A new SEC filing for Starbucks Corp. (SBUX) triggered this report, reflecting updated financial disclosures as of 28 June 2026. The filing captured trailing twelve-month data through the end of the third fiscal quarter. No additional briefing announcements beyond the prior quarterly update were available within the context provided for this generation date [Brief - 2026-07-30].
Starbucks reported trailing twelve-month revenue of $38.34 billion, reflecting a year-over-year decline of 1.41%. Net income over the same period was $1.98 billion, with a net margin of 5.17% and an operating margin of 7.77%. EPS grew 85.71% year-over-year on a TTM basis. The company held $3.45 billion in cash against total debt of $13.28 billion. The market capitalisation stood at approximately $122.43 billion, with a P/E ratio of 62.25 [SEC 10-Q - SBUX - 2026-06-28].
One insider transaction was recorded in the past 30 days, representing a net disposition with a value of approximately $236,252 [SEC Form 4 - SBUX - 2026-08]. At the institutional level, four notable managers opened new positions in SBUX during the most recent reporting period: Citadel, Millennium, AQR Capital, and Bridgewater each initiated a new holding, representing material changes in the institutional ownership profile [SEC 13F - Citadel - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].
The prevailing macro environment reflects a normal yield curve, with the 10-year US Treasury yield at 4.63% and the 2-year yield at 4.15% [FRED DGS10] [FRED DGS2]. This configuration marks a positive spread of 48 basis points between the two tenors. The simultaneous opening of new positions by multiple large institutional managers constituted the primary trigger for this report.