STARBUCKS CORP
For the period ended Dec 28, 2025. Filed Jan 28, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 28, 2025 · Filed Jan 28, 2026
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Other Intangible Assets and Goodwill
Note 7: Other Intangible Assets and Goodwill
Indefinite-Lived Intangible Assets
| (in millions) | Dec 28, 2025 | Sep 28, 2025 |
|---|---|---|
| Trade names, trademarks and patents | $79.5 | $79.5 |
Finite-Lived Intangible Assets
| Dec 28, 2025 | Sep 28, 2025 | |||||
|---|---|---|---|---|---|---|
| (in millions) | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount |
| Acquired and reacquired rights (1) | $319.0 | $(239.8) | $79.2 | $1,053.9 | $(974.9) | $79.0 |
| Acquired trade secrets and processes | 27.6 | (27.6) | — | 27.6 | (27.6) | — |
| Trade names, trademarks and patents | 132.0 | (123.5) | 8.5 | 131.2 | (122.9) | 8.3 |
| Licensing agreements | 12.5 | (12.5) | — | 13.0 | (13.0) | — |
| Other finite-lived intangible assets | 2.3 | (2.3) | — | 20.5 | (20.5) | — |
| Total finite-lived intangible assets | $493.4 | $(405.7) | $87.7 | $1,246.2 | $(1,158.9) | $87.3 |
(1)The decrease in acquired and reacquired rights was a result of Starbucks retail operations in China being classified as held for sale.
Amortization expense for finite-lived intangible assets was $1.5 million for the quarter ended December 28, 2025 and $5.6 million for the quarter ended December 29, 2024, respectively.
Estimated future amortization expense as of December 28, 2025 (in millions):
| Fiscal Year | Total |
|---|---|
| 2026 (excluding the quarter ended December 28, 2025) | $4.7 |
| 2027 | 6.0 |
| 2028 | 5.4 |
| 2029 | 5.0 |
| 2030 | 4.8 |
| Thereafter | 61.8 |
| Total estimated future amortization expense | $87.7 |
Goodwill
Changes in the carrying amount of goodwill by reportable operating segment(in millions):
| North America | International | Channel Development | Corporate and Other | Total | |
|---|---|---|---|---|---|
| Goodwill balance at September 28, 2025 | $490.6 | $2,842.6 | $34.7 | $1.0 | $3,368.9 |
| Planned divestiture (1) | — | (2,073.1) | — | — | (2,073.1) |
| Other (2) | 0.5 | 14.8 | — | — | 15.3 |
| Goodwill balance at December 28, 2025 | $491.1 | $784.3 | $34.7 | $1.0 | $1,311.1 |
(1)The decrease in the International segment was a result of Starbucks retail operations in China being classified as held for sale.
(2)“Other” consists of changes in the goodwill balance resulting from foreign currency translation.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.