Keurig Dr Pepper Inc. (KDP)
NASDAQ: KDP · Real-Time Price · USD
32.18
+0.30 (0.94%)
At close: Aug 28, 2026, 4:00 PM EDT
32.50
+0.32 (0.99%)
After-hours: Aug 28, 2026, 7:50 PM EDT
Keurig Dr Pepper Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 20,090 | 16,603 | 15,351 | 14,814 | 14,057 | 12,683 | |
Revenue Growth | 27.48% | 8.16% | 3.62% | 5.38% | 10.83% | 9.17% |
Cost of Revenue | 9,853 | 7,604 | 6,822 | 6,734 | 6,734 | 5,706 |
Gross Profit | 10,237 | 8,999 | 8,529 | 8,080 | 7,323 | 6,977 |
Selling, General & Admin | 5,939 | 4,874 | 4,525 | 4,488 | 4,283 | 3,765 |
Research & Development | 70 | 70 | 70 | 66 | 65 | 66 |
Amortization of Goodwill & Intangibles | 138 | 138 | 133 | 137 | - | - |
Other Operating Expenses | 44 | -4 | 217 | -9 | -69 | -60 |
Operating Expenses | 6,400 | 5,287 | 5,133 | 4,853 | 4,449 | 3,948 |
Operating Income | 3,837 | 3,712 | 3,396 | 3,227 | 2,874 | 3,029 |
Interest Expense | -1,043 | -754 | -735 | -496 | -693 | -500 |
Earnings From Equity Investments | 81 | 81 | 42 | 33 | -5 | -5 |
Currency Exchange Gain (Loss) | -99 | -36 | 10 | -5 | 9 | - |
Other Non Operating Income (Expenses) | -224 | -175 | 10 | 35 | -19 | 4 |
EBT Excluding Unusual Items | 2,552 | 2,828 | 2,723 | 2,794 | 2,166 | 2,528 |
Merger & Restructuring Charges | -503 | -63 | -91 | -35 | -172 | -202 |
Impairment of Goodwill | - | - | -306 | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | 38 | 507 |
Gain (Loss) on Sale of Assets | - | - | - | - | 82 | 70 |
Asset Writedown | -78 | -78 | -412 | -2 | -477 | - |
Legal Settlements | - | - | - | - | 299 | - |
Other Unusual Items | - | - | - | - | -217 | -105 |
Pretax Income | 1,971 | 2,687 | 1,914 | 2,757 | 1,719 | 2,798 |
Income Tax Expense | 476 | 608 | 473 | 576 | 284 | 653 |
Earnings From Continuing Operations | 1,495 | 2,079 | 1,441 | 2,181 | 1,435 | 2,145 |
Minority Interest in Earnings | -68 | - | - | - | 1 | 1 |
Net Income | 1,427 | 2,079 | 1,441 | 2,181 | 1,436 | 2,146 |
Net Income to Common | 1,345 | 2,079 | 1,441 | 2,181 | 1,436 | 2,146 |
Net Income Growth | -12.44% | 44.27% | -33.93% | 51.88% | -33.09% | 61.96% |
Shares Outstanding (Basic) | 1,359 | 1,358 | 1,362 | 1,399 | 1,417 | 1,416 |
Shares Outstanding (Diluted) | 1,364 | 1,363 | 1,368 | 1,408 | 1,429 | 1,428 |
Shares Change | 0.09% | -0.40% | -2.85% | -1.41% | 0.04% | 0.41% |
EPS (Basic) | 0.99 | 1.53 | 1.06 | 1.56 | 1.01 | 1.52 |
EPS (Diluted) | 0.99 | 1.53 | 1.05 | 1.55 | 1.01 | 1.50 |
EPS Growth | -12.31% | 45.71% | -32.26% | 53.46% | -32.67% | 61.29% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,970 | 1,505 | 1,656 | 904 | 2,484 | 2,451 |
Free Cash Flow Per Share | 1.45 | 1.10 | 1.21 | 0.64 | 1.74 | 1.72 |
Dividend Per Share | 0.920 | 0.920 | 0.890 | 0.830 | 0.775 | 0.713 |
Dividend Growth | 0% | 3.37% | 7.23% | 7.10% | 8.77% | 18.75% |
Gross Margin | 50.96% | 54.20% | 55.56% | 54.54% | 52.09% | 55.01% |
Operating Margin | 19.10% | 22.36% | 22.12% | 21.78% | 20.45% | 23.88% |
Profit Margin | 6.69% | 12.52% | 9.39% | 14.72% | 10.22% | 16.92% |
Free Cash Flow Margin | 9.81% | 9.06% | 10.79% | 6.10% | 17.67% | 19.32% |
EBITDA | 4,807 | 4,465 | 4,129 | 3,947 | 3,583 | 3,737 |
EBITDA Margin | 23.93% | 26.89% | 26.90% | 26.64% | 25.49% | 29.47% |
D&A For EBITDA | 970 | 753 | 733 | 720 | 709 | 708 |
EBIT | 3,837 | 3,712 | 3,396 | 3,227 | 2,874 | 3,029 |
EBIT Margin | 19.10% | 22.36% | 22.12% | 21.78% | 20.45% | 23.88% |
Effective Tax Rate | 24.15% | 22.63% | 24.71% | 20.89% | 16.52% | 23.34% |