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Starbucks SBUX Q3 2025 earnings

Reported July 29, 2026 · Before market open

Revenue$9.3BBeat by $148.2M
EPS$0.91Beat by $0.26
Revenue estimate$9.2B
EPS estimate$0.65
“We have more work to do, but we're relentlessly focused on reclaiming the third place and becoming the world's greatest customer service company.”
Brian Niccol

Next report

Oct 28, 2026 (in 2 months)
Revenue estimate$9.2B
EPS estimate$0.71

Financials

Q3 2025

Income statement

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Revenue$9.5B+3.8%
Operating income$935.6M-38.3%
Net income$558.3M-47.1%
EPS (diluted)$0.49-47.3%

Balance sheet

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Cash & equivalents$4.2B+31.3%
Total debt$27.9B+10.3%
Total equity-$7.7B+3.3%
Total assets$33.6B+11.7%

Cash flow

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Operating cash flow$1.0B-40.0%
CapEx$567.4M-21.7%
Free cash flow$434.3M-54.1%

Valuation & ratios

Valuation

as of 06/28/26
See full
Market cap$103.98B+17.9%
Enterprise value$127.69B+15.8%
P/E39.5×+17.8×
P/S2.8×+0.4×

Profitability

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Operating margin10.8%-5.1pp
Net margin7.2%-4.0pp

Returns & leverage

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Current ratio0.8×-0.1×

Segments

By segment

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North America$6.9B+1.6%
International$2.0B+9.2%
Channel Development$483.8M+10.4%
Corporate and Other$34.5M+105%

By product

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Beverage (1)$5.8B+4.1%
Other (3)$1.9B+4.1%
Food (2)$1.8B+2.5%

By geography

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United States$6.9B+2.7%
China$807.2M+7.3%

FAQ

When did Starbucks report Q3 2025 earnings?
Starbucks (SBUX) reported Q3 2025 earnings on July 29, 2026 before market open.
What were Starbucks's Q3 2025 revenue and EPS?
Starbucks reported revenue of $9.3B and eps of $0.91 for Q3 2025.
Did Starbucks beat estimates in Q3 2025?
Revenue beat the consensus estimate of $9.2B by $148.2M. EPS beat the consensus estimate of $0.65 by $0.26.
How did Starbucks's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 1.4% from $9.5B a year earlier and eps grew 82.0% from $0.50.
Where can I find Starbucks's Q3 2025 SEC filings?
You can read the 8-K earnings release (0000829224-26-000129) and the 10-Q periodic report (0000829224-26-000130) directly on SEC EDGAR. The filing index links above go to sec.gov.