REVENUE RECOGNITION (Tables)

12 Months Ended

Jun. 25, 2025

Changes in Deferred Franchise and Development Fees

The following table reflects the changes in deferred franchise and development fees for the fiscal years ended on June 25, 2025 and June 26, 2024:



	June 25, 2025		June 26, 2024
Beginning balance	$	9.7	$	11.1
Additions	1.5		0.6

Amount recognized to Franchise revenues	(1.4)		(2.0)
Ending balance	$	9.8	$	9.7

Remaining Deferred Franchise and Development Fees to be Recognized

The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of June 25, 2025:


Fiscal Year	Franchise and Development Fees Revenue Recognition
2026	$	0.8
2027	0.8
2028	0.7
2029	0.6
2030	0.5
Thereafter	6.4
	$	9.8

Changes in Gift Card Liability

The following table reflects the changes in the Gift card liability for fiscal years ended on June 25, 2025 and June 26, 2024:



	June 25, 2025		June 26, 2024
Beginning balance	$	64.8	$	73.0
Gift card sales	122.8		122.2
Gift card redemptions recognized to Company sales	(120.4)		(119.5)
Gift card breakage recognized to Company sales	(10.0)		(11.1)
Other	—		0.2
Ending balance	$	57.2	$	64.8

BRINKER INTERNATIONAL, INC 10-K