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McDonald's (MCD) capital expenditures by quarter

McDonald's capital expenditures were $884M in Q3 2026 (third quarter 2026), +6% from Q2 2026. Over the last 7 quarters it ranged from $551M (Q1 2025) to $1.1B (Q4 2025).

McDonald's capital expenditures by quarterMcDonald's capital expenditures by quarter$551MQ1 2025$744MQ2 2025$1.0BQ3 2025$1.1BQ4 2025$682MQ1 2026$831MQ2 2026$884MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$884M+6%-13%
Q2 2026$831M+22%+12%
Q1 2026$682M-36%+24%
Q4 2025$1.1B+5%—
Q3 2025$1.0B+36%—
Q2 2025$744M+35%—
Q1 2025$551M——

Q3 2026 at a glance

McDonald's, Q3 2026: revenue $7.2B (+1% year over year), operating margin 50.2%, net earnings $2.5B, operating cash flow $3.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is McDonald's capital expenditures?

McDonald's capital expenditures were $884M in Q3 2026 (third quarter 2026), +6% from Q2 2026.

How has McDonald's capital expenditures changed?

Over the last 7 quarters it ranged from $551M (Q1 2025) to $1.1B (Q4 2025).

Q3 2026 results → · How McDonald's makes money →