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Mcdonalds (MCD) Operating Expenses (2016 - 2025)

Mcdonalds (MCD) has disclosed Operating Expenses for 15 consecutive years, with $3.9 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 9.46% year-over-year to $3.9 billion, compared with a TTM value of $14.5 billion through Dec 2025, up 2.0%, and an annual FY2025 reading of $14.5 billion, up 2.0% over the prior year.
  • Operating Expenses was $3.9 billion for Q4 2025 at Mcdonalds, up from $3.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.0 billion in Q2 2022 and bottomed at $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.
  • The sharpest move saw Operating Expenses increased 25.33% in 2022, then dropped 15.31% in 2023.
  • Year by year, Operating Expenses stood at $3.6 billion in 2021, then dropped by 7.41% to $3.3 billion in 2022, then increased by 7.8% to $3.6 billion in 2023, then decreased by 2.36% to $3.5 billion in 2024, then grew by 9.46% to $3.9 billion in 2025.
  • Business Quant data shows Operating Expenses for MCD at $3.9 billion in Q4 2025, $3.7 billion in Q3 2025, and $3.6 billion in Q2 2025.