International Operated Markets was Mcdonalds’s largest segment in fiscal 2025, bringing in $13.63B of $26.89B (51%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| International Operated Markets | $11.30B | $12.38B | $12.63B | $13.63B | ||||||||||||
| Europe | — | — | — | — | ||||||||||||
| U.S | $9.59B | $10.57B | $10.63B | $10.83B | ||||||||||||
| International Lead Markets | — | — | — | — | ||||||||||||
| Apmea | — | — | — | — | ||||||||||||
| High-Growth Markets | — | — | — | — | ||||||||||||
| International Developmental Licensed Markets Corporate | $2.30B | $2.54B | $2.66B | $2.43B | ||||||||||||
| Foundational Markets & Corporate | — | — | — | — | ||||||||||||
| Other Countries &Amp; Corporate | — | — | — | — | ||||||||||||
| Total | $23.18B | $25.49B | $25.92B | $26.89B |
Mcdonalds brought in $26.89B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 3.7% from $25.92B in fiscal 2024. International Operated Markets was the largest at $13.63B (50.7%), ahead of U.S at $10.83B (40.3%) and International Developmental Licensed Markets Corporate at $2.43B (9.0%).
Compared with fiscal 2024, International Operated Markets grew fastest, up 8.0% to $13.63B, while International Developmental Licensed Markets Corporate fell the most, down 8.8% to $2.43B. From fiscal 2022 to 2025, combined revenue from these segments grew from $23.18B to $26.89B, a compound annual growth rate of 5.1%. International Operated Markets' share of the total rose from 48.7% to 50.7%.
Mcdonalds (MCD) reports its revenue by segment. In fiscal 2025, International Operated Markets was its largest segment, bringing in $13.63B (50.7% of the total), followed by U.S at $10.83B (40.3%).
International Operated Markets was Mcdonalds' largest segment in fiscal 2025, bringing in $13.63B, or 50.7% of the $26.89B total across its three segments.
Among Mcdonalds' segments that make up at least 2% of revenue, International Operated Markets grew fastest in fiscal 2025, up 8.0% from $12.63B to $13.63B.
Every figure comes from Mcdonalds' annual financial filings, as reported. Each line keeps the name Mcdonalds gives it, and years follow its fiscal calendar.
Mcdonalds' revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.