What is the current annual gross margin of QSR?

As of today, QSR annual gross margin is 33.85%

What is 1-year change in QSR annual gross margin?

QSR annual gross margin is down -34.60% year-over-year

What is 3-year change in QSR annual gross margin?

QSR annual gross margin is down -39.54% over the past 3 years

How far is QSR annual gross margin from its all-time high?

QSR annual gross margin is currently -52.99% below its historical high of 72.00% set on December 31, 2014

How does QSR annual gross margin rank versus sector peers?

QSR annual gross margin is higher than 58.74% of companies in Consumer Cyclical sector

When is QSR next annual earnings release?

The next annual earnings release for QSR is on February 11, 2027

What is the current quarterly gross margin of QSR?

As of today, QSR quarterly gross margin is 49.31%

What is QSR quarterly gross margin most recent change?

QSR quarterly gross margin was up +0.37% on September 30, 2026

What is 1-year change in QSR quarterly gross margin?

QSR quarterly gross margin is up +1.90% year-over-year

How far is QSR quarterly gross margin from its all-time high?

QSR quarterly gross margin is currently -37.60% below its historical high of 79.02% set on June 30, 2014

How does QSR quarterly gross margin rank versus sector peers?

QSR quarterly gross margin is higher than 77.91% of companies in Consumer Cyclical sector

When is QSR next earnings release?

The next earnings release for QSR is on February 11, 2027

QSR Gross Margin History & Chart Since 2012

Annual Gross Margin

33.85%17.91%-34.60%

December 31, 2025

Summary

Current Value: As of today, QSR annual gross margin is 33.85%, down -34.60% on December 31, 2025
Historical Performance: QSR annual gross margin is down -39.54% over the past 3 years, down -40.13% over the past 5 years
All-Time High Comparison: QSR annual gross margin is currently -52.99% below its historical high of 72.00% set on December 31, 2014
3-Year Low Comparison: QSR annual gross margin is at its 3-year low
Sector Comparison: QSR annual gross margin is higher than 58.74% of companies in Consumer Cyclical sector

Gross Margin Chart

beforeafter

Performance

QSR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	33.85%	-34.6%	-39.5%	-40.1%	-16.7%
Quarterly Gross Margin	Sep 30, 26	49.31%	+1.9%	-16.1%	-16.3%	-35.7%
Price	Nov 5, 26	$78.55	+17.2%	+15.9%	+32.2%	–
PE Ratio	Nov 5, 26	19.79	-17.2%	-15.4%	-19.4%	–
Annual Revenue	Dec 31, 25	$9.43B	+12.2%	+45.0%	+89.9%	+378.7%
Annual Gross Profit	Dec 31, 25	$3.19B	-26.6%	-12.3%	+13.7%	+298.6%
Annual Operating Margin	Dec 31, 25	26.38%	-4.8%	-15.4%	-17.0%	-1.6%
Annual Net Margin	Dec 31, 25	12.73%	-25.9%	-44.1%	-15.7%	+113.2%

Gross Margin Highs

QSR Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	57.93%	Dec 31, 23	-41.6%
5Y	58.32%	Dec 31, 21	-42.0%
All	72.00%	Dec 31, 14	-53.0%

Gross Margin Lows

QSR Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	33.85%	Dec 31, 25	at low
5Y	33.85%	Dec 31, 25	at low
All	33.85%	Dec 31, 25	at low

Gross Margin History

Year	Value	Change
2025	33.85%	-34.6%
2024	51.76%	-10.7%
2023	57.93%	+3.5%
2022	55.99%	-4.0%
2021	58.32%	+3.1%
2020	56.54%	-1.8%
2019	57.58%	-0.4%

Year	Value	Change
2018	57.83%	+18.7%
2017	48.70%	+3.9%
2016	46.86%	+10.7%
2015	42.32%	-41.2%
2014	72.00%	+4.6%
2013	68.85%	+69.4%
2012	40.64%	-

FAQ

What is the current annual gross margin of QSR?: As of today, QSR annual gross margin is 33.85%
What is 1-year change in QSR annual gross margin?: QSR annual gross margin is down -34.60% year-over-year
What is 3-year change in QSR annual gross margin?: QSR annual gross margin is down -39.54% over the past 3 years
How far is QSR annual gross margin from its all-time high?: QSR annual gross margin is currently -52.99% below its historical high of 72.00% set on December 31, 2014
How does QSR annual gross margin rank versus sector peers?: QSR annual gross margin is higher than 58.74% of companies in Consumer Cyclical sector
When is QSR next annual earnings release?: The next annual earnings release for QSR is on February 11, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

49.31%0.18%+0.37%

September 30, 2026

Summary

Current Value: As of today, QSR quarterly gross margin is 49.31%, up +0.37% on September 30, 2026
Historical Performance: QSR quarterly gross margin is up +1.90% year-over-year, down -16.13% over the past 3 years
All-Time High Comparison: QSR quarterly gross margin is currently -37.60% below its historical high of 79.02% set on June 30, 2014
3-Year Low Comparison: QSR quarterly gross margin is +52.38% above its 3-year low of 32.36% reached on December 31, 2024
Sector Comparison: QSR quarterly gross margin is higher than 77.91% of companies in Consumer Cyclical sector

Performance

QSR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	49.31%	+0.4%	+1.9%	-16.1%	-16.3%
Annual Gross Margin	Dec 31, 25	33.85%	–	-34.6%	-39.5%	-40.1%
Price	Nov 5, 26	$78.55	+5.5%	+17.2%	+15.9%	+32.2%
PE Ratio	Nov 5, 26	19.79	-10.1%	-17.2%	-15.4%	-19.4%
Quarterly Revenue	Sep 30, 26	$2.53B	+0.2%	+3.1%	+37.5%	+68.9%
Quarterly Gross Profit	Sep 30, 26	$1.25B	+0.6%	+5.1%	+15.3%	+41.3%
Quarterly Operating Margin	Sep 30, 26	28.32%	+3.0%	+1.8%	-13.0%	-20.1%
Quarterly Net Margin	Sep 30, 26	27.88%	+5.7%	+55.1%	+40.7%	+26.7%

Quarterly Gross Margin Highs

QSR Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	49.65%	Mar 31, 26	-0.7%
3Y	58.79%	N/A	-16.1%
5Y	58.93%	N/A	-16.3%
All	79.02%	Jun 30, 14	-37.6%

Quarterly Gross Margin Lows

QSR Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	47.49%	Dec 31, 25	+3.8%
3Y	32.36%	Dec 31, 24	+52.4%
5Y	32.36%	Dec 31, 24	+52.4%
All	32.36%	Dec 31, 24	+52.4%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	49.31%	+0.4%
Jun 2026	49.13%	-1.0%
Mar 2026	49.65%	+4.5%
Dec 2025	47.49%	-1.9%
Sep 2025	48.39%	-1.0%
Jun 2025	48.88%	-1.0%
Mar 2025	49.36%	+52.5%
Dec 2024	32.36%	-36.2%
Sep 2024	50.76%	-5.8%
Jun 2024	53.89%	-6.9%
Mar 2024	57.91%	+1.7%
Dec 2023	56.92%	-3.2%
Sep 2023	58.79%	+2.2%
Jun 2023	57.52%	+0.7%
Mar 2023	57.11%	+3.5%
Dec 2022	55.18%	-1.5%
Sep 2022	56.03%	-0.4%
Jun 2022	56.25%	-0.6%
Mar 2022	56.58%	-0.5%
Dec 2021	56.86%	-3.5%
Sep 2021	58.93%	+0.2%
Jun 2021	58.83%	+0.0%
Mar 2021	58.81%	+5.2%
Dec 2020	55.89%	-4.9%
Sep 2020	58.79%	+8.3%
Jun 2020	54.29%	-4.3%

Month	Value	Change
Mar 2020	56.73%	-1.9%
Dec 2019	57.81%	-0.3%
Sep 2019	57.96%	+0.7%
Jun 2019	57.57%	+1.2%
Mar 2019	56.87%	-2.2%
Dec 2018	58.12%	+0.6%
Sep 2018	57.79%	-1.3%
Jun 2018	58.55%	+2.4%
Mar 2018	57.17%	+13.3%
Dec 2017	50.47%	+3.0%
Sep 2017	49.00%	+0.2%
Jun 2017	48.91%	+6.5%
Mar 2017	45.93%	-4.5%
Dec 2016	48.09%	+2.5%
Sep 2016	46.92%	+0.4%
Jun 2016	46.71%	+2.7%
Mar 2016	45.47%	+4.2%
Dec 2015	43.65%	-1.3%
Sep 2015	44.24%	+6.9%
Jun 2015	41.40%	+6.9%
Mar 2015	38.74%	-33.1%
Dec 2014	57.94%	-25.7%
Sep 2014	77.98%	-1.3%
Jun 2014	79.02%	+3.0%
Mar 2014	76.71%	-

FAQ

What is the current quarterly gross margin of QSR?: As of today, QSR quarterly gross margin is 49.31%
What is QSR quarterly gross margin most recent change?: QSR quarterly gross margin was up +0.37% on September 30, 2026
What is 1-year change in QSR quarterly gross margin?: QSR quarterly gross margin is up +1.90% year-over-year
How far is QSR quarterly gross margin from its all-time high?: QSR quarterly gross margin is currently -37.60% below its historical high of 79.02% set on June 30, 2014
How does QSR quarterly gross margin rank versus sector peers?: QSR quarterly gross margin is higher than 77.91% of companies in Consumer Cyclical sector
When is QSR next earnings release?: The next earnings release for QSR is on February 11, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

QSR Official Website www.rbi.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1618756/000161875626000006/0001618756-26-000006-index.htm
QSR Profile on Yahoo Finance finance.yahoo.com/quote/QSR
QSR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/qsr