MCD · Q3 FY25 · Jul 1 – Sep 30, 2025
McDonald's Q3 FY25: where the revenue came from and where it went
McDonald's Q3 FY25: revenue $7.1B (+3% year over year). Net profit $2.3B. Largest cohort International Operated Markets $3.7B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Nov 5, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$7.1B
+3% year over year
Gross profit$6.4B
91% margin
Operating profit$3.4B
47% margin
Net profit$2.3B
32% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.1 | 100% | +3% |
| International Operated Markets | 3.7 | 52% | +11% |
| US Market | 2.8 | 39% | +1% |
| International Developmental… | 0.6 | 8% | −21% |
| Cost of revenue | −0.7 | 10% | |
| Gross profit | 6.4 | 91% margin | +0pp |
| SG&A | −0.8 | 11% | +2pp |
| Other | −2.3 | 32% | +0pp |
| Operating profit | 3.4 | 47% margin | +1pp |
| Tax | −0.7 | ||
| Interest & other costs | −0.4 | ||
| Net profit | 2.3 | 32% | −1pp |
Older quarters
-
Q1 FY26 3/2026Revenue $6.5B Net margin 30%
-
Q4 FY25 12/2025Revenue $7B Net margin 31%
-
Q2 FY25 6/2025Revenue $6.8B Net margin 33%
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