MCD · 8-K · 20260804PR000067

Operating Expense Trends

MCDONALDS CORP · 2026-08-04 · Importance 47 · Surprise 22 · No source text

Second-quarter total operating costs and expenses increased 4% year over year to $3,760 million, while six-month costs increased 6% to $7,324 million. Second-quarter selling, general and administrative expense increased 19% to $706 million from $595 million, and the six-month amount increased 16% to $1,354 million from $1,170 million. Six-month company-owned and operated restaurant expenses increased $233 million to $4,170 million, while franchised-restaurant occupancy expenses increased $82 million to $1,356 million. Management said higher selling, general and administrative expenses partly offset higher sales-driven franchised margins and higher Other operating income.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
operating_incomepositiverealized+5.8%Six months operating income was $6,292 million, an increase of 7% (4% excluding currency translation).
operating_incomepositiverealized+1.5%Consolidated operating income for the quarter increased 3% (2% in constant currencies).