SBUX · 10-K · 2026A · Full report

Goodwill Impairment Outlook

STARBUCKS CORP · 2026-11-12 · Importance 17 · Surprise 24

Starbucks completed its fiscal 2026 annual goodwill impairment testing in the third fiscal quarter. Its latest quantitative assessment showed reporting-unit fair values exceeded carrying values by approximately $120 billion. Management does not anticipate significant goodwill or indefinite-lived intangible asset impairment charges in the next 12 months, absent a sustained multi-year global decline in key markets such as the U.S.

Key facts

• Starbucks completed its fiscal 2026 annual goodwill impairment testing in the third fiscal quarter; based on its most recent quantitative assessment, reporting-unit fair value exceeded carrying value by approximately $120 billion. source
• Starbucks does not anticipate significant goodwill impairment in the next 12 months absent a sustained multi-year global decline in its business in key markets such as the U.S. source
• Starbucks does not anticipate recording significant impairment charges for indefinite-lived intangible assets in the next 12 months. source