Arcos Dorados Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,678	4,470	4,332	3,619	2,660
Revenue Growth (YoY)	4.66%	3.19%	19.70%	36.05%	34.05%
Cost of Revenue	3,742	3,535	3,402	2,864	2,154
Gross Profit	936.65	935.47	929.78	755.16	506.09
Selling, General & Admin	312.75	279.86	285	239.26	210.91
Other Operating Expenses	259.51	331.1	330.74	251.47	155.66
Total Operating Expenses	572.26	610.95	615.74	490.73	366.57
Operating Income	364.39	324.52	314.04	264.42	139.52
Interest Expense	-13.66	-47.24	-32.28	-43.75	-49.55
Other Non-Operating Income (Expense)	-9.42	-18	-3.65	5.72	-12.19
Total Non-Operating Income (Expense)	-23.08	-65.23	-35.92	-38.03	-61.73
Pretax Income	341.31	259.28	278.12	226.4	77.79
Provision for Income Taxes	128.73	109.9	95.7	85.48	31.93
Net Income	212.12	148.76	181.27	140.34	45.49
Minority Interest in Earnings	0.47	0.62	1.14	0.58	0.37
Net Income to Common	212.12	148.76	181.27	140.34	45.49
Net Income Growth	42.59%	-17.94%	29.17%	208.54%	-
Shares Outstanding (Basic)	211	211	211	211	210
Shares Outstanding (Diluted)	211	211	211	211	211
Shares Change (YoY)	0.00%	0.01%	0.00%	0.04%	0.90%
EPS (Basic)	1.01	0.71	0.86	0.67	0.22
EPS (Diluted)	1.01	0.71	0.86	0.67	0.22
EPS Growth	42.25%	-17.44%	28.36%	204.55%	-
Free Cash Flow	14.99	-60.79	21.87	128.32	143.05
Free Cash Flow Growth	-	-	-82.96%	-10.29%	-
Free Cash Flow Per Share	0.07	-0.29	0.10	0.61	0.68
Dividends Per Share	0.240	0.240	0.190	0.150	-
Dividend Growth	-	26.32%	26.67%	-	-
Gross Margin	20.02%	20.93%	21.46%	20.87%	19.03%
Operating Margin	7.79%	7.26%	7.25%	7.31%	5.25%
Profit Margin	4.54%	3.34%	4.21%	3.89%	1.72%
FCF Margin	0.32%	-1.36%	0.50%	3.55%	5.38%
EBITDA	561.65	501.87	463.31	384.2	259.91
EBITDA Margin	12.01%	11.23%	10.70%	10.62%	9.77%
EBIT	364.39	324.52	314.04	264.42	139.52
EBIT Margin	7.79%	7.26%	7.25%	7.31%	5.25%
Effective Tax Rate	37.72%	42.39%	34.41%	37.76%	41.05%

Updated Mar 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q