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McDonald's MCD Q3 2025 earnings

Reported November 5, 2025 · Before market open

Revenue estimate$7.1B
EPS estimate$3.33

Next report

Aug 5, 2026 (in a month)
Revenue estimate$7.1B
EPS estimate$3.34

Financials

Q3 2025

Income statement

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Revenue$7.1B+3.0%
Gross profit$6.4B+3.0%
Operating income$3.4B+5.3%
Net income$2.3B+1.0%
EPS (diluted)$3.18+1.6%

Balance sheet

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Cash & equivalents$2.4B+97.6%
Total debt$55.8B+4.5%
Total equity-$2.2B+58.2%
Total assets$60.6B+7.9%

Cash flow

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Operating cash flow$3.4B+25.3%
CapEx$1.0B+27.3%
Free cash flow$2.4B+24.5%

Valuation & ratios

Q3 2025

Valuation

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Market cap$216.86B-0.9%
Enterprise value$270.26B-0.3%
P/E25.8×-0.8×
P/S8.3×-0.2×

Profitability

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Operating margin46.1%+1.2pp
Net margin32%+0.3pp

Returns & leverage

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Current ratio+0.2×

Versus estimates

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Questions, answered.

When did McDonald's report Q3 2025 earnings?
McDonald's (MCD) reported Q3 2025 earnings on November 5, 2025 before market open.
What were McDonald's's Q3 2025 revenue and EPS?
McDonald's reported revenue of $7.1B and diluted EPS of $3.22 for Q3 2025.
Did McDonald's beat estimates in Q3 2025?
Revenue missed the consensus estimate of $7.1B by $6.1M. EPS missed the consensus estimate of $3.33 by $0.11.
How did McDonald's's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 3.0% from $6.9B a year earlier and diluted EPS declined 0.3% from $3.23.
Where can I find McDonald's's Q3 2025 SEC filings?
You can read the 8-K earnings release (0000063908-25-000057) and the 10-Q periodic report (0000063908-25-000059) directly on SEC EDGAR. The filing index links above go to sec.gov.