KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

Restaurant Brands International (QSR) Operating Expenses (2016 - 2025)

Restaurant Brands International (QSR) has disclosed Operating Expenses for 12 consecutive years, with $1.8 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 11.08% to $1.8 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $7.2 billion, a 20.8% increase, with the full-year FY2025 number at $7.2 billion, up 20.8% from a year prior.
  • Operating Expenses was $1.8 billion for Q4 2025 at Restaurant Brands International, up from $1.8 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.9 billion in Q2 2025 to a low of $818.0 million in Q1 2021.
  • A 5-year average of $1.3 billion and a median of $1.2 billion in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: decreased 2.15% in 2021, then soared 40.08% in 2025.
  • Restaurant Brands International's Operating Expenses stood at $1.1 billion in 2021, then increased by 18.85% to $1.3 billion in 2022, then rose by 0.67% to $1.4 billion in 2023, then grew by 22.86% to $1.7 billion in 2024, then increased by 11.08% to $1.8 billion in 2025.
  • Per Business Quant, the three most recent readings for QSR's Operating Expenses are $1.8 billion (Q4 2025), $1.8 billion (Q3 2025), and $1.9 billion (Q2 2025).