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Starbucks (SBUX) Gross Margin: 2009-2025

Historic Gross Margin for Starbucks (SBUX) over the last 17 years, with Sep 2025 value amounting to 67.90%.

  • Starbucks' Gross Margin fell 113.00% to 67.90% in Q3 2025 from the same period last year, while for Sep 2025 it was 68.65%, marking a year-over-year decrease of 45.00%. This contributed to the annual value of 68.65% for FY2025, which is 45.00% down from last year.
  • Latest data reveals that Starbucks reported Gross Margin of 67.90% as of Q3 2025, which was down 1.22% from 68.74% recorded in Q2 2025.
  • In the past 5 years, Starbucks' Gross Margin registered a high of 70.57% during Q2 2021, and its lowest value of 67.71% during Q2 2022.
  • For the 3-year period, Starbucks' Gross Margin averaged around 68.67%, with its median value being 68.75% (2025).
  • Per our database at Business Quant, Starbucks' Gross Margin skyrocketed by 572bps in 2021 and then tumbled by 264bps in 2022.
  • Over the past 5 years, Starbucks' Gross Margin (Quarterly) stood at 69.42% in 2021, then plummeted by 164bps to 67.78% in 2022, then soared by 63bps to 68.38% in 2023, then spiked by 83bps to 69.21% in 2024, then slumped by 113bps to 67.90% in 2025.
  • Its Gross Margin stands at 67.90% for Q3 2025, versus 68.74% for Q2 2025 and 68.75% for Q1 2025.