PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
155.70
+1.91 (1.24%)
At close: Apr 23, 2026, 4:00 PM EDT
155.03
-0.67 (-0.43%)
After-hours: Apr 23, 2026, 7:31 PM EDT
PepsiCo Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 21, 2026 | Dec '25 Dec 27, 2025 | Sep '25 Sep 6, 2025 | Jun '25 Jun 14, 2025 | Mar '25 Mar 22, 2025 | Dec '24 Dec 28, 2024 | Sep '24 Sep 7, 2024 | Jun '24 Jun 15, 2024 | Mar '24 Mar 23, 2024 | Dec '23 Dec 30, 2023 | Sep '23 Sep 9, 2023 | Jun '23 Jun 17, 2023 | Mar '23 Mar 25, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 3, 2022 | Jun '22 Jun 11, 2022 | Mar '22 Mar 19, 2022 | Dec '21 Dec 25, 2021 | Sep '21 Sep 4, 2021 | Jun '21 Jun 12, 2021 |
| 19,443 | 29,343 | 23,937 | 22,726 | 17,919 | 27,784 | 23,319 | 22,501 | 18,250 | 27,850 | 23,453 | 22,322 | 17,846 | 27,996 | 21,971 | 20,225 | 16,200 | 25,248 | 20,189 | 19,217 | |
Revenue Growth (YoY) | 8.51% | 5.61% | 2.65% | 1.00% | -1.81% | -0.24% | -0.57% | 0.80% | 2.26% | -0.52% | 6.74% | 10.37% | 10.16% | 10.88% | 8.83% | 5.24% | 9.31% | 12.44% | 11.60% | 20.52% |
Cost of Revenue | 8,712 | 13,723 | 11,113 | 10,304 | 7,926 | 13,181 | 10,396 | 9,919 | 8,248 | 13,097 | 10,675 | 10,121 | 7,988 | 13,420 | 10,308 | 9,415 | 7,433 | 12,130 | 9,394 | 8,880 |
Gross Profit | 10,731 | 15,620 | 12,824 | 12,422 | 9,993 | 14,603 | 12,923 | 12,582 | 10,002 | 14,753 | 12,778 | 12,201 | 9,858 | 14,576 | 11,663 | 10,810 | 8,767 | 13,118 | 10,795 | 10,337 |
Selling, General & Admin | 7,518 | 12,063 | 9,122 | 8,773 | 7,410 | 12,344 | 9,027 | 8,534 | 7,285 | 12,143 | 8,763 | 8,542 | 7,229 | 12,197 | 8,295 | 7,387 | 6,580 | 10,556 | 7,636 | 7,208 |
Other Operating Expenses | - | 0 | 133 | 1,860 | - | 9 | 24 | - | - | 921 | - | - | - | 1,564 | 15 | 1,346 | -3,080 | - | - | - |
Total Operating Expenses | 7,518 | 12,063 | 9,255 | 10,633 | 7,410 | 12,353 | 9,051 | 8,534 | 7,285 | 13,064 | 8,763 | 8,542 | 7,229 | 13,761 | 8,310 | 8,733 | 3,500 | 10,556 | 7,636 | 7,208 |
Operating Income | 3,213 | 3,557 | 3,569 | 1,789 | 2,583 | 2,250 | 3,872 | 4,048 | 2,717 | 1,683 | 4,015 | 3,659 | 2,629 | 815 | 3,353 | 2,077 | 5,267 | 2,562 | 3,159 | 3,129 |
Interest Expense | -301 | -333 | -264 | -260 | -264 | -264 | -219 | -234 | -202 | -217 | -201 | -201 | -200 | -273 | -190 | -236 | -240 | -1,132 | -232 | -241 |
Other Non-Operating Income (Expense) | 58 | -224 | 26 | 42 | 23 | -177 | 41 | 56 | 58 | 67 | 62 | 60 | 61 | -36 | 36 | -2 | 134 | 158 | 118 | 126 |
Total Non-Operating Income (Expense) | -243 | -557 | -238 | -218 | -241 | -441 | -178 | -178 | -144 | -150 | -139 | -141 | -139 | -309 | -154 | -238 | -106 | -974 | -114 | -115 |
Pretax Income | 2,970 | 3,000 | 3,331 | 1,571 | 2,342 | 1,809 | 3,694 | 3,870 | 2,573 | 1,533 | 3,876 | 3,518 | 2,490 | 506 | 3,199 | 1,839 | 5,161 | 1,588 | 3,045 | 3,014 |
Provision for Income Taxes | 632 | 445 | 713 | 292 | 499 | 275 | 749 | 776 | 520 | 209 | 760 | 747 | 546 | -29 | 475 | 393 | 888 | 247 | 802 | 642 |
Net Income | 2,327 | 2,540 | 2,603 | 1,263 | 1,834 | 1,523 | 2,930 | 3,083 | 2,042 | 1,302 | 3,092 | 2,748 | 1,932 | 518 | 2,702 | 1,429 | 4,261 | 1,322 | 2,224 | 2,358 |
Minority Interest in Earnings | 11 | 15 | 15 | 16 | 9 | 11 | 15 | 11 | 11 | 22 | 24 | 23 | 12 | 17 | 22 | 17 | 12 | 19 | 19 | 14 |
Net Income to Common | 2,327 | 2,540 | 2,603 | 1,263 | 1,834 | 1,523 | 2,930 | 3,083 | 2,042 | 1,302 | 3,092 | 2,748 | 1,932 | 518 | 2,702 | 1,429 | 4,261 | 1,322 | 2,224 | 2,358 |
Net Income Growth | 26.88% | 66.78% | -11.16% | -59.03% | -10.19% | 16.97% | -5.24% | 12.19% | 5.69% | 151.35% | 14.43% | 92.30% | -54.66% | -60.82% | 21.49% | -39.40% | 148.60% | -28.35% | -2.92% | 43.26% |
Shares Outstanding (Basic) | 1,367 | 1,371 | 1,369 | 1,371 | 1,372 | 1,377 | 1,373 | 1,375 | 1,375 | 1,381 | 1,376 | 1,378 | 1,378 | 1,385 | 1,380 | 1,382 | 1,383 | 1,390 | 1,382 | 1,382 |
Shares Outstanding (Diluted) | 1,371 | 1,371 | 1,372 | 1,373 | 1,376 | 1,377 | 1,378 | 1,379 | 1,380 | 1,381 | 1,383 | 1,384 | 1,384 | 1,385 | 1,387 | 1,389 | 1,391 | 1,390 | 1,389 | 1,388 |
Shares Change (YoY) | -0.36% | -0.44% | -0.43% | -0.43% | -0.29% | -0.29% | -0.36% | -0.36% | -0.29% | -0.29% | -0.29% | -0.36% | -0.50% | -0.36% | -0.14% | 0.07% | 0.29% | 0.14% | -0.07% | -0.36% |
EPS (Basic) | 1.70 | 1.85 | 1.90 | 0.92 | 1.34 | 1.11 | 2.13 | 2.24 | 1.49 | 0.94 | 2.25 | 1.99 | 1.40 | 0.37 | 1.96 | 1.03 | 3.08 | 0.95 | 1.61 | 1.71 |
EPS (Diluted) | 1.70 | 1.85 | 1.90 | 0.92 | 1.33 | 1.11 | 2.13 | 2.23 | 1.48 | 0.94 | 2.24 | 1.99 | 1.40 | 0.37 | 1.95 | 1.03 | 3.06 | 0.95 | 1.60 | 1.70 |
EPS Growth | 27.82% | 66.67% | -10.80% | -58.74% | -10.13% | 18.09% | -4.91% | 12.06% | 5.71% | 154.05% | 14.87% | 93.20% | -54.25% | -61.05% | 21.88% | -39.41% | 146.77% | -28.57% | -3.03% | 44.07% |
Shares Outstanding | 1,368 | 1,367 | 1,369 | 1,370 | 1,373 | 1,372 | 1,373 | 1,374 | 1,375 | 1,374 | 1,375 | 1,377 | 1,378 | 1,377 | 1,379 | 1,381 | 1,384 | 1,383 | 1,383 | 1,382 |
Free Cash Flow | -406 | 4,703 | 3,480 | 1,065 | -1,576 | 3,819 | 3,756 | 1,269 | -1,655 | 2,831 | 4,587 | 1,479 | -973 | 1,854 | 3,368 | 1,078 | -696 | 2,633 | 3,323 | 2,225 |
Free Cash Flow Growth | - | 23.15% | -7.35% | -16.08% | - | 34.90% | -18.12% | -14.20% | - | 52.70% | 36.19% | 37.20% | - | -29.59% | 1.35% | -51.55% | - | 13.30% | -11.97% | 47.64% |
Free Cash Flow Per Share | -0.30 | 3.43 | 2.54 | 0.78 | -1.15 | 2.77 | 2.73 | 0.92 | -1.20 | 2.05 | 3.32 | 1.07 | -0.70 | 1.34 | 2.43 | 0.78 | -0.50 | 1.89 | 2.39 | 1.60 |
Dividends Per Share | 1.423 | 1.423 | 1.423 | 1.423 | 1.355 | 1.355 | 1.355 | 1.355 | 1.265 | 1.265 | 1.265 | 1.265 | 1.150 | 1.150 | 1.150 | 1.150 | 1.075 | 1.075 | 1.075 | 1.075 |
Dividend Growth | 4.98% | 4.98% | 4.98% | 4.98% | 7.12% | 7.12% | 7.12% | 7.12% | 10.00% | 10.00% | 10.00% | 10.00% | 6.98% | 6.98% | 6.98% | 6.98% | 5.13% | 5.13% | 5.13% | 5.13% |
Gross Margin | 55.19% | 53.23% | 53.57% | 54.66% | 55.77% | 52.56% | 55.42% | 55.92% | 54.81% | 52.97% | 54.48% | 54.66% | 55.24% | 52.06% | 53.08% | 53.45% | 54.12% | 51.96% | 53.47% | 53.79% |
Operating Margin | 16.53% | 12.12% | 14.91% | 7.87% | 14.41% | 8.10% | 16.60% | 17.99% | 14.89% | 6.04% | 17.12% | 16.39% | 14.73% | 2.91% | 15.26% | 10.27% | 32.51% | 10.15% | 15.65% | 16.28% |
Profit Margin | 12.02% | 8.71% | 10.94% | 5.63% | 10.29% | 5.52% | 12.63% | 13.75% | 11.25% | 4.75% | 13.29% | 12.41% | 10.89% | 1.91% | 12.40% | 7.15% | 26.38% | 5.31% | 11.11% | 12.34% |
FCF Margin | -2.09% | 16.03% | 14.54% | 4.69% | -8.80% | 13.75% | 16.11% | 5.64% | -9.07% | 10.17% | 19.56% | 6.63% | -5.45% | 6.62% | 15.33% | 5.33% | -4.30% | 10.43% | 16.46% | 11.58% |
EBITDA | 4,117 | 4,931 | 4,567 | 2,766 | 3,412 | 3,509 | 4,771 | 4,937 | 3,485 | 2,844 | 4,856 | 4,469 | 3,335 | 1,895 | 4,135 | 2,837 | 5,925 | 3,574 | 3,929 | 3,903 |
EBITDA Margin | 21.17% | 16.80% | 19.08% | 12.17% | 19.04% | 12.63% | 20.46% | 21.94% | 19.10% | 10.21% | 20.71% | 20.02% | 18.69% | 6.77% | 18.82% | 14.03% | 36.57% | 14.16% | 19.46% | 20.31% |
EBIT | 3,213 | 3,557 | 3,569 | 1,789 | 2,583 | 2,250 | 3,872 | 4,048 | 2,717 | 1,683 | 4,015 | 3,659 | 2,629 | 815 | 3,353 | 2,077 | 5,267 | 2,562 | 3,159 | 3,129 |
EBIT Margin | 16.53% | 12.12% | 14.91% | 7.87% | 14.41% | 8.10% | 16.60% | 17.99% | 14.89% | 6.04% | 17.12% | 16.39% | 14.73% | 2.91% | 15.26% | 10.27% | 32.51% | 10.15% | 15.65% | 16.28% |
Effective Tax Rate | 21.28% | 14.83% | 21.40% | 18.59% | 21.31% | 15.20% | 20.28% | 20.05% | 20.21% | 13.63% | 19.61% | 21.23% | 21.93% | -5.73% | 14.85% | 21.37% | 17.21% | 15.55% | 26.34% | 21.30% |
Updated Apr 16, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.