Restaurants Brands International revenue and financials

QSR · TSX · CAD

Secondary listing. The primary listing is Restaurant Brands International · NYSE (USD)

$99.92Change from previous close: +0.14%Absolute change: +$0.14

Close · October 6, 2026

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%.

Annual revenue · 2025: $9.43B
  1. $5.74B2021
  2. $6.51B2022
  3. $7.02B2023
  4. $8.41B2024
  5. $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
−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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets25,02224,88025,61525,66925,68824,88124,63225,07124,84923,14523,39123,077
Current assets2,3432,1542,8303,0152,7882,5302,2822,2552,0302,0712,1732,383
Cash and equivalents1,0631,0121,1631,2061,0268991,3341,1769421,0491,1391,310
Short-term investments36.0———————————
Receivables764767794761778677698693737749749692
Inventory224203205216167159142169160152166160
Net property, plant and equipment4,1944,2334,2644,1674,1524,0794,0884,0994,0873,0703,0742,964
Goodwill6,1836,2516,3066,2216,3016,0995,9866,1876,1405,7025,7755,681
Other intangible assets10,94511,07911,19011,13011,27910,93210,92211,34711,26610,97011,10710,946
Long-term investments346270169184214246307232382408353474
Current liabilities2,3142,1782,8912,8472,7542,6272,3642,2082,6171,9242,1442,071
Accounts payable884813866826763697765754720734790693
Long-term debt13,20613,22813,25013,41513,42813,44113,45513,57113,09212,83212,85412,862
Total debt15,67215,70615,70415,86815,996———————
Total liabilities19,62719,58920,45620,50420,59820,05719,78920,03219,89818,31018,66118,413
Total equity (incl. minority)5,3955,2915,1595,1655,0904,8244,8435,0394,9514,8354,7304,664
Retained earnings2,1791,9031,7951,9021,7941,8111,8601,7941,7341,6401,5991,268
Minority interest1,5451,5481,5251,7841,7731,7081,7331,8031,8831,8661,8641,756