Restaurants Brands International revenue and financials
Secondary listing. The primary listing is Restaurant Brands International · NYSE (USD)
$99.92Change from previous close: +0.14%Absolute change: +$0.14
In the fiscal year ended December 2025, Restaurants Brands International reported revenue of $9.43B (+12.23% year over year). Net income was $776M, a net margin of 8.2%.
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
- −24.00%
- 2025 vs 2024
- Net margin
- 8.2%
- 2024: 12.1%
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 assets | 25,022 | 24,880 | 25,615 | 25,669 | 25,688 | 24,881 | 24,632 | 25,071 | 24,849 | 23,145 | 23,391 | 23,077 |
| Current assets | 2,343 | 2,154 | 2,830 | 3,015 | 2,788 | 2,530 | 2,282 | 2,255 | 2,030 | 2,071 | 2,173 | 2,383 |
| Cash and equivalents | 1,063 | 1,012 | 1,163 | 1,206 | 1,026 | 899 | 1,334 | 1,176 | 942 | 1,049 | 1,139 | 1,310 |
| Short-term investments | 36.0 | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 764 | 767 | 794 | 761 | 778 | 677 | 698 | 693 | 737 | 749 | 749 | 692 |
| Inventory | 224 | 203 | 205 | 216 | 167 | 159 | 142 | 169 | 160 | 152 | 166 | 160 |
| Net property, plant and equipment | 4,194 | 4,233 | 4,264 | 4,167 | 4,152 | 4,079 | 4,088 | 4,099 | 4,087 | 3,070 | 3,074 | 2,964 |
| Goodwill | 6,183 | 6,251 | 6,306 | 6,221 | 6,301 | 6,099 | 5,986 | 6,187 | 6,140 | 5,702 | 5,775 | 5,681 |
| Other intangible assets | 10,945 | 11,079 | 11,190 | 11,130 | 11,279 | 10,932 | 10,922 | 11,347 | 11,266 | 10,970 | 11,107 | 10,946 |
| Long-term investments | 346 | 270 | 169 | 184 | 214 | 246 | 307 | 232 | 382 | 408 | 353 | 474 |
| Current liabilities | 2,314 | 2,178 | 2,891 | 2,847 | 2,754 | 2,627 | 2,364 | 2,208 | 2,617 | 1,924 | 2,144 | 2,071 |
| Accounts payable | 884 | 813 | 866 | 826 | 763 | 697 | 765 | 754 | 720 | 734 | 790 | 693 |
| Long-term debt | 13,206 | 13,228 | 13,250 | 13,415 | 13,428 | 13,441 | 13,455 | 13,571 | 13,092 | 12,832 | 12,854 | 12,862 |
| Total debt | 15,672 | 15,706 | 15,704 | 15,868 | 15,996 | — | — | — | — | — | — | — |
| Total liabilities | 19,627 | 19,589 | 20,456 | 20,504 | 20,598 | 20,057 | 19,789 | 20,032 | 19,898 | 18,310 | 18,661 | 18,413 |
| Total equity (incl. minority) | 5,395 | 5,291 | 5,159 | 5,165 | 5,090 | 4,824 | 4,843 | 5,039 | 4,951 | 4,835 | 4,730 | 4,664 |
| Retained earnings | 2,179 | 1,903 | 1,795 | 1,902 | 1,794 | 1,811 | 1,860 | 1,794 | 1,734 | 1,640 | 1,599 | 1,268 |
| Minority interest | 1,545 | 1,548 | 1,525 | 1,784 | 1,773 | 1,708 | 1,733 | 1,803 | 1,883 | 1,866 | 1,864 | 1,756 |
