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Restaurant Brands International (QSR) Cost of Revenue (2016 - 2025)

Restaurant Brands International (QSR) has disclosed Cost of Revenue for 12 consecutive years, with -$700.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 135.25% to -$700.0 million in Q4 2025 year-over-year; TTM through Sep 2025 was $2.7 billion, a 276.94% increase, with the full-year FY2024 number at $2.2 billion, up 2625.0% from a year prior.
  • Cost of Revenue was -$700.0 million for Q4 2025 at Restaurant Brands International, down from $403.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.0 billion in Q4 2024 to a low of -$1.7 billion in Q4 2023.
  • A 5-year average of $190.3 million and a median of $403.0 million in 2025 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: plummeted 404.32% in 2022, then surged 216.0% in 2024.
  • Restaurant Brands International's Cost of Revenue stood at $532.0 million in 2021, then tumbled by 404.32% to -$1.6 billion in 2022, then decreased by 5.74% to -$1.7 billion in 2023, then soared by 216.0% to $2.0 billion in 2024, then plummeted by 135.25% to -$700.0 million in 2025.
  • Per Business Quant, the three most recent readings for QSR's Cost of Revenue are -$700.0 million (Q4 2025), $403.0 million (Q3 2025), and $288.0 million (Q2 2025).