Filing Flows › Starbucks (SBUX) › Q4 FY26
Starbucks (SBUX) Q4 FY26 earnings results (fourth quarter fiscal 2026)
8-K filed Oct 29, 2026
Starbucks (SBUX) reported revenue of $9.1B for the fourth quarter fiscal 2026 (Q4 FY26), -4% from a year earlier and -2% from the quarter before. Operating margin was 10.8%, net earnings $677M (7.4% of revenue).
Starbucks, Q4 FY26: revenue $9.1B (-4% year over year), operating margin 10.8%, net earnings $677M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.1B | -2% | -4% |
| Operating profit | $992M | +1% | +257% |
| Net earnings | $677M | -35% | +408% |
| Operating cash flow | $1.4B | -16% | +0.2% |
| Free cash flow | $1.0B | -25% | +9% |
What changed
Revenue was $9.1B in Q4 FY26, down 4% year over year and down 2% from the previous quarter. Company-operated coffeehouses was the largest line at 81% of revenue. Company-operated coffeehouses lost $0.43B year over year (down 5%), 101% of the total change.
Operating profit was $1.0B, a 10.8% margin (up 7.9 points year over year). Total costs fell 12% while revenue fell 4%. Net earnings were $0.68B, up 408% year over year. The effective tax rate was 27.1%.
Operating cash flow was $1.4B (roughly flat year over year), 204% of net earnings. Non-cash charges added back $0.38B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items added $0.24B. Capital expenditures of $0.38B left free cash flow of $1.0B.
Questions
What was Starbucks' revenue in the fourth quarter fiscal 2026?
Starbucks (SBUX) reported revenue of $9.1B for the fourth quarter fiscal 2026 (Q4 FY26), -4% from a year earlier and -2% from the quarter before.
Was Starbucks profitable in the fourth quarter fiscal 2026?
Operating profit was $992M (10.8% of revenue) and net earnings $677M.
Source: Starbucks 8-K on SEC EDGAR.