Starbucks (SBUX) Cost of Revenue (2009 - 2026)
Starbucks' (SBUX) quarterly Cost of Revenue came in at $2.8 billion in Q2 2026, down 4.29% year-over-year from $3.0 billion in Q2 2025, and down 11.84% quarter-over-quarter from $3.2 billion in Q1 2026.
Starbucks (SBUX) Cost of Revenue (2009 - 2026) Analysis & Trends
Starbucks (SBUX) has reported Cost of Revenue for 18 consecutive years, with $2.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 4.29% year-over-year to $2.8 billion in Q2 2026; TTM through Jun 2026 was $12.4 billion, a 8.64% increase from a year earlier, with the FY2025 full-year figure at $11.7 billion, up 4.27% from the prior year.
- Cost of Revenue was $2.8 billion for Q2 2026 at Starbucks, down from $3.2 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $3.3 billion in Q4 2025 and troughed at $2.5 billion in Q2 2022.
- A 5-year average of $2.8 billion and a median of $2.8 billion in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue rose 23.76% in 2022 and retreated 5.46% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $2.7 billion in 2022, then increased by 9.94% to $3.0 billion in 2023, then retreated by 2.92% to $2.9 billion in 2024, then gained by 13.13% to $3.3 billion in 2025, then decreased by 13.59% to $2.8 billion in 2026.
- The last three Cost of Revenue figures came in at $2.8 billion (Q2 2026), $3.2 billion (Q1 2026), and $3.3 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 680.00 Mn |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 2.83 Bn |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 993.57 Mn |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 700.00 Mn |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 635.00 Mn |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 43.20 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 635.00 Mn |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 918.00 Mn |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 237.02 Mn |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 716.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 2.83 Bn |
| Mar 29, 2026 | 3.21 Bn |
| Dec 28, 2025 | 3.27 Bn |
| Sep 28, 2025 | 3.07 Bn |
| Jun 29, 2025 | 2.96 Bn |
| Mar 30, 2025 | 2.74 Bn |
| Dec 29, 2024 | 2.89 Bn |
| Sep 29, 2024 | 2.81 Bn |
| Jun 30, 2024 | 2.74 Bn |
| Mar 31, 2024 | 2.65 Bn |
| Dec 31, 2023 | 2.98 Bn |
| Oct 1, 2023 | 2.93 Bn |
| Jul 2, 2023 | 2.86 Bn |
| Apr 2, 2023 | 2.80 Bn |
| Jan 1, 2023 | 2.81 Bn |
| Oct 2, 2022 | 2.71 Bn |
| Jul 3, 2022 | 2.61 Bn |
| Apr 3, 2022 | 2.47 Bn |
| Jan 2, 2022 | 2.53 Bn |
| Oct 3, 2021 | 2.49 Bn |
Starbucks Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SBUX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SBUX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SBUX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();