Q2 2026 Earnings

U.S. Comparable Sales

0.8%

Comparable Sales Comparable sales is a key performance indicator used within the retail industry and is reviewed by management to assess business trends. Comparable sales exclude the impact of currency translation and sales from hyperinflationary markets. Increases or decreases in comparable sales represent the percent change in constant currency sales from the same period in the prior year for all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Increase/(Decrease) Quarters Ended June 30, | | | | Six Months Ended June 30, 2026 | | 2025 | | | | 2026 | | 2025 U.S. | | 0.8 | | % | | 2.5 | | % | | | | 2.3 | | % | | (0.5) | | % International Operated Markets | | 1.5 | | | | 4.0 | | | | | | 2.6 | | | | 1.6 International Developmental Licensed Markets | | 1.9 | | | | 5.6 | | | | | | 2.6 | | | | 4.5 Total Company | | 1.3 | | % | | 3.8 | | % | | | | 2.5 | | % | | 1.4 | | %

Loyalty Markets

70

McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026. THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. Free cash flow , defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company’s ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.

Loyalty Member Systemwide Sales

$40.00B

McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026. THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. Free cash flow , defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company’s ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.

Loyalty Member Systemwide Sales Growth

20.0%

McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026. THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. Free cash flow , defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company’s ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.

90-Day Active Loyalty User Growth

13.0%

McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026. THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. Free cash flow , defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company’s ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.

90-Day Active Loyalty Users

220.0M

McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026. THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. Free cash flow , defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company’s ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.

Conventional Franchised Sales

$24.79B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

Developmental Licensed Sales

$6.18B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

Foreign Affiliated Sales

$3.48B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

International Developmental Licensed Markets Franchised Sales

$9.47B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

International Operated Markets Franchised Sales

$11.46B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

Total Franchised Sales

$34.45B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

U.S. Franchised Sales

$13.52B

FRANCHISED SALES Dollars in millions Quarters Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 13,523 | | | | | | $ | | 13,231 | | | | 2 | | % | | 2 | | % International Operated Markets | | 11,456 | | | | | | 10,712 | | | | 7 | | | | 4 International Developmental Licensed Markets | | 9,473 | | | | | | 8,817 | | | | 7 | | | | 7 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Ownership type Conventional franchised | | $ | | 24,792 | | | | | | $ | | 23,780 | | | | 4 | | % | | 3 | | % Developmental licensed | | 6,185 | | | | | | 5,656 | | | | 9 | | | | 7 Foreign affiliated | | 3,475 | | | | | | 3,323 | | | | 5 | | | | 6 Total | | $ | | 34,451 | | | | | | $ | | 32,760 | | | | 5 | | % | | 4 | | % Six Months Ended June 30, | | 2026 | | | | 2025 | | Inc/ (Dec) | | Inc/ (Dec) Excluding Currency Translation U.S. | | $ | | 25,911 | | | | | | $ | | 25,003 | | | | 4 | | % | | 4 | | % International Operated Markets | | 21,954 | | | | | | 19,696 | | | | 11 | | | | 5 International Developmental Licensed Markets | | 18,503 | | | | | | 16,865 | | | | 10 | | | | 7 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | % Ownership type Conventional franchised | | $ | | 47,528 | | | | | | $ | | 44,412 | | | | 7 | | % | | 4 | | % Developmental licensed | | 11,884 | | | | | | 10,601 | | | | 12 | | | | 8 Foreign affiliated | | 6,956 | | | | | | 6,550 | | | | 6 | | | | 6 Total | | $ | | 66,368 | | | | | | $ | | 61,564 | | | | 8 | | % | | 5 | | %

SG&A as a Percentage of Systemwide Sales

2.2%

Selling, General & Administrative Expenses • Selling, general and administrative expenses increased $117 million, or 17% (16% in constant currencies) for the quarter and $193 million, or 14% (12% in constant currencies) for the six months. Results for both periods primarily reflected higher employee costs, including incentive-based compensation, and costs related to the 2026 Worldwide Owner/Operator convention. • Selling, general and administrative expenses as a percent of Systemwide sales were 2.2% and 2.1% for the six months ended June 30, 2026 and 2025, respectively.

Franchised Restaurant Share

95.0%

Revenues The Company's revenues consist of fees from restaurants owned and operated by franchisees, developmental licensees and affiliates and sales by Company-owned and operated restaurants. Revenues from conventional franchised restaurants include rent and royalties based on a percent of sales with minimum rent payments, and initial fees. Revenues from restaurants licensed to developmental licensees and affiliates include a royalty based on a percent of sales, and generally include initial fees. The Company’s Other revenues are primarily comprised of fees paid by franchisees to recover a portion of costs incurred by the Company for various technology and digital platforms and revenues from brand licensing arrangements to market and sell consumer packaged goods using the McDonald’s brand. Franchised restaurants represented approximately 95% of McDonald's restaurants worldwide at June 30, 2026. The Company's heavily franchised business model is designed to generate stable and predictable revenue, which is largely a function of franchisee sales, and resulting cash flow streams.

Franchised Share of Restaurant Margin

90.0%

Restaurant Margins Franchised restaurant margins are measured as revenues from franchised restaurants less franchised restaurant occupancy costs. Franchised restaurant occupancy costs include lease expense and depreciation, as the Company generally owns or secures a long-term lease on the land and building for the restaurant location. Company-owned and operated restaurant margins are measured as sales from Company-owned and operated restaurants less costs for food & paper, payroll & employee benefits and occupancy & other operating expenses necessary to run an individual restaurant. Company-owned and operated margins exclude costs that are not allocated to individual restaurants, primarily payroll & employee benefit costs of non-restaurant support staff, which are included in Selling, general and administrative expenses. RESTAURANT MARGINS Dollars in millions Inc/ (Dec) Excluding Currency Translation Quarters Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 1,621 | | | | | | | | $ | | 1,576 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 1,577 | | | | | | | | 1,511 | | | | 4 | | | | 2 International Developmental Licensed Markets & Corporate | | | | | | | | 515 | | | | | | | | 473 | | | | 9 | | | | 7 Total | | | | | | | | $ | | 3,713 | | | | | | | | $ | | 3,559 | | | | 4 | | % | | 3 | | % Company-owned and operated U.S. | | | | | | | | $ | | 91 | | | | | | | | $ | | 97 | | | | (6) | | % | | (6) | | % International Operated Markets | | | | | | | | 285 | | | | | | | | 278 | | | | 3 | | | | — International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 387 | | | | | | | | $ | | 380 | | | | 2 | | % | | — | | % Total restaurant margins U.S. | | | | | | | | $ | | 1,713 | | | | | | | | $ | | 1,672 | | | | 2 | | % | | 2 | | % International Operated Markets | | | | | | | | 1,862 | | | | | | | | 1,789 | | | | 4 | | | | 1 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 4,099 | | | | | | | | $ | | 3,939 | | | | 4 | | % | | 3 | | % Inc/ (Dec) Excluding Currency Translation Six Months Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 3,048 | | | | | | | | $ | | 2,936 | | | | 4 | | % | | 4 | | % International Operated Markets | | | | | | | | 3,005 | | | | | | | | 2,763 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | 990 | | | | | | | | 901 | | | | 10 | | | | 7 Total | | | | | | | | $ | | 7,044 | | | | | | | | $ | | 6,600 | | | | 7 | | % | | 4 | | % Company-owned and operated U.S. | | | | | | | | $ | | 151 | | | | | | | | $ | | 176 | | | | (14) | | % | | (14) | | % International Operated Markets | | | | | | | | 508 | | | | | | | | 465 | | | | 9 | | | | 4 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 672 | | | | | | | | $ | | 653 | | | | 3 | | % | | (1) | | % Total restaurant margins U.S. | | | | | | | | $ | | 3,199 | | | | | | | | $ | | 3,112 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 3,513 | | | | | | | | 3,228 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 7,716 | | | | | | | | $ | | 7,254 | | | | 6 | | % | | 3 | | % n/m Not meaningful • Franchised margins for both periods reflected sales-driven growth across all segments and the positive impact of foreign currency translation in the International Operated Markets and the International Developmental Licensed Markets. Franchised margins represented approximately 90% of restaurant margin dollars. • Company-owned and operated margins for both periods in the U.S. primarily reflected the impact of ongoing inflationary cost pressures. The International Operated Markets primarily reflected sales-driven growth and the positive impact of foreign currency translation, partly offset by the impact of ongoing inflationary cost pressures for both periods. • Total restaurant margins included depreciation and amortization expense of $454 million and $425 million for the quarters ended 2026 and 2025, respectively, and $909 million and $839 million for the six months ended 2026 and 2025, respectively.

Countries with McDonald's Restaurants

114

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

International Developmental Licensed Markets Restaurants

21.3K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

International Operated Markets Restaurants

10.9K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Systemwide Restaurants

46.0K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

U.S. Restaurants

13.8K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Australia Restaurants

1.1K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Brazil Restaurants

1.3K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Canada Restaurants

1.5K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

China Restaurants

8.1K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

France Restaurants

1.6K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Germany Restaurants

1.4K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

India Restaurants

780

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Italy Restaurants

823

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Japan Restaurants

3.0K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Philippines Restaurants

862

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Poland Restaurants

623

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Saudi Arabia Restaurants

468

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Spain Restaurants

670

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Taiwan Restaurants

436

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

United Kingdom Restaurants

1.5K

Restaurant Information SYSTEMWIDE RESTAURANTS At June 30, | | | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. | | | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets France | | | | 1,646 | | | | | | 1,611 | | | | | | 35 Canada | | | | 1,523 | | | | | | 1,490 | | | | | | 33 United Kingdom | | | | 1,514 | | | | | | 1,480 | | | | | | 34 Germany | | | | 1,379 | | | | | | 1,372 | | | | | | 7 Australia | | | | 1,078 | | | | | | 1,056 | | | | | | 22 Italy | | | | 823 | | | | | | 771 | | | | | | 52 Spain | | | | 670 | | | | | | 636 | | | | | | 34 Poland | | | | 623 | | | | | | 584 | | | | | | 39 Other | | | | 1,662 | | | | | | 1,588 | | | | | | 74 Total International Operated Markets | | | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets China | | | | 8,114 | | | | | | 7,227 | | | | | | 887 Japan | | | | 3,038 | | | | | | 2,986 | | | | | | 52 Brazil | | | | 1,250 | | | | | | 1,191 | | | | | | 59 Philippines | | | | 862 | | | | | | 807 | | | | | | 55 India | | | | 780 | | | | | | 697 | | | | | | 83 Saudi Arabia | | | | 468 | | | | | | 445 | | | | | | 23 Taiwan | | | | 436 | | | | | | 421 | | | | | | 15 Other | | | | 6,393 | | | | | | 6,168 | | | | | | 225 Total International Developmental Licensed Markets | | | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide restaurants | | | | 46,028 | | | | | | 44,113 | | | | | | 1,915 Countries | | | | 114 | | | | | | 114 | | | | | | —

Company-Operated Restaurant Margin

$387.0M

Restaurant Margins Franchised restaurant margins are measured as revenues from franchised restaurants less franchised restaurant occupancy costs. Franchised restaurant occupancy costs include lease expense and depreciation, as the Company generally owns or secures a long-term lease on the land and building for the restaurant location. Company-owned and operated restaurant margins are measured as sales from Company-owned and operated restaurants less costs for food & paper, payroll & employee benefits and occupancy & other operating expenses necessary to run an individual restaurant. Company-owned and operated margins exclude costs that are not allocated to individual restaurants, primarily payroll & employee benefit costs of non-restaurant support staff, which are included in Selling, general and administrative expenses. RESTAURANT MARGINS Dollars in millions Inc/ (Dec) Excluding Currency Translation Quarters Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 1,621 | | | | | | | | $ | | 1,576 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 1,577 | | | | | | | | 1,511 | | | | 4 | | | | 2 International Developmental Licensed Markets & Corporate | | | | | | | | 515 | | | | | | | | 473 | | | | 9 | | | | 7 Total | | | | | | | | $ | | 3,713 | | | | | | | | $ | | 3,559 | | | | 4 | | % | | 3 | | % Company-owned and operated U.S. | | | | | | | | $ | | 91 | | | | | | | | $ | | 97 | | | | (6) | | % | | (6) | | % International Operated Markets | | | | | | | | 285 | | | | | | | | 278 | | | | 3 | | | | — International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 387 | | | | | | | | $ | | 380 | | | | 2 | | % | | — | | % Total restaurant margins U.S. | | | | | | | | $ | | 1,713 | | | | | | | | $ | | 1,672 | | | | 2 | | % | | 2 | | % International Operated Markets | | | | | | | | 1,862 | | | | | | | | 1,789 | | | | 4 | | | | 1 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 4,099 | | | | | | | | $ | | 3,939 | | | | 4 | | % | | 3 | | % Inc/ (Dec) Excluding Currency Translation Six Months Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 3,048 | | | | | | | | $ | | 2,936 | | | | 4 | | % | | 4 | | % International Operated Markets | | | | | | | | 3,005 | | | | | | | | 2,763 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | 990 | | | | | | | | 901 | | | | 10 | | | | 7 Total | | | | | | | | $ | | 7,044 | | | | | | | | $ | | 6,600 | | | | 7 | | % | | 4 | | % Company-owned and operated U.S. | | | | | | | | $ | | 151 | | | | | | | | $ | | 176 | | | | (14) | | % | | (14) | | % International Operated Markets | | | | | | | | 508 | | | | | | | | 465 | | | | 9 | | | | 4 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 672 | | | | | | | | $ | | 653 | | | | 3 | | % | | (1) | | % Total restaurant margins U.S. | | | | | | | | $ | | 3,199 | | | | | | | | $ | | 3,112 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 3,513 | | | | | | | | 3,228 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 7,716 | | | | | | | | $ | | 7,254 | | | | 6 | | % | | 3 | | % n/m Not meaningful • Franchised margins for both periods reflected sales-driven growth across all segments and the positive impact of foreign currency translation in the International Operated Markets and the International Developmental Licensed Markets. Franchised margins represented approximately 90% of restaurant margin dollars. • Company-owned and operated margins for both periods in the U.S. primarily reflected the impact of ongoing inflationary cost pressures. The International Operated Markets primarily reflected sales-driven growth and the positive impact of foreign currency translation, partly offset by the impact of ongoing inflationary cost pressures for both periods. • Total restaurant margins included depreciation and amortization expense of $454 million and $425 million for the quarters ended 2026 and 2025, respectively, and $909 million and $839 million for the six months ended 2026 and 2025, respectively.

Franchised Restaurant Margin

$3.71B

Restaurant Margins Franchised restaurant margins are measured as revenues from franchised restaurants less franchised restaurant occupancy costs. Franchised restaurant occupancy costs include lease expense and depreciation, as the Company generally owns or secures a long-term lease on the land and building for the restaurant location. Company-owned and operated restaurant margins are measured as sales from Company-owned and operated restaurants less costs for food & paper, payroll & employee benefits and occupancy & other operating expenses necessary to run an individual restaurant. Company-owned and operated margins exclude costs that are not allocated to individual restaurants, primarily payroll & employee benefit costs of non-restaurant support staff, which are included in Selling, general and administrative expenses. RESTAURANT MARGINS Dollars in millions Inc/ (Dec) Excluding Currency Translation Quarters Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 1,621 | | | | | | | | $ | | 1,576 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 1,577 | | | | | | | | 1,511 | | | | 4 | | | | 2 International Developmental Licensed Markets & Corporate | | | | | | | | 515 | | | | | | | | 473 | | | | 9 | | | | 7 Total | | | | | | | | $ | | 3,713 | | | | | | | | $ | | 3,559 | | | | 4 | | % | | 3 | | % Company-owned and operated U.S. | | | | | | | | $ | | 91 | | | | | | | | $ | | 97 | | | | (6) | | % | | (6) | | % International Operated Markets | | | | | | | | 285 | | | | | | | | 278 | | | | 3 | | | | — International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 387 | | | | | | | | $ | | 380 | | | | 2 | | % | | — | | % Total restaurant margins U.S. | | | | | | | | $ | | 1,713 | | | | | | | | $ | | 1,672 | | | | 2 | | % | | 2 | | % International Operated Markets | | | | | | | | 1,862 | | | | | | | | 1,789 | | | | 4 | | | | 1 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 4,099 | | | | | | | | $ | | 3,939 | | | | 4 | | % | | 3 | | % Inc/ (Dec) Excluding Currency Translation Six Months Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 3,048 | | | | | | | | $ | | 2,936 | | | | 4 | | % | | 4 | | % International Operated Markets | | | | | | | | 3,005 | | | | | | | | 2,763 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | 990 | | | | | | | | 901 | | | | 10 | | | | 7 Total | | | | | | | | $ | | 7,044 | | | | | | | | $ | | 6,600 | | | | 7 | | % | | 4 | | % Company-owned and operated U.S. | | | | | | | | $ | | 151 | | | | | | | | $ | | 176 | | | | (14) | | % | | (14) | | % International Operated Markets | | | | | | | | 508 | | | | | | | | 465 | | | | 9 | | | | 4 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 672 | | | | | | | | $ | | 653 | | | | 3 | | % | | (1) | | % Total restaurant margins U.S. | | | | | | | | $ | | 3,199 | | | | | | | | $ | | 3,112 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 3,513 | | | | | | | | 3,228 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 7,716 | | | | | | | | $ | | 7,254 | | | | 6 | | % | | 3 | | % n/m Not meaningful • Franchised margins for both periods reflected sales-driven growth across all segments and the positive impact of foreign currency translation in the International Operated Markets and the International Developmental Licensed Markets. Franchised margins represented approximately 90% of restaurant margin dollars. • Company-owned and operated margins for both periods in the U.S. primarily reflected the impact of ongoing inflationary cost pressures. The International Operated Markets primarily reflected sales-driven growth and the positive impact of foreign currency translation, partly offset by the impact of ongoing inflationary cost pressures for both periods. • Total restaurant margins included depreciation and amortization expense of $454 million and $425 million for the quarters ended 2026 and 2025, respectively, and $909 million and $839 million for the six months ended 2026 and 2025, respectively.

Total Restaurant Margin

$4.10B

Restaurant Margins Franchised restaurant margins are measured as revenues from franchised restaurants less franchised restaurant occupancy costs. Franchised restaurant occupancy costs include lease expense and depreciation, as the Company generally owns or secures a long-term lease on the land and building for the restaurant location. Company-owned and operated restaurant margins are measured as sales from Company-owned and operated restaurants less costs for food & paper, payroll & employee benefits and occupancy & other operating expenses necessary to run an individual restaurant. Company-owned and operated margins exclude costs that are not allocated to individual restaurants, primarily payroll & employee benefit costs of non-restaurant support staff, which are included in Selling, general and administrative expenses. RESTAURANT MARGINS Dollars in millions Inc/ (Dec) Excluding Currency Translation Quarters Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 1,621 | | | | | | | | $ | | 1,576 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 1,577 | | | | | | | | 1,511 | | | | 4 | | | | 2 International Developmental Licensed Markets & Corporate | | | | | | | | 515 | | | | | | | | 473 | | | | 9 | | | | 7 Total | | | | | | | | $ | | 3,713 | | | | | | | | $ | | 3,559 | | | | 4 | | % | | 3 | | % Company-owned and operated U.S. | | | | | | | | $ | | 91 | | | | | | | | $ | | 97 | | | | (6) | | % | | (6) | | % International Operated Markets | | | | | | | | 285 | | | | | | | | 278 | | | | 3 | | | | — International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 387 | | | | | | | | $ | | 380 | | | | 2 | | % | | — | | % Total restaurant margins U.S. | | | | | | | | $ | | 1,713 | | | | | | | | $ | | 1,672 | | | | 2 | | % | | 2 | | % International Operated Markets | | | | | | | | 1,862 | | | | | | | | 1,789 | | | | 4 | | | | 1 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 4,099 | | | | | | | | $ | | 3,939 | | | | 4 | | % | | 3 | | % Inc/ (Dec) Excluding Currency Translation Six Months Ended June 30, | | | | | | | | 2026 | | | | | | 2025 | | Inc/ (Dec) Franchised U.S. | | | | | | | | $ | | 3,048 | | | | | | | | $ | | 2,936 | | | | 4 | | % | | 4 | | % International Operated Markets | | | | | | | | 3,005 | | | | | | | | 2,763 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | 990 | | | | | | | | 901 | | | | 10 | | | | 7 Total | | | | | | | | $ | | 7,044 | | | | | | | | $ | | 6,600 | | | | 7 | | % | | 4 | | % Company-owned and operated U.S. | | | | | | | | $ | | 151 | | | | | | | | $ | | 176 | | | | (14) | | % | | (14) | | % International Operated Markets | | | | | | | | 508 | | | | | | | | 465 | | | | 9 | | | | 4 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 672 | | | | | | | | $ | | 653 | | | | 3 | | % | | (1) | | % Total restaurant margins U.S. | | | | | | | | $ | | 3,199 | | | | | | | | $ | | 3,112 | | | | 3 | | % | | 3 | | % International Operated Markets | | | | | | | | 3,513 | | | | | | | | 3,228 | | | | 9 | | | | 3 International Developmental Licensed Markets & Corporate | | | | | | | | n/m | | | | | | n/m | | n/m | | n/m Total | | | | | | | | $ | | 7,716 | | | | | | | | $ | | 7,254 | | | | 6 | | % | | 3 | | % n/m Not meaningful • Franchised margins for both periods reflected sales-driven growth across all segments and the positive impact of foreign currency translation in the International Operated Markets and the International Developmental Licensed Markets. Franchised margins represented approximately 90% of restaurant margin dollars. • Company-owned and operated margins for both periods in the U.S. primarily reflected the impact of ongoing inflationary cost pressures. The International Operated Markets primarily reflected sales-driven growth and the positive impact of foreign currency translation, partly offset by the impact of ongoing inflationary cost pressures for both periods. • Total restaurant margins included depreciation and amortization expense of $454 million and $425 million for the quarters ended 2026 and 2025, respectively, and $909 million and $839 million for the six months ended 2026 and 2025, respectively.

Company-Owned and Operated Restaurants

2.0K

SYSTEMWIDE RESTAURANTS BY TYPE At June 30, | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. Conventional franchised | | 13,128 | | | | | | 12,917 | | | | | | 211 Company-owned and operated | | 641 | | | | | | 666 | | | | | | (25) Total U.S. | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets Conventional franchised | | 9,594 | | | | | | 9,254 | | | | | | 340 Developmental licensed | | 191 | | | | | | 177 | | | | | | 14 Total Franchised | | 9,785 | | | | | | 9,431 | | | | | | 354 Company-owned and operated | | 1,133 | | | | | | 1,157 | | | | | | (24) Total International Operated Markets | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets Developmental licensed | | 9,642 | | | | | | 9,196 | | | | | | 446 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 21,103 | | | | | | 19,711 | | | | | | 1,392 Company-owned and operated | | 238 | | | | | | 231 | | | | | | 7 Total International Developmental Licensed Markets | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide Conventional franchised | | 22,722 | | | | | | 22,171 | | | | | | 551 Developmental licensed | | 9,833 | | | | | | 9,373 | | | | | | 460 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 44,016 | | | | | | 42,059 | | | | | | 1,957 Company-owned and operated | | 2,012 | | | | | | 2,054 | | | | | | (42) Total Systemwide | | 46,028 | | | | | | 44,113 | | | | | | 1,915

Conventional Franchised Restaurants

22.7K

SYSTEMWIDE RESTAURANTS BY TYPE At June 30, | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. Conventional franchised | | 13,128 | | | | | | 12,917 | | | | | | 211 Company-owned and operated | | 641 | | | | | | 666 | | | | | | (25) Total U.S. | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets Conventional franchised | | 9,594 | | | | | | 9,254 | | | | | | 340 Developmental licensed | | 191 | | | | | | 177 | | | | | | 14 Total Franchised | | 9,785 | | | | | | 9,431 | | | | | | 354 Company-owned and operated | | 1,133 | | | | | | 1,157 | | | | | | (24) Total International Operated Markets | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets Developmental licensed | | 9,642 | | | | | | 9,196 | | | | | | 446 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 21,103 | | | | | | 19,711 | | | | | | 1,392 Company-owned and operated | | 238 | | | | | | 231 | | | | | | 7 Total International Developmental Licensed Markets | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide Conventional franchised | | 22,722 | | | | | | 22,171 | | | | | | 551 Developmental licensed | | 9,833 | | | | | | 9,373 | | | | | | 460 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 44,016 | | | | | | 42,059 | | | | | | 1,957 Company-owned and operated | | 2,012 | | | | | | 2,054 | | | | | | (42) Total Systemwide | | 46,028 | | | | | | 44,113 | | | | | | 1,915

Developmental Licensed Restaurants

9.8K

SYSTEMWIDE RESTAURANTS BY TYPE At June 30, | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. Conventional franchised | | 13,128 | | | | | | 12,917 | | | | | | 211 Company-owned and operated | | 641 | | | | | | 666 | | | | | | (25) Total U.S. | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets Conventional franchised | | 9,594 | | | | | | 9,254 | | | | | | 340 Developmental licensed | | 191 | | | | | | 177 | | | | | | 14 Total Franchised | | 9,785 | | | | | | 9,431 | | | | | | 354 Company-owned and operated | | 1,133 | | | | | | 1,157 | | | | | | (24) Total International Operated Markets | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets Developmental licensed | | 9,642 | | | | | | 9,196 | | | | | | 446 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 21,103 | | | | | | 19,711 | | | | | | 1,392 Company-owned and operated | | 238 | | | | | | 231 | | | | | | 7 Total International Developmental Licensed Markets | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide Conventional franchised | | 22,722 | | | | | | 22,171 | | | | | | 551 Developmental licensed | | 9,833 | | | | | | 9,373 | | | | | | 460 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 44,016 | | | | | | 42,059 | | | | | | 1,957 Company-owned and operated | | 2,012 | | | | | | 2,054 | | | | | | (42) Total Systemwide | | 46,028 | | | | | | 44,113 | | | | | | 1,915

Foreign Affiliated Restaurants

11.5K

SYSTEMWIDE RESTAURANTS BY TYPE At June 30, | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. Conventional franchised | | 13,128 | | | | | | 12,917 | | | | | | 211 Company-owned and operated | | 641 | | | | | | 666 | | | | | | (25) Total U.S. | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets Conventional franchised | | 9,594 | | | | | | 9,254 | | | | | | 340 Developmental licensed | | 191 | | | | | | 177 | | | | | | 14 Total Franchised | | 9,785 | | | | | | 9,431 | | | | | | 354 Company-owned and operated | | 1,133 | | | | | | 1,157 | | | | | | (24) Total International Operated Markets | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets Developmental licensed | | 9,642 | | | | | | 9,196 | | | | | | 446 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 21,103 | | | | | | 19,711 | | | | | | 1,392 Company-owned and operated | | 238 | | | | | | 231 | | | | | | 7 Total International Developmental Licensed Markets | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide Conventional franchised | | 22,722 | | | | | | 22,171 | | | | | | 551 Developmental licensed | | 9,833 | | | | | | 9,373 | | | | | | 460 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 44,016 | | | | | | 42,059 | | | | | | 1,957 Company-owned and operated | | 2,012 | | | | | | 2,054 | | | | | | (42) Total Systemwide | | 46,028 | | | | | | 44,113 | | | | | | 1,915

Total Franchised Restaurants

44.0K

SYSTEMWIDE RESTAURANTS BY TYPE At June 30, | | 2026 | | | | 2025 | | | | Inc/ (Dec) U.S. Conventional franchised | | 13,128 | | | | | | 12,917 | | | | | | 211 Company-owned and operated | | 641 | | | | | | 666 | | | | | | (25) Total U.S. | | 13,769 | | | | | | 13,583 | | | | | | 186 International Operated Markets Conventional franchised | | 9,594 | | | | | | 9,254 | | | | | | 340 Developmental licensed | | 191 | | | | | | 177 | | | | | | 14 Total Franchised | | 9,785 | | | | | | 9,431 | | | | | | 354 Company-owned and operated | | 1,133 | | | | | | 1,157 | | | | | | (24) Total International Operated Markets | | 10,918 | | | | | | 10,588 | | | | | | 330 International Developmental Licensed Markets Developmental licensed | | 9,642 | | | | | | 9,196 | | | | | | 446 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 21,103 | | | | | | 19,711 | | | | | | 1,392 Company-owned and operated | | 238 | | | | | | 231 | | | | | | 7 Total International Developmental Licensed Markets | | 21,341 | | | | | | 19,942 | | | | | | 1,399 Systemwide Conventional franchised | | 22,722 | | | | | | 22,171 | | | | | | 551 Developmental licensed | | 9,833 | | | | | | 9,373 | | | | | | 460 Foreign affiliated | | 11,461 | | | | | | 10,515 | | | | | | 946 Total Franchised | | 44,016 | | | | | | 42,059 | | | | | | 1,957 Company-owned and operated | | 2,012 | | | | | | 2,054 | | | | | | (42) Total Systemwide | | 46,028 | | | | | | 44,113 | | | | | | 1,915

Systemwide Sales

$37.00B

McDONALD'S REPORTS SECOND QUARTER 2026 RESULTS • Global Systemwide sales* increased 5% (4% in constant currencies) to $37 billion for the quarter • Across 70 loyalty markets, Systemwide sales to loyalty members for the trailing twelve months increased over 20% to $40 billion, with 90-day active loyalty users up 13% to nearly 220 million as of quarter-end • Skye Anderson, proven McDonald’s executive, appointed as President of McDonald’s USA to lead the Company's largest market CHICAGO, IL - McDonald's Corporation today announced results for the second quarter ended June 30, 2026. THE FOLLOWING DEFINITIONS APPLY TO THESE TERMS AS USED THROUGHOUT THIS RELEASE Constant currency results exclude the effects of foreign currency translation and are calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation, impairment and other charges and gains, as well as material regulatory and other income tax impacts, and bases incentive compensation plans on these results because the Company believes this better represents underlying business trends. Comparable sales and comparable guest counts are compared to the same period in the prior year and represent sales and transactions, respectively, at all restaurants, whether owned and operated by the Company or by franchisees, in operation at least thirteen months, including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction, natural disasters, pandemics and acts of war, terrorism or other hostilities. Comparable sales exclude the impact of currency translation and the sales of any market considered hyperinflationary (generally identified as those markets whose cumulative inflation rate over a three-year period exceeds 100%), which management believes more accurately reflects the underlying business trends. Comparable sales are driven by changes in guest counts and average check, the latter of which is affected by changes in pricing and product mix. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. Systemwide sales to loyalty members are comprised of all sales to customers who self-identify as a loyalty member when transacting with both Company-owned and operated and franchised restaurants. Systemwide sales to loyalty members are measured across 70 markets with loyalty programs. Systemwide sales to loyalty members represents an aggregation of the prior four quarters of sales to loyalty members active in the last 90 days of the respective quarter. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. The Company's revenues consist of sales by Company-owned and operated restaurants and fees from franchised restaurants operated by conventional franchisees, developmental licensees and affiliates. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. Free cash flow , defined as cash provided by operations less capital expenditures, and free cash flow conversion rate, defined as free cash flow divided by net income, are measures reviewed by management in order to evaluate the Company’s ability to convert net profits into cash resources, after reinvesting in the core business, that can be used to pursue opportunities to enhance shareholder value.

International Developmental Licensed Markets Systemwide Sales Growth

8.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

International Developmental Licensed Markets Systemwide Sales Growth, Constant Currency

7.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

International Operated Markets Systemwide Sales Growth

6.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

International Operated Markets Systemwide Sales Growth, Constant Currency

4.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

Total Company Systemwide Sales Growth

5.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

Total Company Systemwide Sales Growth, Constant Currency

4.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

U.S. Systemwide Sales Growth

2.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.

U.S. Systemwide Sales Growth, Constant Currency

2.0%

Systemwide Sales and Franchised Sales The following tables present Systemwide sales growth rates and franchised sales. Systemwide sales include sales at all restaurants, whether owned and operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base. Changes in Systemwide sales are primarily driven by comparable sales and net restaurant unit expansion. SYSTEMWIDE SALES* Quarter Ended June 30, 2026 | | | | Six Months Ended June 30, 2026 Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation | | | | Inc/ (Dec) | | | | Inc/ (Dec) Excluding Currency Translation U.S. | | | | | | | | | | 2 | | % | | | | 2 | | % | | | | 3 | | % | | | | 3 | | % International Operated Markets | | | | | | | | | | 6 | | | | | | 4 | | | | | | 11 | | | | | | 5 International Developmental Licensed Markets | | | | | | | | | | 8 | | | | | | 7 | | | | | | 10 | | | | | | 7 Total Company | | | | | | | | | | 5 | | % | | | | 4 | | % | | | | 8 | | % | | | | 5 | | % *Unlike comparable sales, the Company has not excluded sales from hyperinflationary markets from Systemwide sales as these sales are the basis on which the Company calculates and records revenues.