Restaurant Brands International (QSR) Cost of Revenue (2014 - 2026)

Restaurant Brands International (QSR) has 13 years of Cost of Revenue data on file, last reported at $122.0 million in Q1 2026.

• Quarterly Cost of Revenue fell 67.81% year-over-year to $122.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $258.0 million (down 91.09% YoY) and the FY2025 annual result came in at $96.0 million, down 95.6% from the prior year.
• Cost of Revenue grew to $122.0 million in Q1 2026 per QSR's latest filing, from $96.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.2 billion in Q4 2024 and bottomed at -$1.7 billion in Q4 2022.
• The 5-year median for Cost of Revenue is $194.0 million (2024), against an average of $181.7 million.
• The widest annual swing landed in 2022, when Cost of Revenue sank 411.65%; it then surged 234.57% in 2024.
• Tracing QSR's Cost of Revenue over 5 years: stood at -$1.7 billion in 2022, then gained by 2.29% to -$1.6 billion in 2023, then surged by 234.57% to $2.2 billion in 2024, then plunged by 95.6% to $96.0 million in 2025, then grew by 27.08% to $122.0 million in 2026.
• Per Business Quant, the three latest QSR Cost of Revenue figures stand at $122.0 million (Q1 2026), $96.0 million (Q4 2025), and $40.0 million (Q2 2025).

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