Starbucks Q2 FY26: 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
- Dec 29, 2025 – Mar 29, 2026
- Reported
- Apr 28, 2026
Revenue$9.53B
+9% year over year
Gross profit$6.32B
66% margin
Operating profit$0.83B
9% margin
Net profit$0.51B
5% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.53 | 100% | +9% |
| Beverage | 5.66 | 59% | +7% |
| Other products | 2.04 | 22% | +15% |
| Food | 1.83 | 19% | +8% |
| Cost of revenue | −3.21 | 34% | |
| Gross profit | 6.32 | 66% margin | −2pp |
| Store operating expenses | −4.36 | 46% | +0pp |
| G&A | −0.62 | 6% | +0pp |
| Depreciation & amortization | −0.36 | 4% | +0pp |
| Other operating expenses | −0.16 | 2% | +0pp |
| Operating profit | 0.83 | 9% margin | +2pp |
| Interest & other costs | −0.10 | ||
| Tax | −0.22 | ||
| Net profit | 0.51 | 5% margin | +1pp |
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