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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.

  • Quarterly Operating Expenses rose 9.16% to $9.1 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $35.3 billion through Dec 2025, up 12.3% year-over-year, with the annual reading at $34.5 billion for FY2025, 11.03% up from the prior year.
  • Operating Expenses for Q4 2025 was $9.1 billion at Starbucks, down from $9.4 billion in the prior quarter.
  • The five-year high for Operating Expenses was $9.4 billion in Q3 2025, with the low at $5.8 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $7.6 billion, with a median of $7.6 billion recorded in 2023.
  • The sharpest move saw Operating Expenses increased 22.4% in 2021, then dropped 0.04% in 2024.
  • Over 5 years, Operating Expenses stood at $6.8 billion in 2021, then grew by 7.74% to $7.3 billion in 2022, then increased by 9.39% to $8.0 billion in 2023, then grew by 4.09% to $8.3 billion in 2024, then rose by 9.16% to $9.1 billion in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $9.1 billion, $9.4 billion, and $8.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.