McDonald's Reports 5% Revenue Growth to $6.843 Billion in Q2 2025

McDonald's Corporation reported a solid financial performance for the second quarter and the first half of 2025, with total revenues reaching $6.843 billion for the quarter, a 5% increase from $6.490 billion in the same period last year. For the six months ended June 30, 2025, revenues totaled $12.799 billion, reflecting a 1% increase compared to $12.659 billion in 2024. The company's net income for the quarter was $2.253 billion, an 11% increase from $2.022 billion in the prior year, while net income for the first half rose 4% to $4.121 billion from $3.951 billion. Diluted earnings per share also saw growth, increasing to $3.14 for the quarter and $5.74 for the six months, up 12% and 5%, respectively.

The company experienced notable changes in its operational metrics compared to the previous fiscal period. Global comparable sales increased by 3.8% for the quarter and 1.4% for the six months, with the U.S. segment reporting a 2.5% increase for the quarter but a slight decline of 0.5% for the half-year. The International Operated Markets segment saw a 4.0% increase in comparable sales for the quarter and 1.6% for the six months, while the International Developmental Licensed Markets reported a 5.6% increase for the quarter and 4.5% for the half-year. The company attributed these results to positive check growth and improved performance across various markets.

Strategically, McDonald's has been focusing on its "Accelerating the Organization" initiative, which aims to modernize operations and enhance efficiency. The company incurred restructuring charges of $109 million in the first half of 2025 related to this initiative, which is expected to continue through 2027. Additionally, McDonald's plans to open approximately 2,200 new restaurants globally in 2025, contributing to a projected net growth of nearly 1,800 locations. The company also aims to enhance its digital and delivery capabilities, with plans to increase the percentage of Systemwide delivery sales originating from its mobile app to 30% by the end of 2027.

Operationally, McDonald's reported a total of 44,113 restaurants worldwide as of June 30, 2025, with 95% of these being franchised. The company’s focus on franchising has been a key driver of its revenue stability, as it allows for predictable cash flow streams based on franchisee sales. The company also reported a slight increase in its employee headcount, reflecting ongoing efforts to support its expanding operations. Looking ahead, McDonald's expects to maintain a strong operating margin in the mid-to-high 40% range and anticipates capital expenditures between $3.0 billion and $3.2 billion, primarily directed towards new restaurant openings and technology investments.