Starbucks Cost of Goods Sold 2010-2023 | SBUX

Starbucks annual/quarterly cost of goods sold history and growth rate from 2010 to 2023. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Starbucks cost of goods sold for the quarter ending December 31, 2023 was $2.981B, a 6.06% increase year-over-year.
  • Starbucks cost of goods sold for the twelve months ending December 31, 2023 was $11.579B, a 9.23% increase year-over-year.
  • Starbucks annual cost of goods sold for 2023 was $11.409B, a 10.58% increase from 2022.
  • Starbucks annual cost of goods sold for 2022 was $10.317B, a 18.07% increase from 2021.
  • Starbucks annual cost of goods sold for 2021 was $8.739B, a 13.56% increase from 2020.
Starbucks Annual Cost of Goods Sold
(Millions of US $)
2023 $11,409
2022 $10,317
2021 $8,739
2020 $7,695
2019 $8,527
2018 $7,931
2017 $7,066
2016 $8,509
2015 $7,788
2014 $6,859
2013 $6,382
2012 $5,813
2011 $4,916
2010 $4,417
2009 $4,325
Starbucks Quarterly Cost of Goods Sold
(Millions of US $)
2023-12-31 $2,981
2023-09-30 $2,933
2023-06-30 $2,864
2023-03-31 $2,802
2022-12-31 $2,810
2022-09-30 $2,711
2022-06-30 $2,614
2022-03-31 $2,466
2021-12-31 $2,527
2021-09-30 $2,491
2021-06-30 $2,206
2021-03-31 $1,992
2020-12-31 $2,049
2020-09-30 $1,977
2020-06-30 $1,484
2020-03-31 $1,998
2019-12-31 $2,236
2019-09-30 $2,140
2019-06-30 $2,200
2019-03-31 $2,012
2018-12-31 $2,176
2018-09-30 $361
2018-06-30 $2,553
2018-03-31 $2,515
2017-12-31 $2,502
2017-09-30 $381
2017-06-30 $2,249
2017-03-31 $2,141
2016-12-31 $2,295
2016-09-30 $2,252
2016-06-30 $2,060
2016-03-31 $2,010
2015-12-31 $2,186
2015-09-30 $1,983
2015-06-30 $1,954
2015-03-31 $1,860
2014-12-31 $1,991
2014-09-30 $1,723
2014-06-30 $1,712
2014-03-31 $1,629
2013-12-31 $1,795
2013-09-30 $1,634
2013-06-30 $1,598
2013-03-31 $1,530
2012-12-31 $1,621
2012-09-30 $1,459
2012-06-30 $1,446
2012-03-31 $1,412
2011-12-31 $1,496
2011-09-30 $1,315
2011-06-30 $1,238
2011-03-31 $1,171
2010-12-31 $1,192
2010-09-30 $1,131
2010-06-30 $1,076
2010-03-31 $1,064
2009-12-31 $1,146
2009-09-30 $1,041
2009-06-30 $1,043
2009-03-31 $1,044
Sector Industry Market Cap Revenue
Retail/Wholesale Retail - Food & Restaurants $97.607B $35.976B
Starbucks Corp. is a roaster and retailer of specialty coffee globally. Besides its fresh, rich-brewed coffees, the company's offerings include many complimentary food items and a selection of premium teas and other beverages, sold mainly through the company's retail stores. The company's popular brands include Starbucks coffee, Teavana tea, Seattle's Best Coffee, La Boulange bakery products and Evolution Fresh juices. Other than the company's own retail stores, it generates revenues through licensed stores, consumer packaged goods and foodservice operations. The company receives royalties and license fees from the U.S. and international licensed stores. Under its consumer packaged goods operations, Starbucks sells packed coffee and tea products as well as a variety of ready-to-drink beverages and single-serve coffee and tea products to grocery, warehouse clubs and specialty retail stores. The company's latest reportable operating segments comprise North America, International and Channel Development.
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