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Nasdaq · Consumer Discretionary

STARBUCKS CORP (SBUX)

As-reported financials and recent SEC filings for STARBUCKS CORP, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About STARBUCKS CORP

Starbucks Corporation is a global company that roasts, markets, and sells specialty coffee and related beverages. It operates company-owned coffeehouses and licensed stores in 89 markets, offering handcrafted coffee, tea, food items, and branded products such as Teavana and Starbucks Reserve. Starbucks serves consumers worldwide through its retail stores, grocery channels, and partnerships like the Global Coffee Alliance with Nestlé.

Snapshot

Revenue
$37.18B
Revenue growth (YoY)
2.8%
Net income
$1.86B
Diluted EPS
$1.63
Gross margin
Operating margin
7.9%
Net margin
5.0%
FCF margin
6.6%
ROE
P/E (TTM)
79.1×
Market cap
$118.13B
Debt / equity

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Starbucks

  • Revenue grew 2.8% to $37.2B in FY2025, faster than the 0.6% the year before.
  • Operating margin is 7.9% in FY2025, -8.9 pp against 16.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $9.5B, up 8.8% from Q2 FY2025.
  • Free cash flow was $2.4B in FY2025, 6.6% of revenue.
  • Net income fell 50.6% to $1.9B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Starbucks’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin7.9%
68th percentile of 348
Net margin5.0%
64th percentile of 377
FCF margin6.6%
65th percentile of 350
Revenue growth (YoY)+2.8%
45th percentile of 394
P/E (TTM)79.1×
95th percentile of 249
Short interest7.41d
79th percentile of 401

Starbucks’s P/E of 79.1 ranks in the 95th percentile of the 249 peers with a meaningful P/E.

No open-market insider buys in the last 90 days; 5 insider sales totaling $889,033. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
6
+4 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$683.2M
reported long value
InvestorAs ofPosition valueSharesChange
Polen Capital ManagementQ1 2026$452.9M5.1MReduced
Citadel AdvisorsquantQ1 2026$75.5M842.3KAdded
Markel GroupQ1 2026$55.9M623.8KHeld
Millennium ManagementquantQ1 2026$45.9M512.6KAdded
D. E. ShawquantQ1 2026$25.9M288.8KReduced
AQR Capital ManagementquantQ1 2026$14.8M165.9KAdded
Bridgewater AssociatesQ1 2026$5.9M65.7KReduced
Gotham Asset ManagementQ1 2026$4.2M46.8KReduced
First Eagle Investment ManagementQ1 2026$1.5M16.4KReduced
Maverick CapitalQ1 2026$728,0088.1KNew

No longer held by: Renaissance Technologies (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
5
$889K
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-06
filed 2026-07-08
BREWER BRADYceo, InternationalSell2.2K$104.00$232K
2026-06-11
filed 2026-06-15
BREWER BRADYceo, InternationalSell588$100.00$59K
2026-06-05
filed 2026-06-09
BREWER BRADYceo, InternationalSell1.6K$94.33$155K
2026-05-05
filed 2026-05-07
BREWER BRADYceo, InternationalSell2.2K$104.81$234K
2026-04-29
filed 2026-04-30
KELLY SARAevp, chief partner officerSell2.0K$105.00$210K
2026-04-17
filed 2026-04-21
BREWER BRADYceo, InternationalSell588$100.00$59K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
46.9M
settled 2026-07-15
Change vs prior
-2.7%
vs previous settlement
Days to cover
7.41
at avg daily volume
Avg daily volume
6.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1546.9M-2.7%7.41
2026-06-3048.2M+0.3%6.01
2026-06-1548.1M-0.2%5.89
2026-05-2948.2M-7.1%6.40
2026-05-1551.9M+17.2%7.34
2026-04-3044.3M-2.2%5.37
2026-04-1545.3M+4.9%7.23
2026-03-3143.2M-8.5%5.20

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$37.18B$36.18B$35.98B$32.25B$29.06B
Gross profit
Operating income$2.94B$5.41B$5.87B$4.62B$4.87B
Net income$1.86B$3.76B$4.12B$3.28B$4.20B
Diluted EPS$1.63$3.31$3.58$2.83$3.54

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$4.75B$6.10B$6.01B$4.40B$5.99B
Capital expenditure$2.31B$2.78B$2.33B$1.84B$1.47B
Free cash flow$2.44B$3.32B$3.68B$2.56B$4.52B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$9.53B8.8%$510.9M$0.45
Q1 FY2026$9.92B5.5%$293.3M$0.26
Q4 FY2025$9.57B5.5%$133.2M$0.12
Q3 FY2025$9.46B3.8%$558.3M$0.49
Q2 FY2025$8.76B2.3%$384.2M$0.34
Q1 FY2025$9.40B-0.3%$780.8M$0.69
Q4 FY2024$9.07B-3.2%$909.2M$0.80
Q3 FY2024$9.11B-0.6%$1.05B$0.93

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Eating & Drinking Places
Fiscal year endSeptember 28
Latest fiscal periodFY2025
SEC filings since2015
SEC CIK829224

Recent SEC filings

10-K2025-11-14
View on EDGAR →
10-K2024-11-20
View on EDGAR →
10-Q2026-04-28
View on EDGAR →
10-Q2026-01-28
View on EDGAR →
10-Q2025-07-29
View on EDGAR →
10-Q2025-04-29
View on EDGAR →
8-K2026-06-12
View on EDGAR →
8-K2026-05-20
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

SBUX head to head

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.