McDonald's Corp. (MCD) Earnings Analysis

McDonald's Corp. (MCD) delivered mixed results in Q1 FY2026 on revenue of $6.5B versus the $6.5B estimate (+9.4% YoY) and EPS of $2.83. The next McDonald's Corp. (MCD) earnings date is Aug 5, 2026. Below is the full McDonald's Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

McDonald's Corp. (MCD) Earnings Analysis — key stats

Next earnings dateAug 5, 2026
Latest reported quarterQ1 FY2026
Earnings verdictMixed
EPS beat rate2 of last 8 (quarters above estimate)
Avg next-day move±2.9% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±8.6% (options-derived · into Aug 5, 2026)
Revenue$6.5B (vs $6.5B est · +0.7% surprise · +9.4% YoY)
EPS$2.83 (vs $2.74 est · +3.3% surprise · +6.9% YoY)
Share price$280.63 (+4.2%)
Market cap$199.4B

McDonald's Corp. (MCD) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$6.5B vs $6.5B est$2.83 vs $2.74 est+3.3%-2.9%Mixed
Q1 2026$7.0B vs $6.8B est$3.12 vs $3.05 est+2.3%+1.9%Beat
Q4 2025$7.1B vs $7.1B est$3.22 vs $3.33 est-3.3%-0.3%Mixed
Q3 2025$6.8B vs $6.7B est$3.19 vs $3.14 est+1.6%+3.1%Mixed
Q2 2025$6.0B vs $6.1B est$2.67 vs $2.66 est+0.4%-2.4%Mixed
Q1 2025$6.4B vs $6.4B est$2.83 vs $2.85 est-0.7%+5.4%In line
Q4 2024$6.9B vs $6.8B est$3.23 vs $3.20 est+0.9%-1.8%In line
Q3 2024$6.5B vs $6.6B est$2.97 vs $3.07 est-3.3%+5.7%Miss

What you'll find

Frequently asked questions

When is McDonald's Corp.'s next earnings date?
McDonald's Corp.'s (MCD) next scheduled earnings date is Aug 5, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did McDonald's Corp. (MCD) beat or miss earnings?
In Q1 FY2026, McDonald's Corp. (MCD) posted mixed results — revenue of $6.5B versus the $6.5B estimate (+0.7% surprise) and EPS of $2.83 versus $2.74 expected (+3.3% surprise). Magnisto decodes every McDonald's Corp. (MCD) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does McDonald's Corp. beat earnings estimates?
Over its last 8 reported quarters, McDonald's Corp. (MCD) beat Wall Street EPS estimates 2 times, most recently a mixed result in Q2 2026. Magnisto tracks every McDonald's Corp. (MCD) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does McDonald's Corp. stock move after earnings?
Over its last 8 quarterly reports, McDonald's Corp. (MCD) moved an average of ±2.9% the day after earnings — ranging from -2.9% (Q2 2026) to +5.7% (Q3 2024). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Aug 5, 2026, options-implied volatility is pricing in a move of roughly ±8.6% (derived). Magnisto tracks the realized post-earnings move for every McDonald's Corp. (MCD) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for McDonald's Corp. (MCD) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for McDonald's Corp. (MCD), anchored to the current $280.63 share price, so you can weigh the bull, base and bear cases for McDonald's Corp. side by side.
Is McDonald's Corp. (MCD) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether McDonald's Corp. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.