Restaurant Brands International Inc. (QSR) Revenue by Segment

Restaurant Brands International revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Restaurant Brands International's largest business segment was Tim Hortons, with $1.14 billion or 45% of revenue, up 5.0% from a year earlier. Next: Restaurant Holdings (20%), Burger King (14%) and International (11%).

By product or service, Product brought in 42%, Royalty, Property Revenue, and Franchisor brought in 42% and Advertising brought in 16% of revenue in Q1 fiscal 2023.

By region, United States brought in 48%, Canada brought in 41% and Others brought in 11% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was International (+9.6%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Restaurant Brands International Inc.

QSRConsumer-Oriented Services

United States

Consumer-Oriented Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Tim HortonsBurger KingPopeyes Louisiana KitchenRestaurant HoldingsInternationalFirehouse SubsFirehouse Subs Brand

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Tim Hortons	USD 1.14B	45.1%	+5.0%
Restaurant Holdings	USD 506.00M	20.1%	+7.9%
Burger King	USD 342.00M	13.6%	+1.2%
International	USD 274.00M	10.9%	+9.6%
Popeyes Louisiana Kitchen	USD 199.00M	7.9%	-5.2%
Firehouse Subs	USD 62.00M	2.5%	+5.1%

Sum of items USD 2.52B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Tim Hortons	1.1B	997.0M	1.1B	1.1B	1.1B	903.0M	1.0B	1.0B	1.0B	939.0M	1.0B	1.1B	1.0B	893.0M	144.0M	1.0B	968.0M	829.0M	–	885.0M	831.0M	710.0M	782.0M	762.0M	567.0M	699.0M	872.0M	881.0M	842.0M	749.0M	852.0M	854.0M	823.0M	763.0M	–	827.0M
Burger King	342.0M	317.0M	332.0M	338.0M	338.0M	308.0M	328.0M	315.0M	340.0M	350.0M	345.0M	328.0M	327.0M	297.0M	55.0M	491.0M	473.0M	443.0M	–	467.0M	459.0M	407.0M	434.0M	433.0M	347.0M	388.0M	462.0M	457.0M	447.0M	411.0M	427.0M	416.0M	418.0M	390.0M	–	313.6M
Popeyes Louisiana Kitchen	199.0M	190.0M	195.0M	201.0M	210.0M	194.0M	201.0M	195.0M	194.0M	178.0M	182.0M	177.0M	173.0M	160.0M	3.0M	164.0M	165.0M	148.0M	–	143.0M	148.0M	143.0M	142.0M	142.0M	134.0M	138.0M	145.0M	120.0M	111.0M	106.0M	106.0M	105.0M	102.0M	101.0M	–	68.0M
Restaurant Holdings	506.0M	448.0M	480.0M	459.0M	469.0M	432.0M	445.0M	441.0M	230.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
International	274.0M	253.0M	262.0M	268.0M	250.0M	218.0M	237.0M	243.0M	233.0M	222.0M	224.0M	228.0M	219.0M	203.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Firehouse Subs	62.0M	60.0M	59.0M	60.0M	59.0M	54.0M	58.0M	53.0M	53.0M	50.0M	51.0M	–	–	37.0M	–	38.0M	33.0M	31.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Firehouse Subs Brand	–	–	–	–	–	–	–	–	–	–	–	51.0M	48.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Restaurant Brands International revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Tim Hortons	$1.1B	$997.0M	$1.1B	$1.1B	45%
Restaurant Holdings	$506.0M	$448.0M	$459.0M	$469.0M	20%
Burger King	$342.0M	$317.0M	$338.0M	$338.0M	14%
International	$274.0M	$253.0M	$268.0M	$250.0M	11%
Popeyes Louisiana Kitchen	$199.0M	$190.0M	$201.0M	$210.0M	8%
Firehouse Subs	$62.0M	$60.0M	$60.0M	$59.0M	2%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Restaurant Brands International revenue by product or service, last 4 quarters

Product or service	Q1 FY23	Q3 FY22	Q2 FY22	Q1 FY22	Share
Product	$668.0M	$759.0M	$708.0M	$609.0M	42%
Royalty, Property Revenue, and Franchisor	$668.0M	$698.0M	$676.0M	$615.0M	42%
Advertising	$254.0M	$269.0M	$255.0M	$227.0M	16%

In USD, fiscal quarters as reported; share = part of Q1 FY23 revenue.

Restaurant Brands International revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
United States	$1.2B	$1.1B	$1.1B	$1.2B	48%
Canada	$1.0B	$902.0M	$1.0B	$992.0M	41%
Others	$286.0M	$263.0M	$273.0M	$253.0M	11%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Restaurant Brands International's business segments?

Tim Hortons, Restaurant Holdings, Burger King, International, Popeyes Louisiana Kitchen and Firehouse Subs (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Restaurant Brands International?

Tim Hortons: $1.14 billion, or 45% of revenue, in Q2 fiscal 2026.

What are Restaurant Brands International's main products and services?

By revenue in Q1 fiscal 2023: Product (42%), Royalty, Property Revenue, and Franchisor (42%) and Advertising (16%).

Where does Restaurant Brands International make its money?

By region in Q2 fiscal 2026: United States (48%), Canada (41%) and Others (11%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.