McDonald's revenue and financials
$232.45Change from previous close: −0.25%Absolute change: −$0.59
In the fiscal year ended December 2025, McDonald's reported revenue of $26.89B (+3.72% year over year). Net income was $8.56B, a net margin of 31.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.72%
- 2025 vs 2024
- Net income growth
- +4.13%
- 2025 vs 2024
- Net margin
- 31.9%
- 2024: 31.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,099 | 6,517 | 7,009 | 7,078 | 6,843 | 5,956 | 6,388 | 6,873 | 6,490 | 6,169 | 6,407 | 6,692 |
| Cost of revenue | 2,981 | 2,874 | 2,978 | 2,973 | 2,881 | 2,619 | 2,709 | 2,998 | 2,772 | 2,730 | 2,752 | 2,828 |
| Gross profit | 4,118 | 3,643 | 4,031 | 4,105 | 3,962 | 3,337 | 3,679 | 3,875 | 3,718 | 3,439 | 3,655 | 3,864 |
| Selling, general and administrative | 706 | 648 | 749 | 664 | 595 | 575 | 664 | 536 | 590 | 622 | 731 | 584 |
| Operating income | 3,300 | 2,884 | 3,159 | 3,320 | 3,262 | 2,655 | 2,880 | 3,228 | 3,028 | 2,718 | 2,833 | 3,183 |
| EBIT | 3,300 | 2,884 | 3,159 | 3,320 | 3,262 | 2,655 | 2,880 | 3,228 | 3,028 | 2,718 | 2,833 | 3,183 |
| EBITDA | 3,865 | 3,450 | 3,735 | 3,879 | 3,806 | 3,175 | 3,433 | 3,760 | 3,530 | 3,228 | 3,330 | 3,681 |
| Interest expense | 409 | 400 | 410 | 406 | 390 | 376 | 380 | 381 | 373 | 372 | 360 | 341 |
| Pre-tax income | 2,936 | 2,542 | 2,758 | 2,949 | 2,861 | 2,329 | 2,537 | 2,843 | 2,555 | 2,408 | 2,515 | 2,923 |
| Income tax | 574 | 559 | 594 | 671 | 608 | 461 | 521 | 588 | 533 | 479 | 476 | 606 |
| Net income | 2,362 | 1,983 | 2,164 | 2,278 | 2,253 | 1,868 | 2,016 | 2,255 | 2,022 | 1,929 | 2,039 | 2,317 |
| Net income to common shareholders | 2,362 | 1,983 | 2,164 | 2,278 | 2,253 | 1,868 | 2,016 | 2,255 | 2,022 | 1,929 | 2,039 | 2,317 |
| Basic EPS | 3.33 | 2.79 | 3.03 | 3.20 | 3.15 | 2.61 | 2.80 | 3.15 | 2.81 | 2.67 | 2.80 | 3.19 |
| Diluted EPS | 3.32 | 2.78 | 3.03 | 3.18 | 3.14 | 2.60 | 2.80 | 3.13 | 2.80 | 2.66 | 2.80 | 3.17 |
| Average shares (basic) | 709 | 711 | 714 | 713 | 715 | 715 | 720 | 717 | 719 | 722 | 728 | 727 |
| Average shares (diluted) | 711 | 714 | 714 | 716 | 718 | 718 | 720 | 720 | 722 | 726 | 728 | 732 |
| Dividend per share | 1.86 | 1.86 | 1.86 | 1.77 | 1.77 | 1.77 | 1.77 | 1.67 | 1.67 | 1.67 | 1.67 | 1.52 |