Stock research

Starbucks Corporation (SBUX) Stock Research

Starbucks operates and licenses the largest chain of coffeehouses in the world, with China as a key growth and competitive battleground.

For the fiscal year ended September 28, 2025, Starbucks Corporation reported revenue of $37.2B and net income of $1.9B, with operating cash flow of $4.7B. Source: Form 10-K filed November 14, 2025

SEC data as of

Revenue
$37.2B
FY ending 2025-09-28
Net income
$1.9B
FY ending 2025-09-28
Diluted EPS
$1.63
Net margin
5.0%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Starbucks

Its rewards program and mobile ordering drive a large share of US transactions.

Exchange
NASDAQ: SBUX
Sector
Consumer Discretionary
SEC industry
Retail-Eating & Drinking Places (SIC 5810)
Fiscal year end
September 28
Headquarters
Seattle, Washington
Founded
1971

SBUX key financials

Reported figures from Starbucks Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$37.2B2024-09-30 – 2025-09-28SEC filing
Net income$1.9B2024-09-30 – 2025-09-28SEC filing
Operating cash flow$4.7B2024-09-30 – 2025-09-28SEC filing
Diluted EPS$1.632024-09-30 – 2025-09-28SEC filing
Net margin5.0%2024-09-30 – 2025-09-28SEC filing
Shares outstanding1.14BAs of 2026-01-22SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in SBUX

Starbucks Corporation sits in Consumer Discretionary. Retail, autos, travel, and restaurants — spending that expands when confidence and real incomes rise, and contracts first when they fall. We have not yet written company-specific drivers for SBUX; the forces that matter most for the sector are:

  • ◆Real wage growth and consumer confidence
  • ◆Interest rates on autos and big-ticket credit
  • ◆Inventory cycles and promotional intensity
  • ◆The trade-down between premium and value

Key questions for the SBUX thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does SBUX's reported profit turn into cash?

Operating cash flow was $4.7B, 2.56 times net income of $1.9B, for the fiscal year ended September 28, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed November 14, 2025

How much of SBUX's revenue is left as profit?

Net income was 5.0% of revenue for the fiscal year ended September 28, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed November 14, 2025

When does Starbucks Corporation's fiscal year end?

The SEC lists Starbucks Corporation's fiscal year end as September 28, not December 31. The latest annual figures here run from September 30, 2024 to September 28, 2025.

Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.

Form 10-K filed November 14, 2025

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Congressional trading in SBUX

PoliticianTrade dateTypeOwnerAmountSource
Kevin Hern2026-09-02SaleJoint$1,001 - $15,000Filing #20035491
Jim Banks2026-04-15SaleSelf$1,001 - $15,000Filing #680da3d8-5f81-43a3-a658-0493c0070378
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Shelley Capito2026-01-28SaleSpouse$1,001 - $15,000Filing #863cb85f-ff3b-41b2-ac1b-7d82f427c7b4
Sheldon Whitehouse2026-01-09SaleSelf$1,001 - $15,000Filing #d8dd8a6c-08c7-4432-8e62-5cd0ee9c4a8e
Sheldon Whitehouse2026-01-09SaleSpouse$1,001 - $15,000Filing #d8dd8a6c-08c7-4432-8e62-5cd0ee9c4a8e
Dan Newhouse2025-12-11SaleSpouse$1,001 - $15,000Filing #20033654
Valerie Hoyle2025-09-23SaleSpouse$1,001 - $15,000Filing #20032211
Lisa McClain2025-07-22PurchaseSpouse$1,001 - $15,000Filing #20030891
Lisa McClain2025-06-24SaleSpouse$1,001 - $15,000Filing #20030891

All verified SBUX congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

SBUX — frequently asked questions

What does Starbucks Corporation do?

Starbucks operates and licenses the largest chain of coffeehouses in the world, with China as a key growth and competitive battleground.

What were SBUX's latest reported annual revenue and net income?

For the fiscal year ended September 28, 2025, Starbucks Corporation reported revenue of $37.2B and net income of $1.9B, with operating cash flow of $4.7B. The figures come from Starbucks Corporation's SEC XBRL filings.

When does Starbucks Corporation's fiscal year end?

The SEC lists Starbucks Corporation's fiscal year end as September 28.

Do members of Congress trade SBUX?

The current verified House and Senate snapshot contains 29 transaction rows for SBUX, each linked to the original filing.

Where is Starbucks Corporation headquartered?

Starbucks Corporation is headquartered in Seattle, Washington and was founded in 1971.

Is SBUX a good investment?

This page does not rate SBUX as a buy or sell. It sets out what Starbucks Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the SBUX numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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