Starbucks SBUX Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Channel Development | $567.8M+8.6% | $522.7M-3.7% | $542.7M+12.2% | $483.8M+18.3% | $409M-6.3% | |
| Corporate and Other | $18.8M-60.0% | $47M-13.1% | $54.1M+56.8% | $34.5M+170% | $12.8M-30.1% | |
| International | $2.05B-0.7% | $2.06B-0.3% | $2.07B+3.0% | $2.01B+7.7% | $1.87B-0.2% | |
| North America | $6.89B-5.3% | $7.28B+5.5% | $6.9B-0.4% | $6.93B+7.0% | $6.47B-8.5% | |
| Operating Income (Loss) by Business | ||||||
| Channel Development | $229.9M+6.5% | $215.8M-18.7% | $265.3M+21.5% | $218.4M+12.9% | $193.5M-7.0% | |
| Corporate and Other | -$480.3M-1.2% | -$474.7M+8.5% | -$518.6M-9.4% | -$474.2M+15.0% | -$557.8M-10.5% | |
| International | $398.6M+41.0% | $282.7M+26.7% | $223.1M-18.2% | $272.7M+25.7% | $217M-8.5% | |
| North America | $679.9M-21.6% | $867M+181% | $308.4M-66.4% | $918.7M+22.8% | $748.3M-36.7% | |
| Other Cost and Expense, Operating by Business | ||||||
| Channel Development | $17.7M+28.3% | $13.8M— | —— | —— | $15M+11.9% | |
| Corporate and Other | $1.2M+50.0% | $800K— | —— | —— | $0— | |
| International | $55.6M-2.1% | $56.8M— | —— | —— | $55.1M-9.2% | |
| North America | $56M-6.4% | $59.8M— | —— | —— | $68.6M-12.5% | |
| Costs and Expenses by Business | ||||||
| Channel Development | $388.8M+5.7% | $367.9M— | —— | —— | $274.8M-0.1% | |
| Corporate and Other | $499.1M-4.3% | $521.7M— | —— | —— | $570.6M+9.1% | |
| International | $1.65B-7.3% | $1.78B— | —— | —— | $1.65B+1.0% | |
| North America | $6.21B-3.1% | $6.41B— | —— | —— | $5.72B-2.8% | |
| Product and distribution costs by Business | ||||||
| Channel Development | $370.5M+5.1% | $352.6M— | —— | —— | $257.7M-0.8% | |
| Corporate and Other | $19.5M-47.9% | $37.4M— | —— | —— | $13M-33.0% | |
| International | $749.7M+0.2% | $748.1M— | —— | —— | $659.8M+2.0% | |
| North America | $2.07B-3.1% | $2.14B— | —— | —— | $1.81B-8.2% | |
| General and Administrative Expense by Business | ||||||
| Channel Development | $700K-41.7% | $1.2M— | —— | —— | $1.2M-40.0% | |
| Corporate and Other | $436M-2.5% | $447.3M— | —— | —— | $449.7M-5.1% | |
| International | $89M-7.3% | $96M— | —— | —— | $84.8M-8.2% | |
| North America | $92.4M-2.0% | $94.3M— | —— | —— | $96.6M-0.7% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| Channel Development | $50.9M-16.6% | $61M-28.1% | $84.8M+45.2% | $58.4M-1.5% | $59.3M+26.4% | |
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| International | -$100K+75.0% | -$400K— | $0+100% | -$1.3M-550% | -$200K+50.0% | |
| North America | $0— | $0— | $0— | $0— | $0— | |
| Store operating expenses by Business | ||||||
| Channel Development | $0— | $0— | —— | —— | $0— | |
| Corporate and Other | $0— | $0— | —— | —— | $0— | |
| International | $716.7M-6.6% | $767.2M— | —— | —— | $744.4M0.0% | |
| North America | $3.69B-2.5% | $3.79B— | —— | —— | $3.43B-0.8% | |
| Restructuring and impairments by Business | ||||||
| Channel Development | -$100K-133% | $300K— | —— | —— | $900K— | |
| Corporate and Other | $11.1M+164% | $4.2M— | —— | —— | $77.2M— | |
| International | $8.8M-79.8% | $43.6M— | —— | —— | $16.8M— | |
| North America | $5.3M-86.8% | $40M— | —— | —— | $21.3M— | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Channel Development | $0— | $0— | $0— | $0— | $0— | |
| Corporate and Other | $31.3M-2.2% | $32M+1.3% | $31.6M-3.4% | $32.7M+6.5% | $30.7M+4.1% | |
| International | $32.6M-53.5% | $70.1M-25.7% | $94.4M+3.3% | $91.4M+2.7% | $89M-0.1% | |
| North America | $299.5M+0.2% | $298.8M-1.9% | $304.7M+0.4% | $303.5M+1.4% | $299.2M+3.5% | |
| Goodwill by Business | ||||||
| Channel Development | $34.7M0.0% | $34.7M0.0% | $34.7M0.0% | $34.7M0.0% | $34.7M0.0% | |
| Corporate and Other | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | |
| International | $768.6M-2.0% | $784.3M-72.4% | $2.84B-0.5% | $2.86B+2.1% | $2.8B+1.3% | |
| North America | $490.8M-0.1% | $491.1M+0.1% | $490.6M-0.1% | $491.1M+0.2% | $489.9M0.0% | |
| Employee severance, separation costs, and other by Business | ||||||
| Channel Development | -$100K-133% | $300K-36.8% | $475K0.0% | $475K0.0% | $475K0.0% | |
| Corporate and Other | $11.1M+164% | $4.2M-89.1% | $38.6M0.0% | $38.6M0.0% | $38.6M0.0% | |
| International | $3.2M+68.4% | $1.9M-80.9% | $9.95M0.0% | $9.95M0.0% | $9.95M0.0% | |
| North America | -$6.4M-180% | $8M-69.2% | $25.95M0.0% | $25.95M0.0% | $25.95M0.0% | |
| Amortization of ROU lease assets and other lease exit costs by Business | ||||||
| Channel Development | $0— | $0— | $0— | $0— | $0— | |
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| International | $5.5M-86.8% | $41.7M+4,533% | $900K0.0% | $900K0.0% | $900K0.0% | |
| North America | -$2.5M-135% | $7.2M-87.8% | $58.93M0.0% | $58.93M0.0% | $58.93M0.0% | |
| Goodwill, Other Increase (Decrease) by Business | ||||||
| Channel Development | $0— | $0— | $0— | $0— | $0— | |
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| International | $11.2M-24.3% | $14.8M+199% | -$14.9M— | —— | —— | |
| Disposal Group, Goodwill by Business | ||||||
| Channel Development | $0— | $0— | —— | —— | —— | |
| Corporate and Other | $0— | $0— | —— | —— | —— | |
| International | $2.1B+1.3% | $2.07B— | —— | —— | —— | |
| North America | $0— | $0— | —— | —— | —— | |
| Disposal and impairment of store assets by Business | ||||||
| Channel Development | $0— | $0— | $0— | $0— | $0— | |
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| International | $100K— | $0-100% | $9.78M0.0% | $9.78M0.0% | $9.78M0.0% | |
| North America | $14.2M-42.7% | $24.8M-68.4% | $78.43M0.0% | $78.43M0.0% | $78.43M0.0% | |
| Revenue by Product | ||||||
| Beverage (1) | $5.66B-4.8% | $5.94B+2.2% | $5.82B+1.1% | $5.75B+8.7% | $5.29B-6.8% | |
| Food (2) | $1.83B-2.7% | $1.88B+5.7% | $1.78B-0.4% | $1.79B+5.7% | $1.69B-5.5% | |
| Other (3) | $2.04B-2.3% | $2.09B+5.9% | $1.97B+2.9% | $1.92B+7.9% | $1.78B-7.9% | |
| Concentration Risk, Percentage by Product | ||||||
| Beverage (1) | 59%-1.0pp | 60%— | —— | 61%+1.0pp | 60%0.0pp | |
| Food (2) | 19%0.0pp | 19%— | —— | 19%0.0pp | 19%0.0pp | |
| Other (3) | 22%+1.0pp | 21%— | —— | 20%-1.0pp | 21%0.0pp | |
| Long-lived assets: by Geography | ||||||
| China | $170.6M-1.9% | $173.9M-95.9% | $4.28B— | —— | —— | |
| United States | $15.65B-0.6% | $15.75B-1.3% | $15.95B— | —— | —— | |
| Total net revenues by Geography | ||||||
| China | $809.2M-3.2% | $835.6M— | —— | —— | $752.1M-0.6% | |
| United States | $6.93B-4.3% | $7.24B— | —— | —— | $6.4B-8.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Starbucks break its business down?
- Starbucks (SBUX) reports revenue by business across 4 parts — Channel Development, Corporate and Other, International and North America. Each is extracted from the segment footnotes and tracked over time.
- Where does Starbucks's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Starbucks's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
