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.

• Net Margin for Q1 2026 came in at 5.36%, up 98.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.89% (down 472.0% YoY), and the FY2025 annual result was 4.99%, down 541.0% from the prior year.
• Net Margin rose to 5.36% in Q1 2026 per SBUX's latest filing, 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.
• A 5-year average of 8.67% and a median of 9.92% in 2023 frame the typical range for Net Margin.
• The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 1122 bps in 2022, then jumped 257 bps in 2023.
• A 5-year view of Net Margin shows it stood at 10.44% in 2022, then grew by 4 bps to 10.87% in 2023, then decreased by 24 bps to 8.31% in 2024, then plunged by 64 bps to 2.96% in 2025, then jumped by 81 bps to 5.36% in 2026.
• Business Quant data shows SBUX's Net Margin at 5.36% in Q1 2026, 2.96% in Q4 2025, and 1.39% in Q3 2025.