SBUXStarbucks Corporation

$114B

Q3 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$9.2B+12.5% YoY

Gross Profit

$2.6B28.4% margin

Operating Income

$1.6B17.3% margin

Net Income

$1.1B12.5% margin

EPS (Diluted)

$0.99

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$1.1B

Stock-Based Comp.

$69M

Balance Sheet

Total Assets

$28.7B

Total Liabilities

$37.1B

Stockholders' Equity

-$8.3B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.2B	$8.2B	+12.5%
Gross Profit	$2.6B	$2.2B	+16.7%
Operating Income	$1.6B	$1.3B	+22.3%
Net Income	$1.1B	$913M	+25.1%

Revenue Segments

Beverage Member

$5.6B61%

Other Products Member

$1.9B20%

Food Member

$1.7B19%

Geographic Segments

UNITED STATES

$6.7B77%

International Segment

$2.0B23%

SBUX Q3 2023 Earnings — Starbucks Corporation Revenue & Financial Results | Market Cap Arena