Starbucks Q4 FY25: where the revenue came from and where it went
The whole income statement of Starbucks for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jun 30 – Sep 28, 2025
- Reported
- Nov 14, 2025
Revenue$9.57B
+5% year over year
Gross profit$6.50B
68% margin
Operating profit$0.28B
3% margin
Net profit$0.13B
1% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.57 | 100% | +5% |
| Beverage | 5.82 | 61% | +6% |
| Other products | 1.97 | 21% | +3% |
| Food | 1.78 | 18% | +7% |
| Cost of revenue | −3.07 | 32% | |
| Gross profit | 6.50 | 68% margin | −1pp |
| Store operating expenses | −0.44 | 5% | +0pp |
| G&A | −2.62 | 27% | +0pp |
| Depreciation & amortization | −1.69 | 18% | +0pp |
| Other operating expenses | −1.48 | 15% | +0pp |
| Operating profit | 0.28 | 3% margin | −11pp |
| Interest & other costs | −0.15 | ||
| Net profit | 0.13 | 1% margin | −9pp |
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