McDonald's Corporation (MCD)
NYSE: MCD · Real-Time Price · USD
275.75
-7.95 (-2.80%)
At close: May 8, 2026, 4:00 PM EDT
276.20
+0.45 (0.16%)
After-hours: May 8, 2026, 7:59 PM EDT
McDonald's Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 6,517 | 7,009 | 7,078 | 6,843 | 5,956 | 6,388 | 6,873 | 6,490 | 6,169 | 6,406 | 6,692 | 6,498 | 5,898 | 5,927 | 5,872 | 5,718 | 5,666 | 6,009 | 6,201 | 5,888 | |
Revenue Growth (YoY) | 9.42% | 9.72% | 2.98% | 5.44% | -3.45% | -0.28% | 2.71% | -0.12% | 4.59% | 8.08% | 13.96% | 13.63% | 4.10% | -1.37% | -5.31% | -2.88% | 10.56% | 13.08% | 14.46% | 56.53% |
Cost of Revenue | 2,874 | 818 | 2,973 | 2,881 | 2,619 | 732 | 2,998 | 2,772 | 2,730 | 677 | 2,828 | 2,766 | 2,584 | 645.8 | 2,426 | 2,416 | 2,616 | 647.8 | 2,770 | 2,668 |
Gross Profit | 3,643 | 6,191 | 4,105 | 3,962 | 3,337 | 5,656 | 3,875 | 3,718 | 3,439 | 5,729 | 3,864 | 3,732 | 3,314 | 5,281 | 3,446 | 3,302 | 3,050 | 5,361 | 3,431 | 3,220 |
Selling, General & Admin | 648 | 749 | 664 | 595 | 575 | 664 | 536 | 590 | 622 | 731 | 584 | 567 | 553 | 720.1 | 576.4 | 611.2 | 584.3 | 755.4 | 559.6 | 572.4 |
Depreciation & Amortization Expenses | 111 | 124 | 121 | 106 | 107 | 136 | 111 | 101 | 99 | 91 | 97 | 95 | 99 | 91 | 93.3 | 93 | 92.7 | 86.5 | 84.1 | 83.1 |
Other Operating Expenses | -69 | 3 | -37 | 29 | 7 | 10 | 39 | 107 | -17 | 31 | -25 | -36 | 129 | 14.9 | 12.5 | 886.1 | 60.5 | 22 | -198.8 | -127.1 |
Total Operating Expenses | 690 | 876 | 748 | 730 | 689 | 810 | 686 | 798 | 704 | 853 | 656 | 626 | 781 | 826 | 682.2 | 1,590 | 737.5 | 863.9 | 444.9 | 528.4 |
Operating Income | 2,953 | 3,156 | 3,357 | 3,232 | 2,648 | 2,868 | 3,188 | 2,920 | 2,736 | 2,802 | 3,208 | 3,104 | 2,532 | 2,583 | 2,764 | 1,712 | 2,313 | 2,397 | 2,987 | 2,691 |
Interest Expense | -400 | -410 | -406 | -390 | -376 | -380 | -381 | -373 | -372 | -360 | -341 | -330 | -330 | -322.9 | -306.2 | -290.6 | -287.3 | -295.6 | -293.7 | -296.5 |
Other Non-Operating Income (Expense) | -11 | 12 | -1 | 18 | 57 | 49 | 36 | 9 | 45 | 73 | 56 | 43 | 64 | 78.7 | 78.5 | -12.1 | -484.1 | 6.3 | -1.4 | -18.6 |
Total Non-Operating Income (Expense) | -411 | -398 | -407 | -372 | -319 | -331 | -345 | -364 | -327 | -287 | -285 | -287 | -266 | -244.2 | -227.7 | -302.7 | -771.4 | -289.3 | -295.1 | -315.1 |
Pretax Income | 2,542 | 2,757 | 2,949 | 2,861 | 2,330 | 2,538 | 2,843 | 2,555 | 2,409 | 2,515 | 2,924 | 2,817 | 2,267 | 2,339 | 2,536 | 1,409 | 1,541 | 2,108 | 2,691 | 2,376 |
Provision for Income Taxes | 559 | 594 | 671 | 608 | 461 | 521 | 588 | 533 | 479 | 476 | 606 | 506 | 465 | 435.5 | 554.6 | 221.1 | 436.8 | 469 | 541.5 | 156.7 |
Net Income | 1,983 | 2,164 | 2,278 | 2,253 | 1,868 | 2,016 | 2,255 | 2,022 | 1,929 | 2,039 | 2,317 | 2,310 | 1,802 | 1,903 | 1,982 | 1,188 | 1,104 | 1,639 | 2,150 | 2,219 |
Net Income to Common | 1,983 | 2,164 | 2,278 | 2,253 | 1,868 | 2,016 | 2,255 | 2,022 | 1,929 | 2,039 | 2,317 | 2,310 | 1,802 | 1,903 | 1,982 | 1,188 | 1,104 | 1,639 | 2,150 | 2,219 |
Net Income Growth | 6.16% | 7.34% | 1.02% | 11.42% | -3.16% | -1.13% | -2.68% | -12.47% | 7.05% | 7.15% | 16.93% | 94.44% | 63.17% | 16.12% | -7.83% | -46.47% | -28.16% | 19.00% | 21.97% | 358.72% |
Shares Outstanding (Basic) | 711 | 714 | 713 | 715 | 715 | 720 | 717 | 719 | 722 | 728 | 727 | 730 | 731 | 736 | 735 | 738 | 743 | 752 | 747 | 747 |
Shares Outstanding (Diluted) | 714 | 714 | 716 | 718 | 718 | 720 | 720 | 722 | 726 | 728 | 732 | 734 | 736 | 736 | 740 | 742 | 748 | 752 | 753 | 752 |
Shares Change (YoY) | -0.65% | -0.76% | -0.57% | -0.61% | -1.06% | -1.11% | -1.59% | -1.68% | -1.31% | -1.11% | -1.07% | -1.04% | -1.62% | -2.08% | -1.74% | -1.34% | -0.45% | 0.08% | 0.35% | 0.47% |
EPS (Basic) | 2.79 | 3.03 | 3.20 | 3.15 | 2.61 | 2.80 | 3.15 | 2.81 | 2.67 | 2.80 | 3.19 | 3.17 | 2.47 | 2.59 | 2.70 | 1.61 | 1.49 | 2.18 | 2.88 | 2.97 |
EPS (Diluted) | 2.78 | 3.03 | 3.18 | 3.14 | 2.60 | 2.80 | 3.13 | 2.80 | 2.66 | 2.80 | 3.17 | 3.15 | 2.45 | 2.59 | 2.68 | 1.60 | 1.48 | 2.18 | 2.86 | 2.95 |
EPS Growth | 6.92% | 8.21% | 1.60% | 12.14% | -2.26% | - | -1.26% | -11.11% | 8.57% | 8.11% | 18.28% | 96.88% | 65.54% | 18.81% | -6.29% | -45.76% | -27.81% | 18.48% | 21.70% | 353.85% |
Shares Outstanding | 710.51 | 710.6 | 712.15 | 713.6 | 715.83 | 715.2 | 716.62 | 717.34 | 720.68 | 722.7 | 725.34 | 728.76 | 730.09 | 731.3 | 732.42 | 735.72 | 739.54 | 744.8 | 747.25 | 746.8 |
Free Cash Flow | 1,730 | 1,638 | 2,417 | 1,254 | 1,877 | 1,824 | 1,942 | 1,061 | 1,843 | 1,732 | 2,459 | 1,147 | 1,917 | 1,673 | 1,903 | 180.2 | 1,732 | 1,979 | 2,116 | 1,251 |
Free Cash Flow Growth | -7.83% | -10.20% | 24.46% | 18.19% | 1.85% | 5.31% | -21.02% | -7.50% | -3.86% | 3.53% | 29.24% | 536.51% | 10.67% | -15.47% | -10.09% | -85.59% | -1.32% | 29.39% | -16.98% | - |
Free Cash Flow Per Share | 2.42 | 2.29 | 3.38 | 1.75 | 2.61 | 2.53 | 2.70 | 1.47 | 2.54 | 2.38 | 3.36 | 1.56 | 2.61 | 2.27 | 2.57 | 0.24 | 2.32 | 2.63 | 2.81 | 1.66 |
Dividends Per Share | 1.860 | 1.860 | 1.770 | 1.770 | 1.770 | 1.770 | 1.670 | 1.670 | 1.670 | 1.670 | 1.520 | 1.520 | 1.520 | 1.520 | 1.380 | 1.380 | 1.380 | 1.380 | 1.290 | 1.290 |
Dividend Growth | 5.08% | 5.08% | 5.99% | 5.99% | 5.99% | 5.99% | 9.87% | 9.87% | 9.87% | 9.87% | 10.14% | 10.14% | 10.14% | 10.14% | 6.98% | 6.98% | 6.98% | 6.98% | 3.20% | 3.20% |
Gross Margin | 55.90% | 88.33% | 58.00% | 57.90% | 56.03% | 88.54% | 56.38% | 57.29% | 55.75% | 89.43% | 57.74% | 57.43% | 56.19% | 89.10% | 58.69% | 57.75% | 53.84% | 89.22% | 55.33% | 54.68% |
Operating Margin | 45.31% | 45.03% | 47.43% | 47.23% | 44.46% | 44.90% | 46.38% | 44.99% | 44.35% | 43.74% | 47.94% | 47.77% | 42.93% | 43.58% | 47.07% | 29.93% | 40.82% | 39.89% | 48.16% | 45.71% |
Profit Margin | 30.43% | 30.86% | 32.18% | 32.92% | 31.38% | 31.57% | 32.81% | 31.16% | 31.29% | 31.83% | 34.64% | 35.56% | 30.55% | 32.11% | 33.75% | 20.77% | 19.49% | 27.27% | 34.67% | 37.69% |
FCF Margin | 26.55% | 23.37% | 34.15% | 18.33% | 31.51% | 28.55% | 28.26% | 16.35% | 29.88% | 27.04% | 36.75% | 17.65% | 32.50% | 28.23% | 32.40% | 3.15% | 30.57% | 32.94% | 34.13% | 21.24% |
EBITDA | 3,519 | 3,732 | 3,916 | 3,776 | 3,168 | 3,421 | 3,720 | 3,422 | 3,246 | 3,299 | 3,706 | 3,596 | 3,022 | 3,046 | 3,230 | 2,174 | 2,792 | 2,879 | 3,456 | 3,155 |
EBITDA Margin | 54.00% | 53.25% | 55.33% | 55.18% | 53.19% | 53.55% | 54.12% | 52.73% | 52.62% | 51.50% | 55.38% | 55.34% | 51.24% | 51.40% | 55.00% | 38.02% | 49.29% | 47.91% | 55.73% | 53.58% |
EBIT | 2,953 | 3,156 | 3,357 | 3,232 | 2,648 | 2,868 | 3,188 | 2,920 | 2,736 | 2,802 | 3,208 | 3,104 | 2,532 | 2,583 | 2,764 | 1,712 | 2,313 | 2,397 | 2,987 | 2,691 |
EBIT Margin | 45.31% | 45.03% | 47.43% | 47.23% | 44.46% | 44.90% | 46.38% | 44.99% | 44.35% | 43.74% | 47.94% | 47.77% | 42.93% | 43.58% | 47.07% | 29.93% | 40.82% | 39.89% | 48.16% | 45.71% |
Effective Tax Rate | 21.99% | 21.55% | 22.75% | 21.25% | 19.79% | 20.53% | 20.68% | 20.86% | 19.88% | 18.93% | 20.72% | 17.96% | 20.51% | 18.62% | 21.87% | 15.69% | 28.34% | 22.25% | 20.12% | 6.60% |
Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.