Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Restaurant Brands International Inc. (QSR) reported revenue of $2.52B for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Restaurant Brands International Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Eating Places.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.26B | $2.47B | $2.45B | $2.41B | $2.11B | $2.30B | $2.29B | $2.08B | $1.74B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $606.00M |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $716.00M | $606.00M | $621.00M | $663.00M | $483.00M | $435.00M | $635.00M | $577.00M | $663.00M | $544.00M |
| Net income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 460.00M | shares 459.00M | Unavailable | shares 457.00M | shares 457.00M | shares 456.00M | Unavailable | shares 454.00M | shares 453.00M | shares 453.00M |
| Pretax income | $592.00M | $483.00M | $494.00M | $534.00M | $351.00M | $305.00M | $500.00M | $429.00M | $484.00M | $396.00M |
| Income tax expense | -$73.00M | $38.00M | $220.00M | $94.00M | $87.00M | $82.00M | $139.00M | $72.00M | $85.00M | $68.00M |
| Diluted EPS | $1.45 | $0.97 | Unavailable | $0.96 | $0.57 | $0.49 | Unavailable | $0.79 | $0.88 | $0.72 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $173.00M |
| General & administrative | $181.00M | $180.00M | $192.00M | $170.00M | $188.00M | $191.00M | $199.00M | $176.00M | $185.00M | $173.00M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $25.02B | $24.88B | $25.62B | $25.67B | $25.69B | $24.88B | $24.63B | $25.07B | $24.85B | $23.14B |
| Current assets | $2.34B | $2.15B | $2.83B | $3.02B | $2.79B | $2.53B | $2.28B | $2.26B | $2.03B | $2.07B |
| Total liabilities | $19.63B | $19.59B | $20.46B | $20.50B | $20.60B | $20.06B | $19.79B | $20.03B | $19.90B | $18.31B |
| Current liabilities | $2.31B | $2.18B | $2.89B | $2.85B | $2.75B | $2.63B | $2.36B | $2.21B | $2.62B | $1.92B |
| Total equity incl. NCI | $5.40B | $5.29B | $5.16B | $5.16B | $5.09B | $4.82B | $4.84B | $5.04B | $4.95B | $4.84B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $224.00M | $203.00M | $205.00M | $216.00M | $167.00M | $159.00M | $142.00M | $169.00M | $160.00M | $152.00M |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $6.18B | $6.25B | $6.31B | $6.22B | $6.30B | $6.10B | $5.99B | $6.19B | $6.14B | $5.70B |
| Long-term debt | $13.21B | $13.23B | $13.25B | $13.42B | $13.43B | $13.44B | $13.46B | $13.57B | $13.09B | $12.83B |
| Accounts payable | $884.00M | $813.00M | $866.00M | $826.00M | $763.00M | $697.00M | $765.00M | $754.00M | $720.00M | $734.00M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $530.00M | $227.00M | $555.00M | $592.00M | $449.00M | $118.00M | $481.00M | $540.00M | $334.00M | $148.00M |
| Capital expenditures | $51.00M | $58.00M | $102.00M | $61.00M | $38.00M | $64.00M | $77.00M | $55.00M | $43.00M | $26.00M |
| Investing cash flow | -$27.00M | -$33.00M | -$105.00M | -$11.00M | -$18.00M | -$184.00M | -$44.00M | -$57.00M | -$528.00M | -$31.00M |
| Financing cash flow | -$447.00M | -$306.00M | -$484.00M | -$397.00M | -$290.00M | -$265.00M | -$260.00M | -$253.00M | $91.00M | -$203.00M |
| Net change in cash | $51.00M | -$142.00M | -$62.00M | $213.00M | $98.00M | -$354.00M | $158.00M | $234.00M | -$107.00M | -$90.00M |
| Stock-based compensation | $35.00M | $35.00M | $38.00M | $32.00M | $33.00M | $48.00M | $48.00M | $37.00M | $41.00M | $46.00M |
| Common dividends paid | $296.00M | $283.00M | $282.00M | $282.00M | $282.00M | $262.00M | $262.00M | $261.00M | $261.00M | $245.00M |
| Common share repurchases | $138.00M | $32.00M | Unavailable | Unavailable | $0 | $0 | $0 | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $77.00M | $78.00M | $76.00M | $76.00M | $77.00M | $71.00M | $77.00M | $78.00M | $59.00M | $49.00M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $479.00M | $169.00M | $453.00M | $531.00M | $411.00M | $54.00M | $404.00M | $485.00M | $291.00M | $122.00M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 28.4% | 26.8% | 25.2% | 27.1% | 20.0% | 20.6% | 27.7% | 25.2% | 31.9% | 31.3% |
| FCF margin | 19.0% | 7.5% | 18.4% | 21.7% | 17.1% | 2.6% | 17.6% | 21.2% | 14.0% | 7.0% |
| SBC / revenue | 1.4% | 1.5% | 1.5% | 1.3% | 1.4% | 2.3% | 2.1% | 1.6% | 2.0% | 2.6% |
| Current ratio | 1.01x | 0.99x | 0.98x | 1.06x | 1.01x | 0.96x | 0.97x | 1.02x | 0.78x | 1.08x |
| Revenue YoY growth | 4.6% | 7.3% | 7.4% | 6.9% | 15.9% | 21.3% | 26.2% | 24.7% | 17.2% | 9.4% |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 2.0% | 2.6% | 4.1% | 2.5% | 1.6% | 3.0% | 3.4% | 2.4% | 2.1% | 1.5% |
| Long-term debt / equity | 2.45x | Unavailable | 2.57x | 2.60x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | -12.3% | 7.9% | 44.5% | 17.6% | 24.8% | 26.9% | 27.8% | 16.8% | 17.6% | 17.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open QSR in the interactive workspace to inspect any figure back to its filing.
Source filings
Reconciliation checks needing review
10 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Operating, investing and financing flows differ from the reported change in cash by 27000000, beyond tolerance 3060000.00.
Operating, investing and financing flows differ from the reported change in cash by 28000000, beyond tolerance 5550000.00.
Operating, investing and financing flows differ from the reported change in cash by 33000000, beyond tolerance 5920000.00.
Operating, investing and financing flows differ from the reported change in cash by 59000000, beyond tolerance 4490000.00.
Operating, investing and financing flows differ from the reported change in cash by 26000000, beyond tolerance 2650000.00.