Luckin Coffee vs Starbucks: revenue, profit, margins and growth compared
Luckin Coffee brought in $7B of revenue in fiscal 2025, Starbucks $37.2B in fiscal 2025. Revenue changed by +48.9% at Luckin Coffee and +2.8% at Starbucks on the year before, so Luckin Coffee grew faster. Luckin Coffee kept 7.3% of its revenue as net profit, Starbucks 5.0%. Free cash flow was $494.9M at Luckin Coffee and $2.4B at Starbucks.
Fiscal years as each company reports them; the two may end in different months.
Questions about Luckin Coffee and Starbucks
Which is bigger by revenue, Luckin Coffee or Starbucks?
Starbucks is bigger by revenue: $37.2B in fiscal 2025, against $7B for Luckin Coffee in fiscal 2025.
Which keeps more of its revenue as profit, Luckin Coffee or Starbucks?
Luckin Coffee had a net margin of 7.3% in fiscal 2025; Starbucks had 5.0% in fiscal 2025.
Which grew revenue faster, Luckin Coffee or Starbucks?
In their latest fiscal years revenue changed by +48.9% at Luckin Coffee and +2.8% at Starbucks.
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.