SequelSEC

Restaurant Brands International Inc. QSR

Retail-Eating Places · CIK 0001618756 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$2.52B
Fiscal year ended 2026-06-30
Operating income
$716.00M
Fiscal year ended 2026-06-30
Free cash flow
$479.00M
Fiscal year ended 2026-06-30

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

Restaurant Brands International Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$2.52B$2.26B$2.47B$2.45B$2.41B$2.11B$2.30B$2.29B$2.08B$1.74B
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$606.00M
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income$716.00M$606.00M$621.00M$663.00M$483.00M$435.00M$635.00M$577.00M$663.00M$544.00M
Net incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 460.00Mshares 459.00MUnavailableshares 457.00Mshares 457.00Mshares 456.00MUnavailableshares 454.00Mshares 453.00Mshares 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$0.97Unavailable$0.96$0.57$0.49Unavailable$0.79$0.88$0.72
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$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 & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Restaurant Brands International Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
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) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$224.00M$203.00M$205.00M$216.00M$167.00M$159.00M$142.00M$169.00M$160.00M$152.00M
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
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

Restaurant Brands International Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
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$32.00MUnavailableUnavailable$0$0$0UnavailableUnavailableUnavailable
Depreciation & amortization$77.00M$78.00M$76.00M$76.00M$77.00M$71.00M$77.00M$78.00M$59.00M$49.00M

Derived

Restaurant Brands International Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flow$479.00M$169.00M$453.00M$531.00M$411.00M$54.00M$404.00M$485.00M$291.00M$122.00M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin28.4%26.8%25.2%27.1%20.0%20.6%27.7%25.2%31.9%31.3%
FCF margin19.0%7.5%18.4%21.7%17.1%2.6%17.6%21.2%14.0%7.0%
SBC / revenue1.4%1.5%1.5%1.3%1.4%2.3%2.1%1.6%2.0%2.6%
Current ratio1.01x0.99x0.98x1.06x1.01x0.96x0.97x1.02x0.78x1.08x
Revenue YoY growth4.6%7.3%7.4%6.9%15.9%21.3%26.2%24.7%17.2%9.4%
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue2.0%2.6%4.1%2.5%1.6%3.0%3.4%2.4%2.1%1.5%
Long-term debt / equity2.45xUnavailable2.57x2.60xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
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

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-20View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

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.

gross profit bridgeinconsistent2024-03-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-12-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-09-30

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-06-30

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2022-12-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

cash flow reconciliationreview2026-03-31

Operating, investing and financing flows differ from the reported change in cash by 27000000, beyond tolerance 3060000.00.

cash flow reconciliationreview2025-12-31

Operating, investing and financing flows differ from the reported change in cash by 28000000, beyond tolerance 5550000.00.

cash flow reconciliationreview2025-09-30

Operating, investing and financing flows differ from the reported change in cash by 33000000, beyond tolerance 5920000.00.

cash flow reconciliationreview2025-06-30

Operating, investing and financing flows differ from the reported change in cash by 59000000, beyond tolerance 4490000.00.

cash flow reconciliationreview2025-03-31

Operating, investing and financing flows differ from the reported change in cash by 26000000, beyond tolerance 2650000.00.