Restaurant Brands International Quarterly Cash Flow Statement
NYSE: QSRConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Restaurant Brands International free cash flow
In the quarter ended Jun 30, 2026, Restaurant Brands International generated $530.0 million of operating cash flow and spent $51.0 million on capital expenditures. That left free cash flow of $479.0 million, a free-cash-flow margin of 19.0% of revenue. Free cash flow was up 16.5% from the prior year's $411.0 million.
Restaurant Brands International returned $434.0 million to shareholders: $296.0 million in dividends and $138.0 million in share repurchases, equal to 91% of free cash flow. Free cash flow covered dividend payments 1.6 times.
Summary generated from market data by MetaCap's automated system. Methodology
Restaurant Brands International cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 665.00M | 445.00M | 155.00M | 436.00M | 263.00M | 221.00M | 361.00M | 357.00M | 399.00M | 328.00M | 726.00M | 364.00M |
| Net Income growth (YoY) | +152.85% | +101.36% | -57.06% | +22.13% | -34.09% | -32.62% | -50.28% | -1.92% | +13.68% | +18.41% | +116.07% | -31.32% |
| Depreciation & Amortization | 77.00M | 78.00M | 76.00M | 76.00M | 77.00M | 71.00M | 77.00M | 78.00M | 59.00M | 49.00M | 49.00M | 47.00M |
| Stock-Based Compensation | 35.00M | 35.00M | 38.00M | 32.00M | 33.00M | 48.00M | 48.00M | 37.00M | 41.00M | 46.00M | 53.00M | 49.00M |
| Change in Working Capital | 54.00M | -47.00M | 40.00M | 18.00M | 54.00M | -90.00M | 44.00M | 12.00M | -17.00M | -39.00M | 90.00M | -35.00M |
| Operating Cash Flow | 530.00M | 227.00M | 555.00M | 592.00M | 449.00M | 118.00M | 481.00M | 540.00M | 334.00M | 148.00M | 403.00M | 433.00M |
| Capital Expenditures | -51.00M | -58.00M | -102.00M | -61.00M | -38.00M | -64.00M | -77.00M | -55.00M | -43.00M | -26.00M | -47.00M | -25.00M |
| Investing Cash Flow | -27.00M | -33.00M | -105.00M | -11.00M | -18.00M | -184.00M | -44.00M | -57.00M | -528.00M | -31.00M | 22.00M | -3.00M |
| Dividends Paid | -296.00M | -283.00M | -282.00M | -282.00M | -282.00M | -262.00M | -262.00M | -261.00M | -261.00M | -245.00M | -249.00M | -249.00M |
| Share Repurchases | -138.00M | -32.00M | — | — | 0 | 0 | 0 | — | — | — | -385.00M | -115.00M |
| Debt Issued | — | — | 0 | 0 | — | — | 0 | 500.00M | — | — | 0 | 53.00M |
| Debt Repaid | -29.00M | -28.00M | -229.00M | -132.00M | -33.00M | -33.00M | -26.00M | -525.00M | -1.61B | -24.00M | -13.00M | -11.00M |
| Financing Cash Flow | -447.00M | -306.00M | -484.00M | -397.00M | -290.00M | -265.00M | -260.00M | -253.00M | 91.00M | -203.00M | -600.00M | -326.00M |
| Net Change in Cash | 51.00M | -142.00M | -62.00M | 213.00M | 98.00M | -354.00M | 158.00M | 234.00M | -107.00M | -90.00M | -171.00M | 97.00M |
| Free Cash Flow | 479.00M | 169.00M | 453.00M | 531.00M | 411.00M | 54.00M | 404.00M | 485.00M | 291.00M | 122.00M | 356.00M | 408.00M |
This table shows 12 quarterly periods of Restaurant Brands International's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow QSR's reporting calendar. What is a cash flow statement?