Restaurant Brands International Limited Partnership revenue and financials

QSP.UN · TSX · CAD

$103.46Change from previous close: 0.00%

Close · October 2, 2026

In the fiscal year ended December 2025, Restaurant Brands International Limited Partnership reported revenue of $9.43B (+12.23% year over year). Net income was $1.07B, a net margin of 11.4%.

Annual revenue · 2025: $9.43B
  1. $6.51B2022
  2. $7.02B2023
  3. $8.41B2024
  4. $9.43B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+12.23%
2025 vs 2024
Net income growth
−25.52%
2025 vs 2024
Net margin
11.4%
2024: 17.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item20252024202320222021
Operating cash flow1,7141,5031,3231,490—
Depreciation and amortization301264191190—
Capital expenditure-265-201-120-100—
Investing cash flow-318-66011.0-64.0—
Financing cash flow-1,436-625-1,374-1,307—
Dividends paid-1,108-1,029-1,490-1,297—
Debt issued0.02,45055.02.0—
Debt repaid-427-2,190-92.0-94.0—
Effect of exchange rates16.0-23.01.0-28.0—
Net change in cash-187218-40.0119—
Free cash flow1,4491,3021,2031,390—