Starbucks Gross Margin Growth & History (SBUX)

Starbucks's gross margin was 22.77% for fiscal 2025.

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Starbucks annual gross margin history

Starbucks annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252025-09-2822.77%−4.07 pp
20242024-09-2926.84%−0.53 pp
20232023-10-0127.37%+1.41 pp
20222022-10-0225.96%
20192019-09-2967.83%−0.08 pp
20182018-09-3067.92%−0.52 pp
20172017-10-0168.44%+8.36 pp
20162016-10-0260.08%+0.72 pp
20152015-09-2759.36%+1.06 pp
20142014-09-2858.30%+1.16 pp
20132013-09-2957.14%+0.85 pp
20122012-09-3056.29%−1.70 pp
20112011-10-0257.99%−0.76 pp
20102010-10-0358.75%+3.00 pp
20092009-09-2755.75%+0.49 pp
20082008-09-2855.26%−2.25 pp
20072007-09-3057.51%

Starbucks gross margin trends

Between the periods ended 2007-09-30 and 2025-09-28, Starbucks's gross margin decreased from 57.51% to 22.77%, a change of −34.74 percentage points. The latest reported quarter, Q3 2026, shows 24.64%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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