Starbucks SBUX Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Channel Development | $567.8M+38.8% | $522.7M+19.8% | $542.7M+16.6% | $483.8M+10.4% | $409M-2.2% | |
| Corporate and Other | $18.8M+46.9% | $47M+157% | $54.1M+131% | $34.5M+105% | $12.8M+70.7% | |
| International | $2.05B+9.9% | $2.06B+10.3% | $2.07B+9.4% | $2.01B+9.2% | $1.87B+6.2% | |
| North America | $6.89B+6.5% | $7.28B+2.9% | $6.9B+3.1% | $6.93B+1.6% | $6.47B+1.5% | |
| Operating Income (Loss) by Business | ||||||
| Channel Development | $229.9M+18.8% | $215.8M+3.8% | $265.3M+0.2% | $218.4M-7.1% | $193.5M-10.5% | |
| Corporate and Other | -$480.3M+13.9% | -$474.7M+5.9% | -$518.6M-4.9% | -$474.2M-8.3% | -$557.8M-11.7% | |
| International | $398.6M+83.7% | $282.7M+19.2% | $223.1M-21.1% | $272.7M-5.1% | $217M-7.2% | |
| North America | $679.9M-9.1% | $867M-26.6% | $308.4M-75.4% | $918.7M-35.9% | $748.3M-34.8% | |
| Other Cost and Expense, Operating by Business | ||||||
| Channel Development | $17.7M+18.0% | $13.8M+3.0% | —— | —— | $15M+2.7% | |
| Corporate and Other | $1.2M— | $800K— | —— | —— | $0-100% | |
| International | $55.6M+0.9% | $56.8M-6.4% | —— | —— | $55.1M-2.1% | |
| North America | $56M-18.4% | $59.8M-23.7% | —— | —— | $68.6M-2.3% | |
| Costs and Expenses by Business | ||||||
| Channel Development | $388.8M+41.5% | $367.9M+33.7% | —— | —— | $274.8M-3.7% | |
| Corporate and Other | $499.1M-12.5% | $521.7M-0.2% | —— | —— | $570.6M+15.5% | |
| International | $1.65B+0.2% | $1.78B+9.1% | —— | —— | $1.65B+4.8% | |
| North America | $6.21B+8.6% | $6.41B+8.9% | —— | —— | $5.72B+5.7% | |
| Product and distribution costs by Business | ||||||
| Channel Development | $370.5M+43.8% | $352.6M+35.7% | —— | —— | $257.7M-4.1% | |
| Corporate and Other | $19.5M+50.0% | $37.4M+92.8% | —— | —— | $13M0.0% | |
| International | $749.7M+13.6% | $748.1M+15.6% | —— | —— | $659.8M+2.5% | |
| North America | $2.07B+14.5% | $2.14B+8.5% | —— | —— | $1.81B-3.3% | |
| General and Administrative Expense by Business | ||||||
| Channel Development | $700K-41.7% | $1.2M-40.0% | —— | —— | $1.2M-37.7% | |
| Corporate and Other | $436M-3.0% | $447.3M-5.7% | —— | —— | $449.7M-0.1% | |
| International | $89M+5.0% | $96M+3.9% | —— | —— | $84.8M+0.1% | |
| North America | $92.4M-4.3% | $94.3M-3.1% | —— | —— | $96.6M+2.8% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| Channel Development | $50.9M-14.2% | $61M+30.1% | $84.8M-17.4% | $58.4M-18.2% | $59.3M-12.5% | |
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| International | -$100K+50.0% | -$400K0.0% | $0-100% | -$1.3M-152% | -$200K-200% | |
| 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-3.7% | $767.2M+3.0% | —— | —— | $744.4M+5.6% | |
| North America | $3.69B+7.6% | $3.79B+9.4% | —— | —— | $3.43B+10.1% | |
| Restructuring and impairments by Business | ||||||
| Channel Development | -$100K-111% | $300K— | —— | —— | $900K— | |
| Corporate and Other | $11.1M-85.6% | $4.2M— | —— | —— | $77.2M— | |
| International | $8.8M-47.6% | $43.6M— | —— | —— | $16.8M— | |
| North America | $5.3M-75.1% | $40M— | —— | —— | $21.3M— | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Channel Development | $0— | $0— | $0— | $0— | $0— | |
| Corporate and Other | $31.3M+2.0% | $32M+8.5% | $31.6M+7.1% | $32.7M+5.1% | $30.7M+0.7% | |
| International | $32.6M-63.4% | $70.1M-21.3% | $94.4M+8.1% | $91.4M+10.5% | $89M+5.6% | |
| North America | $299.5M+0.1% | $298.8M+3.4% | $304.7M+9.5% | $303.5M+13.8% | $299.2M+16.4% | |
| 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-72.5% | $784.3M-71.6% | $2.84B+1.9% | $2.86B+7.6% | $2.8B+3.6% | |
| North America | $490.8M+0.2% | $491.1M+0.3% | $490.6M-0.2% | $491.1M0.0% | $489.9M-0.3% | |
| Employee severance, separation costs, and other by Business | ||||||
| Channel Development | -$100K-121% | $300K-36.8% | $475K— | $475K— | $475K— | |
| Corporate and Other | $11.1M-71.2% | $4.2M-89.1% | $38.6M— | $38.6M— | $38.6M— | |
| International | $3.2M-67.8% | $1.9M-80.9% | $9.95M— | $9.95M— | $9.95M— | |
| North America | -$6.4M-125% | $8M-69.2% | $25.95M— | $25.95M— | $25.95M— | |
| 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+511% | $41.7M+4,533% | $900K— | $900K— | $900K— | |
| North America | -$2.5M-104% | $7.2M-87.8% | $58.93M— | $58.93M— | $58.93M— | |
| Goodwill, Other Increase (Decrease) by Business | ||||||
| Channel Development | $0— | $0— | $0— | $0— | $0— | |
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| International | $11.2M— | $14.8M+111% | -$14.9M-111% | —— | —— | |
| Disposal Group, Goodwill by Business | ||||||
| Channel Development | $0— | $0— | —— | —— | —— | |
| Corporate and Other | $0— | $0— | —— | —— | —— | |
| International | $2.1B— | $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-99.0% | $0-100% | $9.78M— | $9.78M— | $9.78M— | |
| North America | $14.2M-81.9% | $24.8M-68.4% | $78.43M— | $78.43M— | $78.43M— | |
| Revenue by Product | ||||||
| Beverage (1) | $5.66B+6.9% | $5.94B+4.7% | $5.82B+5.8% | $5.75B+4.1% | $5.29B+2.6% | |
| Food (2) | $1.83B+8.2% | $1.88B+5.1% | $1.78B+6.9% | $1.79B+2.5% | $1.69B+6.9% | |
| Other (3) | $2.04B+15.0% | $2.09B+8.3% | $1.97B+3.3% | $1.92B+4.1% | $1.78B-2.4% | |
| Concentration Risk, Percentage by Product | ||||||
| Beverage (1) | 59%-1.0pp | 60%0.0pp | —— | 61%0.0pp | 60%0.0pp | |
| Food (2) | 19%0.0pp | 19%0.0pp | —— | 19%0.0pp | 19%+1.0pp | |
| Other (3) | 22%+1.0pp | 21%0.0pp | —— | 20%0.0pp | 21%-1.0pp | |
| Long-lived assets: by Geography | ||||||
| China | $170.6M— | $173.9M— | $4.28B-5.3% | —— | —— | |
| United States | $15.65B— | $15.75B— | $15.95B+0.5% | —— | —— | |
| Total net revenues by Geography | ||||||
| China | $809.2M+7.6% | $835.6M+10.4% | —— | —— | $752.1M0.0% | |
| United States | $6.93B+8.2% | $7.24B+3.8% | —— | —— | $6.4B-4.1% |
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.
