KPIs & Operating Metrics(New)
Growth Metrics

Starbucks (SBUX) Operating Leases (2019 - 2026)

Starbucks (SBUX) reported Operating Leases of $9.3 billion for Q1 2026, down 10.81% year-over-year from $10.4 billion in Q1 2025, and up 15.68% on a QoQ basis from $8.0 billion in Q4 2025.

Starbucks (SBUX) has 8 years of Operating Leases data on file, last reported at $9.3 billion in Q1 2026.

  • Quarterly Operating Leases fell 10.81% year-over-year to $9.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.3 billion (down 10.81% YoY) and the FY2025 annual result came in at $9.0 billion, up 2.29% from the prior year.
  • Operating Leases rose to $9.3 billion in Q1 2026 per SBUX's latest filing, from $8.0 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $10.6 billion in Q2 2025 and bottomed at $7.5 billion in Q4 2022.
  • The 5-year median for Operating Leases is $8.8 billion (2023), against an average of $8.8 billion.
  • Peak annual rise in Operating Leases reached 27.6% in 2025, while the deepest fall reached 21.94% in 2025.
  • Tracing SBUX's Operating Leases over 5 years: stood at $7.5 billion in 2022, then climbed by 25.72% to $9.4 billion in 2023, then climbed by 9.12% to $10.3 billion in 2024, then decreased by 21.94% to $8.0 billion in 2025, then climbed by 15.68% to $9.3 billion in 2026.
  • Per Business Quant, the three latest SBUX Operating Leases figures stand at $9.3 billion (Q1 2026), $8.0 billion (Q4 2025), and $9.0 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn
10 Dutch Bros 7.47 Bn 7.43 Bn 107.48 Mn

Historic Data

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DateValue
Mar 29, 2026 9.31 Bn
Dec 28, 2025 8.05 Bn
Sep 28, 2025 8.97 Bn
Jun 29, 2025 10.57 Bn
Mar 30, 2025 10.44 Bn
Dec 29, 2024 10.31 Bn
Sep 29, 2024 8.77 Bn
Jun 30, 2024 8.30 Bn
Mar 31, 2024 8.18 Bn
Dec 31, 2023 9.45 Bn
Oct 1, 2023 7.92 Bn
Jul 2, 2023 7.69 Bn
Apr 2, 2023 9.02 Bn
Jan 1, 2023 8.89 Bn
Oct 2, 2022 7.52 Bn
Jul 3, 2022 7.55 Bn
Apr 3, 2022 8.90 Bn
Jan 2, 2022 7.71 Bn
Oct 3, 2021 7.74 Bn
Jun 27, 2021 7.60 Bn
Mar 28, 2021 8.87 Bn
Dec 27, 2020 9.02 Bn
Sep 27, 2020 7.66 Bn
Jun 28, 2020 7.65 Bn
Mar 29, 2020 7.65 Bn
Dec 29, 2019 8.98 Bn