Starbucks (SBUX) Cost of Revenue (2009 - 2026)
Starbucks (SBUX) posted quarterly Cost of Revenue of $2.8 billion for 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.
- In Q2 2026, Cost of Revenue fell 4.29% year-over-year to $2.8 billion; the TTM figure through Jun 2026 stood at $12.4 billion (up 8.64% YoY), while the FY2025 annual figure was $11.7 billion, up 4.27% from the prior year.
- Cost of Revenue eased to $2.8 billion in Q2 2026 per SBUX's latest filing, from $3.2 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.3 billion in Q4 2025 and bottomed at $2.5 billion in Q2 2022.
- Historically, Cost of Revenue has averaged $2.8 billion across 5 years, with a median of $2.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue gained 23.76% — and 2024, when it decreased 5.46%.
- Starbucks' Cost of Revenue stood at $2.7 billion in 2022, then gained by 9.94% to $3.0 billion in 2023, then slipped by 2.92% to $2.9 billion in 2024, then climbed by 13.13% to $3.3 billion in 2025, then dropped by 13.59% to $2.8 billion in 2026.
- Business Quant data shows SBUX's Cost of Revenue at $2.8 billion in Q2 2026, $3.2 billion in Q1 2026, and $3.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 192.15 Bn | 191.33 Bn | 6.42 Bn | 680.00 Mn |
| 2 | Starbucks | 122.32 Bn | 118.71 Bn | 6.49 Bn | 2.83 Bn |
| 3 | Chipotle Mexican Grill | 46.99 Bn | 46.31 Bn | 2.35 Bn | 993.57 Mn |
| 4 | Yum Brands | 42.11 Bn | 41.44 Bn | 1.47 Bn | 700.00 Mn |
| 5 | Restaurant Brands International | 28.08 Bn | 27.02 Bn | 1.89 Bn | 635.00 Mn |
| 6 | Darden Restaurants | 25.61 Bn | 25.39 Bn | 3.68 Bn | 43.20 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 635.00 Mn |
| 8 | Yum China Holdings | 17.21 Bn | 15.83 Bn | 2.22 Bn | 918.00 Mn |
| 9 | Texas Roadhouse | 13.43 Bn | 13.22 Bn | 1.44 Bn | 237.02 Mn |
| 10 | Dominos Pizza | 11.33 Bn | 11.13 Bn | 478.23 Mn | 716.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 2.83 Bn |
| Jun 28, 2026 | 2.83 Bn |
| Mar 29, 2026 | 3.21 Bn |
| Mar 29, 2026 | 3.21 Bn |
| Dec 28, 2025 | 3.27 Bn |
| Dec 28, 2025 | 3.27 Bn |
| Sep 28, 2025 | 3.07 Bn |
| Sep 28, 2025 | 3.07 Bn |
| Jun 29, 2025 | 2.96 Bn |
| Jun 29, 2025 | 2.96 Bn |
| Mar 30, 2025 | 2.74 Bn |
| Mar 30, 2025 | 2.74 Bn |
| Dec 29, 2024 | 2.89 Bn |
| Dec 29, 2024 | 2.89 Bn |
| Sep 29, 2024 | 2.81 Bn |
| Sep 29, 2024 | 2.81 Bn |
| Jun 30, 2024 | 2.74 Bn |
| Jun 30, 2024 | 2.74 Bn |
| Mar 31, 2024 | 2.65 Bn |
| Mar 31, 2024 | 2.65 Bn |