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SBUXStarbucks

Consumer discretionary · Restaurants · Nasdaq

Starbucks is the premier roaster, marketer, and retailer of specialty coffee in the world, operating in 89 markets. 10-K, Item 1

Employees
381,000
Headquarters
Seattle, WA
CEO
Brian R. Niccol
Next results
around Jan 27, 2027
Compare with peers → Embed

Key numbers

Latest fiscal year, with ten years behind each

What changed

10-K filed Nov 14, 2025 against Nov 20, 2024
AreaWhat changedSource
Risk factors58 new paragraphs, nothing like them in the previous 10-K10-K Item 1A
Inventory growing faster than revenueInventory +23.0% vs revenue +2.8% (+20.2 pts)10-K · XBRL
Accounting checks10 other checks clear, 1 worth a look10-K · XBRL
InsidersNo open-market buys in the last 90 daysForm 4
Filings1 in the last 30 daysEDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Nov 14, 2025

Paragraphs in Risk Factors that were not in the 10-K filed 2024-11-20. Quoted as filed.

  1. Various factors, events, or conditions may result in a diminution or erosion of trust in our brand value. Adverse developments pertaining to the matters discussed elsewhere in this risk factors section may negatively impact the value of our brands. Such developments may include difficulties executing strategic initiatives, adapting to…
    10-K, Item 1A
All 58 new paragraphs →

Accounting checks

latest 10-K

10 of 11 clear 1 worth a look. Checks, not verdicts.

  • !
    Inventory growing faster than revenueInventory +23.0% vs revenue +2.8% (+20.2 pts)
  • ✓
    Receivables +5.2% vs revenue +2.8% (+2.5 pts)
  • ✓
    Cash from operations $4.7B vs net income $1.9B (FY ending 2025-09-28)
  • ✓
    Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
  • ✓
    No statement of substantial doubt about going concern
  • ✓
    No 8-K item 4.02 in the last 2 years
  • ✓
    No NT 10-K or NT 10-Q in the last 2 years
  • ✓
    The same matters as last year: Goodwill Impairment Assessments for China Reporting Unit
  • ✓
    No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • ✓
    No 8-K item 2.06 in the last 2 years
  • ✓
    No 8-K item 1.03 in the last 2 years
How each check works, with sources →

In the last 30 days

All filings →

About Starbucks

10-K, Nov 14, 2025

Starbucks is the premier roaster, marketer, and retailer of specialty coffee in the world, operating in 89 markets. Formed in 1985, Starbucks Corporation’s common stock trades on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “SBUX.” We purchase and roast high-quality coffees that we sell, along with handcrafted coffee, tea, and other beverages and a variety of high-quality food items through company-operated stores (“stores” or “coffeehouses”). We also sell a variety of coffee and tea products and license our trademarks through other channels, such as licensed stores as well as grocery and foodservice through our Global Coffee Alliance with Nestlé S.A. (“Nestlé”).

Headquarters
Seattle, WA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
September 28
Last results
Oct 29, 2026
Incorporated in
WA

Employees, at the top of the page: "As of September 28, 2025, Starbucks employed approximately 381,000 people worldwide" (10-K). Address and exchange: SEC's company file.

Permanent link, kept if the ticker changes: /c/sec:0000829224 (SEC's CIK).

Work on SBUX in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/SBUX/export.csv") into a cell.