Starbucks Corp. (SBUX) Earnings Analysis

Starbucks Corp. (SBUX) delivered mixed results in Q3 FY2026 on revenue of $9.3B versus the $9.2B estimate (-1.4% YoY) and EPS of $0.85. The next Starbucks Corp. (SBUX) earnings date is Oct 28, 2026. Below is the full Starbucks Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Starbucks Corp. (SBUX) Earnings Analysis — key stats

Next earnings dateOct 28, 2026
Latest reported quarterQ3 FY2026
Earnings verdictMixed
EPS beat rate2 of last 8 (quarters above estimate)
Avg next-day move±3.7% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±9.2% (options-derived · into Oct 28, 2026)
Institutional ownership102.0% (13F as of 2026-06-30)
Top 10 holders48.4% (of shares outstanding)
Insider activity2 buys / 9 sells (recent Form 4 filings)
Revenue$9.3B (vs $9.2B est · +1.6% surprise · -1.4% YoY)
EPS$0.85 (vs $0.66 est · +28.8% surprise · +85.7% YoY)
Share price$107.49 (+0.4%)
Market cap$122.5B

Starbucks Corp. (SBUX) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q4 FY2026$9.3B vs $9.2B est$0.85 vs $0.66 est+28.8%+2.7%Mixed
Q3 FY2026$9.5B vs $9.2B est$0.50 vs $0.43 est+17.6%+7.8%Beat
Q2 FY2026$9.9B vs $9.7B est$0.56 vs $0.59 est-4.4%-1.9%Mixed
Q1 FY2026$9.6B vs $9.3B est$0.52 vs $0.56 est-6.5%-2.7%Mixed
Q4 FY2025$9.5B vs $9.3B est$0.50 vs $0.65 est-22.7%-1.0%Mixed
Q3 FY2025$8.8B vs $8.8B est$0.41 vs $0.49 est-15.6%-4.6%Mixed
Q2 FY2025$9.4B vs $9.3B est$0.69 vs $0.68 est+1.5%+8.6%In line
Q1 FY2025$9.1B vs $9.2B est$0.80 vs $1.03 est-22.3%+0.3%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Capital Research Global Investors9.6%109.6M$11.2B+7.1%
Capital World Investors8.0%91.5M$9.3B-11.5%
Blackrock, INC.7.3%83.2M$8.5B+4.6%
Vanguard Capital Management LLC6.5%74.4M$7.6B+0.5%
State Street Corp4.3%49.3M$5.0B+3.2%
Invesco Ltd.3.4%38.5M$3.9B+61.0%
Vanguard Portfolio Management LLC2.6%30.1M$3.1B+2.2%
Geode Capital Management, LLC2.5%28.6M$2.9B+2.0%
Fmr LLC2.3%26.3M$2.7B+2.1%
Morgan Stanley1.7%19.9M$2.0B-19.8%

Recent insider transactions

InsiderRoleDateTypeSharesValue
BREWER BRADYofficer: ceo, International2026-08-05Sell2K$236252
BREWER BRADYofficer: ceo, International2026-07-06Sell2K$231816
Bauduin Valofficer: svp, corp fin and dev2026-06-11Other0—
KELLY SARAofficer: evp, chief partner officer2026-06-15Sell316$32084
BREWER BRADYofficer: ceo, International2026-06-11Sell588$58800
BREWER BRADYofficer: ceo, International2026-06-05Sell2K$154796
BREWER BRADYofficer: ceo, International2026-05-05Sell2K$233621
KELLY SARAofficer: evp, chief partner officer2026-04-29Sell2K$210000

What you'll find

Frequently asked questions

When is Starbucks Corp.'s next earnings date?
Starbucks Corp.'s (SBUX) next scheduled earnings date is Oct 28, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Starbucks Corp. (SBUX) beat or miss earnings?
In Q3 FY2026, Starbucks Corp. (SBUX) posted mixed results — revenue of $9.3B versus the $9.2B estimate (+1.6% surprise) and EPS of $0.85 versus $0.66 expected (+28.8% surprise). Magnisto decodes every Starbucks Corp. (SBUX) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Starbucks Corp. beat earnings estimates?
Over its last 8 reported quarters, Starbucks Corp. (SBUX) beat Wall Street EPS estimates 2 times, most recently a mixed result in Q4 FY2026. Magnisto tracks every Starbucks Corp. (SBUX) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Starbucks Corp. stock move after earnings?
Over its last 8 quarterly reports, Starbucks Corp. (SBUX) moved an average of ±3.7% the day after earnings — ranging from -4.6% (Q3 FY2025) to +8.6% (Q2 FY2025). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Oct 28, 2026, options-implied volatility is pricing in a move of roughly ±9.2% (derived). Magnisto tracks the realized post-earnings move for every Starbucks Corp. (SBUX) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Starbucks Corp.?
Institutions hold about 102.0% of Starbucks Corp.'s (SBUX) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Capital Research Global Investors (9.6%), Capital World Investors (8.0%), Blackrock, INC. (7.3%). Magnisto lists Starbucks Corp.'s (SBUX) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Starbucks Corp. (SBUX)?
In the most recent Form 4 filings Magnisto tracks, Starbucks Corp. (SBUX) insiders recorded 2 purchases and 9 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Starbucks Corp. (SBUX) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Starbucks Corp. (SBUX), anchored to the current $107.49 share price, so you can weigh the bull, base and bear cases for Starbucks Corp. side by side.
Is Starbucks Corp. (SBUX) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Starbucks Corp. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.