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 Cash Flow 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 |
Net Income | 2,338 | 2,555 | 2,618 | 1,279 | 1,843 | 1,534 | 2,945 | 3,094 | 2,053 | 1,324 | 3,116 | 2,771 | 1,944 | 535 | 2,724 | 1,446 | 4,273 | 1,341 | 2,243 | 2,372 |
Depreciation & Amortization | 904 | 1,374 | 998 | 977 | 829 | 1,259 | 899 | 889 | 768 | 1,161 | 841 | 810 | 706 | 1,080 | 782 | 760 | 658 | 1,012 | 770 | 774 |
Stock-Based Compensation | 93 | 81 | 76 | 54 | 77 | 102 | 77 | 86 | 97 | 113 | 88 | 86 | 93 | 110 | 77 | 75 | 81 | 86 | 71 | 65 |
Other Adjustments | -170 | 194 | 208 | 109.5 | -165 | 771 | 200 | -458.5 | -44 | 795 | 15 | 2 | 12 | 1,587 | -480 | 461 | -2,861 | 188 | -345 | -76.5 |
Change in Receivables | -530 | 1,167 | -165 | -1,264 | -318 | 1,383 | -383 | -1,042 | -96 | 906 | -369 | -982 | -348 | 495 | -505 | -916 | -837 | 765 | -202 | -759 |
Changes in Inventories | -315 | 299 | 351 | -562 | -238 | 178 | 204 | -405 | -291 | 212 | 378 | -309 | -542 | -305 | 153 | -441 | -549 | -3 | 231 | -413 |
Changes in Accounts Payable | -1,847 | 970 | 436 | 588 | -2,671 | 1,151 | 656 | 440 | -3,408 | 1,279 | 1,101 | 299 | -2,259 | 1,416 | 1,416 | 248 | -1,238 | 1,663 | 1,213 | 792 |
Changes in Income Taxes Payable | 131 | -439 | -409 | 192 | 223 | -549 | 139 | 65 | 222 | -202 | 412 | -190 | 290 | -661 | 110 | 119 | 489 | -615 | 129 | 289 |
Changes in Other Operating Activities | -563 | 418 | 131 | -47 | -553 | 240 | 165 | -23 | -342 | 229 | 29 | 17 | -288 | 242 | 62 | 4 | -190 | 205 | -6 | 170 |
Operating Cash Flow | 41 | 6,619 | 4,472 | 1,969 | -973 | 6,287 | 4,905 | 2,356 | -1,041 | 5,812 | 5,611 | 2,411 | -392 | 4,505 | 4,425 | 2,055 | -174 | 4,982 | 4,294 | 3,059 |
Operating Cash Flow Growth | - | 5.28% | -8.83% | -16.43% | - | 8.17% | -12.58% | -2.28% | - | 29.01% | 26.80% | 17.32% | - | -9.57% | 3.05% | -32.82% | - | 10.96% | -7.87% | 38.35% |
Capital Expenditures | -447 | -1,916 | -992 | -904 | -603 | -2,468 | -1,149 | -1,087 | -614 | -2,981 | -1,024 | -932 | -581 | -2,651 | -1,057 | -977 | -522 | -2,349 | -971 | -834 |
Sale of Property, Plant & Equipment | 13 | 256 | 103 | 37 | 132 | 165 | 50 | 120 | 7 | 67 | 9 | 103 | 19 | 23 | 6 | 219 | 3 | 126 | 18 | 17 |
Purchases of Investments | - | 0 | - | - | - | 0 | - | - | - | 0 | -120 | -277 | -158 | -245 | -46 | - | - | - | - | - |
Proceeds from Sale of Investments | 14 | 180 | 0 | 0 | 425 | - | - | - | - | 2 | 191 | 263 | 100 | 150 | 0 | - | - | 0 | 0 | 600 |
Payments for Business Acquisitions | -67 | -215 | -46 | -1,930 | -1,200 | -225 | -1 | -24 | -6 | -182 | -49 | -67 | -16 | -69 | -775 | -16 | -13 | -33 | -6 | -9 |
Proceeds from Business Divestments | - | 34 | 0 | 2.5 | - | 21 | 10 | 82 | 53 | 0 | 0 | -10 | 85 | 34 | 0 | 10 | 3,461 | 11 | 38 | 85 |
Other Investing Activities | 10 | 19 | 15 | -101 | 14 | 0 | 4 | 17 | -2 | -22 | 25 | 29 | 19 | 19 | 9 | -19 | 26 | 6 | 7 | -69 |
Investing Cash Flow | -477 | -1,642 | -1,110 | -2,895 | -1,232 | -2,507 | -1,511 | -892 | -562 | -3,116 | -956 | -891 | -532 | -2,739 | -1,863 | -783 | 2,955 | -2,239 | -914 | -210 |
Short-Term Debt Issued | 1,937 | 863 | 277 | 1,595 | 3,656 | 1,978 | 728 | 767 | 2,313 | 740 | 3,028 | 1,267 | 393 | 22 | 12 | 1,376 | 559 | 8 | 0 | - |
Short-Term Debt Repaid | -676 | -2,503 | -2,925 | -373 | -2,119 | -1,462 | -2,039 | -507 | -1,631 | -2,069 | -1,011 | -25 | -1 | -19 | -1,932 | - | - | 0 | 0 | -1 |
Net Short-Term Debt Issued (Repaid) | 1,261 | -1,640 | -2,648 | 1,222 | 1,537 | 516 | -1,311 | 260 | 682 | -1,329 | 2,017 | 1,242 | 392 | 3 | -1,920 | 1,376 | 559 | 8 | 0 | -1 |
Long-Term Debt Issued | 2,964 | 10 | 4,658 | 16 | 3,505 | 28 | 2,249 | 4 | 1,761 | 2,496 | 0 | 0 | 2,986 | 0 | 3,377 | - | - | 4,122 | - | - |
Long-Term Debt Repaid | -1,629 | -837 | -702 | -1,002 | -1,541 | -1,003 | -1 | -1,630 | -1,252 | -752 | -1 | -1,001 | -1,251 | -971 | -1 | -1,176 | -1,251 | -5,845 | -758 | -1,695 |
Net Long-Term Debt Issued (Repaid) | 1,335 | -827 | 3,956 | -986 | 1,964 | -975 | 2,248 | -1,626 | 509 | 1,744 | -1 | -1,001 | 1,735 | -971 | 3,376 | -1,176 | -1,251 | -1,723 | -758 | -1,695 |
Issuance of Common Stock | 93 | 21 | 18 | 8 | 50 | 28 | 31 | 41 | 66 | 16 | 14 | 40 | 46 | 25 | 24 | 40 | 49 | 39 | 46 | 38 |
Repurchase of Common Stock | -182 | -248 | -258 | -311 | -183 | -240 | -299 | -315 | -146 | -249 | -298 | -293 | -160 | -344 | -457 | -506 | -193 | 0 | 0 | 0 |
Net Common Stock Issued (Repurchased) | -89 | -227 | -240 | -303 | -133 | -212 | -268 | -274 | -80 | -233 | -284 | -253 | -114 | -319 | -433 | -466 | -144 | 39 | 46 | 38 |
Common Dividends Paid | -1,966 | -1,946 | -1,949 | -1,861 | -1,882 | -1,860 | -1,863 | -1,739 | -1,767 | -1,741 | -1,742 | -1,591 | -1,608 | -1,586 | -1,589 | -1,492 | -1,505 | -1,487 | -1,486 | -1,413 |
Other Financing Activities | 1,121 | 669 | -1,995 | 2,028 | 282 | 257 | -1,188 | 469 | 666 | -1,484 | -646 | 1,516 | 372 | -43 | -909 | 181 | 561 | 377 | -79 | 15 |
Financing Cash Flow | 1,662 | -3,971 | -2,876 | 100 | 1,768 | -2,274 | -2,382 | -2,910 | 10 | -3,043 | -656 | -87 | 777 | -2,916 | -1,475 | -2,352 | -1,780 | -3,559 | -2,277 | -3,056 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 121 | 27 | -27 | 219 | 203 | -296 | -87 | -266 | -38 | -23 | -110 | -28 | -116 | -268 | -114 | -66 | -17 | -84 | -42 | 22 |
Net Cash Flow | 1,347 | 1,033 | 459 | -607 | -234 | 1,210 | 925 | -1,712 | -1,631 | -370 | 3,889 | 1,405 | -263 | -1,418 | 973 | -1,146 | 984 | -900 | 1,061 | -185 |
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% |
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% |
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 |
Levered Free Cash Flow | 2,786 | 779 | 4,426 | 1,743 | 2,322 | 875 | 4,781 | 1,596 | -432 | 1,415 | 6,845 | 2,684 | 1,385 | -1,329 | 5,624 | 1,342 | 2,217 | -480 | 2,832 | 1,440 |
Unlevered Free Cash Flow | 392.29 | 3,735 | 3,320 | 1,700 | -980.35 | 1,719 | 4,001 | 3,115 | -1,497 | 1,152 | 4,965 | 2,577 | -621.48 | -17.29 | 4,321 | 1,346 | 3,009 | 2,077 | 3,693 | 3,241 |
Updated Apr 16, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.