Mcdonalds annual operating expenses
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Mcdonalds Operating Expenses Growth & History (MCD)
Mcdonalds's operating expenses was $14.49B for fiscal 2025.
View full Mcdonalds company overviewMcdonalds annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $14.49B | $284.0M | +2.00% |
| 2024 | 2024-12-31 | $14.21B | $361.0M | +2.61% |
| 2023 | 2023-12-31 | $13.85B | $35.0M | +0.25% |
| 2022 | 2022-12-31 | $13.81B | $945.1M | +7.35% |
| 2021 | 2021-12-31 | $12.87B | $983.1M | +8.27% |
| 2020 | 2020-12-31 | $11.88B | −$410.8M | −3.34% |
| 2019 | 2019-12-31 | $12.29B | −$140.7M | −1.13% |
| 2018 | 2018-12-31 | $12.44B | −$832.4M | −6.27% |
| 2017 | 2017-12-31 | $13.27B | −$3.61B | −21.39% |
| 2016 | 2016-12-31 | $16.88B | −$1.39B | −7.61% |
| 2015 | 2015-12-31 | $18.27B | −$1.22B | −6.28% |
| 2014 | 2014-12-31 | $19.49B | $150.7M | +0.78% |
| 2013 | 2013-12-31 | $19.34B | $379.0M | +2.00% |
| 2012 | 2012-12-31 | $18.96B | $486.1M | +2.63% |
| 2011 | 2011-12-31 | $18.48B | $1.87B | +11.29% |
| 2010 | 2010-12-31 | $16.60B | $697.8M | +4.39% |
| 2009 | 2009-12-31 | $15.90B | −$1.18B | −6.88% |
| 2008 | 2008-12-31 | $17.08B | −$1.83B | −9.67% |
| 2007 | 2007-12-31 | $18.91B | — | — |
Mcdonalds quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.76B | $149.0M | +4.13% |
| Q1 2026 | 2026-03-31 | $3.56B | $256.0M | +7.74% |
| Q4 2025 | 2025-12-31 | $3.85B | $332.0M | +9.43% |
| Q3 2025 | 2025-09-30 | $3.72B | $36.0M | +0.98% |
| Q2 2025 | 2025-06-30 | $3.61B | $41.0M | +1.15% |
| Q1 2025 | 2025-03-31 | $3.31B | −$125.0M | −3.64% |
| Q4 2024 | 2024-12-31 | $3.52B | −$85.0M | −2.36% |
| Q3 2024 | 2024-09-30 | $3.69B | $201.0M | +5.77% |
| Q2 2024 | 2024-06-30 | $3.57B | $177.0M | +5.22% |
| Q1 2024 | 2024-03-31 | $3.43B | $68.0M | +2.02% |
| Q4 2023 | 2023-12-31 | $3.60B | $260.8M | +7.80% |
| Q3 2023 | 2023-09-30 | $3.48B | $375.8M | +12.09% |
| Q2 2023 | 2023-06-30 | $3.39B | −$613.6M | −15.31% |
| Q1 2023 | 2023-03-31 | $3.37B | $12.0M | +0.36% |
| Q4 2022 | 2022-12-31 | $3.34B | −$267.8M | −7.41% |
| Q3 2022 | 2022-09-30 | $3.11B | −$106.6M | −3.32% |
| Q2 2022 | 2022-06-30 | $4.01B | $809.8M | +25.33% |
| Q1 2022 | 2022-03-31 | $3.35B | $509.7M | +17.93% |
| Q4 2021 | 2021-12-31 | $3.61B | $441.1M | +13.91% |
| Q3 2021 | 2021-09-30 | $3.21B | $323.1M | +11.17% |
| Q2 2021 | 2021-06-30 | $3.20B | $396.4M | +14.16% |
| Q1 2021 | 2021-03-31 | $2.84B | −$177.5M | −5.88% |
| Q4 2020 | 2020-12-31 | $3.17B | $35.3M | +1.13% |
| Q3 2020 | 2020-09-30 | $2.89B | −$201.3M | −6.51% |
| Q2 2020 | 2020-06-30 | $2.80B | −$335.5M | −10.70% |
| Q1 2020 | 2020-03-31 | $3.02B | $90.7M | +3.10% |
| Q4 2019 | 2019-12-31 | $3.14B | −$260.6M | −7.67% |
| Q3 2019 | 2019-09-30 | $3.09B | $141.3M | +4.79% |
| Q2 2019 | 2019-06-30 | $3.14B | $44.3M | +1.43% |
| Q1 2019 | 2019-03-31 | $2.93B | −$65.7M | −2.19% |
| Q4 2018 | 2018-12-31 | $3.40B | $200.2M | +6.26% |
| Q3 2018 | 2018-09-30 | $2.95B | $276.5M | +10.34% |
| Q2 2018 | 2018-06-30 | $3.09B | −$663.0M | −17.66% |
| Q1 2018 | 2018-03-31 | $3.00B | −$646.1M | −17.74% |
| Q4 2017 | 2017-12-31 | $3.20B | −$863.9M | −21.28% |
| Q3 2017 | 2017-09-30 | $2.68B | −$1.61B | −37.59% |
| Q2 2017 | 2017-06-30 | $3.75B | −$652.5M | −14.81% |
| Q1 2017 | 2017-03-31 | $3.64B | −$481.7M | −11.68% |
| Q4 2016 | 2016-12-31 | $4.06B | −$401.0M | −8.99% |
| Q3 2016 | 2016-09-30 | $4.29B | −$298.0M | −6.50% |
| Q2 2016 | 2016-06-30 | $4.41B | −$241.3M | −5.19% |
| Q1 2016 | 2016-03-31 | $4.12B | −$449.8M | −9.84% |
| Q4 2015 | 2015-12-31 | $4.46B | −$359.6M | −7.46% |
| Q3 2015 | 2015-09-30 | $4.58B | −$329.8M | −6.71% |
| Q2 2015 | 2015-06-30 | $4.65B | −$344.3M | −6.90% |
| Q1 2015 | 2015-03-31 | $4.57B | −$190.9M | −4.01% |
| Q4 2014 | 2014-12-31 | $4.82B | −$72.3M | −1.48% |
| Q3 2014 | 2014-09-30 | $4.91B | $7.9M | +0.16% |
| Q2 2014 | 2014-06-30 | $4.99B | $106.6M | +2.18% |
| Q1 2014 | 2014-03-31 | $4.76B | $108.5M | +2.33% |
| Q4 2013 | 2013-12-31 | $4.89B | $138.5M | +2.91% |
| Q3 2013 | 2013-09-30 | $4.91B | $41.5M | +0.85% |
| Q2 2013 | 2013-06-30 | $4.89B | $125.2M | +2.63% |
| Q1 2013 | 2013-03-31 | $4.66B | $73.8M | +1.61% |
| Q4 2012 | 2012-12-31 | $4.75B | $51.6M | +1.10% |
| Q3 2012 | 2012-09-30 | $4.87B | $93.6M | +1.96% |
| Q2 2012 | 2012-06-30 | $4.76B | $44.6M | +0.95% |
| Q1 2012 | 2012-03-31 | $4.58B | $296.3M | +6.91% |
| Q4 2011 | 2011-12-31 | $4.70B | $345.8M | +7.94% |
| Q3 2011 | 2011-09-30 | $4.77B | $563.2M | +13.38% |
| Q2 2011 | 2011-06-30 | $4.72B | $616.1M | +15.03% |
| Q1 2011 | 2011-03-31 | $4.29B | $349.7M | +8.88% |
| Q4 2010 | 2010-12-31 | $4.36B | $209.8M | +5.06% |
| Q3 2010 | 2010-09-30 | $4.21B | $94.5M | +2.30% |
| Q2 2010 | 2010-06-30 | $4.10B | $134.5M | +3.39% |
| Q1 2010 | 2010-03-31 | $3.94B | $259.0M | +7.04% |
| Q4 2009 | 2009-12-31 | $4.15B | — | — |
| Q3 2009 | 2009-09-30 | $4.11B | −$329.7M | −7.42% |
| Q2 2009 | 2009-06-30 | $3.97B | −$455.4M | −10.30% |
| Q1 2009 | 2009-03-31 | $3.68B | — | — |
| Q3 2008 | 2008-09-30 | $4.44B | — | — |
| Q2 2008 | 2008-06-30 | $4.42B | — | — |
Mcdonalds operating expenses trends
Over the last five fiscal years, Mcdonalds's operating expenses increased from $11.88B to $14.49B, a change of $2.61B. The latest reported quarter, Q2 2026, shows $3.76B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mcdonalds source filings ↗