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McDonald's MCD Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Restructuring and Related Cost, Incurred Cost by Business
International Developmental Licensed Markets and Corporate$196.75M-2.1%$201M-2.1%$205.25M-2.0%$209.5M-2.0%$213.75M-1.9%
International Operated Markets$19.75M-21.0%$25M+29.9%$19.25M+42.6%$13.5M+74.2%$7.75M+288%

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Questions, answered.

How does McDonald's break its business down?
McDonald's (MCD) reports total revenues by business across 3 parts — International Developmental Licensed Markets and Corporate, International Operated Markets and U.S.. Each is extracted from the segment footnotes and tracked over time.
Where does McDonald's's segment data come from?
Segment breakdowns are pulled from the segment footnotes in McDonald's's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.