KPIs & Operating Metrics(New)
Growth Metrics

Starbucks (SBUX) Gross Margin (2016 - 2025)

Starbucks (SBUX) has disclosed Gross Margin for 17 consecutive years, with 66.98% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 223.0% to 66.98% in Q4 2025 year-over-year; TTM through Dec 2025 was 68.07%, a 3757.0% decrease, with the full-year FY2025 number at 68.65%, down 2979.0% from a year prior.
  • Gross Margin was 66.98% for Q4 2025 at Starbucks, up from 17.2% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 172.27% in Q4 2021 to a low of 17.51% in Q4 2023.
  • A 5-year average of 82.07% and a median of 98.4% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: plummeted -17341bps in 2021, then soared 11598bps in 2024.
  • Starbucks' Gross Margin stood at 172.27% in 2021, then plummeted by -61bps to 67.78% in 2022, then soared by 45bps to 98.4% in 2023, then decreased by -30bps to 69.21% in 2024, then fell by -3bps to 66.98% in 2025.
  • Per Business Quant, the three most recent readings for SBUX's Gross Margin are 66.98% (Q4 2025), 17.2% (Q3 2025), and 98.4% (Q2 2025).