McDonald's Corporation: Mixed — EPS $3.57, Revenue $7.16B
Mixed ResultQ3 2026 · Pre-market
Did McDonald's Corporation (MCD) beat earnings today?
It was a mixed report for Q3 2026 — McDonald's Corporation (MCD) beat on EPS but missed on revenue.
Earnings Per Share+5.62% surprise
$3.57Actual
Expected: $3.38
vs. year ago +11.0%
Total Revenue-1.69% surprise
$7.16BActual
Expected: $7.28B
vs. year ago +1.0%
Released Nov 04 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $7.16B | $7.08B | +1.0% |
| Revenue detail — reported lines | |||
| └─Revenues from franchised restaurants | $4.49B | $4.36B | +3.0% |
| └─Sales by Company-owned and operated restaurants | $2.48B | $2.56B | -3.0% |
| └─Other revenues | $189.00M | $151.00M | +26.0% |
| Net Income | $2.49B | $2.28B | +9.0% |
| GAAP Diluted EPS | $3.51 | $3.18 | +10.0% |
| Non-GAAP Diluted EPS | $3.57 | $3.22 | +11.0% |
Business Highlights
- ➤Declared a 4% increase in quarterly cash dividend to $1.93 per share.
- ➤Continued Accelerating the Organization to modernize ways of working.
- ➤Germany and Australia led positive comparable sales in International Operated Markets.
- ➤Japan led positive comparable sales in International Developmental Licensed Markets.
- ➤McDonald’s operates over 45,000 locations in more than 100 countries.
- ➤Approximately 95% of restaurants are owned and operated by independent local business owners.
- ➤Loyalty programs operate across 70 markets.
Management Commentary
Chris Kempczinski, Chairman and CEO
“McDonald's delivered another quarter of global growth, with solid performance across much of our international business. In the U.S., we're encouraged by improvement as the quarter progressed following our intervention on value,”
Chris Kempczinski, Chairman and CEO
“We're focused on building from here, strengthening the business today and investing in the next chapter of growth.”