McDonald's (MCD) Revenue — Quarter Ended Jun 30, 2024
Revenue increased from the previous quarter, but was nearly flat compared to the same quarter a year ago. The sequential growth reversed the decline seen in the prior quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased from the previous quarter, but was nearly flat compared to the same quarter a year ago. The sequential growth reversed the decline seen in the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.5B
Revenue reported for this quarter.
Quarter-over-quarter
+5.2%
Change from the immediately preceding quarter.
Year-over-year
-0.1%
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 |
|---|---|---|
| Sep 30, 2023 | $6.7B | +14.0% |
| Dec 31, 2023 | $6.4B | +8.1% |
| Mar 31, 2024 | $6.2B | +4.6% |
| Jun 30, 2024 | $6.5B | -0.1% |
Revenue performance
The quarter-over-quarter improvement reflects a rebound in performance, while year-over-year comparisons remain challenging.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose moderately. Versus the same period one year earlier, revenue was essentially unchanged.
What to watch
With year-over-year revenue nearly flat, future trends in revenue growth warrant close attention.