SBUX · Q2 FY26 · Mar 29, 2026
Starbucks Q2 FY26: where the revenue came from and where it went
Starbucks Q2 FY26: revenue $9.5B (+9% year over year). Net profit $0.5B. Largest cohort Beverage $5.7B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 29, 2026
- Reported
- Apr 28, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$9.5B
+9% year over year
Gross profit$6.3B
66% margin
Operating profit$0.8B
9% margin
Net profit$0.5B
5% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.5 | 100% | +9% |
| Beverage | 5.7 | 60% | +7% |
| Other Products | 2 | 21% | +15% |
| Food | 1.8 | 19% | +8% |
| Cost of revenue | −3.2 | 34% | |
| Gross profit | 6.3 | 66% margin | −2pp |
| Store operating expenses | −4.3 | 46% | +0pp |
| G&A | −0.6 | 6% | +0pp |
| Depreciation & amortization | −0.4 | 4% | +0pp |
| Other operating expenses | −0.2 | 2% | +0pp |
| Operating profit | 0.8 | 9% margin | +2pp |
| Tax | −0.2 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 0.5 | 5% | +1pp |
Older quarters
-
Q3 FY26 6/2026Revenue $9.3B Net margin 11%
-
Q1 FY26 12/2025Revenue $9.9B Net margin 3%
-
Q4 FY25 9/2025Revenue $9.6B Net margin 1%
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