Quarterly ResultMay 6, 2026, 04:29 PM
Restaurant Brands International Q1 Net Income $445M; Revenue $2.26B
AI Summary
Restaurant Brands International Limited Partnership reported a strong first quarter for 2026, with net income from continuing operations more than doubling to $445 million and total revenues increasing to $2.26 billion. Diluted earnings per Class A common unit rose significantly to $1.50. The company also established a Burger King China joint venture in January 2026 and announced the sunset of its Restaurant Holdings segment, which involves refranchising acquired restaurants.
Key Highlights
- Net income from continuing operations surged to $445M in Q1 2026, up from $223M YoY.
- Total revenues increased to $2.26B in Q1 2026, compared to $2.11B in Q1 2025.
- Diluted EPS for Class A common units rose to $1.50, from $0.76 in the prior year.
- Adjusted Operating Income grew to $610M in Q1 2026, up from $539M YoY.
- Net cash from continuing operations was $227M, significantly up from $118M YoY.
- Tim Hortons segment revenue was $997M, while Burger King segment revenue reached $365M.
- Established BK China JV on Jan 30, 2026, holding approximately 17% equity interest.
- Declared Class A common unit distribution of $1.00 per unit for Q1 2026.
Price Impact
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