Revenue Growth Driven by Increased Sales
Starbucks achieved an 8.8% increase in revenue, reaching $9.53 billion, driven by higher sales volume and pricing strategies.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Starbucks reported strong financial performance in Q2 FY2026 with significant growth in revenue and net income, despite challenges in cash flow and equity position.
Revenue
$9.53B
+8.79% YoY
EPS (Diluted)
$0.45
+32.35% YoY
Operating Income
$828.1M
+37.79% YoY
Source: SEC XBRL
Starbucks (SBUX) reported Q2 FY2026 revenue of $9.53B, up 8.8% year over year. Operating margin was 8.7%, up 1.8 points from 6.9% a year earlier. SBUX's fiscal Q2 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 2 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.85 | 0.67 | Beat +26.1% |
| Mar 2026This filing | 0.50 | 0.44 | Beat +14.2% |
| Dec 2025 | 0.56 | 0.60 | Miss -6.3% |
| Sep 2025 | 0.52 | 0.57 | Miss -9.5% |
Adjusted (non-GAAP) EPS of $0.50 versus the $0.44 analyst consensus — a +14.2% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $0.45.
Compiled by AI from this SEC filing
Starbucks achieved an 8.8% increase in revenue, reaching $9.53 billion, driven by higher sales volume and pricing strategies.
Source: 10-Q Income Statement
Operating income rose by 37.8% to $828.1 million, reflecting enhanced operational efficiencies and cost management.
Source: 10-Q Income Statement
Operating cash flow decreased by 17% year-to-date, indicating potential challenges in cash management despite revenue growth.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 2 high, 1 medium, 0 low
Starbucks reported a negative stockholders' equity of $8.47 billion, which could affect its financial flexibility and investor perception.
Source: 10-Q Balance Sheet
A 17% decline in operating cash flow year-to-date could impact Starbucks' ability to fund operations and growth initiatives.
Source: 10-Q Cash Flow Statement
With a debt to equity ratio of -4.61, Starbucks faces significant leverage risk, which could affect its ability to secure favorable financing.
Source: 10-Q Key Ratios
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 9.53 $B | 8.76 $B | +8.79% |
Operating Income $M | 828.10 $M | 601.00 $M | +37.79% |
Net Income $M | 510.90 $M | 384.20 $M | +32.98% |
EPS (Basic) $ | 0.45 $ | 0.34 $ | +32.35% |
EPS (Diluted) $ | 0.45 $ | 0.34 $ | +32.35% |
Answers draw on this SEC filing and the data on this page
Starbucks' Q3 FY2026 results were dominated by the China joint venture closure, delivering a one-time gain and a shift to a higher-margin licensed model, while North America comparable sales grew 8.1%.
Starbucks Q1 FY2026 saw revenue grow 5.5% YoY to $9.9B, but net income collapsed 62.4% to $293.3M as operating margin compressed sharply to 9.0%, reflecting significant cost pressures and restructuring headwinds under the company's turnaround effort.
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