McDonald's Q2 2026: revenue up 4%, EPS $3.38 adjusted, comparable sales slow to 1.3%

McDonald's reported second-quarter 2026 revenue of $7.10 billion, up 4%, and GAAP diluted EPS of $3.32, up 6%. Excluding $0.06 of charges, adjusted EPS was $3.38, which beat the roughly $3.32 consensus cited by XTB, while revenue came in slightly below its $7.13 billion estimate. Global comparable sales rose only 1.3%, with U.S. comparable sales at 0.8%, and the company reaffirmed its full-year 2026 outlook, so the U.S. slowdown is the main issue for traders.

• Revenue $7,099 million, up 4% (2% in constant currencies); operating income $3,338 million, up 3%
• GAAP diluted EPS $3.32, up 6%; non-GAAP diluted EPS $3.38 excluding $0.06 of current-year charges
• Comparable sales: U.S. +0.8%, International Operated Markets +1.5%, International Developmental Licensed Markets +1.9%, total +1.3%
• Systemwide sales up 5% to $37 billion; trailing 12-month loyalty-member sales above $40 billion
• Accelerating the Organization restructuring charges of $52 million in Q2; the 10-Q expects about $250 million in restructuring charges in 2026
• FY2026 outlook reaffirmed, with operating margin in the mid-to-high 40% range; shares were up about 2% on the day

SEC filing 8-K · accession 0000063908-26-000067 · sec.gov ↗