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Starbucks SBUX Company-Operated Stores — Revenue

Other product segments

Licensed Stores
$4.35B-3.4%

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Other financials

Income statement

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Revenue$9.3B-1.4%
Operating income$980.4M+4.8%
Net income$1.0B+87.2%
EPS (diluted)$0.91+85.7%

Balance sheet

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Cash & equivalents$3.4B-17.3%
Total debt$22.4B-19.6%
Total equity-$7.7B+0.2%
Total assets$28.3B-15.9%

Cash flow

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Operating cash flow$1.6B+63.9%
CapEx$291.4M-48.6%
Free cash flow$1.4B+211%

Valuation

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Market cap$120.84B+19.5%
Enterprise value$139.82B+12.0%
P/E61×+22.5×
P/S3.2×+0.4×

Profitability

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Gross margin72.3%
Operating margin7.8%-3.0pp
Net margin5.2%-2.0pp
FCF margin9.5%

Returns & leverage

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Return on equity136.5%
Debt / equity7.8×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Starbucks in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Starbucks’s 10-K, filed November 14, 2025.

Filed
Nov 14, 2025
Fiscal year
FY2025
Accession
0000829224-25-000114
Fiscal Year EndedSep 28,2025Sep 29,2024Oct 1,2023
Net revenues:
Company-operated stores$30,744.8$29,765.9$29,462.3
Licensed stores4,350.44,505.14,512.7
Other2,089.21,905.22,000.6
Total net revenues37,184.436,176.235,975.6
Product and distribution costs11,658.211,180.611,409.1
Store operating expenses17,058.915,286.514,720.3
Other operating expenses584.6565.6539.4

Item 8. Financial Statements and Supplementary Data

FAQ

What is Starbucks's company-operated stores — revenue?
Starbucks (SBUX) reported company-operated stores — revenue of $7.69B in Q3 2025.
How has Starbucks's company-operated stores — revenue changed year-over-year?
Starbucks's company-operated stores — revenue increased by 3.3% year-over-year, from $7.44B to $7.69B.
What is the long-term trend for Starbucks's company-operated stores — revenue?
Over 4 years (2021 to 2025), Starbucks's company-operated stores — revenue has grown at a 5.7% compound annual growth rate (CAGR), from $24.61B to $30.74B.
What does company-operated stores — revenue mean?
This metric represents the total gross revenue generated from retail locations owned and managed directly by the corporation. It captures sales from beverages, food, and merchandise sold to consumers within these company-operated units, excluding revenue from licensed stores or third-party distribution channels. This figure serves as a primary indicator of the brand's direct retail performance and operational footprint efficiency.

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