# Mcdonald's (MCD) — Earnings

MCD · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/mcd/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $3.38 |
| EPS estimate | $3.32 |
| EPS surprise | +1.86% |
| Revenue surprise | −0.42% |
| Revenue | $7.1B |
| Revenue estimate | $7.1B |
| Reported | Aug 4, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/63908/000006390826000073/mcd-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/848340fa-967f-669b-03c9-007b1d50f75d.html) |

McDonald's reported Q2 2026 results on August 4, 2026. Earnings per share were $3.38, beating the $3.32 estimate by 1.86%. Revenue of $7.1 billion came in 0.42% below the estimate, which also rounds to $7.1 billion. Compared with Q2 2025, EPS rose about 6% from $3.19 and revenue rose about 4% from $6.8 billion.

Annual EPS rose from $10.10 in 2022 to $11.94 in 2023, dipped to $11.73 in 2024 and reached $12.20 in 2025. Annual revenue rose every year, from $23.2 billion to $26.9 billion, about 16% higher over that span. The first half of 2026 totals $6.21 per share, about 6% more than the first half of 2025. Q2 2026 set the highs in the table for both quarterly EPS and revenue. Over the last 20 quarters, McDonald's beat EPS estimates 15 times. Its five misses were all within 4.53%, and its largest beat was 13.84% in Q2 2023.

McDonald's reported Q3 between October 27 and November 5 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether the year-over-year growth of the first half carries into the third quarter.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 4, 2026 | $3.32 | $3.38 | 1.86% | $7.1B | $7.1B |
| Q1 2026 | May 7, 2026 | $2.74 | $2.83 | 3.11% | $6.5B | $6.5B |
| Q4 2025 | Feb 11, 2026 | $3.05 | $3.12 | 2.43% | $6.8B | $7.0B |
| Q3 2025 | Nov 5, 2025 | $3.33 | $3.22 | -3.21% | $7.1B | $7.1B |
| Q2 2025 | Aug 6, 2025 | $3.14 | $3.19 | 1.45% | $6.7B | $6.8B |
| Q1 2025 | May 1, 2025 | $2.66 | $2.67 | 0.30% | $6.1B | $6.0B |
| Q4 2024 | Feb 10, 2025 | $2.85 | $2.83 | -0.67% | $6.4B | $6.4B |
| Q3 2024 | Oct 29, 2024 | $3.21 | $3.23 | 0.78% | $6.8B | $6.9B |
| Q2 2024 | Jul 29, 2024 | $3.07 | $2.97 | -3.39% | $6.6B | $6.5B |
| Q1 2024 | Apr 30, 2024 | $2.72 | $2.70 | -0.64% | $6.2B | $6.2B |
| Q4 2023 | Feb 5, 2024 | $2.83 | $2.95 | 4.37% | $6.4B | $6.4B |
| Q3 2023 | Oct 30, 2023 | $3.00 | $3.19 | 6.29% | $6.6B | $6.7B |
| Q2 2023 | Jul 27, 2023 | $2.78 | $3.17 | 13.84% | $6.3B | $6.5B |
| Q1 2023 | Apr 25, 2023 | $2.33 | $2.63 | 12.69% | $5.6B | $5.9B |
| Q4 2022 | Jan 31, 2023 | $2.46 | $2.59 | 5.50% | $5.7B | $5.9B |
| Q3 2022 | Oct 27, 2022 | $2.58 | $2.68 | 3.94% | $5.7B | $5.9B |
| Q2 2022 | Jul 26, 2022 | $2.47 | $2.55 | 3.32% | $5.8B | $5.7B |
| Q1 2022 | Apr 28, 2022 | $2.17 | $2.28 | 5.23% | $5.6B | $5.7B |
| Q4 2021 | Jan 27, 2022 | $2.34 | $2.23 | -4.53% | $6.0B | $6.0B |
| Q3 2021 | Oct 27, 2021 | $2.46 | $2.76 | 12.19% | $6.1B | $6.2B |

## Frequently Asked Questions

### When did Mcdonald's (MCD) last report earnings?

Mcdonald's last reported on Aug 4, 2026, covering fiscal Q2 2026.

### Did MCD beat earnings estimates?

Yes. Mcdonald's reported EPS of $3.38 for Q2 2026 against a $3.32 estimate — a 1.86% beat.

### How much revenue did MCD report last quarter?

Mcdonald's reported $7.1B in revenue for Q2 2026, against a consensus estimate of $7.1B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).