McDonald's (MCD) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter a year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
-3.7%
Change from the immediately preceding quarter.
Year-over-year
+4.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$25.8B
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 |
|---|---|---|
| Jun 30, 2023 | $6.5B | +13.6% |
| Sep 30, 2023 | $6.7B | +14.0% |
| Dec 31, 2023 | $6.4B | +8.1% |
| Mar 31, 2024 | $6.2B | +4.6% |
Revenue performance
The quarter's revenue was lower than the prior quarter, reflecting a sequential decline.
Quarterly comparison
On a year-over-year basis, revenue grew, extending the upward trend from the same period last year.
What to watch
The sequential decline in revenue may require attention in future periods.