Restaurant Brands Q3 2025: system-wide sales +6.9%, comparable sales +4.0%, Adj. EPS $1.03

Restaurant Brands International Inc.

2025-Q3 EPS reported $2.01 revenue$6,968,000,000

Q3 system-wide sales $12.28B (+6.9% YoY); comparable sales +4.0% with BK Int'l 6.4%, TH Canada 4.2%, BK US 3.2%.
Total revenues $2.45B; income from operations $663M (+14.8% YoY); Adj. operating income $702M (+8.8% organic).
Adj. diluted EPS $1.03 (+10.7% YoY); organic Adj. EPS growth 11.9%.
Net leverage improved to 4.4x from 4.8x; net restaurant growth 2.8% to 32,423 units.
Management reaffirms 2025 guidance: at least 8% organic Adjusted Operating Income growth.

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