McDonald's Corporation (MCD) Financials
Key financial figures for McDonald's Corporation (Q3 2026).
McDonald's Q3 2026 global comparable sales rose 1.5% with U.S. comps down 0.2%, while diluted EPS rose 10% to $3.51 ($3.57 excluding $0.06 of charges). Global comparable sales increased 1.5% (Q3 2025: 3.6%): U.S. fell 0.2% as negative guest counts were largely offset by positive check growth, International Operated Markets rose 1.4%, and International Developmental Licensed Markets rose 4.2%. Revenues were $7,157M, up 1% (1% in constant currencies), as franchised revenues rose 3% to $4,487M while Company-owned and operated sales fell 3% to $2,480M. Global Systemwide sales rose 4% to over $38 billion. On the outlook: Outlook in Exhibit 99.2: 2026 operating margin in the mid-to-high 40% range (unchanged); capital expenditures about $3.7 billion (previously $3.7 to $3.9 billion); about 2,500 restaurant openings (previously about 2,600) and about 2,100 net additions (unchanged), targeting 50,000 global units by the end of 2028; SG&A about 2.2% of Systemwide sales; interest expense up 4% to 6%; effective tax rate 21% to 23%; free cash flow conversion rate in the low-to-mid 80% range. Figures are for Q3 2026, as McDonald's Corporation reported them.
- Revenue
- $7.2B
- Net Income
- $2.5B
- EPS
- $3.51
- Total Assets
- $60.7B
- Operating Cash Flow
- $3.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $7.2B | $2.5B | $3.51 | 48.29% | $2.1B |
| Q2 FY2026 | $7.1B | $2.4B | $3.32 | 47.02% | $2.0B |
| Q1 FY2026 | $6.5B | $2.0B | $2.78 | 45.31% | $1.7B |
| Q4 FY2025 | $7.0B | $2.2B | $3.03 | 45.03% | $1.6B |
| Q3 FY2025 | $7.1B | $2.3B | $3.18 | 47.43% | $2.4B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $26.9B | $8.6B | $11.95 | 46.1% | $7.2B |
| FY2024 | $25.9B | $8.2B | $11.39 | 45.19% | $6.7B |
| FY2023 | $25.5B | $8.5B | $11.56 | 45.68% | $7.3B |
Frequently asked questions
What was McDonald's Corporation's revenue last quarter?
McDonald's Corporation reported revenue of $7.16 billion for Q3 FY2026, up 1.1% from the same period a year earlier.
Is McDonald's Corporation profitable?
Yes. McDonald's Corporation reported net income of $2.49 billion for Q3 FY2026, a net margin of 34.74% on revenue.
How has McDonald's Corporation's margin trended?
Operating margin was 48.29% in Q3 FY2026, compared with 47.43% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did McDonald's Corporation generate?
McDonald's Corporation generated free cash flow of $2.15 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for McDonald's Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.