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Chagee vs Starbucks: revenue, profit, margins and growth compared

Chagee brought in $1.8B of revenue in fiscal 2025, Starbucks $37.2B in fiscal 2025. Chagee kept 9.1% of its revenue as net profit, Starbucks 5.0%. Free cash flow was $175.5M at Chagee and $2.4B at Starbucks.

Side by side, latest fiscal year

CHASBUX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 28, 2025)
Revenue$1.8B$37.2B
Revenue growthn/a+2.8%
Net income$167.5M$1.9B
Net margin9.1%5.0%
Free cash flow$175.5M$2.4B
Free cash flow margin9.5%6.6%
Earnings per share (diluted)$0.88$1.63
Cash$1.1B$3.2B
Debtn/a$16.1B
Price to earningsn/a58.2
Market value$2.2B$108.1B
Dividend yieldn/a2.58%
Rank by revenue in sector#368 of 778 · Consumer discretionary#27 of 778 · Consumer discretionary

Over the years

Revenue
CHA FY2025: $1.8BSBUX FY2018: $24.7BSBUX FY2019: $26.5BSBUX FY2020: $23.5BSBUX FY2021: $29.1BSBUX FY2022: $32.3BSBUX FY2023: $36BSBUX FY2024: $36.2BSBUX FY2025: $37.2BFY18FY19FY20FY21FY22FY23FY24FY25
CHA $1.8BSBUX $37.2B
Net income
CHA FY2025: $167.5MSBUX FY2018: $4.5BSBUX FY2019: $3.6BSBUX FY2020: $928.3MSBUX FY2021: $4.2BSBUX FY2022: $3.3BSBUX FY2023: $4.1BSBUX FY2024: $3.8BSBUX FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25
CHA $167.5MSBUX $1.9B
Net margin
CHA FY2025: 9.1%SBUX FY2018: 18.3%SBUX FY2019: 13.6%SBUX FY2020: 3.9%SBUX FY2021: 14.5%SBUX FY2022: 10.2%SBUX FY2023: 11.5%SBUX FY2024: 10.4%SBUX FY2025: 5.0%FY18FY19FY20FY21FY22FY23FY24FY25
CHA 9.1%SBUX 5.0%
Revenue growth
SBUX FY2019: +7.2%SBUX FY2020: -11.3%SBUX FY2021: +23.6%SBUX FY2022: +11.0%SBUX FY2023: +11.6%SBUX FY2024: +0.6%SBUX FY2025: +2.8%FY19FY20FY21FY22FY23FY24FY25
CHASBUX +2.8%
Free cash flow
CHA FY2025: $175.5MSBUX FY2018: $10BSBUX FY2019: $3.2BSBUX FY2020: $114.2MSBUX FY2021: $4.5BSBUX FY2022: $2.6BSBUX FY2023: $3.7BSBUX FY2024: $3.3BSBUX FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
CHA $175.5MSBUX $2.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Chagee and Starbucks

Which is bigger by revenue, Chagee or Starbucks?

Starbucks is bigger by revenue: $37.2B in fiscal 2025, against $1.8B for Chagee in fiscal 2025.

Which keeps more of its revenue as profit, Chagee or Starbucks?

Chagee had a net margin of 9.1% in fiscal 2025; Starbucks had 5.0% in fiscal 2025.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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