SBUX (Starbucks) Gross Profit: $8,463 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SBUX Starbucks Corp SBUX
81 GF Score
Price $105.86
GF Value $98.38
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Starbucks Gross Profit?

Starbucks SBUX +1.65% 81 Gross Profit is $8,463 Mil as of Jun. 2026. GuruFocus rates SBUX with a GF Score™ of 81/100 and a GF Value™ of $98.38 (Fairly Valued). The stock has 8 warning signs investors should review.

Starbucks's gross profit for the three months ended in Jun. 2026 was $2,297 Mil. Starbucks's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $8,463 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Starbucks's gross profit for the three months ended in Jun. 2026 was $2,297 Mil. Starbucks's Revenue for the three months ended in Jun. 2026 was $9,323 Mil. Therefore, Starbucks's Gross Margin % for the quarter that ended in Jun. 2026 was 24.64%.

Starbucks had a gross margin of 24.64% for the quarter that ended in Jun. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Starbucks was 31.63%. The lowest was 21.51%. And the median was 27.81%.


Starbucks  (NAS:SBUX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Starbucks had a gross margin of 24.64% for the quarter that ended in Jun. 2026 => Competition eroding margins


Starbucks Gross Profit Related Terms


Starbucks Gross Profit Historical Data

* Premium members only.

The historical data trend for Starbucks's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Starbucks Gross Profit Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,391.00 8,371.10 9,846.20 9,709.10 8,467.30

Starbucks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,155.70 2,162.60 2,089.20 1,914.40 2,296.70

SBUX vs MCD, YUM, CMG: Gross Profit Comparison

For the Restaurants subindustry, Starbucks's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Starbucks Gross Profit vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks's Gross Profit distribution charts can be found below:

* The bar in red indicates where Starbucks's Gross Profit falls into.


SBUX
81GF Score
Starbucks Corp SBUX
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starbucks Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Starbucks's Gross Profit for the fiscal year that ended in Sep. 2025 is calculated as

Gross Profit (A: Sep. 2025 )=Revenue - Cost of Goods Sold
=37184.4 - 28717.1
=8,467

Starbucks's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=9322.7 - 7026
=2,297

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,463 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Starbucks's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,297 / 9322.7
=24.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $8,463 Mil mean?
Starbucks (SBUX) has a Gross Profit of $8,463 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Starbucks and its competitors.
Is Starbucks' Gross Profit too high?
Starbucks' current Gross Profit is $8,463 Mil. Overall, Starbucks has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Gross Profit compare to MCD and YUM?
Starbucks' Gross Profit of $8,463 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Restaurants company?
A good Gross Profit depends on the Restaurants industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Starbucks and its competitors. Starbucks's current Gross Profit is $8,463 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbucks stock overvalued right now?
Based on GuruFocus' analysis, Starbucks (SBUX) is currently considered Fairly Valued. The stock's GF Value™ is $98.38, compared to a current price of $105.86 — trading 7.6% above its estimated fair value. The current Gross Profit is $8,463 Mil. Starbucks' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Starbucks (SBUX), the current Gross Profit is $8,463 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Starbucks (SBUX) Overvalued in 2026?

Based on GuruFocus' analysis, Starbucks stock appears to be overvalued. The current stock price of $105.86 is trading 7.6% above its estimated GF Value™ of $98.38. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for SBUX:

  • Gross Profit: $8,463 Mil
  • GF Value™: $98.38 vs. price of $105.86 (7.6% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the SBUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starbucks Business Description

Address 2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks stands out as the world's biggest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries. About 52% are company-operated, with the balance run by licensees. The company operates roasteries and sells across its North America (74% of revenue as of the end of fiscal 2025), international (21%), and channel development (5%) segments. The brand collects revenue from company-operated stores, licensee royalties, equipment and product sales, retail ready-to-drink beverages, and packaged coffee.
81GF Score

Get the complete analysis for SBUX

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$105.86
Price
$98.38
GF Value