Restaurant Brands International (QSR) Gross Margin (2014 - 2026)

Restaurant Brands International (QSR) has 13 years of Gross Margin data on file, last reported at 94.61% in Q1 2026.

• On a quarterly basis, Gross Margin rose 1680.0% year-over-year to 94.61% in Q1 2026; TTM through Mar 2026 was 101.56%, a 3535.0% increase from a year earlier, with the FY2025 full-year figure at 100.0%, up 2593.0% from the prior year.
• Gross Margin for Q1 2026 stood at 94.61%, down from 115.86% in the prior quarter.
• Over the last five years, Gross Margin for QSR reached as high as 197.99% in Q4 2022 and fell as low as 5.05% in Q4 2024.
• Historically, Gross Margin has averaged 94.66% across 5 years, with a median of 94.63% in 2024.
• Across the five-year window, Gross Margin surged 13240 bps in 2022 and tumbled 18396 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 197.99% in 2022, then dropped by 5 bps to 189.01% in 2023, then tumbled by 97 bps to 5.05% in 2024, then soared by 2193 bps to 115.86% in 2025, then fell by 18 bps to 94.61% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 94.61% in Q1 2026, 115.86% in Q4 2025, and 95.14% in Q3 2025.