Starbucks (SBUX) Revenue — Quarter Ended Dec 28, 2025
Revenue increased compared to the prior quarter and the same quarter last year. The growth was supported by higher company-operated store revenues and other revenue streams.
Key takeaway
Quarter ended Dec 28, 2025 · FY2026 Q1
Revenue increased compared to the prior quarter and the same quarter last year. The growth was supported by higher company-operated store revenues and other revenue streams.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.9B
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
+5.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$37.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 30, 2025 | $8.8B | +2.3% |
| Jun 29, 2025 | $9.5B | +3.8% |
| Sep 28, 2025 | $9.6B | +5.5% |
| Dec 28, 2025 | $9.9B | +5.5% |
Revenue performance
Total net revenues rose, driven by an increase in company-operated store sales and other revenue, while licensed store revenue was relatively flat.
Quarterly comparison
Revenue was higher than both the immediately preceding quarter and the same quarter one year earlier. The trailing twelve-month revenue also showed an upward trend.
What to watch
Operating income declined despite higher revenue, partly due to increased product and distribution costs and restructuring charges.