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Starbucks SBUX Beverage (1) — Revenue

Other product segments

Other (3)
$2.02B+5.2%
Food (2)
$1.86B+4.2%

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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$119.88B+18.5%
Enterprise value$138.87B+11.2%
P/E60.5×+22.0×
P/S3.1×+0.4×

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:Revenues.

The source filing: Starbucks’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:17 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000829224-26-000130
Line itemQuarter Ended / Jun 28,2026Quarter Ended / Jun 29,2025Three Quarters Ended / Jun 28,2026Three Quarters Ended / Jun 29,2025
Company-operated stores$7,506.1$7,812.5$23,510.6$22,882.9
Licensed stores1,200.81,105.63,419.63,257.3
Other615.8537.91,839.11,475.2
Total net revenues9,322.79,456.028,769.327,615.4
Product and distribution costs2,828.62,955.59,310.78,586.8
Store operating expenses4,197.44,344.813,158.312,723.9
Other operating expenses131.9151.6393.6442.8
Depreciation and amortization expenses361.6427.61,125.81,254.0

Item 1.Financial Statements

FAQ

What is Starbucks's beverage (1) — revenue?
Starbucks (SBUX) reported beverage (1) — revenue of $5.44B in Q2 2026.
How has Starbucks's beverage (1) — revenue changed year-over-year?
Starbucks's beverage (1) — revenue decreased by 5.4% year-over-year, from $5.75B to $5.44B.
What is the long-term trend for Starbucks's beverage (1) — revenue?
Over 4 years (2021 to 2025), Starbucks's beverage (1) — revenue has grown at a 5.3% compound annual growth rate (CAGR), from $18.31B to $22.54B.
What does beverage (1) — revenue mean?
This metric represents the total gross revenue generated specifically from the sale of beverage products within the company's loyalty or membership program ecosystem. It captures the financial performance of core drink offerings when purchased by identified members, providing insight into the monetization of the brand's primary product line through its digital engagement platform. This data is critical for assessing the success of loyalty-driven beverage sales strategies and the overall contribution of member-exclusive consumption to total top-line growth.

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