McDonald's Corporation

MCD ·Consumer Cyclical, Restaurants, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024
Revenue $7.10B $6.52B $7.01B $7.08B $6.84B $5.96B $6.39B $6.87B
Cost of Revenue $680.0M $676.0M — $666.0M $654.0M $620.0M — $646.0M
Gross Profit $6.42B $5.84B — $6.41B $6.19B $5.34B — $6.23B
Gross Margin 90.4% 89.6% — 90.6% 90.4% 89.6% — 90.6%
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense $817.0M $759.0M $872.0M $785.0M $700.0M $682.0M $800.0M $647.0M
Operating Income $3.34B $2.95B $3.16B $3.36B $3.23B $2.65B $2.87B $3.19B
Operating Margin 47.0% 45.3% 45.0% 47.4% 47.2% 44.5% 44.9% 46.4%
Interest Expense $409.0M $400.0M $410.0M $406.0M $390.0M $376.0M $380.0M $381.0M
Pretax Income — — — — — — — —
Income Tax Expense $574.0M $559.0M $594.0M $671.0M $608.0M $461.0M $521.0M $588.0M
Net Income $2.36B $1.98B $2.16B $2.28B $2.25B $1.87B $2.02B $2.26B
Net Margin 33.3% 30.4% 30.9% 32.2% 32.9% 31.4% 31.6% 32.8%
EPS (Basic) $3.33 $2.79 $3.04 $3.20 $3.15 $2.61 $2.82 $3.15
EPS (Diluted) $3.32 $2.78 $3.03 $3.18 $3.14 $2.60 $2.80 $3.13
Shares Outstanding (Basic) 709 711 713 713 715 715 718 717
Shares Outstanding (Diluted) 711 714 716 716 718 718 722 720
Dividends Per Share $1.86 $1.86 $1.86 $1.77 $1.77 $1.77 $0.00 $3.44
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