Mcdonalds (MCD) Operating Expenses (2009 - 2026)

Mcdonalds has reported Operating Expenses for 18 years, with the latest figure at $3.6 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 7.74% year-over-year to $3.6 billion; the trailing twelve-month figure through Mar 2026 stood at $14.7 billion (up 4.73% YoY), and the FY2025 full-year result was $14.5 billion, up 2.0% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.6 billion, down from $3.9 billion in the prior quarter.
• The five-year high for Operating Expenses was $4.0 billion in Q2 2022, with the low at $3.1 billion in Q3 2022.
• Historically, Operating Expenses has averaged $3.5 billion across 5 years, with a median of $3.5 billion in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses grew 25.33% — and 2023, when it slipped 15.31%.
• Mcdonalds' Operating Expenses stood at $3.3 billion in 2022, then advanced by 7.77% to $3.6 billion in 2023, then slipped by 2.33% to $3.5 billion in 2024, then advanced by 9.46% to $3.9 billion in 2025, then declined by 7.5% to $3.6 billion in 2026.
• The last three Operating Expenses figures came in at $3.6 billion (Q1 2026), $3.9 billion (Q4 2025), and $3.7 billion (Q3 2025), per Business Quant data.