SBUX · Q4 FY25 · Jun 30 – Sep 28, 2025
Starbucks Q4 FY25: where the revenue came from and where it went
Starbucks Q4 FY25: revenue $9.6B (+5% year over year). Net profit $0.1B. Largest cohort Beverage $5.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jun 30 – Sep 28, 2025
- Reported
- Nov 14, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$9.6B
+5% year over year
Gross profit$6.5B
68% margin
Operating profit$0.3B
3% margin
Net profit$0.1B
1% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.6 | 100% | +5% |
| Beverage | 5.8 | 60% | +6% |
| Other Products | 2 | 21% | +3% |
| Food | 1.8 | 19% | +7% |
| Cost of revenue | −3.1 | 32% | |
| Gross profit | 6.5 | 68% margin | −1pp |
| Store operating expenses | −0.4 | 178% | +0pp |
| G&A | −2.6 | 27% | +0pp |
| Depreciation & amortization | −1.7 | 18% | +0pp |
| Other operating expenses | −1.5 | 15% | +0pp |
| Operating profit | 0.3 | 3% margin | −11pp |
| Interest & other costs | −0.2 | ||
| Net profit | 0.1 | 1% | −9pp |
Older quarters
-
Q3 FY26 6/2026Revenue $9.3B Net margin 11%
-
Q2 FY26 3/2026Revenue $9.5B Net margin 5%
-
Q1 FY26 12/2025Revenue $9.9B Net margin 3%
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