Restaurant Brands International Limited Partnership (RSTRF) Operating Expenses (2014 - 2026)
Restaurant Brands International Limited Partnership's (RSTRF) quarterly Operating Expenses came in at $1.8 billion in Q2 2026, down 6.38% year-over-year from $1.9 billion in Q2 2025, and up 8.81% quarter-over-quarter from $1.7 billion in Q1 2026.
Restaurant Brands International Limited Partnership (RSTRF) Operating Expenses (2014 - 2026) Analysis & Trends
Restaurant Brands International Limited Partnership (RSTRF) has reported Operating Expenses for 13 consecutive years, with $1.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 6.38% year-over-year to $1.8 billion in Q2 2026; TTM through Jun 2026 was $7.1 billion, a 1.68% increase from a year earlier, with the FY2025 full-year figure at $7.2 billion, up 20.8% from the prior year.
- Operating Expenses was $1.8 billion for Q2 2026 at Restaurant Brands International Limited Partnership, up from $1.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.9 billion in Q2 2025 and troughed at $1.0 billion in Q1 2022.
- A 5-year average of $1.5 billion and a median of $1.4 billion in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 40.08% in 2025 and retreated 6.38% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $1.3 billion in 2022, then grew by 0.67% to $1.4 billion in 2023, then increased by 22.86% to $1.7 billion in 2024, then climbed by 11.08% to $1.8 billion in 2025, then slipped by 2.22% to $1.8 billion in 2026.
- The last three Operating Expenses figures came in at $1.8 billion (Q2 2026), $1.7 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 2.82 Bn |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 3.20 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 2.79 Bn |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 1.54 Bn |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 115.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Bn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.85 Bn |
| Sep 30, 2025 | 1.79 Bn |
| Jun 30, 2025 | 1.93 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 1.66 Bn |
| Sep 30, 2024 | 1.71 Bn |
| Jun 30, 2024 | 1.42 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.26 Bn |
| Jun 30, 2023 | 1.22 Bn |
| Mar 31, 2023 | 1.14 Bn |
| Dec 31, 2022 | 1.34 Bn |
| Sep 30, 2022 | 1.17 Bn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.00 Bn |
| Dec 31, 2021 | 1.13 Bn |
| Sep 30, 2021 | 962.00 Mn |
Restaurant Brands International Limited Partnership Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=RSTRF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "RSTRF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=RSTRF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();