McDonald's MCD Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues by Business | ||||||
| International Developmental Licensed Markets and Corporate | $610M+11.7% | —— | —— | —— | $546M-12.1% | |
| International Operated Markets | $3.33B+14.0% | —— | —— | —— | $2.92B-2.4% | |
| U.S. | $2.58B+3.6% | —— | —— | —— | $2.49B-2.6% | |
| Total Other Segment Items by Business | ||||||
| International Developmental Licensed Markets and Corporate | $3M-85.0% | —— | —— | —— | $20M-68.5% | |
| International Operated Markets | $23M-45.2% | —— | —— | —— | $42M+205% | |
| U.S. | $71M-16.5% | —— | —— | —— | $85M+100% | |
| Total Assets by Business | ||||||
| International Developmental Licensed Markets and Corporate | $9.48B— | $9.02B— | —— | —— | —— | |
| International Operated Markets | $27.56B— | $27.49B+17.0% | —— | —— | —— | |
| U.S. | $22.99B— | $23.01B— | —— | —— | —— | |
| Operating Income (Loss) by Business | ||||||
| International Developmental Licensed Markets and Corporate | $67M+17.5% | —— | —— | —— | $57M+328% | |
| International Operated Markets | $1.51B+16.9% | —— | —— | —— | $1.29B-5.6% | |
| U.S. | $1.38B+6.0% | —— | —— | —— | $1.3B-6.7% | |
| Selling, general & administrative expenses by Business | ||||||
| International Developmental Licensed Markets and Corporate | $431M+14.0% | —— | —— | —— | $378M-3.9% | |
| International Operated Markets | $187M+16.1% | —— | —— | —— | $161M+2.1% | |
| U.S. | $140M-2.1% | —— | —— | —— | $143M-12.5% | |
| Company operated restaurants expenses by Business | ||||||
| International Developmental Licensed Markets and Corporate | $107M+17.6% | —— | —— | —— | $91M-53.9% | |
| International Operated Markets | $1.26B+11.8% | —— | —— | —— | $1.12B-5.7% | |
| U.S. | $669M+3.7% | —— | —— | —— | $645M-7.2% | |
| Restructuring and Related Cost, Incurred Cost by Business | ||||||
| International Developmental Licensed Markets and Corporate | $46M-8.5% | $50.25M-7.8% | $50.25M-7.8% | $50.25M-7.8% | $50.25M-7.8% | |
| International Operated Markets | $1M-84.0% | $6.25M+1,150% | $6.25M+1,150% | $6.25M+1,150% | $6.25M+1,150% | |
| D&A by Business | ||||||
| International Developmental Licensed Markets and Corporate | $102M+4.1% | —— | —— | —— | $98M+1.3% | |
| International Operated Markets | $213M+17.0% | —— | —— | —— | $182M-0.3% | |
| U.S. | $251M+4.1% | —— | —— | —— | $241M-1.6% | |
| CapEx by Business | ||||||
| International Developmental Licensed Markets and Corporate | $9M+125% | —— | —— | —— | $4M-72.4% | |
| International Operated Markets | $399M+23.9% | —— | —— | —— | $322M-22.5% | |
| U.S. | $274M+21.8% | —— | —— | —— | $225M-14.7% | |
| Franchised restaurants occupancy expenses by Business | ||||||
| International Developmental Licensed Markets and Corporate | $0— | —— | —— | —— | $0— | |
| U.S. | $323M+1.3% | —— | —— | —— | $319M— | |
| Franchised restaurants-occupancy expenses by Business | ||||||
| International Operated Markets | $353M+17.3% | —— | —— | —— | $301M-2.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
