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What changed in McDONALD’S CORPORATION's latest annual report

In the year ended 31 Dec 2025, McDONALD’S CORPORATION's revenue rose 3.7% to USD 26.89bn, from USD 25.92bn; net income rose 4.1% to USD 8.56bn, from USD 8.22bn; cash and cash equivalents fell 28.7% to USD 774.00m, from USD 1.08bn.

Year ended 31 Dec 2025. Source: 10-K filed 24 Feb 2026, read it on SEC EDGAR.

USD 25.92bn to USD 26.89bn

Revenue, up 3.7% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue25.92bn26.89bnUp 3.7%
Net income8.22bn8.56bnUp 4.1%
Total assets55.18bn59.52bnUp 7.9%
Long-term debt38.42bn39.97bnUp 4%
Cash and cash equivalents1.08bn774.00mDown 28.7%
Shareholders' equity-3.80bn-1.79bnNot comparable

Questions people ask

Did McDONALD’S CORPORATION's revenue grow last year?

Revenue grew 3.7%, from USD 25.92bn to USD 26.89bn in the year ended 31 Dec 2025.

Is McDONALD’S CORPORATION profitable?

Yes. Net income was USD 8.56bn in the year ended 31 Dec 2025. The year before: USD 8.22bn.

How much cash and debt does McDONALD’S CORPORATION have?

At its latest year end (31 Dec 2025), McDONALD’S CORPORATION reported cash and cash equivalents of USD 774.00m and long-term debt of USD 39.97bn.

Where do these numbers come from?

From McDONALD’S CORPORATION's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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McDONALD’S CORPORATION (MCD) 10-K: what changed year on year | LYNORIQ Insights