The financials
McDonald's by the numbers
McDonald's (MCD) reported revenue of $6.52B in Q1 2026 (quarter ended March 31, 2026), up 9.4% from the same quarter a year earlier. That came with a gross margin of 90% and net income of $1.98B (30% of revenue). For the full year FY2025, revenue was $26.9B (+3.7% year on year) and net income $8.56B. Its largest segment in 2026-Q1 was International Operated Markets at $3.33B, 51% of the disclosed total, just ahead of US Market at 40%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $6.52B | $5.96B | +9.4% |
| Gross profit | $5.84B | $5.34B | +9.5% |
| Operating income | $2.95B | $2.65B | +12% |
| Net income | $1.98B | $1.87B | +6.2% |
| Diluted EPS | $2.78 | $2.60 | +6.9% |
| Operating | Revenue | Share |
|---|---|---|
| International Operated Markets | $3.33B | 51% |
| US Market | $2.58B | 40% |
| International Developmental Licensed Marketsand Corporate | $610M | 9.4% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $6.52B (-7.9%)
International Operated Markets grew +14% year on yearUS Market +3.6% year on year
Segment Latestquarter on quarteryear on year
- International Operated Markets$3.33B$3.33BQoQ -9.1%year on year +14%-9.1%+14%
- US Market$2.58B$2.58BQoQ -6.8%year on year +3.6%-6.8%+3.6%
- International Developmental Licensed Markets and Corporate$610.0M$610.0MQoQ -5.9%year on year +12%-5.9%+12%