SBUX financial statements

The full income statement, balance sheet, and cash-flow statement for Starbucks Corporation (SBUX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 1.13B2024-09 1.13B2024-12 1.14B2025-03 1.14B2025-06 1.14B2025-09 1.14B2025-12 1.14B2026-03 1.14B2026-06 1.14B+0.6% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofSep 28 ’25	as ofSep 29 ’24	as ofOct 1 ’23	as ofOct 2 ’22	as ofOct 3 ’21
Revenue	37.2B YoY+2.8%	36.2B YoY+0.6%	36.0B YoY+11.6%	32.3B YoY+11.0%	29.1B YoY+23.6%
Selling, general & administrative	2.62B YoY+3.7%	2.52B YoY+3.4%	2.44B YoY+20.1%	2.03B YoY+5.1%	1.93B YoY+15.1%
General & administrative	2.62B YoY+3.7%	2.52B YoY+3.4%	2.44B YoY+20.1%	2.03B YoY+5.1%	1.93B YoY+15.1%
Restructuring	—	—	22.0M YoY-52.2%	46.0M YoY-70.4%	155M YoY-39.0%
Amortization of intangibles	17.6M YoY-13.7%	20.4M YoY-5.1%	21.5M YoY-88.8%	193M YoY-13.7%	223M YoY-0.1%
Operating income	2.94B YoY-45.7%	5.41B YoY-7.9%	5.87B YoY+27.1%	4.62B YoY-5.2%	4.87B YoY+212.0%
Interest expense	543M YoY-3.5%	562M YoY+2.2%	550M YoY+13.9%	483M YoY+2.8%	470M YoY+7.5%
Equity-method income	248M YoY-17.7%	301M YoY+0.9%	298M YoY+27.5%	234M YoY-39.2%	385M YoY+19.5%
Pre-tax income	2.51B YoY-49.5%	4.97B YoY-8.0%	5.40B YoY+27.6%	4.23B YoY-21.0%	5.36B YoY+360.1%
Income tax	651M YoY-46.1%	1.21B YoY-5.5%	1.28B YoY+34.7%	949M YoY-18.0%	1.16B YoY+382.5%
	1.86B YoY-50.6%	3.76B YoY-8.8%	4.12B YoY+25.7%	3.28B YoY-21.9%	4.20B YoY+352.4%
Net income to non-controlling interest	300K YoY-78.6%	1.40M YoY+600.0%	200K YoY-88.9%	1.80M YoY+80.0%	1.00M YoY+127.8%
	$1.63 YoY-50.8%	$3.31 YoY-7.5%	$3.58 YoY+26.5%	$2.83 YoY-20.1%	$3.54 YoY+348.1%
EPS (basic)	$1.63 YoY-50.9%	$3.32 YoY-7.8%	$3.60 YoY+26.3%	$2.85 YoY-20.2%	$3.57 YoY+351.9%
	1.14B YoY+0.2%	1.13B YoY-1.1%	1.15B YoY-0.6%	1.15B YoY-2.1%	1.18B YoY+0.4%
	1.14B YoY+0.2%	1.14B YoY-1.2%	1.15B YoY-0.6%	1.16B YoY-2.3%	1.19B YoY+0.3%
Dividends per share	$2.45 YoY+5.6%	$2.32 YoY+7.4%	$2.16 YoY+8.0%	$2.00 YoY-12.7%	$2.29 YoY+86.2%
Balance Sheet	as ofSep 28 ’25	as ofSep 29 ’24	as ofOct 1 ’23	as ofOct 2 ’22	as ofOct 3 ’21
	7.38B YoY+7.8%	6.85B YoY-6.2%	7.30B YoY+4.1%	7.02B YoY-28.1%	9.76B YoY+25.0%
Cash & equivalents	3.22B YoY-2.0%	3.29B YoY-7.5%	3.55B YoY+26.0%	2.82B YoY-56.3%	6.46B YoY+48.4%
Short-term investments	247M YoY-3.8%	257M YoY-36.0%	402M YoY+10.2%	365M YoY+124.7%	162M YoY-42.3%
Accounts receivable	1.28B YoY+5.2%	1.21B YoY+2.5%	1.18B YoY+0.7%	1.18B YoY+25.1%	940M YoY+6.4%
Inventory	2.19B YoY+23.0%	1.78B YoY-1.6%	1.81B YoY-17.0%	2.18B YoY+35.7%	1.60B YoY+3.4%
Prepaid expenses	452M YoY+44.4%	313M YoY-13.0%	360M YoY-25.6%	484M YoY-18.7%	595M YoY-19.6%
	32.0B YoY+2.2%	31.3B YoY+6.4%	29.4B YoY+5.2%	28.0B YoY-10.9%	31.4B YoY+6.9%
Property, plant & equipment	8.49B YoY-2.0%	8.67B YoY+17.3%	7.39B YoY+12.6%	6.56B YoY+3.0%	6.37B YoY+2.1%
Operating lease right-of-use	9.32B YoY+0.3%	9.29B YoY+10.4%	8.41B YoY+5.0%	8.02B YoY-2.7%	8.24B YoY+1.3%
Goodwill	3.37B YoY+1.6%	3.32B YoY+3.0%	3.22B YoY-2.0%	3.28B YoY-10.7%	3.68B YoY+2.2%
Intangible assets	167M YoY+65.3%	101M YoY-16.3%	121M YoY-22.7%	156M YoY-55.4%	350M YoY-36.6%
Deferred tax assets	1.83B YoY+3.4%	1.77B YoY-0.2%	1.77B YoY-1.7%	1.80B YoY-4.0%	1.87B
Other non-current assets	753M YoY+22.0%	617M YoY+12.9%	547M YoY-1.4%	554M YoY-4.2%	579M YoY+1.7%
	10.2B YoY+12.6%	9.07B YoY-2.9%	9.35B YoY+2.1%	9.15B YoY+12.3%	8.15B YoY+11.0%
Accounts payable	1.85B YoY+16.1%	1.60B YoY+3.3%	1.54B YoY+7.1%	1.44B YoY+19.0%	1.21B YoY+21.4%
Accrued liabilities	2.36B YoY+7.5%	2.19B YoY+2.3%	2.15B YoY+0.4%	2.14B YoY-7.9%	2.32B YoY+100.0%
Deferred revenue	1.84B YoY+3.3%	1.78B YoY+4.8%	1.70B YoY+3.6%	1.64B YoY+2.9%	1.60B YoY+9.6%
Short-term & current debt	1.50B YoY+20.0%	1.25B YoY-31.3%	1.82B YoY+4.0%	1.75B YoY+75.1%	999M YoY-20.1%
Current lease liability	1.56B YoY+6.9%	1.46B YoY+14.7%	1.28B YoY+2.4%	1.25B YoY-0.4%	1.25B YoY+0.2%
	40.1B YoY+3.4%	38.8B YoY+3.6%	37.4B YoY+2.1%	36.7B YoY-0.1%	36.7B YoY-1.3%
Long-term debt	14.6B YoY+1.8%	14.3B YoY+5.7%	13.5B YoY+3.3%	13.1B YoY-3.6%	13.6B YoY-7.1%
Deferred revenue (non-current)	5.77B YoY-3.2%	5.96B YoY-2.3%	6.10B YoY-2.8%	6.28B YoY-2.8%	6.46B YoY-2.1%
Non-current lease liability	8.97B YoY+2.3%	8.77B YoY+10.7%	7.92B YoY+5.5%	7.52B YoY-2.9%	7.74B YoY+1.0%
Operating lease liability (total)	10.5B YoY+3.0%	10.2B YoY+11.2%	9.20B YoY+5.0%	8.76B YoY-2.5%	8.99B YoY+0.9%
Deferred tax liabilities	50.4M YoY+138.9%	21.1M YoY+44.5%	14.6M YoY-87.7%	119M YoY-20.1%	149M YoY-6.1%
	-8.10B YoY-8.7%	-7.45B YoY+6.8%	-7.99B YoY+8.2%	-8.71B YoY-63.6%	-5.32B YoY+31.8%
Common stock	1.10M YoY+0.0%	1.10M YoY+0.0%	1.10M YoY+0.0%	1.10M YoY-8.3%	1.20M YoY+0.0%
Additional paid-in capital	634M YoY+96.6%	323M YoY+746.7%	38.1M YoY-81.4%	205M YoY-75.7%	846M YoY+126.3%
Retained earnings	-8.27B YoY-12.6%	-7.34B YoY-1.2%	-7.26B YoY+14.1%	-8.45B YoY-33.8%	-6.32B YoY+19.2%
Accumulated other comprehensive income	-459M YoY-7.1%	-429M YoY+44.9%	-778M YoY-68.0%	-463M YoY-414.7%	147M YoY+140.4%
Non-controlling interest	7.40M YoY+1.4%	7.30M YoY+4.3%	7.00M YoY-11.4%	7.90M YoY+17.9%	6.70M YoY+17.5%
Total equity incl. non-controlling	-8.09B YoY-8.7%	-7.44B YoY+6.8%	-7.99B YoY+8.2%	-8.70B YoY-63.7%	-5.31B YoY+31.9%
Total liabilities & equity	32.0B YoY+2.2%	31.3B YoY+6.4%	29.4B YoY+5.2%	28.0B YoY-10.9%	31.4B YoY+6.9%
	1.14B YoY+0.3%	1.13B YoY-0.8%	1.14B YoY-0.5%	1.15B YoY-2.7%	1.18B YoY+0.6%
	1.14B YoY+0.3%	1.13B YoY-0.8%	1.14B YoY-0.5%	1.15B YoY-2.7%	1.18B YoY+0.6%
	1.14B YoY+0.3%	1.13B YoY-0.3%	1.14B YoY-1.0%	1.15B YoY-2.2%	1.17B YoY-0.0%
Cash Flow	as ofSep 28 ’25	as ofSep 29 ’24	as ofOct 1 ’23	as ofOct 2 ’22	as ofOct 3 ’21
	4.75B YoY-22.1%	6.10B YoY+1.4%	6.01B YoY+36.6%	4.40B YoY-26.6%	5.99B YoY+274.8%
Depreciation & amortization	1.77B YoY+11.2%	1.59B YoY+9.8%	1.45B YoY-5.2%	1.53B YoY+0.3%	1.52B YoY+1.4%
Intangible amortization	17.6M YoY-13.7%	20.4M YoY-5.1%	21.5M YoY-88.8%	193M YoY-13.7%	223M YoY-0.1%
Share-based compensation	318M YoY+3.2%	308M YoY+1.9%	303M YoY+11.5%	272M YoY-14.9%	319M YoY+28.4%
Deferred income taxes	-90.6M YoY-556.5%	-13.8M YoY+76.8%	-59.4M YoY-57.1%	-37.8M YoY+74.1%	-146M YoY-466.7%
Change in receivables	89.7M YoY+587.5%	-18.4M YoY-548.8%	4.10M YoY-98.7%	326M YoY+658.4%	43.0M YoY+1492.6%
Change in inventory	408M YoY+1054.2%	-42.8M YoY+88.3%	-366M YoY-157.2%	641M YoY+1187.1%	49.8M YoY+356.9%
Change in payables	261M YoY+832.1%	28.0M YoY-72.0%	100M YoY-71.0%	346M YoY+81.9%	190M YoY+190.1%
	-2.49B YoY+7.9%	-2.70B YoY-18.9%	-2.27B YoY-5.8%	-2.15B YoY-571.8%	-320M YoY+81.3%
Capital expenditure	2.31B YoY-17.0%	2.78B YoY+19.0%	2.33B YoY+26.7%	1.84B YoY+25.3%	1.47B YoY-0.9%
Free cash flow	2.44B YoY-26.4%	3.32B YoY-9.7%	3.68B YoY+43.8%	2.56B YoY-43.4%	4.52B YoY+3857.2%
Acquisitions	177M	0.00	0.00	0.00	0.00
Purchases of investments	334M YoY-46.8%	628M YoY+2.8%	611M YoY+61.6%	378M YoY-12.5%	432M YoY-2.7%
Other investing activities	62.1M YoY-14.6%	72.7M YoY+29.6%	56.1M YoY-55.6%	126M YoY+55.5%	81.2M YoY+82.9%
	-2.30B YoY+38.2%	-3.72B YoY-24.3%	-2.99B YoY+47.0%	-5.64B YoY-54.4%	-3.65B YoY-313.1%
Long-term debt issued	1.75B YoY-12.4%	2.00B YoY+33.2%	1.50B YoY-0.0%	1.50B	0.00 YoY-100.0%
Long-term debt repaid	1.25B YoY-31.5%	1.83B YoY+82.5%	1.00B YoY+0.0%	1.00B YoY-20.0%	1.25B
Common stock issued	77.0M YoY-28.7%	108M YoY-35.5%	167M YoY+64.8%	102M YoY-58.7%	246M YoY-17.6%
Common stock repurchased	0.00 YoY-100.0%	1.27B YoY+28.7%	984M YoY-75.5%	4.01B	0.00 YoY-100.0%
Dividends paid	2.77B YoY+7.2%	2.58B YoY+6.3%	2.43B YoY+7.4%	2.26B YoY+6.8%	2.12B YoY+10.2%
Other financing activities	-9.30M YoY+12.3%	-10.6M YoY+4.5%	-11.1M YoY-20.7%	-9.20M	0.00 YoY+100.0%
FX effect on cash	-30.5M YoY-154.0%	56.5M YoY+497.9%	-14.2M YoY+94.3%	-250M YoY-390.4%	86.2M YoY+33.2%
Net change in cash	-66.4M YoY+75.0%	-265M YoY-136.2%	733M YoY+120.2%	-3.64B YoY-272.8%	2.10B YoY+26.5%
Interest paid	588M YoY+3.1%	571M YoY+8.8%	524M YoY+10.4%	475M YoY-5.3%	501M YoY+26.3%
Income taxes paid	716M YoY-47.9%	1.37B YoY+6.1%	1.29B YoY+11.8%	1.16B YoY+53.1%	756M YoY-55.5%
Valuation Ratios	as ofSep 28 ’25	as ofSep 29 ’24	as ofOct 1 ’23	as ofOct 2 ’22	as ofOct 3 ’21
Market cap	94.8B YoY-14.1%	110B YoY+5.5%	105B YoY+8.1%	96.7B YoY-27.4%	133B YoY+35.1%
P/E	36.0× YoY+32.9%	27.1× YoY-1.9%	27.6× YoY+19.1%	23.2× YoY-50.7%	47.1× YoY-36.0%
P/S	2.6× YoY-14.6%	3.0× YoY+1.3%	3.0× YoY-1.2%	3.0× YoY-38.4%	4.9× YoY+19.9%
P/FCF	42.1× YoY+45.9%	28.8× YoY-17.7%	35.0× YoY+10.1%	31.8× YoY+10.6%	28.8×
	2.8% YoY-24.7%	3.7% YoY+2.0%	3.6% YoY-16.0%	4.3% YoY+103.0%	2.1% YoY+56.3%
	2.4% YoY-31.4%	3.5% YoY+21.5%	2.9% YoY-9.2%	3.1% YoY-9.6%	3.5%
	2.9% YoY+23.3%	2.4% YoY+0.7%	2.4% YoY-0.3%	2.4% YoY+17.0%	2.0% YoY+39.0%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: SBUX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SBUX filings on SEC EDGAR → Not investment advice.