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MCD
McDonald's CorporationStock · Consumer Discretionary
$280.63+$11.20 (+4.16%)as of market close, Jul 2, 2026
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How McDonald's makes money

Fiscal year

How does McDonald's make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

McDonald's Corporation · FY2025 · year ended 2025-12-31
Revenue$26.9BGross profit$26.9B · 100%Cost of revenue$0 · 0%Operating income$12.4B · 46%Operating expenses$14.5B · 54%SG&A$3.0B · 11%Other opex$11.5B · 43%Pre-tax income$10.9B · 41%Other expense$1.5B · 6%Net income$8.6B · 32%Income tax$2.3B · 9%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.