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Mcdonalds (MCD) Operating Expenses (2016 - 2025)

Mcdonalds' Operating Expenses history spans 17 years, with the latest figure at $3.9 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 9.46% year-over-year to $3.9 billion; the TTM value through Dec 2025 reached $14.5 billion, up 2.01%, while the annual FY2025 figure was $14.5 billion, 2.0% up from the prior year.
  • Operating Expenses reached $3.9 billion in Q4 2025 per MCD's latest filing, up from $3.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.0 billion in Q2 2022 to a low of $2.8 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $3.5 billion, with a median of $3.5 billion recorded in 2023.
  • Peak YoY movement for Operating Expenses: increased 25.33% in 2022, then dropped 15.31% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $3.6 billion in 2021, then dropped by 7.41% to $3.3 billion in 2022, then grew by 7.77% to $3.6 billion in 2023, then decreased by 2.33% to $3.5 billion in 2024, then grew by 9.46% to $3.9 billion in 2025.
  • Per Business Quant, the three most recent readings for MCD's Operating Expenses are $3.9 billion (Q4 2025), $3.7 billion (Q3 2025), and $3.6 billion (Q2 2025).