Restaurant Brands International Inc. (QSR)

Restaurant Brands International Income Statement

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

Fiscal Quarter	Q3 2026	Q2 2026	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
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Revenue	2,525	2,520	2,264	2,466	2,449	2,410	2,109	2,296	2,291	2,080	1,739	1,820	1,837	1,775	1,590	1,689	1,726	1,639	1,451	1,546
Revenue Growth (YoY)	3.10%	4.56%	7.35%	7.40%	6.90%	15.87%	21.28%	26.15%	24.71%	17.18%	9.37%	7.76%	6.43%	8.30%	9.58%	9.25%	15.45%	13.98%	15.16%	13.84%
Cost of Revenue	1,632	1,651	1,501	1,635	1,606	1,595	1,405	1,552	1,493	1,294	1,043	1,147	1,075	1,054	944	1,040	1,028	968	871	924
Gross Profit	893	869	763	831	843	815	704	744	798	786	696	673	762	721	646	649	698	671	580	622
Selling, General & Admin	176	176	172	177	162	167	184	185	169	170	167	176	164	156	151	155	141	136	129	131
Other Operating Expenses	12	-6	5	2	2	3	3	1	1	4	3	5	-3	6	10	5	2	5	2	-
Operating Expenses	188	170	177	179	164	170	187	186	170	174	170	181	161	162	161	160	143	141	131	131
Operating Income	705	699	586	652	679	645	517	558	628	612	526	492	601	559	485	489	555	530	449	491
Interest Expense	-131	-129	-129	-133	-138	-138	-138	-145	-156	-156	-159	-163	-156	-154	-149	-148	-135	-130	-127	-128
Interest & Investment Income	6	5	6	8	9	6	8	10	9	9	11	11	13	9	7	4	2	1	-	1
Earnings From Equity Investments	6	2	2	-1	2	5	5	-	-3	69	3	27	-1	-11	-7	-14	-8	-9	-13	8
Currency Exchange Gain (Loss)	11	20	30	-1	-1	-132	-75	86	-44	6	23	-31	18	1	-8	-78	30	31	21	18
EBT Excluding Unusual Items	597	597	495	525	551	386	317	509	434	540	404	336	475	404	328	253	444	423	330	390
Merger & Restructuring Charges	-2	-3	-6	-8	-7	-16	-6	-5	-4	-9	-4	-	-	-	-19	-16	-3	-4	-1	-18
Gain (Loss) on Sale of Assets	-20	1	-	-13	-7	-13	-2	3	4	-8	-2	3	-30	9	2	-2	-1	1	-2	-1
Legal Settlements	1	-1	-4	-1	-2	-1	-3	2	-1	-1	-	-2	-1	3	-1	-8	-	-2	-1	-74
Other Unusual Items	-5	-2	-2	-9	-1	-5	-1	-9	-4	-38	-2	-21	-21	-7	-5	-25	-12	-6	-3	-8
Pretax Income	571	592	483	494	534	351	305	500	429	484	396	316	423	409	305	202	428	412	323	289
Income Tax Expense	-133	-73	38	220	94	87	82	139	72	85	68	-410	59	58	28	-134	-102	66	53	27
Earnings From Continuing Operations	704	665	445	274	440	264	223	361	357	399	328	726	364	351	277	336	530	346	270	262
Earnings From Discontinued Operations	-	-	-	-119	-4	-1	-2	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income to Company	704	665	445	155	436	263	221	361	357	399	328	726	364	351	277	336	530	346	270	262
Minority Interest in Earnings	-162	-158	-107	-42	-121	-74	-62	-102	-105	-119	-98	-218	-112	-110	-88	-107	-170	-110	-87	-83
Net Income	542	507	338	113	315	189	159	259	252	280	230	508	252	241	189	229	360	236	183	179
Net Income to Common	542	507	338	113	315	189	159	259	252	280	230	508	252	241	189	229	360	236	183	179
Net Income Growth (YoY)	72.06%	168.25%	112.58%	-56.37%	25.00%	-32.50%	-30.87%	-49.02%	0%	16.18%	21.69%	121.83%	-30.00%	2.12%	3.28%	27.93%	62.90%	-8.88%	2.23%	96.70%
Shares Outstanding (Basic)	349	348	347	334	328	328	326	324	319	317	314	313	314	312	309	306	306	308	309	313
Shares Outstanding (Diluted)	457	460	459	457	457	457	456	455	454	453	453	453	459	458	456	455	454	455	458	462
Shares Change (YoY)	-	0.66%	0.66%	0.44%	0.66%	0.88%	0.66%	0.44%	-1.09%	-1.09%	-0.66%	-0.44%	1.10%	0.66%	-0.44%	-1.52%	-2.37%	-2.36%	-1.50%	-0.43%
EPS (Basic)	1.55	1.46	0.97	0.34	0.96	0.58	0.49	0.80	0.79	0.88	0.73	1.62	0.80	0.77	0.61	0.75	1.18	0.77	0.59	0.57
EPS (Diluted)	1.54	1.45	0.97	0.34	0.95	0.58	0.48	0.79	0.78	0.88	0.72	1.60	0.79	0.76	0.61	0.74	1.17	0.76	0.59	0.56
EPS Growth (YoY)	61.47%	151.20%	100.04%	-57.41%	21.67%	-34.66%	-32.86%	-50.63%	-0.85%	15.26%	19.26%	117.03%	-32.13%	0.78%	3.05%	30.72%	65.19%	-9.40%	1.15%	89.95%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	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
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Free Cash Flow	479	479	133	443	531	381	-53	404	485	291	122	356	408	362	77	375	374	417	224	435
Free Cash Flow Per Share	1.05	1.04	0.29	0.97	1.16	0.83	-0.12	0.89	1.07	0.64	0.27	0.79	0.89	0.79	0.17	0.82	0.82	0.92	0.49	0.94
Dividend Per Share	0.650	0.650	0.650	0.620	0.620	0.620	0.620	0.580	0.580	0.580	0.580	0.550	0.550	0.550	0.550	0.540	0.540	0.540	0.540	0.530
Dividend Growth (YoY)	4.84%	4.84%	4.84%	6.90%	6.90%	6.90%	6.90%	5.46%	5.46%	5.46%	5.46%	1.85%	1.85%	1.85%	1.85%	1.89%	1.89%	1.89%	1.89%	1.92%
Gross Margin	35.37%	34.48%	33.70%	33.70%	34.42%	33.82%	33.38%	32.40%	34.83%	37.79%	40.02%	36.98%	41.48%	40.62%	40.63%	38.42%	40.44%	40.94%	39.97%	40.23%
Operating Margin	27.92%	27.74%	25.88%	26.44%	27.73%	26.76%	24.51%	24.30%	27.41%	29.42%	30.25%	27.03%	32.72%	31.49%	30.50%	28.95%	32.16%	32.34%	30.94%	31.76%
Profit Margin	21.46%	20.12%	14.93%	4.58%	12.86%	7.84%	7.54%	11.28%	11.00%	13.46%	13.23%	27.91%	13.72%	13.58%	11.89%	13.56%	20.86%	14.40%	12.61%	11.58%
Free Cash Flow Margin	18.97%	19.01%	5.88%	17.96%	21.68%	15.81%	-2.51%	17.60%	21.17%	13.99%	7.02%	19.56%	22.21%	20.39%	4.84%	22.20%	21.67%	25.44%	15.44%	28.14%
EBITDA	779	776	664	728	756	722	588	635	707	671	575	541	648	608	531	536	601	578	498	542
EBITDA Margin	30.85%	30.79%	29.33%	29.52%	30.87%	29.96%	27.88%	27.66%	30.86%	32.26%	33.06%	29.73%	35.27%	34.25%	33.40%	31.74%	34.82%	35.27%	34.32%	35.06%
D&A For EBITDA	74	77	78	76	77	77	71	77	79	59	49	49	47	49	46	47	46	48	49	51
EBIT	705	699	586	652	679	645	517	558	628	612	526	492	601	559	485	489	555	530	449	491
EBIT Margin	27.92%	27.74%	25.88%	26.44%	27.73%	26.76%	24.51%	24.30%	27.41%	29.42%	30.25%	27.03%	32.72%	31.49%	30.50%	28.95%	32.16%	32.34%	30.94%	31.76%
Effective Tax Rate	-	-	7.87%	44.53%	17.60%	24.79%	26.88%	27.80%	16.78%	17.56%	17.17%	-	13.95%	14.18%	9.18%	-	-	16.02%	16.41%	9.34%
Revenue as Reported	2,525	2,520	2,264	2,466	2,449	2,410	2,109	2,296	2,291	2,080	1,739	1,820	1,837	1,775	1,590	1,689	1,726	1,639	1,451	1,546

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

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