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Earnings check · MCD

McDonald's third quarter fiscal 2026 results

MCD

Revenue $7.2B
GAAP EPS $3.51

McDonald's reported $7.16 billion in revenue, $2.49 billion in net income and $3.51 in GAAP diluted EPS, with Systemwide sales up 4% and a higher dividend.

McDonald's (MCD) · Fiscal Q3 2026 · Form 8-K filed Nov 4, 2026

Key figureThis quarter
Revenue$7.16 billion
Net income (GAAP)$2.49 billion
Diluted EPS (GAAP)$3.51

Results

Revenue was $7,157 million for the quarter ended September 30, 2026, against $7,078 million in the prior-year quarter. Year-to-date revenue was $20,773 million, compared with $19,876 million a year earlier.

Net income was $2,486 million, up from $2,278 million a year ago.

GAAP diluted earnings per share were $3.51, compared with $3.18 in the same quarter last year.

What else stood out

Global Systemwide sales rose 4% to more than $38 billion for the quarter. Consolidated operating income increased 7%, also 7% in constant currencies.

Systemwide sales to loyalty members reached more than $11 billion for the quarter and $41 billion over the trailing twelve months across 70 loyalty markets.

The company declared a 4% increase in its quarterly cash dividend to $1.93 per share.

The quarterly figures extend a rising run: revenue moved from $6,517 million in the March 2026 quarter to $7,099 million in June 2026 and $7,157 million now. GAAP diluted EPS went from $2.78 to $3.32 to $3.51 over the same three quarters, and net income from $1,983 million to $2,362 million to $2,486 million.

Charts (GAAP)

McDonald's quarterly revenue (GAAP) by fiscal quarter end; the last bar is this 8-K's figure
McDonald's quarterly revenue (GAAP) by fiscal quarter end; the last bar is this 8-K's figure
McDonald's quarterly diluted EPS (GAAP) by fiscal quarter end; the last bar is this 8-K's figure
McDonald's quarterly diluted EPS (GAAP) by fiscal quarter end; the last bar is this 8-K's figure

Charts show GAAP figures from SEC filings; the last bar marked 8-K is this release. A gap means the company did not report that quarter separately.

Sources

Rick Liu

AI & software engineer, University of Waterloo. Built PreBell to read earnings the way an analyst would, without the analyst.

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