Arcos Dorados, which operates McDonald’s restaurants in Latin America and the Caribbean, reported total revenue of $1.21bn in the first quarter (Q1) of 2026.

The figure represents a 12.9% year-on-year (YoY) increase compared to $1.07bn recorded in Q1 2025.

In the three months to 31 March 2026, net income attributable to the company was $36.1m, up from $13.9m in the same quarter last year.

Arcos Dorados’ consolidated net income margin improved to 3.0%, up 170 basis points on a YoY basis.

In Q1 2026, the company’s systemwide comparable sales grew by 16%, which the company said supported “strong market share performance” across the business.

Consolidated adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) during the latest quarter reached $118m, representing a 29.3% YoY growth.

Overall, Arcos Dorados added 19 new restaurants in the region during the quarter.

Arcos Dorados CEO Luis Raganato said: “Arcos Dorados has consistently added to its leading market share position and strengthened the McDonald’s Brand across our operating footprint over the last several years.

“In fact, taking 2019 as the base, through the end of 2025: total revenue grew almost 60%, Adjusted EBITDA nearly doubled, and net income was up more than 2.5×, in US dollars.

“Our objective for the coming years is to build on this incredible foundation and continue to capitalise on the significant competitive advantages we have built over the period.

“We are pursuing strategies that capitalise on the brand to monetise the significant market share advantage we hold in the region.”

Arcos Dorados holds exclusive rights to own, run and franchise McDonald’s restaurants across 21 countries and territories.

The network includes more than 2,500 restaurants, including outlets operated by sub-franchisees.