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Starbucks SBUX Impairment Charges

Impairment Charges at other companies

Keurig Dr Pepper logo
Keurig Dr PepperKDP
$19.5M-81.1%
PepsiCo logo
PepsiCoPEP
$0-100%
The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
$507.5M-36.1%

Other financials

Income statement

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Revenue$9.3B-1.4%
Operating income$980.4M+4.8%
Net income$1.0B+87.2%
EPS (diluted)$0.91+85.7%

Balance sheet

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Cash & equivalents$3.4B-17.3%
Total debt$22.4B-19.6%
Total equity-$7.7B+0.2%
Total assets$28.3B-15.9%

Cash flow

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Operating cash flow$1.6B+63.9%
CapEx$291.4M-48.6%
Free cash flow$1.4B+211%

Valuation

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Market cap$120.36B+15.4%
Enterprise value$139.35B+8.9%
P/E60.7×+21.1×
P/S3.1×+0.3×

Profitability

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Gross margin72.3%
Operating margin7.8%-3.0pp
Net margin5.2%-2.0pp
FCF margin9.5%

Returns & leverage

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Return on equity136.5%
Debt / equity7.8×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Starbucks in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Starbucks’s 10-Q, filed January 28, 2026.

Filed
Jan 28, 2026, 7:48 AM EST
Fiscal quarter
Q4 FY2026
Calendar quarter
Q3 2026
Accession
0000829224-26-000011
Line itemQuarter Ended / Dec 28,2025Dec 29,2024
Distributions received from equity method investees96.781.9
Stock-based compensation126.1100.6
Non-cash lease costs352.8493.7
Loss on disposal, impairment, and accelerated amortization of assets109.740.9
Other5.4(7.0)
Cash provided by/(used in) changes in operating assets and liabilities:
Accounts receivable(0.2)(75.8)
Inventories(31.8)25.1

Item 1.Financial Statements

FAQ

What is Starbucks's impairment charges?
Starbucks (SBUX) reported impairment charges of $109.7M in Q4 2025.
How has Starbucks's impairment charges changed year-over-year?
Starbucks's impairment charges increased by 168.2% year-over-year, from $40.9M to $109.7M.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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