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Restaurant Brands International QSR Food, beverage, and packaging costs — Total

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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 us-gaap:CostOfGoodsAndServicesSold.

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 food, beverage, and packaging costs — total?
Restaurant Brands International (QSR) reported food, beverage, and packaging costs — total of $133M in Q1 2026.
How has Restaurant Brands International's food, beverage, and packaging costs — total changed year-over-year?
Restaurant Brands International's food, beverage, and packaging costs — total increased by 9.9% year-over-year, from $121M to $133M.
What does food, beverage, and packaging costs — total mean?
This metric represents the aggregate direct costs incurred for the raw materials, ingredients, and packaging supplies required to produce and serve food and beverage items across the company's restaurant network. It serves as a primary component of the cost of goods sold, reflecting the direct impact of commodity price fluctuations and supply chain efficiency on the firm's operational profitability. Monitoring this figure allows stakeholders to assess the company's ability to manage input cost inflation and maintain margins within its franchised and company-operated business models.