Business Segments · Product and distribution costs

Channel Development — Product and distribution costs

Starbucks Channel Development — Product and distribution costs increased by 35.7% to $352.60M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 35.7%, from $259.80M to $352.60M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025

How to read this metric

An increase relative to revenue suggests margin compression due to rising supply chain or commodity costs.

Detailed definition

These are the direct costs associated with manufacturing, sourcing, and distributing products within the Channel Develop...

Peer comparison

Similar to cost of goods sold (COGS) for wholesale or CPG divisions of retail companies.

Metric ID: sbux_segment_channel_development_product_and_distribution_costs

Historical Data

6 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q4 '24Q4 '25
Value$312.53M$312.53M$312.53M$312.53M$259.80M$352.60M
QoQ Change+0.0%+0.0%+0.0%-16.9%+35.7%
YoY Change-16.9%+35.7%
Range$259.80M$352.60M
CAGR+10.1%
Avg YoY Growth+9.4%
Median YoY Growth+9.4%

Frequently Asked Questions

What is Starbucks's channel development — product and distribution costs?
Starbucks (SBUX) reported channel development — product and distribution costs of $352.60M in Q4 2025.
How has Starbucks's channel development — product and distribution costs changed year-over-year?
Starbucks's channel development — product and distribution costs increased by 35.7% year-over-year, from $259.80M to $352.60M.
What does channel development — product and distribution costs mean?
The direct costs of making and delivering products for the Channel Development segment.

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