Starbucks Corporation (SBUX) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $9.41B (period ending 2007-09-30) to $37.18B (period ending 2025-09-28) — a 7.9% annual pace across 18 year(s) of filed history.
- Net margin compressed from 7.1% to 5.0% over that same span.
- Across 56 tracked quarters, the strongest was $9.92B (quarter ending 2025-12-28) and the weakest was $2.33B (quarter ending 2009-03-29).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $37.18B | 2025-09-28 | 10-K | 0000829224-25-000114 |
| Operating income | $2.94B | 2025-09-28 | 10-K | 0000829224-25-000114 |
| Net income | $1.86B | 2025-09-28 | 10-K | 0000829224-25-000114 |
| Diluted EPS | $1.63 | 2025-09-28 | 10-K | 0000829224-25-000114 |
| Total assets | $32.02B | 2025-09-28 | 10-K | 0000829224-25-000114 |
| Total liabilities | $40.11B | 2025-09-28 | 10-K | 0000829224-25-000114 |
| Cash & equivalents | $6.46B | 2021-10-03 | 10-K | 0000829224-21-000086 |
| Operating cash flow | $4.75B | 2025-09-28 | 10-K | 0000829224-25-000114 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $9.32B | 2026-06-28 | 10-Q | 0000829224-26-000130 |
| Operating income | $980.4M | 2026-06-28 | 10-Q | 0000829224-26-000130 |
| Net income | $1.05B | 2026-06-28 | 10-Q | 0000829224-26-000130 |
| Diluted EPS | $0.91 | 2026-06-28 | 10-Q | 0000829224-26-000130 |
| Total assets | $28.29B | 2026-06-28 | 10-Q | 0000829224-26-000130 |
| Total liabilities | $35.96B | 2026-06-28 | 10-Q | 0000829224-26-000130 |
| Cash & equivalents | $3.18B | 2022-07-03 | 10-Q | 0000829224-22-000039 |
| Operating cash flow | $1.60B | 2025-12-28 | 10-Q | 0000829224-26-000011 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Starbucks Corporation’s business scale is substantial, with revenue reaching $37.18 billion in fiscal year 2025, reflecting a steady growth trajectory over the past 18 years. The annual revenue grew at a compound rate of 7.9%, as per pre-computed trend facts. However, net income margins have contracted from 7.1% to 5.0% during this period, indicating operational efficiency challenges despite revenue expansion.
The multi-year trajectory reveals a pattern of increasing revenues, punctuated by fluctuations in net income margins. Notably, the company’s operating income and cash flow have shown resilience, with $2.94 billion in 2025 and $4.75 billion in the most recent quarterly filing. Investors should monitor the balance between revenue growth and shrinking net margins, as well as the company’s ability to maintain positive operating cash flow amidst mounting liabilities.
In upcoming filings, it would be crucial to observe how Starbucks addresses its decreasing net margin trend while sustaining revenue momentum. Additionally, the management’s strategies for managing liabilities and enhancing operational efficiency will be key factors to watch, given the current financial structure with total liabilities exceeding assets.
Source: SEC EDGAR company facts for CIK 0000829224 · filings index