Starbucks' revenue streams in Q1 2025 were as follows1:
- Business: This segment includes company-owned stores and revenue from sales of food and beverages. In Q1 2025, Starbucks' business segment revenue was $29.77 billion.
- Licensed Stores: This segment includes revenue from licensed Starbucks stores, which use the Starbucks brand and operating system but are owned by third parties. The revenue from licensed stores is not disclosed separately, but it is a part of the overall business segment revenue.