Starbucks (SBUX) Gross Margin (2009 - 2026)

Starbucks (SBUX) has 18 years of Gross Margin data on file, last reported at 66.34% in Q1 2026.

• On a quarterly basis, Gross Margin fell 3208.0% year-over-year to 66.34% in Q1 2026; TTM through Mar 2026 was 53.6%, a 2278.0% decrease from a year earlier, with the FY2025 full-year figure at 68.65%, down 45.0% from the prior year.
• Gross Margin for Q1 2026 stood at 66.34%, down from 66.98% in the prior quarter.
• Over the last five years, Gross Margin for SBUX reached as high as 184.91% in Q4 2022 and fell as low as 17.51% in Q4 2023.
• Historically, Gross Margin has averaged 77.0% across 5 years, with a median of 69.57% in 2024.
• Across the five-year window, Gross Margin plunged 20243 bps in 2023 and soared 8654 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 184.91% in 2022, then sank by 47 bps to 98.4% in 2023, then dropped by 30 bps to 69.21% in 2024, then decreased by 3 bps to 66.98% in 2025, then fell by 1 bps to 66.34% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 66.34% in Q1 2026, 66.98% in Q4 2025, and 17.21% in Q3 2025.