布林克国际 2026年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d)OF THE SECURITIES EXCHANGE ACT OF 1934For the Quarterly Period Ended December24, 2025Commission File Number 1-10275 BRINKER INTERNATIONAL, INC. (Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15 (d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. ☒Accelerated filer☐Smaller reporting companyEmerging growth company Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of January22, 2026: 43,550,328shares BRINKER INTERNATIONAL, INC.QUARTERLY REPORT ON FORM 10-QTABLE OF CONTENTS PagePART I. FINANCIAL INFORMATION3Item1. Financial Statements3Consolidated Statements of Comprehensive Income (Unaudited) - Thirteen and Twenty-Six Week PeriodsEnded December 24, 2025 and December 25, 20243Consolidated Balance Sheets - December 24, 2025 (Unaudited) and June 25, 20254Consolidated Statements of Cash Flows (Unaudited) - Twenty-Six Week Periods Ended December 24,2025 and December 25, 20245Consolidated Statements of Shareholders’ Equity (Unaudited) - Twenty-Six Week Periods EndedDecember 24, 2025 and December 25, 20246Notes to Consolidated Financial Statements (Unaudited)7Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item3. Quantitative and Qualitative Disclosures About Market Risk32Item4. Controls and Procedures33PART II. OTHER INFORMATION35Item1. Legal Proceedings35Item1A. Risk Factors35Item2. Unregistered Sales of Equity Securities and Use of Proceeds35Item5. Other Information35Item6. Exhibits36SIGNATURES37 See accompanying Notes to Consolidated Financial Statements (Unaudited)3 BRINKER INTERNATIONAL, INC.Consolidated Balance Sheets(In millions, except per share amounts) BRINKER INTERNATIONAL, INC.Consolidated Statements of Cash Flows (Unaudited)(In millions) See accompanying Notes to Consolidated Financial Statements (Unaudited)6 BRINKER INTERNATIONAL, INC.Notes to Consolidated Financial Statements (Unaudited)Footnote Index Note #DescriptionPageNote 1Basis of Presentation8Note 2Revenue Recognition9Note 3Fair Value Measurements10Note 4Accrued Liabilities11Note 5Leases11Note 6Debt12Note 7Commitments and Contingencies12Note 8Income Taxes13Note 9Shareholders’ Equity13Note 10Net Income Per Share14Note 11Other Gains and Charges14Note 12Segment Information15 Table of ContentsFootnote Index 1. BASIS OF PRESENTATION References to “Brinker,” the “Company,” “we,” “us,” and “our” in this Form10-Q refer to Brinker International,Inc. andits subsidiaries and any predecessor companies of Brinker International,Inc. Our Consolidated Financial Statements(Unaudited) as of December24, 2025 and June25, 2025, and for the thirteen and twenty-six week periods endedDecember 24, 2025 and December 25, 2024, have been prepared pursuant to the rules and regulations of the Securities andExchange Commission (“SEC”). We own, develop, operate and franchise the Chili’sGrill & Bar (“Chili’s”) and Maggiano’s Little Italy(“Maggiano’s”)restaurant brands. As of December24, 2025, we owned, operated or franchised 1,627 restaurants, consisting of 1,160Company-owned restaurants and 467 franchised restaurants, located in the United States, 27 other countries and twoUnited States territories. Our restaurant brands, Chili’s and Maggiano’s, are both operating segments and reporting units.®® Use of Estimates The preparation of the Consolidated Financial Statements (Unaudited) is in conformity with generally accepted accountingprinciples in the United States (“GAAP”) and requires management to make certain estimates and assumptions that affectthe reported amounts o