SBUX Q2 2023 Earnings — Starbucks Corporation Revenue & Financial Results | Market Cap Arena

SBUXStarbucks Corporation

$114B

Q2 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$8.7B+14.2% YoY

Gross Profit

$2.3B26.2% margin

Operating Income

$1.3B15.2% margin

Net Income

$908M10.4% margin

EPS (Diluted)

$0.79

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$768M

Free Cash Flow

$282M

Stock-Based Comp.

$74M

Balance Sheet

Total Assets

$28.6B

Total Liabilities

$37.1B

Stockholders' Equity

-$8.5B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.7B	$7.6B	+14.2%
Gross Profit	$2.3B	$1.9B	+23.0%
Operating Income	$1.3B	$949M	+39.9%
Net Income	$908M	$675M	+34.7%

Revenue Segments

Beverage Member

$5.2B60%

Other Products Member

$1.9B22%

Food Member

$1.6B18%

Geographic Segments

UNITED STATES

$6.4B77%

International Segment

$1.9B23%