Fast food holding company Restaurant Brands International (RBI) has reported net income attributable to common shareholders of $338m in the first quarter (Q1) of 2026.
In Q1 2025, the company’s net income attributable to common shareholders stood at $159m.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Total revenues were $2.26bn for the quarter ending 31 March 2026, up 7.4% from $2.10bn a year earlier.
Group same-store sales advanced 3.2%, helped by strong trading at Burger King in the US and continued momentum in overseas markets. Burger King US delivered same-store sales growth of 5.8%.
Internationally, RBI operations registered comparable sales growth of 5.7%.
Tim Hortons reported a 1.6% rise in comparable sales. Popeyes was the weakest brand in the portfolio, with same-store sales down 6.5% in the quarter.
RBI reported a system-wide net restaurant growth (NRG) of 2.6% for Q1 2026. This reflects a slowdown compared to 3.3% recorded in Q1 25.
Income from operations stood at $606m, higher than the $435m recorded a year earlier.
Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) were $706m, also up from $642m in the corresponding quarter of 2025.
Quarterly diluted earnings per share rose year-on-year from $0.75 to $0.86.
RBI CEO Josh Kobza said: “We delivered a strong start to the year, converting solid topline results into double-digit earnings growth while returning capital to shareholders through the resumption of share repurchases and our growing dividend.
“Tim Hortons and International each delivered their 20th consecutive quarter of positive comparable sales.
“And at Burger King, our results reflect several years of hard work by our franchisees and teams to elevate the guest experience, driving stronger engagement and clear outperformance.
“We’re executing against the plan we laid out during our Investor Day in February and remain confident in the path ahead.”
