McDonald's Corporation (MCD) Financials
Key financial figures for McDonald's Corporation (Q2 2026).
McDonald's global comparable sales growth decelerated to 1.3% in Q2 2026, positive across all three segments but well below the year-ago 3.8% as the company lapped its Minecraft movie promotion. Global comparable sales rose 1.3% (vs. 3.8% in Q2 2025), positive in the U.S. (+0.8%), International Operated Markets (+1.5%) and International Developmental Licensed Markets (+1.9%), decelerating from Q1 2026's 3.8% as guided. Consolidated revenues were $7.10 billion, up 4% reported (2% constant currency); diluted EPS was $3.32, up 6%, or $3.38 non-GAAP excluding $52 million of pre-tax restructuring charges tied to Accelerating the Organization. On the outlook: FY2026 operating margin expected in the mid-to-high 40% range; FY2026 capital expenditures of $3.7 to $3.9 billion; approximately 2,600 restaurant openings and approximately 2,100 net restaurant additions in 2026, targeting 50,000 global units in 2028; free cash flow conversion rate for 2026 expected in the low-to-mid 80% range; net restaurant unit expansion expected to contribute approximately 2.5% to 2026 Systemwide sales growth in constant currencies. Figures are for Q2 2026, as McDonald's Corporation reported them.
- Revenue
- $7.1B
- Net Income
- $2.4B
- EPS
- $3.33
- Total Assets
- $59.9B
- Operating Cash Flow
- $2.8B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $7.1B | $2.4B | $3.32 | 46.51% | $2.0B |
| Q1 FY2026 | $6.5B | $2.0B | $2.78 | 44.25% | $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 |
| Q2 FY2025 | $6.8B | $2.3B | $3.14 | 47.23% | $1.3B |
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 $7.10 billion for Q2 FY2026, up 3.8% from the same period a year earlier.
Is McDonald's Corporation profitable?
Yes. McDonald's Corporation reported net income of $2.36 billion for Q2 FY2026, a net margin of 33.27% on revenue.
How has McDonald's Corporation's margin trended?
Operating margin was 46.51% in Q2 FY2026, compared with 47.23% 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 $1.98 billion in Q2 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.