Restaurant Brands Q4 Revenue Rises 7.4%, Earnings Beat Estimates

Restaurant Brands International Inc., the Toronto-based parent company of Burger King, Tim Hortons, Popeyes Louisiana Kitchen and Firehouse Subs, reported fourth-quarter results on Thursday that showed revenue growth and adjusted earnings surpassing analyst expectations, driven by value-oriented menus amid economic pressures on consumers.

For the quarter ended December 31, 2025, the company posted revenue of $2.47 billion, a 7.4 percent increase from $2.30 billion in the same period a year earlier. Systemwide sales, which include sales at franchised locations, reached $12.13 billion, up from $11.28 billion. Comparable sales across its brands grew 3.1 percent, exceeding forecasts of 2.8 percent, according to data compiled by LSEG.

Net profit attributable to common shareholders fell to $113 million, or 34 cents per diluted share, compared with $259 million, or 79 cents per share, in the prior year's fourth quarter. The decline reflected one-time factors not detailed in the release. On an adjusted basis, however, earnings rose to 96 cents per share, topping estimates of 95 cents and marking an improvement from 81 cents a year ago.

The performance was bolstered by steady customer...