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Starbucks SBUX International — Income (Loss) from Equity Method Investments

Other segment segments

Channel Development
$55.8M-4.5%
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 international — income (loss) from equity method investments?
Starbucks (SBUX) reported international — income (loss) from equity method investments of $22.8M in Q2 2026.
How has Starbucks's international — income (loss) from equity method investments changed year-over-year?
Starbucks's international — income (loss) from equity method investments increased by 1853.8% year-over-year, from -$1.3M to $22.8M.
What is the long-term trend for Starbucks's international — income (loss) from equity method investments?
Over 4 years (2021 to 2025), Starbucks's international — income (loss) from equity method investments has grown at a -65.6% compound annual growth rate (CAGR), from $135.4M to -$1.9M.
What does international — income (loss) from equity method investments mean?
This metric captures the company's share of net income or loss from investments in international entities where the company exercises significant influence but does not have full control. It reflects the performance of joint ventures and strategic partnerships in foreign markets.

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