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Segment Reporting
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
We have a single reportable segment, the U.S. segment, that is comprised of our operations in the United States. Segment information is prepared and managed on the same basis as described in our Annual Report on Form 10-K for the year ended December 31, 2024. Our CEO, who is our Chief Operating Decision Maker ("CODM"), does not evaluate asset information by reportable segment as asset information is provided to the CODM on a consolidated basis. Therefore, we do not disclose total assets by our reportable segment.
The following table presents selected financial information with respect to our single reportable segment:
Three months ended
September 30,
Nine months ended
September 30,
2025202420252024
Food and beverage revenue$2,923,260$2,725,898$8,715,180$8,269,134
Delivery service revenue14,13615,49745,09051,009
U.S. segment total revenue2,937,3962,741,3958,760,2708,320,143
Less:
Food, beverage and packaging877,386835,9962,557,9362,453,026
Labor740,769684,6302,187,2972,037,690
Occupancy153,503138,913449,426406,202
Marketing89,58658,273258,517198,112
Other operating costs, excluding marketing351,146320,0001,009,149935,943
Depreciation and amortization82,37476,013244,549224,156
Other segment items(1)
19,06618,39448,55744,485
U.S. segment income from operations623,566609,1762,004,8392,020,529
Reconciliation:
Corporate and other unallocated expenses(2)
149,182129,224497,515515,460
Other income/(loss) from operations(3)
2,788(6,696)8,155(4,468)
Interest and other income, net19,78929,30760,39770,532
Total consolidated income before income taxes$496,961$502,563$1,575,876$1,571,133
(1)Other segment items consist of pre-opening costs, impairment, closure costs, and asset disposals related to the U.S. segment.
(2)Corporate and other unallocated expenses represent corporate overhead expenses that have not been allocated to any segment for reporting purposes including general and administrative expenses.
(3)Amounts reflect the net income/(loss) from operations related to our operations in Canada, Europe and international partner-operated restaurants.