undamentalytics Newsletter

Restaurant Brands International Inc. revenue

Restaurant Brands International Inc.'s revenue was $9.43bn in fiscal 2025, up 12.2% on the year before. Since fiscal 2012 ($1.97bn) it has grown at a compound 12.8% a year. Over the last twelve months it was $9.78bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Restaurant Brands International Inc.: revenue history, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue1,9711,1461,1994,0524,1464,5765,3575,6034,9685,7396,5057,0228,4069,4349,775
Growth on the year before—−41.8%+4.6%+238.0%+2.3%+10.4%+17.1%+4.6%−11.3%+15.5%+13.3%+7.9%+19.7%+12.2%—
Gross profit727743827—2,4192,7263,5393,7903,3583,8494,1934,587———
Gross margin36.9%64.8%68.9%—58.3%59.6%66.1%67.6%67.6%67.1%64.5%65.3%———

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Tim Hortons $4.2B 45.0% ▲ 5.1%
Restaurant Holdings $1.8B 19.5% ▲ 64.9%
Burger King $1.3B 14.0% ▼ 1.3%
International $998M 10.6% ▲ 6.7%
Popeyes Louisiana Kitchen $800M 8.5% ▲ 4.2%
Firehouse Subs $232M 2.5% ▲ 8.4%
Products and services
Line of business Revenue YoY
Royalty Property Revenue and Franchisor $3B ▲ 1.4%
Royalty $2B ▲ 1.9%
Advertising $1.2B ▲ 2.5%
Franchisor $151M ▲ 6.3%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $4.6B 48.3% ▲ 20.5%
Canada $3.8B 40.8% ▲ 4.4%
Others $1B 10.9% ▲ 9.8%

From Restaurant Brands International Inc.'s 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Restaurants: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Restaurant Brands International Inc. $9.78bn 5.5% 12.4%
Yum! Brands $8.72bn 10.3% 7.7%
Yum China Holdings, Inc. $12.44bn 8.8% 6.3%
Chipotle Mexican Grill $12.71bn 7.9% 10.1%
Darden Restaurants $13.37bn 8.1% 7.5%
Texas Roadhouse, Inc. $6.23bn 9.9% 12.7%

Compare with peers

Head to head: QSR vs YUMQSR vs YUMCCMG vs QSRDRI vs QSR

More: Restaurants stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Restaurant Brands International Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Restaurant Brands International Inc.