Restaurant Brands International Limited Partnership revenue by segment RSTRF

Restaurant Brands International Limited Partnership splits its revenue into 6 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Tim Hortons at $4.2 billion, 45% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
9,775
9,434
8,406
7,022
6,505
5,739
4,968
5,603
5,357
4,576
4,146
Tim Hortons
4,405
+6.4%
share 45.1%
4,247
+5.1%
share 45.0%
4,040
+1.7%
share 48.1%
3,972
+4.5%
share 56.6%
3,801
+14.1%
share 58.4%
3,331
+18.5%
share 58.0%
2,810
-16.0%
share 56.6%
3,344
+1.6%
share 59.7%
3,292
+4.3%
share 61.5%
3,155
share 68.9%
—
Restaurant Holdings
1,921
+6.4%
share 19.7%
1,840
+64.9%
share 19.5%
1,116
share 13.3%
—
—
—
—
—
—
—
—
Burger King
1,335
+1.7%
share 13.7%
1,316
-1.3%
share 13.9%
1,333
+2.8%
share 15.9%
1,297
+8.4%
share 18.5%
1,196
+3.5%
share 18.4%
1,156
-27.8%
share 20.1%
1,602
-9.8%
share 32.2%
1,777
+7.6%
share 31.7%
1,651
+35.4%
share 30.8%
1,219
share 26.6%
—
International
1,079
+11.0%
share 11.0%
998
+6.7%
share 10.6%
935
+7.0%
share 11.1%
874
+16.4%
share 12.4%
751
+9.2%
share 11.5%
688
share 12.0%
—
—
—
—
—
Popeyes Louisiana Kitchen
788
-2.2%
share 8.1%
800
+4.2%
share 8.5%
768
+11.0%
share 9.1%
692
+11.8%
share 9.9%
619
+10.7%
share 9.5%
559
+0.5%
share 9.7%
556
+15.4%
share 11.2%
482
+16.4%
share 8.6%
414
+105.0%
share 7.7%
202
share 4.4%
—
Firehouse Subs
246
+7.0%
share 2.5%
232
+8.4%
share 2.5%
214
+14.4%
share 2.5%
187
+35.5%
share 2.7%
138
+2660.0%
share 2.1%
5
share 0.1%
—
—
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Retail-Eating Places (SIC 5812)
Listed as
QSP (OTC), RSTRF
Fiscal year ends
December 31
Incorporated in
Ontario, Canada
Headquarters
Toronto, Ontario, Canada
SEC filer status
Large accelerated filer
SEC CIK
1618755
Former names
New Red Canada Limited Partnership (until Nov 5, 2014); New Red Canada Partnership (until Oct 31, 2014)

Other Retail-Eating Places companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.