Restaurant Brands International financials
$71.48+0.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.26B | $2.47B | $2.45B | $2.41B | $2.11B | $2.30B | $2.29B | $2.08B | $1.74B | $1.82B | $1.84B |
| Gross profit | $1.38B | $1.22B | $1.30B | $1.33B | $1.32B | $1.15B | $1.25B | $1.26B | $1.25B | $1.13B | $665.0M | $1.21B |
| Gross margin | 54.6% | 54.0% | 52.8% | 54.4% | 54.9% | 54.3% | 54.5% | 55.0% | 60.3% | 65.2% | 36.5% | 65.7% |
| Operating income | $714.0M | $604.0M | $639.0M | $673.0M | $478.0M | $430.0M | $545.0M | $622.0M | $663.0M | $523.0M | $441.0M | $583.0M |
| Net income | $507.0M | $338.0M | $113.0M | $315.0M | $189.0M | $159.0M | $259.0M | $252.0M | $280.0M | $230.0M | $508.0M | $252.0M |
| Net margin | 20.1% | 14.9% | 4.6% | 12.9% | 7.8% | 7.5% | 11.3% | 11.0% | 13.5% | 13.2% | 27.9% | 13.7% |
| Diluted EPS | $1.45 | $0.97 | $0.25 | $0.96 | $0.57 | $0.49 | $0.57 | $0.79 | $0.88 | $0.72 | $1.13 | $0.79 |
| EBITDA | $791.0M | $682.0M | $715.0M | $750.0M | $555.0M | $501.0M | $622.0M | $701.0M | $722.0M | $572.0M | $441.0M | $630.0M |
| Operating cash flow | $503.0M | $227.0M | $555.0M | $592.0M | $364.0M | $118.0M | $481.0M | $540.0M | $334.0M | $148.0M | $403.0M | $433.0M |
| Free cash flow | $452.0M | $169.0M | $453.0M | $531.0M | $326.0M | $54.0M | $404.0M | $485.0M | $291.0M | $122.0M | $356.0M | $408.0M |
| Diluted shares | 460.0M | 459.0M | 458.0M | 457.0M | 457.0M | 456.0M | 456.0M | 454.0M | 453.0M | 453.0M | 451.0M | 459.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.06B | $1.01B | $1.16B | $1.21B | $1.03B | $899.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $13.53B | $13.56B | $13.58B | $13.80B | $13.93B | $13.94B |
| Total assets | $25.02B | $24.88B | $25.61B | $25.67B | $25.69B | $24.88B |
| Total liabilities | $19.63B | $19.59B | $20.46B | $20.50B | $20.60B | $20.06B |
| Shareholders' equity | $5.39B | $5.29B | $5.16B | $5.17B | $5.09B | $4.82B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology