Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $29,061 | $32,250 | $35,976 | $36,176 | $37,184 |
| Gross Profit | $4,487 | $4,384 | $5,481 | $5,108 | $2,689 |
| Operating Income | $4,872 | $4,618 | $5,871 | $5,409 | $2,937 |
| Net Income | $4,199 | $3,282 | $4,125 | $3,761 | $1,856 |
Over the past five years, Starbucks has demonstrated steady revenue growth, increasing from approximately USD 29.1 billion in 2021 to USD 37.2 billion in 2025. This roughly 28% rise reflects the company’s ability to expand its market presence and sustain consumer demand in a competitive global environment. Notably, between 2021 and 2023, gross profit and operating income showed encouraging trends—with gross profit rising from USD 4.49 billion in 2021 to a high of USD 5.48 billion in 2023, and operating income climbing from USD 4.87 billion to USD 5.87 billion—indicating effective cost management and robust operational performance during that period. However, the performance metrics experienced significant swings in the latter years. In 2025, gross profit plunged to USD 2.69 billion, representing a dramatic decline of nearly 47% from 2024, while operating income and net income similarly fell, with net income declining from USD 3.76 billion in 2024 to USD 1.86 billion in 2025. These more than 20% year-over-year declines suggest potential pressures such as rising input costs, a shift in product mix, or increased operational expenditures that have adversely affected margins. Despite these challenges, Starbucks’ sustained revenue growth and historical strong operational profitability underscore its overall financial resilience. Going forward, investors should watch closely for signs of margin recovery and effective cost control to ensure the company’s long-term sustainability in an evolving global marketplace.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.