U.S. COMPANY FILING
Restaurant Brands International Inc. — Form 10-K filed 2026-02-20
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Restaurant Brands International reported 2025 net income of $1,075 million, down from $1,445 million in 2024, due to foreign exchange losses and non-recurrence of a $79 million gain. Total revenues decreased to $9,434 million. Segment income increased across all franchisor segments. The company completed the Burger King China acquisition and reduced debt. Operating cash flow rose to $1,714 million.
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