McDonald's (MCD) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the latest reporting period. The growth was seen both sequentially and compared to the same period a year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the latest reporting period. The growth was seen both sequentially and compared to the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.7B
Revenue reported for this quarter.
Quarter-over-quarter
+3.0%
Change from the immediately preceding quarter.
Year-over-year
+14.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$25B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $5.9B | -1.4% |
| Mar 31, 2023 | $5.9B | +4.1% |
| Jun 30, 2023 | $6.5B | +13.6% |
| Sep 30, 2023 | $6.7B | +14.0% |
Revenue performance
The company reported higher revenue, marking a continuation of its upward trend. The sequential improvement from the prior quarter was accompanied by a larger increase versus the year-ago period.
Quarterly comparison
Revenue rose compared to both the immediately preceding quarter and the corresponding quarter one year earlier, reflecting broad-based growth.
What to watch
Monitor whether the company can sustain its revenue growth momentum amid changing consumer spending patterns.