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What changed in Starbucks Corporation's latest annual report

In the year ended 28 Sep 2025, Starbucks Corporation's revenue rose 2.8% to USD 37.18bn, from USD 36.18bn; net income fell 50.6% to USD 1.86bn, from USD 3.76bn; total liabilities rose 3.4% to USD 40.11bn, from USD 38.78bn.

Year ended 28 Sep 2025. Source: 10-K filed 14 Nov 2025, read it on SEC EDGAR.

USD 36.18bn to USD 37.18bn

Revenue, up 2.8% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue36.18bn37.18bnUp 2.8%
Net income3.76bn1.86bnDown 50.6%
Total assets31.34bn32.02bnUp 2.2%
Total liabilities38.78bn40.11bnUp 3.4%
Long-term debt14.32bn14.58bnUp 1.8%
Shareholders' equity-7.45bn-8.10bnNot comparable

Questions people ask

Did Starbucks Corporation's revenue grow last year?

Revenue grew 2.8%, from USD 36.18bn to USD 37.18bn in the year ended 28 Sep 2025.

Is Starbucks Corporation profitable?

Yes. Net income was USD 1.86bn in the year ended 28 Sep 2025. The year before: USD 3.76bn.

How much cash and debt does Starbucks Corporation have?

At its latest year end (28 Sep 2025), Starbucks Corporation reported long-term debt of USD 14.58bn.

Where do these numbers come from?

From Starbucks Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Starbucks Corporation (SBUX) 10-K: what changed year on year | LYNORIQ Insights