FINHUB Insights

SBUX · Q1 FY26 · Sep 29 – Dec 28, 2025

Starbucks Q1 FY26: where the revenue came from and where it went

Starbucks Q1 FY26: revenue $9.9B (+6% year over year). Net profit $0.3B. Largest cohort Beverage $5.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Sep 29 – Dec 28, 2025
Reported
Jan 28, 2026 10-Q
Sankey diagram of Starbucks's income statement for Q1 FY26: revenue of $9.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$9.9B +6% year over year
Gross profit$6.6B 67% margin
Operating profit$0.9B 9% margin
Net profit$0.3B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Dec 28, 2025).
ItemValueShare of revenueYear over year
Revenue 9.9 100% +6%
Beverage 5.9 60% +5%
Other Products 2.1 21% +8%
Food 1.9 19% +5%
Cost of revenue−3.333%
Gross profit6.667% margin−2pp
Store operating expenses−4.646%+0pp
G&A−0.66%+0pp
Depreciation & amortization−0.44%+0pp
Other operating expenses−0.22%+0pp
Operating profit0.99% margin−3pp
Tax−0.5
Interest & other costs−0.1
Net profit0.33%−5pp
Filing on EDGAR More quarters of SBUX

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters