STARBUCKS CORP

SBUX 10-Q · Q2 2026

SBUX Q2 2026 request

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Income Statement

Income Statement
Metric Q2 2026 Q2 2025 YoY
Revenue 9,531.5 8,761.6 +8.8%
Show Product Lines breakouts
Beverage (1) 5,659 5,293.6 +6.9%
Food (2) 1,830.6 1,691.9 +8.2%
Other (3) 2,041.9 1,776.1 +15.0%
Product And Service Other 626.7 460.6 +36.1%
Show Business Segments breakouts
Channel Development · Operating Segments 567.8 409 +38.8%
Corporate And Other · Operating Segments 18.8 12.8 +46.9%
International · Operating Segments 2,051.1 1,867.1 +9.9%
North America · Operating Segments 6,893.8 6,472.7 +6.5%
Show Geography breakouts
CN 809.2 752.1 +7.6%
Non Us 1,792 1,606 +11.6%
US 6,930.3 6,403.5 +8.2%
Show Franchisor Disclosure breakouts
Entity Operated Units 7,816.4 7,285 +7.3%
Franchised Units 1,088.4 1,016 +7.1%
Production And Distribution Costs 3,208.5 2,737.6 +17.2%
Show Business Segments breakouts
Channel Development · Operating Segments 370.5 257.7 +43.8%
Corporate And Other · Operating Segments 19.5 13 +50.0%
International · Operating Segments 749.7 659.8 +13.6%
North America · Operating Segments 2,068.8 1,807.1 +14.5%
Store Operating Expenses 4,408.6 4,176 +5.6%
Show Business Segments breakouts
International · Operating Segments 716.7 744.4 -3.7%
North America · Operating Segments 3,691.9 3,431.6 +7.6%
Other Cost And Expense Operating 130.5 138.7 -5.9%
Show Business Segments breakouts
Channel Development · Operating Segments 17.7 15 +18.0%
Corporate And Other · Operating Segments 1.2
International · Operating Segments 55.6 55.1 +0.9%
North America · Operating Segments 56 68.6 -18.4%
Depreciation 363.4 418.9 -13.2%
Show Business Segments breakouts
Corporate And Other · Operating Segments 31.3 30.7 +2.0%
International · Operating Segments 32.6 89 -63.4%
North America · Operating Segments 299.5 299.2 +0.1%
General & Administrative 618.1 632.3 -2.2%
Show Business Segments breakouts
Channel Development · Operating Segments 0.7 1.2 -41.7%
Corporate And Other · Operating Segments 436 449.7 -3.0%
International · Operating Segments 89 84.8 +5.0%
North America · Operating Segments 92.4 96.6 -4.3%
Restructuring Settlement And Impairment Provisions 25.1 116.2 -78.4%
Show Business Segments breakouts
Channel Development · Operating Segments -0.1 0.9 -111.1%
Corporate And Other · Operating Segments 11.1 77.2 -85.6%
International · Operating Segments 8.8 16.8 -47.6%
North America · Operating Segments 5.3 21.3 -75.1%
Total Costs & Expenses 8,754.2 8,219.7 +6.5%
Show Business Segments breakouts
Channel Development · Operating Segments 388.8 274.8 +41.5%
Corporate And Other · Operating Segments 499.1 570.6 -12.5%
International · Operating Segments 1,652.4 1,649.9 +0.2%
North America · Operating Segments 6,213.9 5,724.4 +8.6%
Income Loss From Equity Method Investments 50.8 59.1 -14.0%
Show Business Segments breakouts
Channel Development · Operating Segments 50.9 59.3 -14.2%
International · Operating Segments -0.1 -0.2 +50.0%
Operating Income 828.1 601 +37.8%
Show Business Segments breakouts
Channel Development · Operating Segments 229.9 193.5 +18.8%
Corporate And Other · Operating Segments -480.3 -557.8 +13.9%
International · Operating Segments 398.6 217 +83.7%
North America · Operating Segments 679.9 748.3 -9.1%
Interest And Other Income 37 28.4 +30.3%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income -0.3 -0.2 -50.0%
Interest Expense -137 -127.3 -7.6%
Show Equity Components breakouts
Accumulated Net Investment Hedge Gain (Loss) Attributable to Parent [Member] · Reclassification Out Of Accumulated Other Comprehensive Income -24.1 -27.7 +13.0%
Income Before Taxes 728.1 502.1 +45.0%
Income Tax Expense (Benefit) 217.3 118 +84.2%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -4.9 -11.9 +58.8%
Net Income 510.8 384.1 +33.0%
Show Equity Components breakouts
Noncontrolling Interest -0.1 -0.1 0.0%
Parent 510.9 384.2 +33.0%
Retained Earnings 510.9 384.2 +33.0%
Net Income Loss Attributable To Noncontrolling Interest -0.1 -0.1 0.0%
Net Income 510.9 384.2 +33.0%
EPS (Basic) 0.45 0.34 +32.4%
EPS (Diluted) 0.45 0.34 +32.4%
Wtd Avg Shares (Basic) 1,139.4 1,136 +0.3%
Wtd Avg Shares (Diluted) 1,143.2 1,140 +0.3%
Comprehensive Income 519.4 438.8 +18.4%
Labor And Related Expense 2,645.3 2,406.1 +9.9%

Balance Sheet

Balance Sheet
Metric Q2 2026 Q2 2025 YoY
Current Assets
Short-Term Investments 168.3 340.2 -50.5%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Short Term Investments 109.6 161 -31.9%
Fair Value Inputs Level2 · Short Term Investments 46.4 167.8 -72.3%
Fair Value Inputs Level3 · Short Term Investments 12.3 11.4 +7.9%
Show Balance Sheet Location breakouts
Short Term Investments 168.3 340.2 -50.5%
Accounts Receivable 1,288.9 1,154.7 +11.6%
Inventory 2,157.8 2,047.3 +5.4%
Prepaid Expenses & Other Current Assets 368.8 500.1 -26.3%
Total Current Assets 10,559.2 6,713.7 +57.3%
Non-Current Assets
Property, Plant & Equipment 7,188.7 8,820.2 -18.5%
Operating Lease Right-of-Use Assets 8,189.5 9,467.2 -13.5%
Deferred Tax Assets 1,541.8 1,735.9 -11.2%
Other Non-Current Assets 817.8 713.1 +14.7%
Goodwill 1,295.1 3,324.7 -61.0%
Show Business Segments breakouts
Channel Development 34.7 34.7 0.0%
Corporate And Other 1 1 0.0%
International 768.6 2,799.1 -72.5%
North America 490.8 489.9 +0.2%
Total Assets 30,557.5 31,633.1 -3.4%
Intangible Assets 96.5 89.8 +7.5%
Show Finite Lived Intangible Assets By Major Class breakouts
Contract Based Intangible Assets 77.1 78.3 -1.5%
Other Intangible Assets 13.1
Trade names, trademarks and patents 6.3 11 -42.7%
Other Assets
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,532 2,671.4 -42.7%
Assets Of Disposal Group Including Discontinued Operation 5,043.4
Show Disposal Group Classification breakouts
Disposal Group Heldforsale Not Discontinued Operations 5,043.4
Equity Investments 483.1 466.9 +3.5%
Intangible Assets Net Excluding Goodwill 176 169.3 +4.0%
Current Liabilities
Accounts Payable 1,674.3 1,913.8 -12.5%
Accrued Liabilities 2,168 2,036.7 +6.4%
Employee Related Liabilities Current 793.9 833.1 -4.7%
Operating Lease Liability Current 1,301.2 1,477.8 -12.0%
Deferred Revenue 1,828.7
Show Product Lines breakouts
Stored Value Cards and Loyalty Program Breakage in Prior Year 1.6 1.7 -5.9%
Show Type Of Arrangement breakouts
Nestle Global Coffee Alliance [Member] 177
Current Portion of Long-Term Debt 1,997.7 2,247.8 -11.1%
Total Current Liabilities 11,449.4 10,429.3 +9.8%
Non-Current Liabilities
Available For Sale Securities Debt Securities Noncurrent 306.3 222.1 +37.9%
Long-Term Debt 13,084.2 13,324 -1.8%
Operating Lease Liabilities 8,008.3 8,959.9 -10.6%
Deferred Revenue Noncurrent 5,678.7
Show Type Of Arrangement breakouts
Nestle Global Coffee Alliance [Member] 5.6
Deferred Tax And Other Liabilities Noncurrent 794.6 664 +19.7%
Total Liabilities 39,015.2 39,248.5 -0.6%
Long-Term Debt 15,081.9 15,571.8 -3.1%
Other Liabilities
Liabilities Of Disposal Group Including Discontinued Operation 1,685.6
Show Disposal Group Classification breakouts
Disposal Group Heldforsale Not Discontinued Operations 1,685.6
Stockholders' Equity
Common Stock 1.1 1.1 0.0%
Additional Paid In Capital Common Stock 832.1 470.9 +76.7%
Retained Earnings -8,881 -7,565.5 -17.4%
Accumulated Other Comprehensive Income -417.3 -529 +21.1%
Total Stockholders' Equity -8,465.1 -7,622.5 -11.1%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest -8,457.7 -7,615.4 -11.1%
Show Equity Components breakouts
Accumulated Foreign Currency Adjustment Including Portion Attributable To Noncontrolling Interest -839.6 -965.6 +13.0%
Accumulated Gain Loss Cash Flow Hedge Including Noncontrolling Interest 55.9
Accumulated Net Investment Gain Loss Including Portion Attributable To Noncontrolling Interest -0.7 -1.8 +61.1%
Accumulated Other Comprehensive Income -417.3 -529 +21.1%
Additional Paid In Capital 832.1 470.9 +76.7%
Aoci Including Portion Attributable To Noncontrolling Interest -417.3 -529 +21.1%
AOCI, Accumulated Net Investment Hedge Gain (Loss) Including Portion Attributable to Noncontrolling Interest 367.1 371.1 -1.1%
Common Stock 1.1 1.1 0.0%
Noncontrolling Interest 7.4 7.1 +4.2%
Parent -8,465.1 -7,622.5 -11.1%
Retained Earnings -8,881 -7,565.5 -17.4%
Total Liabilities & Equity 30,557.5 31,633.1 -3.4%
Common Stock Par Or Stated Value Per Share 0 0 0.0%
Common Stock Shares Authorized 2,400 2,400 0.0%
Common Stock Shares Issued 1,139.5 1,136.2 +0.3%
Minority Interest 7.4 7.1 +4.2%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2026 YTD Q2 2025 YoY
Operating Activities
Depreciation & Amortization 821.1 867.5 -5.3%
Deferred Income Taxes 363 -12.4 +3027.4%
Income Lossfrom Equity Method Investments1 -128 -115.5 -10.8%
Equity Method Investment Dividends Or Distributions 109.7 133.8 -18.0%
Stock-Based Compensation 219.3 178.3 +23.0%
Non Cash Lease Expense 675.3 811.6 -16.8%
Asset Impairment Charges 138 82.1 +68.1%
Other Non-Cash Items -2 3.4 -158.8%
Change in Accounts Receivable -83.4 17 -590.6%
Change in Inventory -90.4 -281 +67.8%
Increase Decrease In Accrued Income Taxes Payable -5.9 6.4 -192.2%
Change in Accounts Payable -41.4 339.4 -112.2%
Increase Decrease In Deferred Revenue 103.2 65.4 +57.8%
Increase Decrease In Operating Lease Liability -879.3 -834.4 -5.4%
Increase Decrease In Other Operating Capital Net -41 -62.7 +34.6%
Net Cash from Operations 1,962.2 2,364 -17.0%
Investing Activities
Payments To Acquire Investments -105.6 -169.4 +37.7%
Proceedsfrom Salesof Investments 16.4
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 106 141 -24.8%
Capital Expenditures -596.4 -1,282.1 +53.5%
Other Investing Activities -73.7 -11.6 -535.3%
Net Cash from Investing -653.3 -1,499.2 +56.4%
Financing Activities
Proceeds From Short Term Debt 2.5 1.1 +127.3%
Repayments Of Long Term Debt -1,000
Proceeds From Issuance Of Common Stock 36.5 44.4 -17.8%
Payments Of Dividends -1,411.4 -1,384.9 -1.9%
Tax Withholding for Share Compensation -60.2 -76.5 +21.3%
Net Cash from Financing -2,432.6 -1,421.3 -71.2%
Supplemental
Interest Paid 314.4 294.2 +6.9%
Income Taxes Paid 320.5 459.2 -30.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 5.9 -58.3 +110.1%
Net Change In Cash Balances Classified As Held For Sale -570
Net Change in Cash -1,687.8 -614.8 -174.5%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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