NYSE: MCD
MCDONALDS CORPCIK 0000063908 · SIC 5812 · Eating Places
Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.
Sign up freeWant to see a complete report first? Today's free report (HPQ 10-Q) is open in full — no account needed.
McDonald's Q2 revenue +3.7% to $7.10B, net income +4.8%; comp sales slow to +1.3%
4 material changes detected. Sign up free to read the summary.
Summary not yet generated.
Partner
Trade MCD commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Summary not yet generated.
McDonald's reports routine 2026 annual meeting results, all directors elected
4 material changes detected. Sign up free to read the summary.
revenue $6.52B, net income $1.98B. McDonald's Q1 comp sales surge 6.2% as U.S., international markets reverse prior-year declines
5 material changes detected. Sign up free to read the summary.
McDonald's reports Q1 2026 earnings with supplemental financial data
2 material changes detected. Sign up free to read the summary.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Latest financial statements
From 10-Q filed Aug 7, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Condensed Consolidated Statement of Income (Unaudited)
In millions, except per share data
| Description | Quarters ended June 30, 2026 | Quarters ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Revenues | ||||
| Revenues from franchised restaurants | 4,393 | 4,213 | 8,399 | 7,874 |
| Sales by Company-owned and operated restaurants | 2,525 | 2,458 | 4,842 | 4,590 |
| Other revenues | 182 | 172 | 375 | 334 |
| Total revenues | 7,099 | 6,843 | 13,616 | 12,799 |
| Operating costs and expenses | ||||
| Franchised restaurants-occupancy expenses | 680 | 654 | 1,356 | 1,274 |
| Company-owned and operated restaurant expenses | 2,138 | 2,078 | 4,170 | 3,937 |
| Other restaurant expenses | 163 | 149 | 329 | 289 |
| Selling, general & administrative expenses | ||||
| Depreciation and amortization | 111 | 106 | 222 | 213 |
| Other | 706 | 595 | 1,354 | 1,170 |
| Other operating (income) expense, net | (37) | 29 | (106) | 36 |
| Total operating costs and expenses | 3,760 | 3,611 | 7,324 | 6,918 |
| Operating income | 3,338 | 3,232 | 6,292 | 5,880 |
| Interest expense | 409 | 390 | 809 | 766 |
| Nonoperating (income) expense, net | (6) | (18) | 5 | (76) |
| Income before provision for income taxes | 2,936 | 2,861 | 5,478 | 5,190 |
| Provision for income taxes | 574 | 608 | 1,133 | 1,069 |
| Net income | 2,362 | 2,253 | 4,345 | 4,121 |
| Earnings per common share-basic | 3.33 | 3.15 | 6.12 | 5.77 |
| Earnings per common share-diluted | 3.32 | 3.14 | 6.10 | 5.74 |
| Dividends declared per common share | 1.86 | 1.77 | 3.72 | 3.54 |
| Weighted-average shares outstanding-basic | 709.1 | 714.5 | 709.9 | 714.7 |
| Weighted-average shares outstanding-diluted | 711.1 | 717.6 | 712.3 | 717.9 |
Condensed Consolidated Balance Sheet
In millions, except per share data
| Description | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and equivalents | 822 | 774 |
| Accounts and notes receivable | 2,485 | 2,466 |
| Inventories, at cost, not in excess of market | 58 | 61 |
| Prepaid expenses and other current assets | 980 | 863 |
| Total current assets | 4,345 | 4,163 |
| Other assets | ||
| Investments in affiliates | 2,896 | 2,820 |
| Goodwill | 3,347 | 3,354 |
| Miscellaneous | 6,393 | 6,331 |
| Total other assets | 12,637 | 12,505 |
| Lease right-of-use asset, net | 14,459 | 14,606 |
| Property and equipment | ||
| Property and equipment, at cost | 49,943 | 49,290 |
| Accumulated depreciation and amortization | (21,464) | (21,049) |
| Net property and equipment | 28,479 | 28,241 |
| Total assets | 59,920 | 59,515 |
| Liabilities and shareholders’ equity (deficit) | ||
| Current liabilities | ||
| Accounts payable | 1,114 | 1,149 |
| Lease liability | 690 | 694 |
| Income taxes | 327 | 250 |
| Other taxes | 261 | 247 |
| Accrued interest | 428 | 533 |
| Accrued payroll and other liabilities | 1,198 | 1,488 |
| Total current liabilities | 4,018 | 4,361 |
| Long-term debt | 39,863 | 39,973 |
| Long-term lease liability | 14,039 | 14,147 |
| Long-term income taxes | 176 | 139 |
| Deferred revenues initial franchise fees | 946 | 945 |
| Other long-term liabilities | 677 | 704 |
| Deferred income taxes | 1,222 | 1,038 |
| Shareholders’ equity (deficit) | ||
| Preferred stock, no par value; authorized 165.0 million shares; issued – none | — | — |
| Common stock, $0.01 par value; authorized 3.5 billion shares; issued – 1,660.6 million shares | 17 | 17 |
| Additional paid-in capital | 9,841 | 9,641 |
| Retained earnings | 71,987 | 70,282 |
| Accumulated other comprehensive income (loss) | (2,340) | (2,414) |
| Common stock in treasury, at cost; 953.0 and 950.0 million shares | (80,527) | (79,316) |
| Total shareholders’ equity (deficit) | (1,023) | (1,791) |
| Total liabilities and shareholders’ equity (deficit) | 59,920 | 59,515 |
Condensed Consolidated Statement of Cash Flows (Unaudited)
In millions
| Description | Quarters ended June 30, 2026 | Quarters ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | 2,362 | 2,253 | 4,345 | 4,121 |
| Adjustments to reconcile to cash provided by operations | ||||
| Charges and credits: | ||||
| Depreciation and amortization | 565 | 544 | 1,131 | 1,064 |
| Deferred income taxes | (58) | (41) | 5 | (84) |
| Share-based compensation | 39 | 44 | 99 | 89 |
| Other | (51) | (71) | (143) | (144) |
| Changes in working capital items | (50) | (731) | (215) | (620) |
| Cash provided by operations | 2,807 | 1,998 | 5,222 | 4,426 |
| Investing activities | ||||
| Capital expenditures | (831) | (744) | (1,516) | (1,295) |
| Purchases of restaurant businesses | (74) | (56) | (153) | (131) |
| Sales of restaurant businesses | 137 | 34 | 209 | 83 |
| Sales of property | 21 | 11 | 56 | 16 |
| Other | (121) | (114) | (244) | (314) |
| Cash used for investing activities | (868) | (869) | (1,648) | (1,641) |
| Financing activities | ||||
| Net short-term borrowings (repayments) | 492 | 597 | (299) | (195) |
| Long-term financing issuances | — | 1,403 | 1,159 | 2,901 |
| Long-term financing repayments | (580) | (700) | (581) | (1,393) |
| Treasury stock purchases | (856) | (505) | (1,251) | (982) |
| Common stock dividends | (1,317) | (1,265) | (2,640) | (2,530) |
| Proceeds from stock option exercises | 14 | 41 | 142 | 188 |
| Other | (140) | (126) | (142) | (87) |
| Cash used for financing activities | (2,387) | (555) | (3,612) | (2,098) |
| Effect of exchange rates on cash and cash equivalents | 99 | 65 | 85 | 104 |
| Cash and equivalents increase (decrease) | (348) | 638 | 48 | 791 |
| Cash and equivalents at beginning of period | 1,170 | 1,238 | 774 | 1,085 |
| Cash and equivalents at end of period | 822 | 1,876 | 822 | 1,876 |
Amounts as printed on the EDGAR/iXBRL face — In millions, except per share data; In millions. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗