Arcos Dorados Holdings Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission on November 12, 2026, reporting unaudited financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Total revenues of $1.328 billion: up 11.3% in U.S. dollars versus the prior year quarter, according to the filing.
  • Systemwide comparable sales rose 15.5%: driven by higher average check and positive guest traffic, the company disclosed.
  • Consolidated Adjusted EBITDA of $125.9 million: up 9.0% versus the prior year period when excluding the $85.6 million net federal tax credit recognized in Brazil in 2025.
  • Net income of $31.2 million, or $0.15 per share: compared with $150.4 million and $0.71 per share in the prior year quarter, which included the full impact of the Brazil tax credit.
  • Adjusted Free Cash Flow of $156.3 million: over the last twelve months, compared with $52.6 million in the prior-year comparable period.
  • Board approved a $25 million share repurchase program: covering Class A shares to be purchased and canceled over the next six months.
  • Digital sales grew approximately 22% year-over-year: representing more than 66% of third quarter systemwide sales, with Loyalty Program membership reaching almost 38 million members.

Arcos Dorados Third Quarter 2026 Financial Results in Detail

Arcos Dorados Holdings Inc. (NYSE:ARCO), described in the filing as Latin America and the Caribbean's largest restaurant chain and the world's largest independent McDonald's franchisee, reported total revenues of $1,328.0 million for the third quarter of 2026. Sales by company-operated restaurants reached $1,267.2 million, up 11.2% as reported, while revenues from franchised restaurants totaled $60.8 million, up 13.7% as reported. The total restaurant count grew from 2,479 units at September 30, 2025 to 2,582 units at September 30, 2026, according to the filing.

Consolidated Adjusted EBITDA was $125.9 million, with a 9.5% margin for the quarter. The filing noted that the year-over-year decline in reported Adjusted EBITDA reflected a high prior-year comparison base that included an $85.6 million positive impact from a net federal tax credit in Brazil. Excluding that effect, Adjusted EBITDA rose 9.0% and margin contracted 20 basis points. The company disclosed that Food and Paper costs as a percentage of revenue improved 90 basis points year-over-year, marking the third consecutive quarter of improvement, with all three divisions contributing. Higher Payroll and Occupancy and Other Operating expenses as a percentage of revenues partially offset those gains.

The Board of Directors approved an open market share repurchase program of up to $25 million of the company's Class A shares, to be purchased and canceled over the next six months. The filing stated this reflects "its confidence in the Company's long-term value and a commitment to returning capital to shareholders." Through the first nine months of 2026, the company reported 13% total revenue growth and 17% Adjusted EBITDA growth in U.S. dollars, excluding the net federal tax benefit in Brazil recognized in the prior year. Total weighted average shares outstanding were 210,663,057 in both the current and prior year quarters.

What Was Disclosed

Arcos Dorados filed a Form 6-K on November 12, 2026 disclosing unaudited third quarter 2026 results, including revenues of $1.328 billion, Adjusted EBITDA of $125.9 million, net income of $31.2 million, and a new $25 million Class A share repurchase program.