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Gift card liability at other companies

Children's Place logo
Children's PlacePLCE
$2.9M-34.1%
Portillo's Inc. logo
Portillo's Inc.PTLO
$4.48M+0.8%
Shake Shack logo
Shake ShackSHAK
$2.7M+22.9%
Shake Shack logo
Shake ShackSHAK
$2.7M+22.9%
Shake Shack logo
Shake ShackSHAK
$330K+71.0%
FIGS logo
FIGSFIGS
$12.5M+24.7%

Other financials

Income statement

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Revenue$2.5B+4.6%
Gross profit$1.1B+8.9%
Operating income$716.0M+48.2%
Net income$665.0M+153%
EPS (diluted)$1.45+154%

Balance sheet

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Cash & equivalents$1.1B+3.6%
Total debt$15.6B-2.0%
Total equity$3.9B+16.1%
Total assets$25.0B-2.6%

Cash flow

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Operating cash flow$530.0M+18.0%
CapEx$51.0M+34.2%
Free cash flow$479.0M+16.5%

Valuation

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Market cap$25.77B+20.7%
Enterprise value$40.32B+11.2%
P/E15.2×-2.6×
P/S2.7×+0.3×

Profitability

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Gross margin65.3%+0.9pp
Operating margin26.9%+3.5pp
Net margin17.5%+4.3pp
FCF margin16.8%+2.0pp

Returns & leverage

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Return on equity47.5%+9.8pp
Debt / equity4.1×-0.7×
Current ratio0.0×

Where this comes from

Reported directly by Restaurant Brands International in its filing.

Tagged under the XBRL concept qsr:ContractWithCustomerLiabilityGiftCards.

The source filing: Restaurant Brands International’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001618756-26-000045
Line itemAs of / June 30,2026As of / December 31,2025
Current liabilities:
Accounts and drafts payable$884$866
Other accrued liabilities1,1651,271
Gift card liability183249
Current portion of long-term debt and finance leases8268
Liabilities held for sale - discontinued operations437
Total current liabilities2,3142,891
Long-term debt, net of current portion13,20613,250

Item 1. Financial Statements

FAQ

What is Restaurant Brands International's gift card liability?
Restaurant Brands International (QSR) reported gift card liability of $183M in Q2 2026.
How has Restaurant Brands International's gift card liability changed year-over-year?
Restaurant Brands International's gift card liability decreased by 3.2% year-over-year, from $189M to $183M.
What is the long-term trend for Restaurant Brands International's gift card liability?
Over 5 years (2020 to 2025), Restaurant Brands International's gift card liability has grown at a 5.4% compound annual growth rate (CAGR), from $191M to $249M.
What does gift card liability mean?
Gift card liability as reported by Restaurant Brands International Inc..

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