McDonald’s Corporation reported a solid financial performance for the fourth quarter and full year ended December 31, 2025, underscoring the strength of its value-led strategy and growing global customer engagement.
In the fourth quarter, global comparable sales rose 5.7%, supported by positive guest counts across markets. The U.S. led growth with a 6.8% increase, followed by International Operated Markets at 5.2% and International Developmental Licensed Markets at 4.5%. Consolidated revenues increased 10%, while systemwide sales grew 11%, reflecting strong momentum across segments. Operating income rose 10%, despite pre-tax restructuring charges linked to the company’s ‘Accelerating the Organization’ initiative. Diluted earnings per share stood at $3.03, up 8%, while adjusted EPS reached $3.12. McDonald’s also announced a 5% hike in its quarterly dividend to $1.86 per share.
For the full year, global comparable sales increased 3.1%, with International Developmental Licensed Markets posting the highest growth at 4.6%. Systemwide sales climbed 7% to over $139 billion, marking an annual increase of $9 billion. Consolidated revenues rose 4%, while operating income grew 6% year-on-year, despite restructuring-related charges. Full-year diluted EPS reached $11.95, increasing 5%, with adjusted EPS at $12.20.
A key growth driver continued to be McDonald’s loyalty ecosystem. Across 70 loyalty markets, systemwide sales to loyalty members surged 20% to nearly $37 billion, with 90-day active users rising 19% to approximately 210 million by year-end.
Commenting on the results, Chairman and CEO Chris Kempczinski highlighted the company’s focus on value, affordability, and customer listening, noting that these efforts have strengthened traffic, reinforced brand trust, and positioned McDonald’s for sustained long-term growth.
