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Deferred Revenue (Tables) | 9 Months Ended
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Jun. 28, 2026
Deferred Revenue [Abstract] |
Changes in Deferred Revenue Balance Related to Stored Value Cards and Loyalty Program | Changes in our deferred revenue balance related to our stored value cards and loyalty program (in millions):
Quarter Ended June 28, 2026 | Total
Stored value cards and loyalty program at March 29, 2026 (2) | $ | 1,753.6 |
Revenue deferred - card activations, card reloads and Stars earned | 3,672.2 |
Revenue recognized - card and Stars redemptions and breakage | (3,678.9) |
Other (1) | (2.8) |
Stored value cards and loyalty program at June 28, 2026 (3) | $ | 1,744.1 |
Quarter Ended June 29, 2025 | Total
Stored value cards and loyalty program at March 30, 2025 | $ | 1,853.2 |
Revenue deferred - card activations, card reloads and Stars earned | 3,764.0 |
Revenue recognized - card and Stars redemptions and breakage | (3,788.2) |
Other (1) | 15.3 |
Stored value cards and loyalty program at June 29, 2025 (3) | $ | 1,844.3 |
Three Quarters Ended June 28, 2026 | Total
Stored value cards and loyalty program at September 28, 2025 | $ | 1,751.7 |
Revenue deferred - card activations, card reloads and Stars earned | 11,603.9 |
Revenue recognized - card and Stars redemptions and breakage | (11,403.3) |
Other(1) | (8.5) |
Divestiture (2) | (199.7) |
Stored value cards and loyalty program at June 28, 2026 (3) | $ | 1,744.1 |
Three Quarters Ended June 29, 2025 | Total
Stored value cards and loyalty program at September 29, 2024 | $ | 1,718.7 |
Revenue deferred - card activations, card reloads and Stars earned | 11,675.2 |
Revenue recognized - card and Stars redemptions and breakage | (11,544.0) |
Other(1) | (5.6) |
Stored value cards and loyalty program at June 29, 2025 (3) | $ | 1,844.3 |
(1)“Other” primarily consists of changes in the stored value cards and loyalty program balances resulting from foreign currency translation. (2)The balance excludes Starbucks retail operations in China that were classified as held for sale in the first quarter of fiscal 2026 and divested in the third quarter of fiscal 2026. (3)As of June 28, 2026 and June 29, 2025, approximately $1.6 billion and $1.7 billion, respectively, of these amounts were current.

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