Filing Flows › Starbucks (SBUX) › Operating margin
Starbucks (SBUX) operating margin by quarter
Starbucks' operating margin was 10.8% in Q4 FY26 (fourth quarter fiscal 2026), +0.3 pts from Q3 FY26. Over the last 7 quarters it ranged from 2.9% (Q4 FY25) to 10.8% (Q4 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | 10.8% | +0.3 pts | +7.9 pts |
| Q3 FY26 | 10.5% | +1.8 pts | +0.6 pts |
| Q2 FY26 | 8.7% | -0.3 pts | +1.8 pts |
| Q1 FY26 | 9.0% | +6.1 pts | — |
| Q4 FY25 | 2.9% | -7.0 pts | — |
| Q3 FY25 | 9.9% | +3.0 pts | — |
| Q2 FY25 | 6.9% | — | — |
Q4 FY26 at a glance
Starbucks, Q4 FY26: revenue $9.1B (-4% year over year), operating margin 10.8%, net earnings $677M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Questions
What is Starbucks' operating margin?
Starbucks' operating margin was 10.8% in Q4 FY26 (fourth quarter fiscal 2026), +0.3 pts from Q3 FY26.
How has Starbucks' operating margin changed?
Over the last 7 quarters it ranged from 2.9% (Q4 FY25) to 10.8% (Q4 FY26).