Starbucks Corporation
SBUX Consumer Cyclical Restaurants
Starbucks Corporation’s revenue for fiscal 2025 (year ended September 2025) was $37.2 billion, up 2.79% from fiscal 2024. In the quarter to June 2026, revenue fell 1.41%, EPS grew 85.7%, free cash flow grew 211.0% and total debt fell 23.3%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for five; insiders bought in the last twelve months.
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Starbucks Corporation (SBUX) Gross margin
Starbucks Corporation's gross margin over the twelve months to 30 June 2026 was 67.7%, down 0.9 percentage points from fiscal 2025 (68.7%). Over the past ten years it has ranged from 59.4% (fiscal 2015) to 69.9% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Restaurants industry median of 38.8% and above the Consumer Cyclical sector median of 35.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| 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 |
| FY2016 | 60.1% | 0.72 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 69.7% | 3.32 |
| Mar 2026 | 66.3% | (0.64) |
| Dec 2025 | 67.0% | (0.92) |
| Sep 2025 | 67.9% | (0.84) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| YUM Yum! Brands, Inc. compare | 68.1% |
| SBUX Starbucks Corporation | 67.7% |
| MCD McDonald's Corporation compare | 57.4% |
| QSR Restaurant Brands International Inc. compare | 48.5% |
| DPZ Domino's Pizza Inc compare | 40.0% |
| CMG Chipotle Mexican Grill, Inc. compare | 24.1% |
| YUMC Yum China compare | 22.0% |
| DRI Darden Restaurants, Inc. compare | 21.7% |
| TXRH Texas Roadhouse, Inc. compare | 15.7% |
| Restaurants industry median | 38.8% |
| Consumer Cyclical sector median | 35.0% |
| Market median | 46.2% |
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
More on SBUX
- Revenue
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- EPS (diluted)
- EBITDA
- Free cash flow
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- Net margin
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- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
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