B | $2.70B |