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Restaurant Brands International QSR BK — Segment F&P expenses

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Other financials

Income statement

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Revenue$2.3B+7.3%
Gross profit$1.1B+8.9%
Operating income$606.0M+39.3%
Net income$445.0M+101%
EPS (diluted)$0.97+98.0%

Balance sheet

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Cash & equivalents$1.0B+12.6%
Total debt$15.6B-1.5%
Total equity$3.7B+20.1%
Total assets$24.9B0.0%

Cash flow

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Operating cash flow$227.0M+92.4%
CapEx$58.0M-9.4%
Free cash flow$169.0M+213%

Valuation

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Market cap$25.79B+20.2%
Enterprise value$40.43B+11.2%
P/E19.9×+2.0×
P/S2.7×+0.3×

Profitability

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Gross margin65.3%+0.9pp
Operating margin24.7%-1.6pp
Net margin13.5%-1.7pp
FCF margin16.3%+2.2pp

Returns & leverage

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Return on equity37.9%-6.1pp
Debt / equity4.2×-0.9×
Current ratio0.0×

Where this comes from

Reported directly by Restaurant Brands International in its filing.

Tagged under the XBRL concept qsr:FranchiseAndPropertyCostsAdjusted.

The official record: Restaurant Brands International’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Restaurant Brands International's BK — segment F&P expenses?
Restaurant Brands International (QSR) reported BK — segment F&P expenses of $34M in Q1 2026.
How has Restaurant Brands International's BK — segment F&P expenses changed year-over-year?
Restaurant Brands International's BK — segment F&P expenses increased by 9.7% year-over-year, from $31M to $34M.
What is the long-term trend for Restaurant Brands International's BK — segment F&P expenses?
Over 3 years (2022 to 2025), Restaurant Brands International's BK — segment F&P expenses has grown at a -0.5% compound annual growth rate (CAGR), from $133M to $131M.
What does BK — segment F&P expenses mean?
Costs associated with food, beverage, and packaging materials required for the segment's operations. This metric is critical for assessing the direct cost of goods sold and supply chain efficiency.