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McDonald's MCD Software and Technology Licenses, Net

Software and Technology Licenses, Net at other companies

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Other financials

Income statement

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Revenue$6.5B+9.4%
Gross profit$5.8B+9.5%
Operating income$3.0B+11.5%
Net income$2.0B+6.2%
EPS (diluted)$2.78+6.9%

Balance sheet

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Cash & equivalents$1.2B-5.5%
Total debt$54.9B+4.0%
Total equity-$1.3B+62.8%
Total assets$60.0B+6.6%

Cash flow

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Operating cash flow$2.4B-0.7%
CapEx$682.0M+23.8%
Free cash flow$1.7B-7.8%

Valuation

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Market cap$197.95B-0.8%
Enterprise value$251.67B+0.1%
P/E22.8×-1.6×
P/S7.2×-0.6×

Profitability

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Gross margin86.6%
Operating margin46.3%+1.0pp
Net margin31.6%-0.1pp
FCF margin25.6%-0.4pp

Returns & leverage

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Return on equity45.4%
Debt / equity6.5×
Current ratio1.1×0.0×

Where this comes from

Reported directly by McDonald's in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetsNoncurrent.

The official record: McDonald's’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McDonald's's software and technology licenses, net?
McDonald's (MCD) reported software and technology licenses, net of $6.36B in Q1 2026.
How has McDonald's's software and technology licenses, net changed year-over-year?
McDonald's's software and technology licenses, net increased by 1.5% year-over-year, from $6.27B to $6.36B.
What is the long-term trend for McDonald's's software and technology licenses, net?
Over 5 years (2020 to 2025), McDonald's's software and technology licenses, net has grown at a 8.9% compound annual growth rate (CAGR), from $691.2M to $1.06B.
What does software and technology licenses, net mean?
This represents the capitalized cost of acquired software and technology licenses, net of accumulated amortization. It reflects the company's investment in digital infrastructure, point-of-sale systems, and operational technology. It is a key indicator of the company's commitment to digital transformation.