Starbucks (SBUX) Net Margin (2009 - 2026)

Starbucks (SBUX) has 18 years of Net Margin data on file, last reported at 5.36% in Q1 2026.

• On a quarterly basis, Net Margin rose 98.0% year-over-year to 5.36% in Q1 2026; TTM through Mar 2026 was 3.89%, a 472.0% decrease from a year earlier, with the FY2025 full-year figure at 4.99%, down 541.0% from the prior year.
• Net Margin for Q1 2026 stood at 5.36%, up from 2.96% in the prior quarter.
• Over the last five years, Net Margin for SBUX reached as high as 13.01% in Q4 2023 and fell as low as 1.39% in Q3 2025.
• Historically, Net Margin has averaged 8.67% across 5 years, with a median of 9.92% in 2023.
• Across the five-year window, Net Margin sank 1122 bps in 2022 and surged 257 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 10.44% in 2022, then rose by 4 bps to 10.87% in 2023, then declined by 24 bps to 8.31% in 2024, then sank by 64 bps to 2.96% in 2025, then jumped by 81 bps to 5.36% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 5.36% in Q1 2026, 2.96% in Q4 2025, and 1.39% in Q3 2025.