Sunday 1 November 2026 Export SBUX’s income statement to Excel — free account

Starbucks Corporation

Starbucks Corporation’s revenue for fiscal 2025 (year ended September 2025) was $37.2 billion, up 2.79% from fiscal 2024.

Revenue: −1.41%
EPS: +85.7%
Free cash flow: +211.0%
Total debt: −23.3%

Quarter to June 2026, against a year earlier

103.67 1.84 −1.74%

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Market cap: $120.3B
P/E: 59.7×
Fwd P/E: 44.7×
Dividend yield: 2.99%
F-score: 4/9
Altman Z: 2.43
Beneish M: −2.88
Dividend safety: 26/100

Overview Business Profile Earnings & Analysis Segments Filings

Starbucks Corporation (SBUX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
North America	27,373	73.61%
International	7,820	21.03%
Channel Development	1,872	5.03%
Corporate and Other	120	0.32%
Gross margin		68.65%
Operating margin		7.90%
Pre-tax margin		6.74%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2011	FY2010	FY2009	FY2008
Beverage (1)	22,540 60.62%	21,884 60.49%	21,685 60.28%	19,555 60.64%	18,317 63.03%	14,338 60.96%	7,217 61.68%	6,750 63.04%	6,238 63.82%	6,663 64.18%
Other (3)	7,595 20.42%	7,543 20.85%	7,706 21.42%	6,891 21.37%	5,690 19.58%	5,381 22.88%	1,024 8.76%	947 8.85%	891 9.11%	1,220 11.75%
Food (2)	7,050 18.96%	6,749 18.66%	6,585 18.30%	5,804 18.00%	5,053 17.39%	3,799 16.15%	2,008 17.16%	1,879 17.55%	1,680 17.19%	1,512 14.56%
Packaged and Single Serve Coffees	—	—	—	—	—	—	1,451 12.40%	1,131 10.57%	965 9.87%	988 9.51%
Also reported: a second breakdown of the same revenue
Company-Operated Stores	30,745 82.68%	29,766 82.28%	29,462 81.90%	26,576 82.41%	24,607 84.67%	19,165 81.49%	—	—	—	—
Licensed Stores	4,350 11.70%	4,505 12.45%	4,513 12.54%	3,656 11.33%	2,684 9.23%	2,327 9.89%	—	—	—	—
Other	2,089 5.62%	1,905 5.27%	2,001 5.56%	2,019 6.26%	1,770 6.09%	2,026 8.62%	—	—	—	—
Revenue	37,184	36,176	35,976	32,250	29,061	23,518	11,700	10,707	9,775	10,383

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
North America	27,373 73.61%	27,010 74.66%	26,570 73.85%	23,371 72.47%	20,448 70.36%	16,296 69.29%	18,130 68.39%	—	—	—	—	—	—	—	—	—	—
International	7,820 21.03%	7,339 20.29%	7,488 20.81%	6,940 21.52%	6,922 23.82%	5,231 22.24%	6,319 23.84%	5,551 22.46%	4,204 18.78%	—	—	—	—	—	—	—	—
Channel Development	1,872 5.03%	1,770 4.89%	1,894 5.26%	1,844 5.72%	1,594 5.48%	1,925 8.19%	1,993 7.52%	2,297 9.29%	2,257 10.08%	2,195 10.30%	1,731 9.03%	1,546 9.40%	1,399 9.41%	1,273 9.59%	861 7.35%	707 6.61%	674 6.90%
Corporate and Other	120 0.32%	58 0.16%	25 0.07%	—	—	—	66 0.25%	122 0.50%	297 1.32%	335 1.57%	—	—	—	—	—	—	—
Americas	—	—	—	—	—	—	—	16,749 67.75%	15,629 69.82%	14,775 69.32%	13,293 69.37%	11,981 72.84%	11,001 74.00%	9,936 74.84%	9,065 77.48%	8,489 79.28%	—
China / Asia Pacific	—	—	—	—	—	—	—	—	—	2,939 13.79%	2,396 12.50%	1,130 6.87%	917 6.17%	721 5.43%	552 4.72%	407 3.80%	—
Emea	—	—	—	—	—	—	—	—	—	1,072 5.03%	1,217 6.35%	1,295 7.87%	1,160 7.80%	1,141 8.60%	1,047 8.95%	953 8.90%	—
Other Segments	—	—	—	—	—	—	—	—	—	—	526 2.74%	497 3.02%	390 2.62%	205 1.54%	176 1.50%	151 1.41%	124 1.27%
United States Member	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	7,062 72.25%
International Member	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1,914 19.58%
Revenue	37,184	36,176	35,976	32,250	29,061	23,518	26,509	24,720	22,387	21,316	19,163	16,448	14,867	13,277	11,700	10,707	9,775

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
North America	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Channel Development	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Americas	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China / Asia Pacific	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Emea	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other Segments	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
United States Member	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International Member	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
United States	27,125 72.95%	26,707 73.83%	26,398 73.38%	23,366 72.45%	20,378 70.12%	16,880 71.77%	18,623 70.25%	17,409 70.43%	16,527 73.83%	15,775 74.00%	14,124 73.70%	12,591 76.55%	11,390 76.61%	10,155 76.49%	—	—	—
Other countries	6,899 18.55%	6,461 17.86%	6,496 18.06%	5,876 18.22%	5,008 17.23%	4,055 17.24%	5,014 18.91%	4,954 20.04%	5,860 26.17%	5,541 26.00%	5,039 26.30%	3,857 23.45%	3,477 23.39%	3,122 23.51%	2,734 23.36%	2,372 22.15%	1,987 20.33%
China	3,161 8.50%	3,008 8.32%	3,082 8.57%	3,008 9.33%	3,675 12.65%	2,583 10.98%	2,872 10.83%	2,356 9.53%	—	—	—	—	—	—	—	—	—
United States Member	—	—	—	—	—	—	—	—	—	—	—	—	—	—	8,967 76.64%	8,335 77.85%	7,788 79.67%
Revenue	37,184	36,176	35,976	32,250	29,061	23,518	26,509	24,720	22,387	21,316	19,163	16,448	14,867	13,277	11,700	10,707	9,775

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
China average ticket	Q2 FY2026	−1.60%	—	—
China comparable store sales	Q2 FY2026	0.50%	—	—
China comparable transactions	Q2 FY2026	2.10%	—	—
China store count	Q2 FY2026	8.0K	—	—
Global average ticket	Q4 FY2026	5.20%	—	—
Global comparable store sales	Q4 FY2026	7.20%	1.00%	—
Global comparable transactions	Q4 FY2026	1.80%	—	—
International average ticket	Q4 FY2026	3.70%	—	—
International comparable store sales	Q4 FY2026	0.90%	3.00%	—
International comparable transactions	Q4 FY2026	−2.80%	6.00%	—
International store count	Q4 FY2026	23.4K	22.7K	+3.32%
Net new stores opened	Q4 FY2026	303.00	—	—
North America average ticket	Q4 FY2026	5.00%	1.00%	—
North America comparable store sales	Q4 FY2026	7.90%	—	—
North America comparable transactions	Q4 FY2026	2.70%	—	—
North America store count	Q4 FY2026	18.2K	18.3K	−0.74%
Total stores	Q4 FY2026	41.6K	41.0K	+1.51%
U.S. average ticket	Q4 FY2026	5.20%	—	—
U.S. comparable store sales	Q4 FY2026	7.70%	—	—
U.S. comparable transactions	Q4 FY2026	2.40%	—	—
U.S. store count	Q4 FY2026	16.8K	16.9K	−0.49%

	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024
China average ticket	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China comparable store sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China comparable transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China store count	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global average ticket	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global comparable store sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global comparable transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International average ticket	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International comparable store sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International comparable transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International store count	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net new stores opened	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
North America average ticket	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
North America comparable store sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
North America comparable transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
North America store count	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total stores	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
U.S. average ticket	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
U.S. comparable store sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
U.S. comparable transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
U.S. store count	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.