# Restaurant Brands International Inc.: financial statements, quarterly

QSR · NYSE · CIK 1618756 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/qsr.md) · [Financials](/companies/qsr/financials.md) · [Filings](/companies/qsr/filings.md) · [Insiders](/companies/qsr/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/qsr/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,820 d](/filings/0001618756-26-000017.md) | [1,739](/filings/0001618756-25-000242.md) | [2,080](/filings/0001618756-25-000292.md) | [2,291](/filings/0001618756-25-000300.md) | [2,296 d](/filings/0001618756-26-000017.md) | [2,109](/filings/0001618756-26-000029.md) | [2,410](/filings/0001618756-26-000045.md) | [2,449](/filings/0001618756-26-000056.md) | [2,466 d](/filings/0001618756-26-000017.md) | [2,264](/filings/0001618756-26-000029.md) | [2,520](/filings/0001618756-26-000045.md) | [2,525](/filings/0001618756-26-000056.md) |
| Cost of revenue | $m | [643 d](/filings/0001618756-24-000020.md) | [606](/filings/0001618756-24-000082.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Selling, general and administrative | $m | not reported | [173](/filings/0001618756-24-000082.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating income | $m | [468 d](/filings/0001618756-26-000017.md) | [544](/filings/0001618756-25-000242.md) | [663](/filings/0001618756-25-000292.md) | [577](/filings/0001618756-25-000300.md) | [635 d](/filings/0001618756-26-000017.md) | [435](/filings/0001618756-26-000029.md) | [483](/filings/0001618756-26-000045.md) | [663](/filings/0001618756-26-000056.md) | [621 d](/filings/0001618756-26-000017.md) | [606](/filings/0001618756-26-000029.md) | [716](/filings/0001618756-26-000045.md) | [696](/filings/0001618756-26-000056.md) |
| Income tax | $m | [(410) d](/filings/0001618756-26-000017.md) | [68.0](/filings/0001618756-25-000242.md) | [85.0](/filings/0001618756-25-000292.md) | [72.0](/filings/0001618756-25-000300.md) | [139 d](/filings/0001618756-26-000017.md) | [82.0](/filings/0001618756-26-000029.md) | [87.0](/filings/0001618756-26-000045.md) | [94.0](/filings/0001618756-26-000056.md) | [220 d](/filings/0001618756-26-000017.md) | [38.0](/filings/0001618756-26-000029.md) | [(73.0)](/filings/0001618756-26-000045.md) | [(133)](/filings/0001618756-26-000056.md) |
| Net income | $m | [726 d](/filings/0001618756-26-000017.md) | [328](/filings/0001618756-25-000300.md) | [399](/filings/0001618756-25-000300.md) | [357](/filings/0001618756-25-000300.md) | [361 d](/filings/0001618756-26-000017.md) | [221](/filings/0001618756-26-000056.md) | [263](/filings/0001618756-26-000056.md) | [436](/filings/0001618756-26-000056.md) | [155 d](/filings/0001618756-26-000017.md) | [445](/filings/0001618756-26-000056.md) | [665](/filings/0001618756-26-000056.md) | [704](/filings/0001618756-26-000056.md) |
| Diluted EPS | $ per share | not reported | [0.72](/filings/0001618756-25-000242.md) | [0.88](/filings/0001618756-25-000292.md) | [0.79](/filings/0001618756-25-000300.md) | not reported | [0.49](/filings/0001618756-26-000029.md) | [0.57](/filings/0001618756-26-000045.md) | [0.96](/filings/0001618756-26-000056.md) | not reported | [0.97](/filings/0001618756-26-000029.md) | [1.45](/filings/0001618756-26-000045.md) | [1.54](/filings/0001618756-26-000056.md) |
| Basic EPS | $ per share | not reported | [0.73](/filings/0001618756-25-000242.md) | [0.89](/filings/0001618756-25-000292.md) | [0.79](/filings/0001618756-25-000300.md) | not reported | [0.49](/filings/0001618756-26-000029.md) | [0.58](/filings/0001618756-26-000045.md) | [0.96](/filings/0001618756-26-000056.md) | not reported | [0.98](/filings/0001618756-26-000029.md) | [1.46](/filings/0001618756-26-000045.md) | [1.55](/filings/0001618756-26-000056.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:ProfitLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Current assets | $bn | [2.2](/filings/0001618756-25-000087.md) | [2.1](/filings/0001618756-24-000082.md) | [2.0](/filings/0001618756-24-000133.md) | [2.3](/filings/0001618756-24-000190.md) | [2.3](/filings/0001618756-26-000017.md) | [2.5](/filings/0001618756-25-000242.md) | [2.8](/filings/0001618756-25-000292.md) | [3.0](/filings/0001618756-25-000300.md) | [2.8](/filings/0001618756-26-000056.md) | [2.2](/filings/0001618756-26-000029.md) | [2.3](/filings/0001618756-26-000045.md) | [2.3](/filings/0001618756-26-000056.md) |
| Total assets | $bn | [23.4](/filings/0001618756-25-000087.md) | [23.1](/filings/0001618756-24-000082.md) | [24.8](/filings/0001618756-24-000133.md) | [25.1](/filings/0001618756-24-000190.md) | [24.6](/filings/0001618756-26-000017.md) | [24.9](/filings/0001618756-25-000242.md) | [25.7](/filings/0001618756-25-000292.md) | [25.7](/filings/0001618756-25-000300.md) | [25.6](/filings/0001618756-26-000056.md) | [24.9](/filings/0001618756-26-000029.md) | [25.0](/filings/0001618756-26-000045.md) | [25.3](/filings/0001618756-26-000056.md) |
| Current liabilities | $bn | [2.1](/filings/0001618756-25-000087.md) | [1.9](/filings/0001618756-24-000082.md) | [2.6](/filings/0001618756-24-000133.md) | [2.2](/filings/0001618756-24-000190.md) | [2.4](/filings/0001618756-26-000017.md) | [2.6](/filings/0001618756-25-000242.md) | [2.8](/filings/0001618756-25-000292.md) | [2.8](/filings/0001618756-25-000300.md) | [2.9](/filings/0001618756-26-000056.md) | [2.2](/filings/0001618756-26-000029.md) | [2.3](/filings/0001618756-26-000045.md) | [2.4](/filings/0001618756-26-000056.md) |
| Total liabilities | $bn | [18.7](/filings/0001618756-25-000087.md) | [18.3](/filings/0001618756-24-000082.md) | [19.9](/filings/0001618756-24-000133.md) | [20.0](/filings/0001618756-24-000190.md) | [19.8](/filings/0001618756-26-000017.md) | [20.1](/filings/0001618756-25-000242.md) | [20.6](/filings/0001618756-25-000292.md) | [20.5](/filings/0001618756-25-000300.md) | [20.5](/filings/0001618756-26-000056.md) | [19.6](/filings/0001618756-26-000029.md) | [19.6](/filings/0001618756-26-000045.md) | [19.7](/filings/0001618756-26-000056.md) |
| Long-term debt | $bn | [12.9](/filings/0001618756-25-000087.md) | [12.8](/filings/0001618756-24-000082.md) | [13.1](/filings/0001618756-24-000133.md) | [13.6](/filings/0001618756-24-000190.md) | [13.5](/filings/0001618756-26-000017.md) | [13.4](/filings/0001618756-25-000242.md) | [13.4](/filings/0001618756-25-000292.md) | [13.4](/filings/0001618756-25-000300.md) | [13.3](/filings/0001618756-26-000056.md) | [13.2](/filings/0001618756-26-000029.md) | [13.2](/filings/0001618756-26-000045.md) | [13.2](/filings/0001618756-26-000056.md) |
| Current portion of debt | $bn | [0.1](/filings/0001618756-25-000087.md) | [0.1](/filings/0001618756-24-000082.md) | [0.6](/filings/0001618756-24-000133.md) | [0.1](/filings/0001618756-24-000190.md) | [0.2](/filings/0001618756-26-000017.md) | [0.2](/filings/0001618756-25-000242.md) | [0.2](/filings/0001618756-25-000292.md) | [0.1](/filings/0001618756-25-000300.md) | [0.0](/filings/0001618756-26-000056.md) | [0.0](/filings/0001618756-26-000029.md) | [0.0](/filings/0001618756-26-000045.md) | [0.1](/filings/0001618756-26-000056.md) |
| Shareholders' equity | $bn | [2.9](/filings/0001618756-25-000087.md) | [3.0](/filings/0001618756-24-000082.md) | [3.1](/filings/0001618756-24-000133.md) | [3.2](/filings/0001618756-24-000190.md) | [3.1](/filings/0001618756-26-000017.md) | [3.1](/filings/0001618756-25-000242.md) | [3.3](/filings/0001618756-25-000292.md) | [3.4](/filings/0001618756-25-000300.md) | [3.6](/filings/0001618756-26-000056.md) | [3.7](/filings/0001618756-26-000029.md) | [3.9](/filings/0001618756-26-000045.md) | [3.9](/filings/0001618756-26-000056.md) |

- Cash and equivalents: not reported
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [403 d](/filings/0001618756-26-000017.md) | [148](/filings/0001618756-25-000242.md) | [334 d](/filings/0001618756-25-000292.md) | [540 d](/filings/0001618756-25-000300.md) | [481 d](/filings/0001618756-26-000017.md) | [118](/filings/0001618756-26-000029.md) | [449 d](/filings/0001618756-26-000045.md) | [592 d](/filings/0001618756-26-000056.md) | [555 d](/filings/0001618756-26-000017.md) | [227](/filings/0001618756-26-000029.md) | [530 d](/filings/0001618756-26-000045.md) | [551 d](/filings/0001618756-26-000056.md) |
| Capital expenditure | $m | [47.0 d](/filings/0001618756-26-000017.md) | [26.0](/filings/0001618756-25-000242.md) | [43.0 d](/filings/0001618756-25-000292.md) | [55.0 d](/filings/0001618756-25-000300.md) | [77.0 d](/filings/0001618756-26-000017.md) | [64.0](/filings/0001618756-26-000029.md) | [38.0 d](/filings/0001618756-26-000045.md) | [61.0 d](/filings/0001618756-26-000056.md) | [102 d](/filings/0001618756-26-000017.md) | [58.0](/filings/0001618756-26-000029.md) | [51.0 d](/filings/0001618756-26-000045.md) | [72.0 d](/filings/0001618756-26-000056.md) |
| Dividends paid | $m | [249 d](/filings/0001618756-26-000017.md) | [245](/filings/0001618756-25-000242.md) | [261 d](/filings/0001618756-25-000292.md) | [261 d](/filings/0001618756-25-000300.md) | [262 d](/filings/0001618756-26-000017.md) | [262](/filings/0001618756-26-000029.md) | [282 d](/filings/0001618756-26-000045.md) | [282 d](/filings/0001618756-26-000056.md) | [282 d](/filings/0001618756-26-000017.md) | [283](/filings/0001618756-26-000029.md) | [296 d](/filings/0001618756-26-000045.md) | [296 d](/filings/0001618756-26-000056.md) |
| Share repurchases | $m | [385 d](/filings/0001618756-26-000017.md) | not reported | not reported | not reported | [0.0 d](/filings/0001618756-26-000017.md) | [0.0](/filings/0001618756-26-000029.md) | [0.0 d](/filings/0001618756-26-000045.md) | not reported | not reported | [32.0](/filings/0001618756-26-000029.md) | [138 d](/filings/0001618756-26-000045.md) | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [456](/filings/0001618756-24-000082.md) | [458](/filings/0001618756-24-000133.md) | [459](/filings/0001618756-24-000190.md) | [453](/filings/0001618756-25-000242.md) | [453](/filings/0001618756-25-000292.md) | [454](/filings/0001618756-25-000300.md) | [456](/filings/0001618756-26-000029.md) | [457](/filings/0001618756-26-000045.md) | [457](/filings/0001618756-26-000056.md) | [459](/filings/0001618756-26-000029.md) | [460](/filings/0001618756-26-000045.md) | [457](/filings/0001618756-26-000056.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 316,382,439 at 2024-04-23, from the cover of the [10-Q filed 2024-04-30](/filings/0001618756-24-000082.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 29, 2026, 18:10 ET. No prices; not investment advice.