Skip to main content
logo
PepsiCo logo
PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
125.97
-2.37 (-1.85%)
At close: Oct 9, 2026, 4:00 PM EDT
126.15
+0.18 (0.14%)
After-hours: Oct 9, 2026, 7:59 PM EDT

PepsiCo Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
3,0482,9812,3272,5402,6031,2631,8341,5232,9303,0832,0421,3023,0922,7481,9325182,7021,4294,2611,322
Depreciation & Amortization
1,0761,0829041,1149989778291,0608998897681,002841810706957782760658877
Other Amortization
---260---199---159---123---135
Loss (Gain) From Sale of Assets
----------------14-13-3,322-
Asset Writedown & Restructuring Costs
76-70-12160741,918-19864144-39361,135-879351,93651,38747727
Stock-Based Compensation
7869938176547710277869711388869311077758186
Other Operating Activities
118-888-30449377-1,150-383-8274-698-69-32347-147-11-326-391-597-4520
Change in Accounts Receivable
-267-1,327-5301,167-165-1,264-3181,383-383-1,042-96906-369-982-348495-505-916-837765
Change in Inventory
214-487-315299351-562-238178204-405-291212378-309-542-305153-441-549-3
Change in Accounts Payable
842647-1,847970436588-2,6711,369656440-3,4081,2791,101299-2,2591,4161,416248-1,2381,663
Change in Income Taxes
102182131-439-409192223-54913965222-202412-190290-661110119489-615
Change in Other Net Operating Assets
298135-406418131-47-307240165-23-3422292917-288242624-190205
Operating Cash Flow
5,5852,324416,6194,4721,969-9736,2874,9052,356-1,0415,8125,6112,411-3924,5054,4252,055-1744,982
Operating Cash Flow Growth (YoY)
24.89%18.03%-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%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-916-819-447-1,916-992-904-603-2,468-1,149-1,087-614-2,981-1,024-932-581-2,651-1,057-977-522-2,349
Sale of Property, Plant & Equipment
18581325610337132165501207679103192362193126
Cash Acquisitions
--81-67-215-46-1,930-1,200-225-1-24-6-182-49-67-16-69-775-16-13-33
Divestitures
---34---21108253---108534-103,46111
Investment in Securities
-11-735182-16964411-422-78-1991-17-39-80-45-14227
Other Investing Activities
-46-1917-6-104-2-1124-10-11732-48-54-1
Investing Cash Flow
-955-915-477-1,642-1,110-2,895-1,232-2,507-1,511-892-562-3,116-956-891-532-2,739-1,863-7832,955-2,239

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Short-Term Debt Issued
--3,135---4,029---3,087---884---1,206-
Long-Term Debt Issued
--2,964---3,505---1,761---2,986-----
Total Debt Issued
6732,1336,0991,5982,9423,6767,5342,2971,7921,2834,8481,8412,4002,7993,870222,5451,5731,2064,545
Short-Term Debt Repaid
---676----2,119----1,631----1-----
Long-Term Debt Repaid
---1,629----1,541----1,252----1,251----1,251-
Total Debt Repaid
-2,174-1,666-2,305-3,340-3,627-1,375-3,660-2,465-2,040-2,137-2,883-2,850-1,012-1,026-1,252-976-1,978-1,951-1,251-1,001
Net Debt Issued (Repaid)
-1,5014673,794-1,742-6852,3013,874-168-248-8541,965-1,0091,3881,7732,618-954567-378-453,544
Issuance of Common Stock
8693211885028314166161440462524404939
Repurchase of Common Stock
-261-316-258-249-259-333-272-243-300-338-254-254-314-296-276-354-467-508-278-10
Common Dividends Paid
-2,021-1,948-1,966-1,946-1,949-1,861-1,882-1,860-1,863-1,739-1,767-1,741-1,742-1,591-1,608-1,586-1,589-1,492-1,505-1,487
Dividends Paid
-2,021-1,948-1,966-1,946-1,949-1,861-1,882-1,860-1,863-1,739-1,767-1,741-1,742-1,591-1,608-1,586-1,589-1,492-1,505-1,487
Other Financing Activities
1-1-1-55-1-15-2-31-2-20--55-2-13-3-47-10-14-1-5,645
Financing Cash Flow
-3,774-1,7921,662-3,971-2,8761001,768-2,274-2,382-2,91010-3,043-656-87777-2,916-1,475-2,352-1,780-3,559

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Foreign Exchange Rate Adjustments
-43113512127-27219203-296-87-266-38-23-110-28-116-268-114-66-17-84
Net Cash Flow
425-2481,3471,033459-607-2341,210925-1,712-1,631-3703,8891,405-263-1,418973-1,146984-900

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
4,6691,505-4064,7033,4801,065-1,5763,8193,7561,269-1,6552,8314,5871,479-9731,8543,3681,078-6962,633
Free Cash Flow Growth (YoY)
34.17%41.32%-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%
Free Cash Flow Margin
18.47%6.22%-2.09%16.03%14.54%4.69%-8.79%13.74%16.11%5.64%-9.07%10.17%19.56%6.63%-5.45%6.62%15.33%5.33%-4.30%10.43%
Free Cash Flow Per Share
3.421.10-0.303.432.540.78-1.152.772.730.92-1.202.053.321.07-0.701.342.430.78-0.501.89
Levered Free Cash Flow
4,221944.75-107.133,9833,0461,859-620.633,1673,4501,749-1,2842,3524,2151,442-447.131,0393,3471,2351,1331,559
Unlevered Free Cash Flow
4,3721,08587.254,1913,2112,000-468.753,3383,5851,897-1,1432,5124,3401,549-320.251,0393,5241,4211,2962,225

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
---1,748---1,585---1,401---1,043---1,184
Cash Income Tax Paid
-965-2,311-772-2,485-579-2,223-309-2,457-309-1,624
Change in Working Capital
1,189-850-2,9672,415344-1,093-3,3112,621781-965-3,9152,4241,551-1,165-3,1471,1871,236-986-2,3252,015
SEC Filings: 10-K · 10-Q