Cost of Revenue

Total Cost of Revenue

Restaurant Brands International Total Cost of Revenue decreased by 5.8% to $606.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $550.00M to $606.00M. Over 2 years (FY 2021 to FY 2023), Total Cost of Revenue shows an upward trend with a 13.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.

Detailed definition

The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...

Peer comparison

In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.

Metric ID: total_cost_of_revenue

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$467.00M$490.00M$532.00M$494.00M$584.00M$615.00M$619.00M$550.00M$612.00M$630.00M$643.00M$606.00M
QoQ Change+4.9%+8.6%-7.1%+18.2%+5.3%+0.7%-11.1%+11.3%+2.9%+2.1%-5.8%
YoY Change+25.1%+25.5%+16.4%+11.3%+4.8%+2.4%+3.9%+10.2%
Range$467.00M$643.00M
CAGR+9.9%
Avg YoY Growth+12.4%
Median YoY Growth+10.8%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
TH$496.00M$589.00M$619.00M$659.00M$564.00M
RH$379.00M$406.00M$403.00M$420.00M$401.00M
BK$55.00M$57.00M$59.00M$48.00M$43.00M
PLK$39.00M$40.00M$39.00M$41.00M$38.00M
FHS$9.00M$9.00M$9.00M$11.00M$10.00M
INTL$0.00$0.00$0.00$0.00$0.00
Total

Frequently Asked Questions

What is Restaurant Brands International's total cost of revenue?
Restaurant Brands International (QSR) reported total cost of revenue of $606.00M in Q1 2024.
How has Restaurant Brands International's total cost of revenue changed year-over-year?
Restaurant Brands International's total cost of revenue increased by 10.2% year-over-year, from $550.00M to $606.00M.
What is the long-term trend for Restaurant Brands International's total cost of revenue?
Over 2 years (2021 to 2023), Restaurant Brands International's total cost of revenue has grown at a 13.5% compound annual growth rate (CAGR), from $1.89B to $2.44B.
What does total cost of revenue mean?
The direct cost of making the products or providing the services that a company sells.