McDONALD’S CORPORATION (MCD) FY2026 Q1 P&L / Income Statement
2026-01-01 to 2026-03-31
Revenue by Business Segment
2026-01-01 to 2026-03-31
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McDONALD’S CORPORATION (MCD) FY2026 Q1 P&L / Income Statement
Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 6,517,000,000 US dollars
- Franchised restaurants-occupancy expenses
- 676,000,000 US dollars
- Gross profit (calculated)
- 5,841,000,000 US dollars
- Operating expenses (calculated)
- 2,888,000,000 US dollars
- Operating income
- 2,953,000,000 US dollars
- Other income (expense), net (calculated)
- negative 411,000,000 US dollars
- Income before provision for income taxes
- 2,542,000,000 US dollars
- Provision for income taxes
- 559,000,000 US dollars
- Net income
- 1,983,000,000 US dollars
- U.S. Market
- 2,583,000,000 US dollars
- International Operated Markets
- 3,325,000,000 US dollars
- International Developmental Licensed Markets and Corporate
- 610,000,000 US dollars
- Company-operated restaurant expenses
- 2,032,000,000 US dollars
- Other Restaurant Expenses
- 166,000,000 US dollars
- Depreciation and Amortization
- 111,000,000 US dollars
- Other Selling, General and Administrative Expense
- 648,000,000 US dollars
- Other operating (income) expense, net
- negative 69,000,000 US dollars
- Revenue before reconciliation (calculated)
- 6,518,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Components above reported revenue (calculated)
- negative 1,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
89.6%
Gross profit / revenue
Operating margin
45.3%
Operating profit / revenue
Cash conversion
121.6%
Operating cash / net income, same period
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