What is McDonald's's capitalized software licenses?

McDonald's (MCD) reported capitalized software licenses of $1.06B in Q4 2025.

How has McDonald's's capitalized software licenses changed year-over-year?

McDonald's's capitalized software licenses increased by 17.0% year-over-year, from $907.00M to $1.06B.

What is the long-term trend for McDonald's's capitalized software licenses?

Over 5 years (2020 to 2025), McDonald's's capitalized software licenses has grown at a 8.9% compound annual growth rate (CAGR), from $691.20M to $1.06B.

What does capitalized software licenses mean?

The value of software the company owns and uses to run its business, after accounting for depreciation.

Non-Current Assets

Capitalized software licenses

McDonald's Capitalized software licenses increased by 17.0% to $1.06B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $907.00M to $1.06B. Over 5 years (FY 2020 to FY 2025), Capitalized software licenses shows an upward trend with a 8.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2017

Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase indicates ongoing investment in digital transformation, IT infrastructure, or internal efficiency tools.

Detailed definition

The net book value of software developed or purchased for internal use, which provides future economic benefits beyond t...

Peer comparison

Reflects the intensity of digital investment; varies based on the company's reliance on proprietary technology for operations.

Metric ID: non_current_assets_capitalized_computer_software_net

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$795.00M	$864.00M	$836.00M	$907.00M	$1.06B
QoQ Change	—	+8.7%	-3.2%	+8.5%	+17.0%
YoY Change	—	+8.7%	-3.2%	+8.5%	+17.0%

Range$795.00M – $1.06B

CAGR+33.5%

Avg YoY Growth+7.7%

Median YoY Growth+8.6%

Current Streak2 quarters growth

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Frequently Asked Questions

What is McDonald's's capitalized software licenses?: McDonald's (MCD) reported capitalized software licenses of $1.06B in Q4 2025.
How has McDonald's's capitalized software licenses changed year-over-year?: McDonald's's capitalized software licenses increased by 17.0% year-over-year, from $907.00M to $1.06B.
What is the long-term trend for McDonald's's capitalized software licenses?: Over 5 years (2020 to 2025), McDonald's's capitalized software licenses has grown at a 8.9% compound annual growth rate (CAGR), from $691.20M to $1.06B.
What does capitalized software licenses mean?: The value of software the company owns and uses to run its business, after accounting for depreciation.