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Starbucks SBUX Q3 2025 earnings

Reported July 29, 2025 · After market close

Revenue estimate$9.3B
EPS estimate$0.65

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$9.2B
EPS estimate$0.65

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 06/29/25
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

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

Returns & leverage

See full
Current ratio0.8×-0.1×

Segments

By segment

See full
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%

Versus estimates

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Questions, answered.

When did Starbucks report Q3 2025 earnings?
Starbucks (SBUX) reported Q3 2025 earnings on July 29, 2025 after market close.
What were Starbucks's Q3 2025 revenue and EPS?
Starbucks reported revenue of $9.5B and diluted EPS of $0.50 for Q3 2025.
Did Starbucks beat estimates in Q3 2025?
Revenue beat the consensus estimate of $9.3B by $161.1M. EPS missed the consensus estimate of $0.65 by $0.15.
How did Starbucks's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 3.8% from $9.1B a year earlier and diluted EPS declined 46.2% from $0.93.
Where can I find Starbucks's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0000829224-25-000058) directly on SEC EDGAR. The filing index links above go to sec.gov.