Financial Statements · From SEC 10-K & 10-Q XBRL Filings
McDonald's Corporation Revenue & Financial Statements
McDonald's Corporation reported revenue of $26.9B for the fiscal year ended December 31, 2025, up 3.7% year over year, with net income of $8.6B and diluted EPS of $11.95.
- Company
- McDonald's Corporation MCD · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 23.2B | 23.2B | 25.5B | 25.9B | 26.9B |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | 10.4B | 9.4B | 11.6B | 11.7B | 12.4B |
| Pretax income | 2.4B | 1.8B | 3.7B | 3.3B | 7.6B |
| Net income | 7.5B | 6.2B | 8.5B | 8.2B | 8.6B |
| Diluted EPS | 10.04 | 8.33 | 11.56 | 11.39 | 11.95 |
| EBITDA | 11.9B | 10.8B | 13.1B | 13.2B | 12.8B |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.2B | 6.5B | 6.9B | 6.4B | 6.0B | 6.8B | 7.1B | 7.0B |
| Cost of revenue | 627.0M | 629.0M | 646.0M | — | 620.0M | 654.0M | 666.0M | — |
| Gross profit | 5.5B | 5.9B | 6.2B | — | 5.3B | 6.2B | 6.4B | — |
| Operating income | 2.7B | 2.9B | 3.2B | 2.9B | 2.6B | 3.2B | 3.4B | 3.2B |
| Pretax income | — | — | — | — | — | — | — | — |
| Net income | 1.9B | 2.0B | 2.3B | 2.0B | 1.9B | 2.3B | 2.3B | 2.2B |
| Diluted EPS | 2.66 | 2.80 | 3.13 | 2.80 | 2.60 | 3.14 | 3.18 | 3.03 |
| EBITDA | 2.8B | 3.0B | 3.3B | 3.0B | 2.8B | 3.3B | 3.5B | 3.3B |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2024 | FY2024 | FY2025 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Total assets | — | 55.2B | — | 59.5B | — |
| Current assets | — | 4.6B | — | 4.2B | — |
| Cash & equivalents | — | 1.1B | — | 774.0M | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | — | 3.9B | — | 4.4B | — |
| Long-term debt | — | 38.4B | — | 40.0B | — |
| Total debt | — | 38.4B | — | 40.0B | — |
| Stockholders’ equity | — | (3.8B) | — | (1.8B) | — |
| Net debt | — | 37.3B | — | 39.2B | — |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 9.1B | 7.4B | 9.6B | 9.4B | 10.6B |
| Investing cash flow | (2.2B) | (2.7B) | (3.2B) | (5.3B) | (3.8B) |
| Financing cash flow | (5.6B) | (6.6B) | (4.4B) | (7.5B) | (7.1B) |
| Capital expenditure | 2.0B | 1.9B | 2.4B | 2.8B | 3.4B |
| Free cash flow | 7.1B | 5.5B | 7.3B | 6.7B | 7.2B |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 139.2M | 166.7M | 175.2M | 172.0M | 165.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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