Operating Income
Operating Income
Starbucks Operating Income decreased by 7.0% to $828.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.8%, from $601.00M to $828.10M. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -11.9% 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 reportedQ1 2014
Last reportedQ2 2026Apr 28, 2026
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
Metric ID:
operating_incomeHistorical Data
20 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.49B | $1.48B | $1.18B | $948.90M | $1.30B | $1.20B | $1.25B | $1.33B | $1.58B | $1.71B | $1.49B | $1.10B | $1.52B | $1.31B | $1.12B | $601.00M | $935.60M | $278.20M | $890.80M | $828.10M |
| QoQ Change | — | -0.4% | -20.5% | -19.4% | +36.5% | -7.7% | +4.8% | +5.9% | +19.3% | +7.7% | -12.9% | -26.0% | +38.1% | -13.9% | -14.2% | -46.4% | +55.7% | -70.3% | +220.2% | -7.0% |
| YoY Change | — | — | — | — | -13.0% | -19.3% | +6.4% | +39.9% | +22.3% | +42.7% | +18.5% | -17.2% | -4.2% | -23.4% | -24.5% | -45.3% | -38.3% | -78.7% | -20.6% | +37.8% |
Range$278.20M – $1.71B
CAGR-11.6%
Avg YoY Growth-7.3%
Median YoY Growth-15.1%
Business Segments
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| North America | $1.43B | $1.25B | $1.18B | $748.30M | $918.70M | $308.40M | $867.00M | $679.90M |
| Corporate and Other | -$437.90M | -$494.20M | -$504.70M | -$557.80M | -$474.20M | -$518.60M | -$474.70M | -$480.30M |
| International | $287.50M | $282.90M | $237.10M | $217.00M | $272.70M | $223.10M | $282.70M | $398.60M |
| Channel Development | $235.20M | $264.70M | $208.00M | $193.50M | $218.40M | $265.30M | $215.80M | $229.90M |
| Total | $1.52B | $1.31B | $1.12B | $601.00M | $935.60M | $278.20M | $890.80M | $828.10M |
Operating Income at Other Companies
Frequently Asked Questions
- What is Starbucks's operating income?
- Starbucks (SBUX) reported operating income of $828.10M in Q1 2026.
- How has Starbucks's operating income changed year-over-year?
- Starbucks's operating income increased by 37.8% year-over-year, from $601.00M to $828.10M.
- 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 -11.9% compound annual growth rate (CAGR), from $4.87B to $2.94B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.