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Starbucks (SBUX) Operating Leases (2019 - 2026)

Starbucks filings provide 8 years of Operating Leases readings, the most recent being $9.3 billion for Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 10.81% year-over-year to $9.3 billion, compared with a TTM value of $9.3 billion through Mar 2026, down 10.81%, and an annual FY2025 reading of $9.0 billion, up 2.29% over the prior year.
  • Operating Leases hit $9.3 billion in Q1 2026 for Starbucks, up from $8.0 billion in the prior quarter.
  • The five-year high for Operating Leases was $10.6 billion in Q2 2025, with the low at $7.5 billion in Q4 2022.
  • Median Operating Leases over the past 5 years was $8.8 billion (2023), compared with a mean of $8.8 billion.
  • The largest YoY upside for Operating Leases was 27.6% in 2025 against a maximum downside of 21.94% in 2025.
  • Year by year, Operating Leases stood at $7.5 billion in 2022, then rose by 25.72% to $9.4 billion in 2023, then rose by 9.12% to $10.3 billion in 2024, then decreased by 21.94% to $8.0 billion in 2025, then rose by 15.68% to $9.3 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods came in at $9.3 billion, $8.0 billion, and $9.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.