KPIs & Operating Metrics(New)
Growth Metrics

Starbucks (SBUX) Net Margin (2016 - 2026)

Starbucks has reported Net Margin over the past 18 years, most recently at 5.36% for Q1 2026.

  • Quarterly Net Margin rose 98.0% to 5.36% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 3.89% through Mar 2026, down 472.0% year-over-year, with the annual reading at 4.99% for FY2025, 541.0% down from the prior year.
  • Net Margin was 5.36% for Q1 2026 at Starbucks, up from 2.96% in the prior quarter.
  • Over five years, Net Margin peaked at 13.01% in Q4 2023 and troughed at 1.39% in Q3 2025.
  • The 5-year median for Net Margin is 9.92% (2023), against an average of 8.67%.
  • Year-over-year, Net Margin tumbled -1122bps in 2022 and then skyrocketed 257bps in 2023.
  • A 5-year view of Net Margin shows it stood at 10.44% in 2022, then grew by 4bps to 10.87% in 2023, then decreased by -24bps to 8.31% in 2024, then tumbled by -64bps to 2.96% in 2025, then skyrocketed by 81bps to 5.36% in 2026.
  • Per Business Quant, the three most recent readings for SBUX's Net Margin are 5.36% (Q1 2026), 2.96% (Q4 2025), and 1.39% (Q3 2025).