$MCD · MCDONALDS CORP
McDonald's filed its Q3 FY2026 10-Q. Revenue grew 1.1% to $7.157B, net income rose 9% to $2.486B, and diluted EPS reached $3.51 versus $3.18. Operating margin was 50.2%. Systemwide restaurants grew to 46,554 from 44,599, driven by franchised expansion while company-owned locations fell to 1,924 from 2,053.
- Net income rose 9% to $2.486B for the quarter.
- Revenue grew 1.1% to $7.157B.
- Diluted EPS was $3.51, up from $3.18.
- Systemwide restaurants reached 46,554, up from 44,599.
- Company-owned stores fell to 1,924 from 2,053.
Shares traded at $277.66, up 0.37% from the filing-time price of $276.65, a muted reaction to in-line results.
Steady single-digit growth and margin stability show McDonald's holding its own amid a continued refranchising strategy.
McDonald's continued its asset-light refranchising shift, with franchised units driving all systemwide growth while company-owned stores declined.
Foreign currency translation was a modest headwind in the quarter, with the Euro weakening against the dollar, though constant-currency net income still rose 9%.