McDonalds Corp

Company facts

Industry

Retail-Eating Places

Headquarters

Chicago, Illinois

Most recent report

10-Q, filed Aug 7, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 63908

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 10 sections worth reading, with 1 positive, 3 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Core financial results and equity deficit; detailed segment and restructuring data.
  Notable

  • Restructuring costs of $98M in H1 2026; cumulative since 2023 now $795M, ongoing through 2027.

• Management's Discussion (Item 2)

  Full MD&A with quarterly results, new strategy, and capex outlook; material for investors.
  Positive

  • Operating cash flow of $5.2B in H1 2026 exceeded capital expenditures by $3.7B, showing strong cash generation.
  Notable

  • New 'McDonald's > NEXT' strategy launched in June 2026, replacing the Accelerating the Arches framework.
  • SG&A expenses rose 17% in Q2 and 14% YTD, driven by higher employee costs and the 2026 convention.
  Negative

  • Global comparable sales growth slowed to 1.3% in Q2 2026 from 3.8% in Q1 2026; a significant deceleration.
  • U.S. comparable guest counts were negative in Q2; sales growth came entirely from check and mix, not traffic.

What changed: Jun 2026 vs. Mar 2026

About 8% of MCD's Jun 2026 10-Q is new information. 24 paragraphs were added, 98 changed, and 23 removed. Below are the most important lines SECSift identified.

• Item 2 68
• Item 1 19
• Item 4 2
• Item 5 2