Operating Income

Operating Income

Starbucks Operating Income decreased by 20.6% to $890.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 20.6%, from $1.12B to $890.80M. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -6.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.49B$913.60M$1.18B$948.90M$1.30B$1.18B$1.25B$1.33B$1.58B$1.25B$1.49B$1.10B$1.52B$1.49B$1.12B$601.00M$935.60M$1.12B$890.80M
QoQ Change-38.6%+28.9%-19.4%+36.5%-9.1%+6.4%+5.9%+19.3%-20.9%+18.5%-26.0%+38.1%-2.1%-24.5%-46.4%+55.7%+19.9%-20.6%
YoY Change-13.0%+28.9%+6.4%+39.9%+22.3%+6.4%+18.5%-17.2%-4.2%+18.5%-24.5%-45.3%-38.3%-24.5%-20.6%
Range$601.00M$1.58B
CAGR-10.8%
Avg YoY Growth-3.1%
Median YoY Growth-4.2%

Business Segments

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Frequently Asked Questions

What is Starbucks's operating income?
Starbucks (SBUX) reported operating income of $890.80M in Q4 2025.
How has Starbucks's operating income changed year-over-year?
Starbucks's operating income decreased by 20.6% year-over-year, from $1.12B to $890.80M.
What is the long-term trend for Starbucks's operating income?
Over 4 years (2021 to 2025), Starbucks's operating income has grown at a -6.1% compound annual growth rate (CAGR), from $4.57B to $3.55B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.

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