Restaurant Brands International Inc. (QSR)

NYSE: QSR · Real-Time Price · USD

75.38

-0.87 (-1.14%)

At close: May 22, 2026, 4:00 PM EDT

75.50

+0.12 (0.16%)

After-hours: May 22, 2026, 7:01 PM EDT

Restaurant Brands International Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	9,589	9,434	8,406	7,022	6,505	5,739
Revenue Growth (YoY)	9.26%	12.23%	19.71%	7.95%	13.35%	15.52%
Cost of Revenue	6,337	6,241	5,382	4,220	3,907	3,365
Gross Profit	3,252	3,193	3,024	2,802	2,598	2,374
Selling, General & Admin	678	690	691	647	561	450
Other Operating Expenses	12	10	9	18	14	-
Operating Expenses	690	700	700	665	575	450
Operating Income	2,562	2,493	2,324	2,137	2,023	1,924
Interest Expense	-538	-547	-616	-622	-540	-508
Interest & Investment Income	29	31	39	40	7	3
Earnings From Equity Investments	8	11	69	8	-44	-4
Currency Exchange Gain (Loss)	-104	-209	71	-20	4	76
EBT Excluding Unusual Items	1,957	1,779	1,887	1,543	1,450	1,491
Merger & Restructuring Charges	-37	-37	-22	-19	-24	-18
Gain (Loss) on Sale of Assets	-33	-35	-3	-16	-4	-2
Legal Settlements	-8	-7	-	-1	-11	-81
Other Unusual Items	-17	-16	-53	-54	-46	-27
Pretax Income	1,862	1,684	1,809	1,453	1,365	1,363
Income Tax Expense	439	483	364	-265	-117	110
Earnings From Continuing Operations	1,423	1,201	1,445	1,718	1,482	1,253
Earnings From Discontinued Operations	-124	-126	-	-	-	-
Net Income to Company	1,299	1,075	1,445	1,718	1,482	1,253
Minority Interest in Earnings	-344	-299	-424	-528	-474	-415
Net Income	955	776	1,021	1,190	1,008	838
Net Income to Common	955	776	1,021	1,190	1,008	838
Net Income Growth	0.53%	-24.00%	-14.20%	18.06%	20.29%	72.43%
Shares Outstanding (Basic)	334	329	319	312	307	310
Shares Outstanding (Diluted)	458	457	454	456	455	464
Shares Change (YoY)	0.66%	0.66%	-0.44%	0.22%	-1.94%	-0.85%
EPS (Basic)	2.86	2.36	3.20	3.81	3.28	2.70
EPS (Diluted)	2.84	2.35	3.18	3.76	3.25	2.69
EPS Growth	-3.48%	-26.01%	-15.55%	15.70%	20.76%	68.42%
Free Cash Flow	1,488	1,302	1,302	1,203	1,390	1,620
Free Cash Flow Per Share	3.25	2.85	2.87	2.64	3.06	3.49
Dividend Per Share	2.510	2.480	2.320	2.200	2.160	2.120
Dividend Growth	6.36%	6.90%	5.46%	1.85%	1.89%	1.92%
Gross Margin	33.91%	33.85%	35.97%	39.90%	39.94%	41.37%
Operating Margin	26.72%	26.43%	27.65%	30.43%	31.10%	33.52%
Profit Margin	9.96%	8.23%	12.15%	16.95%	15.50%	14.60%
Free Cash Flow Margin	15.52%	13.80%	15.49%	17.13%	21.37%	28.23%
EBITDA	2,870	2,794	2,588	2,328	2,213	2,125
EBITDA Margin	29.93%	29.62%	30.79%	33.15%	34.02%	37.03%
D&A For EBITDA	308	301	264	191	190	201
EBIT	2,562	2,493	2,324	2,137	2,023	1,924
EBIT Margin	26.72%	26.43%	27.65%	30.43%	31.10%	33.52%
Effective Tax Rate	23.58%	28.68%	20.12%	-	-	8.07%
Revenue as Reported	9,589	9,434	8,406	7,022	6,505	5,739
Advertising Expenses	-	1,292	1,268	1,201	1,032	962

Updated May 6, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q