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Starbucks SBUX Channel Development — Income (Loss) from Equity Method Investments

Other segment segments

International
$22.8M+1,854%
Corporate and Other
$0
North America
$0

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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$120.84B+19.5%
Enterprise value$139.82B+12.0%
P/E61×+22.5×
P/S3.2×+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:IncomeLossFromEquityMethodInvestments.

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
Quarter Ended / June 28, 2026North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
General and administrative expenses95.939.10.8463.0598.8
Restructuring and impairments174.341.1(0.2)87.4302.6
Total operating expenses6,386.21,092.6337.5604.68,420.9
Income from equity method investees22.855.878.6
Operating income/(loss)$1,008.9$252.8$306.2$(587.5)$980.4
Net gain resulting from divestiture of certain operations536.3
Interest income and other, net37.2
Interest expense(134.6)

Item 1.Financial Statements

FAQ

What is Starbucks's channel development — income (loss) from equity method investments?
Starbucks (SBUX) reported channel development — income (loss) from equity method investments of $55.8M in Q2 2026.
How has Starbucks's channel development — income (loss) from equity method investments changed year-over-year?
Starbucks's channel development — income (loss) from equity method investments decreased by 4.5% year-over-year, from $58.4M to $55.8M.
What is the long-term trend for Starbucks's channel development — income (loss) from equity method investments?
Over 4 years (2021 to 2025), Starbucks's channel development — income (loss) from equity method investments has grown at a -0.1% compound annual growth rate (CAGR), from $249.9M to $249.4M.
What does channel development — income (loss) from equity method investments mean?
This metric reflects the company's share of net income or loss from joint ventures or minority-owned entities within the Channel Development segment. It captures the financial performance of strategic partnerships, such as those involving global ready-to-drink beverage distribution.

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