Starbucks Corp. (SBUX) Earnings Analysis

Starbucks Corp. (SBUX) beat expectations in Q2 FY2026 on revenue of $9.5B versus the $9.2B estimate (+8.8% YoY) and EPS of $0.50. The next Starbucks Corp. (SBUX) earnings date is Aug 4, 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 dateAug 4, 2026
Latest reported quarterQ2 FY2026
Earnings verdictBeat
EPS beat rate1 of last 8 (quarters above estimate)
Avg next-day move±3.8% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±7.2% (options-derived · into Aug 4, 2026)
Revenue$9.5B (vs $9.2B est · +4.0% surprise · +8.8% YoY)
EPS$0.50 (vs $0.43 est · +17.6% surprise · +32.4% YoY)
Share price$104.27 (+0.8%)
Market cap$118.8B

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

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$9.5B vs $9.2B est$0.50 vs $0.43 est+17.6%+7.8%Beat
Q1 2026$9.9B vs $9.7B est$0.56 vs $0.59 est-4.4%-1.9%Mixed
Q4 2025$9.6B vs $9.3B est$0.52 vs $0.56 est-6.5%-2.7%Mixed
Q3 2025$9.5B vs $9.3B est$0.50 vs $0.65 est-22.7%-1.0%Mixed
Q2 2025$8.8B vs $8.8B est$0.41 vs $0.49 est-15.6%-4.6%Mixed
Q1 2025$9.4B vs $9.3B est$0.69 vs $0.68 est+1.5%+8.6%In line
Q4 2024$9.1B vs $9.2B est$0.80 vs $1.03 est-22.3%+0.3%Mixed
Q3 2024$9.1B vs $9.2B est$0.93 vs $0.93 est+0.0%+3.7%In line

What you'll find

Frequently asked questions

When is Starbucks Corp.'s next earnings date?
Starbucks Corp.'s (SBUX) next scheduled earnings date is Aug 4, 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 Q2 FY2026, Starbucks Corp. (SBUX) posted beat results — revenue of $9.5B versus the $9.2B estimate (+4.0% surprise) and EPS of $0.50 versus $0.43 expected (+17.6% 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 1 time, most recently a beat result in Q2 2026. 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 ±3.8% the day after earnings — ranging from -4.6% (Q2 2025) to +8.6% (Q1 2025). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Aug 4, 2026, options-implied volatility is pricing in a move of roughly ±7.2% (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.
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 $104.27 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.