10-Q quarterly report · filed May 7, 2026

McDonald's (MCD) Q1 2026 10-Q Quarterly Report

Short answer

McDonald's (MCD) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $6.5B (up 9.4% year over year) with net income of $2.0B.

Q1 2026 key financials · XBRL

Revenue
$6.5B
+9.4% YoY
Net income
$2.0B
+6.2% YoY
Operating margin
45.3%
EPS (diluted)
$2.78
+6.9% YoY

Source: XBRL data from the McDonald's (MCD) Q1 2026 10-Q on SEC EDGAR. USD.

McDonald's Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $6.517B, up 9% YoY from $5.956B, with constant-currency growth of 4%
  • Operating income $2.953B, up 12% YoY from $2.648B; net income margin 30.4% vs 31.4%
  • International Operated Markets strongest: revenue $3.258B, up 14%; U.S. weakest: revenue $2.479B, up 3%
  • Quarterly dividend $1.3B; share repurchases $393M for 1.3M shares
  • 2026 outlook: approximately 2,600 new restaurants and slightly over 4.5% net unit growth; headwind from more discerning consumer spending

Risk Factors

  • Risk-factor text not provided; filing redirects to Part I, Item 2
  • Share-repurchase authorization: $15.0 billion approved November 21, 2024
  • First-quarter repurchases: 1,252,468 shares at $314.18 average price
  • Remaining repurchase capacity: $12,590,152,896 at March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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