MCD · 10-Q · 2026Q3 · Full report

Distribution Channels

MCDONALDS CORP · 2026-11-06 · Importance 39 · Surprise 6

McDonald’s operated 46,554 restaurants worldwide at September 30, 2026, with approximately 95% franchised. The company uses conventional franchises, developmental licenses and affiliates; developmental licensees and affiliates operate and manage their restaurants and provide capital, including real estate investment. Affiliate arrangements are used in a limited number of foreign markets, primarily China and Japan, and in a limited number of International Operated Markets restaurants.

Key facts

• McDonald’s continues to expand and refine delivery initiatives, including integration of delivery and mobile ordering. source
• Third-party delivery transactions may be less profitable than non-delivery transactions and may introduce food-quality, food-safety and customer-satisfaction risks. source