Stocks·NASDAQ:SBUX

Starbucks (SBUX)

OverviewFinancialsOwnersFilings
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Revenue, last 12 months$38.3B+4% vs. a year before
Free cash flow, last 12 months$3.64BBringing in cash
Cash and short-term investments$3.61BDebt: $13.3B
Shares outstanding, past year+0.3%1.1B shares now

My take

No average analyst target in this video.

Every video where I mention SBUX

The last 12 months

  1. Oct 29, 20268-KReleased quarterly results
  2. Sep 24, 20268-KRestructuring or layoff costs; Shared information with investors
  3. Jul 29, 202610-QQuarterly report
  4. Jul 29, 20268-KReleased quarterly results
  5. Jun 12, 20268-KExecutive or board change
  6. May 20, 20268-KOther news
  7. May 15, 20268-KRestructuring or layoff costs
  8. Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
  9. Apr 28, 202610-QQuarterly report
  10. Apr 28, 20268-KReleased quarterly results
  11. Mar 30, 20268-KShareholder vote results
  12. Jan 28, 202610-QQuarterly report
  13. Jan 28, 20268-KReleased quarterly results
  14. Nov 17, 20258-K/AExecutive or board change

All filings →

Revenue by year
FY16: $21.3BFY16FY17: $22.4BFY17FY18: $24.7BFY18FY19: $26.5BFY19FY20: $23.5BFY20FY21: $29.1BFY21FY22: $32.3BFY22FY23: $36BFY23FY24: $36.2BFY24FY25: $37.2BFY25$37.2B
Show the numbers
Revenue by year
FY16$21.3B
FY17$22.4B
FY18$24.7B
FY19$26.5B
FY20$23.5B
FY21$29.1B
FY22$32.3B
FY23$36B
FY24$36.2B
FY25$37.2B
Revenue by quarter calendar quarter the period ended in
Q4 23: $9.37BQ4 23: $9.43BQ4 23Q1 24: $8.56BQ2 24: $9.11BQ2 24Q3 24: $9.07BQ4 24: $9.40BQ4 24Q1 25: $8.76BQ2 25: $9.46BQ2 25Q3 25: $9.57BQ4 25: $9.92BQ4 25Q1 26: $9.53BQ2 26: $9.32BQ2 26$9.32B
Show the numbers
Revenue by quarter
Q4 23$9.37B
Q4 23$9.43B
Q1 24$8.56B
Q2 24$9.11B
Q3 24$9.07B
Q4 24$9.40B
Q1 25$8.76B
Q2 25$9.46B
Q3 25$9.57B
Q4 25$9.92B
Q1 26$9.53B
Q2 26$9.32B
Operating income (loss) by year profit from the business before interest and taxes
FY16: $4.17BFY16FY17: $4.13BFY17FY18: $3.88BFY18FY19: $4.08BFY19FY20: $1.56BFY20FY21: $4.87BFY21FY22: $4.62BFY22FY23: $5.87BFY23FY24: $5.41BFY24FY25: $2.94BFY25$2.94B
Show the numbers
Operating income (loss) by year
FY16$4.17B
FY17$4.13B
FY18$3.88B
FY19$4.08B
FY20$1.56B
FY21$4.87B
FY22$4.62B
FY23$5.87B
FY24$5.41B
FY25$2.94B
Free cash flow by year cash from operations minus spending on buildings and equipment
FY16: $3.26BFY16FY17: $2.73BFY17FY18: $9.96BFY18FY19: $3.24BFY19FY20: $114MFY20FY21: $4.52BFY21FY22: $2.56BFY22FY23: $3.68BFY23FY24: $3.32BFY24FY25: $2.44BFY25$2.44B
Show the numbers
Free cash flow by year
FY16$3.26B
FY17$2.73B
FY18$9.96B
FY19$3.24B
FY20$114M
FY21$4.52B
FY22$2.56B
FY23$3.68B
FY24$3.32B
FY25$2.44B
Cash vs. debt

Cash and short-term investmentsDebt

FY16 · Cash and short-term investments: $2.26BFY16 · Debt: $3.59BFY16FY17 · Cash and short-term investments: $2.69BFY17 · Debt: $3.93BFY17FY18 · Cash and short-term investments: $8.94BFY18 · Debt: $9.44BFY18FY19 · Cash and short-term investments: $2.76BFY19 · Debt: $11.2BFY19FY20 · Cash and short-term investments: $4.63BFY20 · Debt: $15.9BFY20FY21 · Cash and short-term investments: $6.62BFY21 · Debt: $14.6BFY21FY22 · Cash and short-term investments: $3.18BFY22 · Debt: $14.9BFY22FY23 · Cash and short-term investments: $3.95BFY23 · Debt: $15.4BFY23FY24 · Cash and short-term investments: $3.54BFY24 · Debt: $15.6BFY24FY25 · Cash and short-term investments: $3.47BFY25 · Debt: $16.1BFY25
Show the numbers
Cash and short-term investmentsDebt
FY16$2.26B$3.59B
FY17$2.69B$3.93B
FY18$8.94B$9.44B
FY19$2.76B$11.2B
FY20$4.63B$15.9B
FY21$6.62B$14.6B
FY22$3.18B$14.9B
FY23$3.95B$15.4B
FY24$3.54B$15.6B
FY25$3.47B$16.1B
How it makes money: Q3 2026 revenue by business segment; the thin line is a year earlier
  • North America$7.40B 79% +7% vs. a year ago
  • International$1.32B 14% -34% vs. a year ago
  • Channel Development$588M 6% +22% vs. a year ago
  • Corporate and Other$17.1M 0% -50% vs. a year ago

From the 10-Q filed Jul 29, 2026. Source.

Stock pay vs. buybacks

Stock-based pay to employeesSpent buying back shares

FY20 · Stock-based pay to employees: $249MFY20 · Spent buying back shares: $1.70BFY20FY21 · Stock-based pay to employees: $319MFY21 · Spent buying back shares: $0FY21FY22 · Stock-based pay to employees: $272MFY22 · Spent buying back shares: $4.01BFY22FY23 · Stock-based pay to employees: $303MFY23 · Spent buying back shares: $984MFY23FY24 · Stock-based pay to employees: $308MFY24 · Spent buying back shares: $1.27BFY24FY25 · Stock-based pay to employees: $318MFY25 · Spent buying back shares: $0FY25
Show the numbers
Stock-based pay to employeesSpent buying back shares
FY20$249M$1.70B
FY21$319M$0
FY22$272M$4.01B
FY23$303M$984M
FY24$308M$1.27B
FY25$318M$0

If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.

Compare SBUX with other stocks →

From the company's own SEC filings via SEC EDGAR, latest period ended Jun 28, 2026. Numbers can be restated later. Not investment advice.

Dilution

Shares outstanding adjusted for the
Nov 2022: 1.1BJan 2023: 1.1BJan 2023Apr 2023: 1.1BJul 2023: 1.1BJul 2023Nov 2023: 1.1BJan 2024: 1.1BJan 2024Apr 2024: 1.1BJul 2024: 1.1BJul 2024Nov 2024: 1.1BJan 2025: 1.1BJan 2025Apr 2025: 1.1BJul 2025: 1.1BJul 2025Nov 2025: 1.1BJan 2026: 1.1BJan 2026Apr 2026: 1.1BJul 2026: 1.1BJul 20261.1B
Show the numbers
Shares outstanding
Nov 20221.1B
Jan 20231.1B
Apr 20231.1B
Jul 20231.1B
Nov 20231.1B
Jan 20241.1B
Apr 20241.1B
Jul 20241.1B
Nov 20241.1B
Jan 20251.1B
Apr 20251.1B
Jul 20251.1B
Nov 20251.1B
Jan 20261.1B
Apr 20261.1B
Jul 20261.1B

The share count is up +0.3% in a year, so each share is a slightly smaller slice of the company. What dilution means.

Insider trades

Insider buys, 12 months1$995K
Insider sales, 12 months14$2.24M, 14 planned in advance

Bought or sold on the open market

DateWhoWhatSharesValueFiling
Oct 20, 2026Brady Brewer
ceo, International
Sold on the market (planned)588$58.8KForm 4
Oct 5, 2026Brady Brewer
ceo, International
Sold on the market (planned)1.6K$156KForm 4
Sep 4, 2026Brady Brewer
ceo, International
Sold on the market (planned)2.2K$235KForm 4
Aug 5, 2026Brady Brewer
ceo, International
Sold on the market (planned)2.2K$236KForm 4
Jul 6, 2026Brady Brewer
ceo, International
Sold on the market (planned)2.2K$232KForm 4
Jun 11, 2026Brady Brewer
ceo, International
Sold on the market (planned)588$58.8KForm 4
Jun 5, 2026Brady Brewer
ceo, International
Sold on the market (planned)1.6K$155KForm 4
May 5, 2026Brady Brewer
ceo, International
Sold on the market (planned)2.2K$234KForm 4
Apr 29, 2026Sara Kelly
evp, chief partner officer
Sold on the market (planned)2K$210KForm 4
Apr 17, 2026Brady Brewer
ceo, International
Sold on the market (planned)588$58.8KForm 4
Apr 6, 2026Brady Brewer
ceo, International
Sold on the market (planned)1.6K$148KForm 4
Mar 9, 2026Brady Brewer
ceo, International
Sold on the market (planned)588$58.8KForm 4
Mar 5, 2026Sara Kelly
evp, chief partner officer
Sold on the market (planned)2.5K$243KForm 4
Mar 5, 2026Brady Brewer
ceo, International
Sold on the market (planned)1.6K$159KForm 4
Nov 10, 2025Jorgen Vig Knudstorp
Director
Bought on the market11.7K$995KForm 4
Everything else: grants, option exercises, tax withholding (34)
DateWhoWhatSharesValueFiling
Sep 15, 2026Sara Kelly
evp, chief partner officer
Shares withheld for taxes1.5K$140KForm 4
Sep 9, 2026Brian R Niccol
chairman and ceo, Director
Shares withheld for taxes56.3K$5.63MForm 4
Jun 15, 2026Sara Kelly
evp, chief partner officer
Shares withheld for taxes316$32.1KForm 4
Mar 25, 2026Wei Zhang
Director
Grant or award3.7Kn/aForm 4
Mar 25, 2026G Michael Sievert
Director
Grant or award3.7Kn/aForm 4
Mar 25, 2026Daniel Servitje
Director
Grant or award3.7Kn/aForm 4
Mar 25, 2026Dambisa F Moyo
Director
Grant or award2.3Kn/aForm 4
Mar 25, 2026Neal Mohan
Director
Grant or award3.7Kn/aForm 4
Mar 25, 2026Marissa A Mayer
Director
Grant or award3.7Kn/aForm 4
Mar 25, 2026Jorgen Vig Knudstorp
Director
Grant or award4.7Kn/aForm 4
Mar 25, 2026Beth Ford
Director
Grant or award3.9Kn/aForm 4
Mar 25, 2026Andrew Campion
Director
Grant or award4.1Kn/aForm 4
Mar 25, 2026Richard E JR Allison
Director
Grant or award4Kn/aForm 4
Mar 24, 2026Cathy R Smith
evp, cfo
Shares withheld for taxes2.2K$205KForm 4
Mar 23, 2026Jorgen Vig Knudstorp
Director
Shares withheld for taxes355$33.3KForm 4
Mar 17, 2026Michael David Grams
evp, chief operating officer
Shares withheld for taxes989$96.5KForm 4
Nov 19, 2025Brian R Niccol
chairman and ceo, Director
Shares withheld for taxes11.8K$989KForm 4
Nov 19, 2025Brady Brewer
ceo, International
Shares withheld for taxes1.4K$119KForm 4
Nov 19, 2025Cathy R Smith
evp, cfo
Shares withheld for taxes1.9K$159KForm 4
Nov 19, 2025Sara Kelly
evp, chief partner officer
Shares withheld for taxes1K$85.4KForm 4
Nov 18, 2025Brady Brewer
ceo, International
Shares withheld for taxes4.4K$368KForm 4
Nov 18, 2025Sara Kelly
evp, chief partner officer
Shares withheld for taxes2K$170KForm 4
Nov 14, 2025Bradley E Lerman
evp, chief legal officer
Shares withheld for taxes864$73.3KForm 4
Nov 14, 2025Sara Kelly
evp, chief partner officer
Shares withheld for taxes603$51.1KForm 4
Nov 14, 2025Brady Brewer
ceo, International
Shares withheld for taxes1.2K$102KForm 4
Nov 11, 2025Pilar Ramos
evp, chief legal officer
Grant or award16.2Kn/aForm 4
Nov 11, 2025Michael David Grams
evp, chief operating officer
Grant or award18.5Kn/aForm 4
Nov 11, 2025Cathy R Smith
evp, cfo
Grant or award20.8Kn/aForm 4
Nov 11, 2025Brian R Niccol
chairman and ceo, Director
Grant or award106Kn/aForm 4
Nov 11, 2025Bradley E Lerman
evp, chief legal officer
Grant or award5.4Kn/aForm 4
Nov 11, 2025Sara Kelly
evp, chief partner officer
Grant or award
2 trades that day
18.9Kn/aForm 4
Nov 11, 2025Brady Brewer
ceo, International
Grant or award
2 trades that day
24.2Kn/aForm 4
Nov 10, 2025Sara Kelly
evp, chief partner officer
Shares withheld for taxes60$5.09KForm 4
Nov 10, 2025Brady Brewer
ceo, International
Shares withheld for taxes825$69.8KForm 4

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

InvestorQuarterSharesValueShare of fundChange
Ray Dalio (founder) (Bridgewater Associates)Q2 2666.5K$6.79M<0.1%Added (+1%)

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

Failed trades (fails to deliver) shares that weren't delivered on time when a trade settled
Jun 3: 43.3KJun 4: 2.1KJun 9: 127Jun 10: 445Jun 10Jun 11: 1.3KJun 12: 274KJun 15: 3.1KJun 16: 884Jun 16Jun 22: 634Jun 26: 1.2KJun 29: 751Jun 30: 803KJun 30Jul 1: 791KJul 2: 14.2KJul 6: 14.2KJul 8: 7.2KJul 8Jul 10: 95Jul 13: 200Jul 14: 498Jul 17: 2.6KJul 17Jul 20: 200Jul 27: 67.9KJul 30: 1.5KAug 5: 45Aug 5Aug 11: 41Aug 12: 116KAug 14: 1.1KAug 21: 135KAug 21Aug 24: 1Aug 31: 300Sep 2: 3.4KSep 4: 3.9KSep 4Sep 8: 95Sep 21: 3.4KSep 24: 247Sep 30: 1Sep 30Oct 6: 11Oct 7: 20Oct 8: 70Oct 14: 5Oct 145
Show the numbers
Failed trades (fails to deliver)
Jun 343.3K
Jun 42.1K
Jun 9127
Jun 10445
Jun 111.3K
Jun 12274K
Jun 153.1K
Jun 16884
Jun 22634
Jun 261.2K
Jun 29751
Jun 30803K
Jul 1791K
Jul 214.2K
Jul 614.2K
Jul 87.2K
Jul 1095
Jul 13200
Jul 14498
Jul 172.6K
Jul 20200
Jul 2767.9K
Jul 301.5K
Aug 545
Aug 1141
Aug 12116K
Aug 141.1K
Aug 21135K
Aug 241
Aug 31300
Sep 23.4K
Sep 43.9K
Sep 895
Sep 213.4K
Sep 24247
Sep 301
Oct 611
Oct 720
Oct 870
Oct 145

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

What changed in the latest annual report

Comparing the risk factors in the 10-K filed Nov 14, 2025 with the one filed Nov 20, 2024: 1 new and 2 removed, out of 29.

New this year

  • We are subject to risks from changes to the trade policies and tariff and import/export regulations by the U.S. and other foreign governments.
Dropped from last year (2)
  • Our investments to transform and enhance the customer experience, including through technology, may not generate the expected results.
  • Economic conditions in the U.S. and international markets have adversely affected, and could continue to adversely affect, our business and financial results.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside Starbucks's filings

Opens the SEC's own full-text search in a new tab, limited to SBUX. Every SBUX filing on EDGAR.