Stocks·NASDAQ:SBUX
Starbucks (SBUX)
My take
No average analyst target in this video.
Every video where I mention SBUX
- Starbucks Stock Analysis (SBUX)- Is Starbucks Stock a Buy in 2020? May 25, 2020
Starbucks stock analysis Starbucks has conditioned millions of people around…
The last 12 months
- Oct 29, 20268-KReleased quarterly results
- Sep 24, 20268-KRestructuring or layoff costs; Shared information with investors
- Jul 29, 202610-QQuarterly report
- Jul 29, 20268-KReleased quarterly results
- Jun 12, 20268-KExecutive or board change
- May 20, 20268-KOther news
- May 15, 20268-KRestructuring or layoff costs
- Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 28, 202610-QQuarterly report
- Apr 28, 20268-KReleased quarterly results
- Mar 30, 20268-KShareholder vote results
- Jan 28, 202610-QQuarterly report
- Jan 28, 20268-KReleased quarterly results
- Nov 17, 20258-K/AExecutive or board change
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 |
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 |
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 |
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 and short-term investmentsDebt
Show the numbers
| Cash and short-term investments | Debt | |
|---|---|---|
| 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 |
From the 10-Q filed Jul 29, 2026. Source.
Stock-based pay to employeesSpent buying back shares
Show the numbers
| Stock-based pay to employees | Spent 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
Show the numbers
| Shares outstanding | |
|---|---|
| Nov 2022 | 1.1B |
| Jan 2023 | 1.1B |
| Apr 2023 | 1.1B |
| Jul 2023 | 1.1B |
| Nov 2023 | 1.1B |
| Jan 2024 | 1.1B |
| Apr 2024 | 1.1B |
| Jul 2024 | 1.1B |
| Nov 2024 | 1.1B |
| Jan 2025 | 1.1B |
| Apr 2025 | 1.1B |
| Jul 2025 | 1.1B |
| Nov 2025 | 1.1B |
| Jan 2026 | 1.1B |
| Apr 2026 | 1.1B |
| Jul 2026 | 1.1B |
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
Bought or sold on the open market
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Oct 20, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 588 | $58.8K | Form 4 |
| Oct 5, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 1.6K | $156K | Form 4 |
| Sep 4, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 2.2K | $235K | Form 4 |
| Aug 5, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 2.2K | $236K | Form 4 |
| Jul 6, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 2.2K | $232K | Form 4 |
| Jun 11, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 588 | $58.8K | Form 4 |
| Jun 5, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 1.6K | $155K | Form 4 |
| May 5, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 2.2K | $234K | Form 4 |
| Apr 29, 2026 | Sara Kelly evp, chief partner officer | Sold on the market (planned) | 2K | $210K | Form 4 |
| Apr 17, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 588 | $58.8K | Form 4 |
| Apr 6, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 1.6K | $148K | Form 4 |
| Mar 9, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 588 | $58.8K | Form 4 |
| Mar 5, 2026 | Sara Kelly evp, chief partner officer | Sold on the market (planned) | 2.5K | $243K | Form 4 |
| Mar 5, 2026 | Brady Brewer ceo, International | Sold on the market (planned) | 1.6K | $159K | Form 4 |
| Nov 10, 2025 | Jorgen Vig Knudstorp Director | Bought on the market | 11.7K | $995K | Form 4 |
Everything else: grants, option exercises, tax withholding (34)
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Sep 15, 2026 | Sara Kelly evp, chief partner officer | Shares withheld for taxes | 1.5K | $140K | Form 4 |
| Sep 9, 2026 | Brian R Niccol chairman and ceo, Director | Shares withheld for taxes | 56.3K | $5.63M | Form 4 |
| Jun 15, 2026 | Sara Kelly evp, chief partner officer | Shares withheld for taxes | 316 | $32.1K | Form 4 |
| Mar 25, 2026 | Wei Zhang Director | Grant or award | 3.7K | n/a | Form 4 |
| Mar 25, 2026 | G Michael Sievert Director | Grant or award | 3.7K | n/a | Form 4 |
| Mar 25, 2026 | Daniel Servitje Director | Grant or award | 3.7K | n/a | Form 4 |
| Mar 25, 2026 | Dambisa F Moyo Director | Grant or award | 2.3K | n/a | Form 4 |
| Mar 25, 2026 | Neal Mohan Director | Grant or award | 3.7K | n/a | Form 4 |
| Mar 25, 2026 | Marissa A Mayer Director | Grant or award | 3.7K | n/a | Form 4 |
| Mar 25, 2026 | Jorgen Vig Knudstorp Director | Grant or award | 4.7K | n/a | Form 4 |
| Mar 25, 2026 | Beth Ford Director | Grant or award | 3.9K | n/a | Form 4 |
| Mar 25, 2026 | Andrew Campion Director | Grant or award | 4.1K | n/a | Form 4 |
| Mar 25, 2026 | Richard E JR Allison Director | Grant or award | 4K | n/a | Form 4 |
| Mar 24, 2026 | Cathy R Smith evp, cfo | Shares withheld for taxes | 2.2K | $205K | Form 4 |
| Mar 23, 2026 | Jorgen Vig Knudstorp Director | Shares withheld for taxes | 355 | $33.3K | Form 4 |
| Mar 17, 2026 | Michael David Grams evp, chief operating officer | Shares withheld for taxes | 989 | $96.5K | Form 4 |
| Nov 19, 2025 | Brian R Niccol chairman and ceo, Director | Shares withheld for taxes | 11.8K | $989K | Form 4 |
| Nov 19, 2025 | Brady Brewer ceo, International | Shares withheld for taxes | 1.4K | $119K | Form 4 |
| Nov 19, 2025 | Cathy R Smith evp, cfo | Shares withheld for taxes | 1.9K | $159K | Form 4 |
| Nov 19, 2025 | Sara Kelly evp, chief partner officer | Shares withheld for taxes | 1K | $85.4K | Form 4 |
| Nov 18, 2025 | Brady Brewer ceo, International | Shares withheld for taxes | 4.4K | $368K | Form 4 |
| Nov 18, 2025 | Sara Kelly evp, chief partner officer | Shares withheld for taxes | 2K | $170K | Form 4 |
| Nov 14, 2025 | Bradley E Lerman evp, chief legal officer | Shares withheld for taxes | 864 | $73.3K | Form 4 |
| Nov 14, 2025 | Sara Kelly evp, chief partner officer | Shares withheld for taxes | 603 | $51.1K | Form 4 |
| Nov 14, 2025 | Brady Brewer ceo, International | Shares withheld for taxes | 1.2K | $102K | Form 4 |
| Nov 11, 2025 | Pilar Ramos evp, chief legal officer | Grant or award | 16.2K | n/a | Form 4 |
| Nov 11, 2025 | Michael David Grams evp, chief operating officer | Grant or award | 18.5K | n/a | Form 4 |
| Nov 11, 2025 | Cathy R Smith evp, cfo | Grant or award | 20.8K | n/a | Form 4 |
| Nov 11, 2025 | Brian R Niccol chairman and ceo, Director | Grant or award | 106K | n/a | Form 4 |
| Nov 11, 2025 | Bradley E Lerman evp, chief legal officer | Grant or award | 5.4K | n/a | Form 4 |
| Nov 11, 2025 | Sara Kelly evp, chief partner officer | Grant or award 2 trades that day | 18.9K | n/a | Form 4 |
| Nov 11, 2025 | Brady Brewer ceo, International | Grant or award 2 trades that day | 24.2K | n/a | Form 4 |
| Nov 10, 2025 | Sara Kelly evp, chief partner officer | Shares withheld for taxes | 60 | $5.09K | Form 4 |
| Nov 10, 2025 | Brady Brewer ceo, International | Shares withheld for taxes | 825 | $69.8K | Form 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
| Investor | Quarter | Shares | Value | Share of fund | Change |
|---|---|---|---|---|---|
| Ray Dalio (founder) (Bridgewater Associates) | Q2 26 | 66.5K | $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
Show the numbers
| Failed trades (fails to deliver) | |
|---|---|
| Jun 3 | 43.3K |
| Jun 4 | 2.1K |
| Jun 9 | 127 |
| Jun 10 | 445 |
| Jun 11 | 1.3K |
| Jun 12 | 274K |
| Jun 15 | 3.1K |
| Jun 16 | 884 |
| Jun 22 | 634 |
| Jun 26 | 1.2K |
| Jun 29 | 751 |
| Jun 30 | 803K |
| Jul 1 | 791K |
| Jul 2 | 14.2K |
| Jul 6 | 14.2K |
| Jul 8 | 7.2K |
| Jul 10 | 95 |
| Jul 13 | 200 |
| Jul 14 | 498 |
| Jul 17 | 2.6K |
| Jul 20 | 200 |
| Jul 27 | 67.9K |
| Jul 30 | 1.5K |
| Aug 5 | 45 |
| Aug 11 | 41 |
| Aug 12 | 116K |
| Aug 14 | 1.1K |
| Aug 21 | 135K |
| Aug 24 | 1 |
| Aug 31 | 300 |
| Sep 2 | 3.4K |
| Sep 4 | 3.9K |
| Sep 8 | 95 |
| Sep 21 | 3.4K |
| Sep 24 | 247 |
| Sep 30 | 1 |
| Oct 6 | 11 |
| Oct 7 | 20 |
| Oct 8 | 70 |
| Oct 14 | 5 |
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.
- Oct 29, 20268-KReleased quarterly results
- Sep 24, 20268-KRestructuring or layoff costs; Shared information with investors
- Jul 29, 20268-KReleased quarterly results
- Jun 12, 20268-KExecutive or board change
- May 20, 20268-KOther news
- May 15, 20268-KRestructuring or layoff costs
- Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 28, 20268-KReleased quarterly results
- Apr 2, 20268-KShared information with investors
- Mar 30, 20268-KShareholder vote results
- Jan 28, 20268-KReleased quarterly results
- Nov 17, 20258-K/AExecutive or board change
- Nov 3, 20258-KShared information with investors
- Oct 29, 20258-KReleased quarterly results
- Sep 25, 20258-KRestructuring or layoff costs; Shared information with investors
- Aug 13, 2025SCHEDULE 13GAn investor reported a 5%+ stake
- Jul 29, 20258-KReleased quarterly results
- Jul 2, 20258-KExecutive or board change
- Jun 30, 20258-KChanged its bylaws or fiscal year
- Jun 26, 20258-KExecutive or board change
- Jun 16, 20258-KSigned a major agreement; Ended a major agreement; Took on new debt
- Jun 4, 20258-KExecutive or board change; Shared information with investors
- May 13, 2025SCHEDULE 13GAn investor reported a 5%+ stake
- May 8, 20258-KOther news
- Apr 29, 20258-KReleased quarterly results
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.