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Starbucks (SBUX) Operating Expenses (2016 - 2025)

Starbucks (SBUX) has disclosed Operating Expenses for 17 consecutive years, with $9.1 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 9.16% to $9.1 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $35.3 billion, a 12.3% increase, with the full-year FY2025 number at $34.5 billion, up 11.03% from a year prior.
  • Operating Expenses was $9.1 billion for Q4 2025 at Starbucks, down from $9.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.4 billion in Q3 2025 to a low of $5.8 billion in Q1 2021.
  • A 5-year average of $7.6 billion and a median of $7.6 billion in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: rose 22.4% in 2021, then fell 0.04% in 2024.
  • Starbucks' Operating Expenses stood at $6.8 billion in 2021, then rose by 7.74% to $7.3 billion in 2022, then grew by 9.39% to $8.0 billion in 2023, then rose by 4.09% to $8.3 billion in 2024, then increased by 9.16% to $9.1 billion in 2025.
  • Per Business Quant, the three most recent readings for SBUX's Operating Expenses are $9.1 billion (Q4 2025), $9.4 billion (Q3 2025), and $8.6 billion (Q2 2025).