Starbucks Corporation

SBUX Consumer Cyclical Restaurants

Starbucks Corporation’s revenue for fiscal 2026 (year ended September 2026) was $37.9 billion, up 1.95% from fiscal 2025.

Revenue
−4.47%
EPS
+85.7%
Free cash flow
+8.93%
Total debt
−17.4%

Quarter to September 2026, against a year earlier

106.39 0.23 +0.22%
Market cap
$121.0B
P/E
61.1×
Fwd P/E
44.7×
Dividend yield
2.33%
F-score
n/a
Altman Z
n/a
Beneish M
−2.95
Dividend safety
42/100

Starbucks Corporation (SBUX) Gross margin

Alert me on Gross margin

Starbucks Corporation's gross margin over the twelve months to 30 September 2026 was 67.7%. Over the past ten years it has ranged from 59.4% (fiscal 2015) to 69.9% (fiscal 2021); the current reading is higher than 33% of that period. That is above the Restaurants industry median of 38.9% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 67.7% (0.92)
FY2025 68.7% (0.44)
FY2024 69.1% 0.80
FY2023 68.3% 0.28
FY2022 68.0% (1.92)
FY2021 69.9% 2.65
FY2020 67.3% (0.55)
FY2019 67.8% (0.09)
FY2018 67.9% (0.52)
FY2017 68.4% 8.36

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 68.0% (1.65)
Jun 2026 69.7% 3.32
Mar 2026 66.3% (0.64)
Dec 2025 67.0% (0.92)
43 more quarters

Against its own ten years

Low 59.4% High 69.9%
Ten-year median 68.0%
Current reading's percentile 33

Gross margin against peers

Company Gross margin
SBUX Starbucks Corporation 67.7%
YUM Yum! Brands, Inc. compare 67.4%
MCD McDonald's Corporation compare 57.6%
QSR Restaurant Brands International Inc. compare 48.7%
DPZ Domino's Pizza Inc compare 40.0%
CMG Chipotle Mexican Grill, Inc. compare 23.8%
DRI Darden Restaurants, Inc. compare 21.7%
TXRH Texas Roadhouse, Inc. compare 15.7%
YUMC Yum China compare 0.00%
Restaurants industry median 38.9%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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