Business
Starbucks roasts, markets, and retails specialty coffee in 89 markets, with 21,514 company-operated stores and 19,476 licensed stores at FY2025 year-end.
Back to Starbucks is a real restructuring story: revenue rose, but margin and cash flow fell hard.
AnalystBook Intelligence · FY2025 10-K✓ Figures checked against SEC
- Growth — +3% revenue to $37.2BNote
- Profitability — $2.9B operating income; 7.9% marginWatch
- Cash quality — $2.4B FCF, down 26%Watch
- Balance sheet — Cash N/A; $16.1B long-term debtWatch
- Accounting — Formula-distress Z score · M-score no flag · clean auditWatch
- Reset — 627 company-operated store closures in Q4 FY2025Watch
In the full briefFree for 14 days
- ✦ What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- ✦ Company history🔒
- Plus the full company record: source-linked financials, forensic signals, filings diffed — and Ana to question all of it.🔒
Every figure in the brief links to the filing paragraph it came from, and a brief whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice. Based on the FY2025 10-K.