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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.26B | $2.47B | $2.45B | $2.41B | $2.11B | $2.30B | $2.29B |
| Cost of revenue | $1.14B | $1.04B | $1.16B | $1.12B | $1.09B | $964.00M | $1.04B | $1.03B |
| Gross profit | $1.38B | $1.22B | $1.30B | $1.33B | $1.32B | $1.15B | $1.25B | $1.26B |
| Gross margin | 54.6% | 54.0% | 52.8% | 54.4% | 54.9% | 54.3% | 54.5% | 55.0% |
| Selling, general and administrative | $550.00M | $521.00M | $533.00M | $512.00M | $552.00M | $502.00M | $557.00M | $503.00M |
| Operating expenses | $663.00M | $619.00M | $664.00M | $659.00M | $845.00M | $715.00M | $707.00M | $637.00M |
| Operating income | $714.00M | $604.00M | $639.00M | $673.00M | $478.00M | $430.00M | $545.00M | $622.00M |
| Operating margin | 28.3% | 26.7% | 25.9% | 27.5% | 19.8% | 20.4% | 23.7% | 27.1% |
| EBITDA | $791.00M | $682.00M | $715.00M | $750.00M | $555.00M | $501.00M | $622.00M | $701.00M |
| Interest income | $5.00M | $0 | −$125.00M | −$129.00M | $6.00M | $0 | −$135.00M | −$147.00M |
| Interest expense | −$129.00M | −$123.00M | $0 | — | −$138.00M | −$130.00M | $0 | — |
| Income before taxes | $592.00M | $483.00M | $494.00M | $534.00M | $351.00M | $305.00M | $500.00M | $429.00M |
| Income taxes | −$73.00M | $38.00M | $220.00M | $94.00M | $87.00M | $82.00M | $139.00M | $72.00M |
| Net income | $665.00M | $445.00M | $155.00M | $436.00M | $263.00M | $223.00M | $361.00M | $357.00M |
| Net margin | 26.4% | 19.7% | 6.3% | 17.8% | 10.9% | 10.6% | 15.7% | 15.6% |
| EPS, basic | $1.46 | $0.98 | $0.34 | $0.96 | $0.58 | $0.49 | $0.79 | $0.79 |
| EPS, diluted | $1.45 | $0.97 | $0.25 | $0.96 | $0.57 | $0.49 | $0.57 | $0.79 |
| Diluted shares | 460.00M | 459.00M | 458.00M | 457.00M | 457.00M | 456.00M | 456.00M | 454.00M |
Figures describe Restaurant Brands International shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.