Filing Flows › McDonald's (MCD) › Free cash flow
McDonald's (MCD) free cash flow by quarter
McDonald's free cash flow was $2.1B in Q3 2026 (third quarter 2026), +9% from Q2 2026. Over the last 7 quarters it ranged from $1.3B (Q2 2025) to $2.4B (Q3 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $2.1B | +9% | -11% |
| Q2 2026 | $2.0B | +14% | +58% |
| Q1 2026 | $1.7B | +6% | -8% |
| Q4 2025 | $1.6B | -32% | — |
| Q3 2025 | $2.4B | +93% | — |
| Q2 2025 | $1.3B | -33% | — |
| Q1 2025 | $1.9B | — | — |
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 free cash flow?
McDonald's free cash flow was $2.1B in Q3 2026 (third quarter 2026), +9% from Q2 2026.
How has McDonald's free cash flow changed?
Over the last 7 quarters it ranged from $1.3B (Q2 2025) to $2.4B (Q3 2025).