secwatch.observer — SEC 8-K summary
======================================

Issuer:     Restaurant Brands International Limited Partnership (RSTRF)
CIK:        0001618755
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001618755-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBI Q4 2025: system-wide sales +5.8%, comps +3.1%, organic AOI +15.6%
---------------------------------------------------------------------

- Q4 system-wide sales $12.1B (+5.8% constant currency); comparable sales +3.1% led by INTL (+6.1%).
- Full year 2025: system-wide sales $46.8B (+5.3%); comparable sales +2.4%; net restaurant growth 2.9% to 33,041 units.
- Q4 AOI $674M (+15.6% organic); full year AOI $2,584M (+8.3% organic).
- Q4 Adj. EPS $0.96 (+18.7% nominal); full year Adj. EPS $3.69 (+10.7% nominal).
- Returned ~$1.1B of capital to shareholders in 2025; net leverage 4.2x (down from 4.6x).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618755/000161875526000004/0001618755-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618755/000161875526000004/qsr-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001618755-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer