The latest data point for MCD's profit margins in Q1'26 shows Gross Margin at no data, Operating Margin at 45.3%, and Net Profit Margin at 30.4%, reflecting a stable but slightly declining net performance compared to the prior quarter's 30.9% net margin. Over the period from Q2'23 to Q1'26, Gross Margin has remained relatively stable, fluctuating between 56.8% and 60.1% with a slight upward trend in recent quarters, peaking at 60.1% in Q2'25 before settling around 59-60%. Operating Margin exhibits moderate volatility, ranging from 43.7% to 47.9%, with notable recoveries in Q3'24 (46.4%) and Q2-Q3'25 (47.2-47.4%) following dips in Q4'23 and Q4'25. Net Profit Margin has trended downward overall from 35.6% in Q2'23 to 30.4% in Q1'26, with lows around 30.9-31.3% in 2024-2025, indicating persistent pressures on bottom-line profitability despite gross stability.