McDonald’s Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of McDonald’s Corporation (MCD). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| International Operated Markets | $2.92B 49.0% | $3.46B 50.6% | $3.33B 51.0% | $3.60B 50.8% |
| U.S. | $2.49B 41.9% | $2.78B 40.6% | $2.58B 39.6% | $2.83B 39.8% |
| International Developmental Licensed Markets and Corporate | $546.0M 9.2% | $600.0M 8.8% | $610.0M 9.4% | $669.0M 9.4% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| International Operated Markets | $1.29B 44.2% | $1.64B 47.2% | $1.51B 45.3% | $1.72B 47.8% |
| U.S. | $1.30B 52.2% | $1.53B 54.9% | $1.38B 53.4% | $1.57B 55.6% |
| International Developmental Licensed Markets and Corporate | $57.0M 10.4% | $70.0M 11.7% | $67.0M 11.0% | $42.0M 6.3% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.