Keurig Dr Pepper Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $142.0M | $270.0M | $353.0M | $662.0M | $547.0M | $517.0M | $-144.0M | $616.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $208.0M | $114.0M | $119.0M | $119.0M | $111.0M | $106.0M | $112.0M | $103.0M |
| Amortization | $124.0M | $37.0M | $37.0M | $33.0M | $34.0M | $34.0M | $33.0M | $33.0M |
| Stock-Based Compensation | $32.0M | $30.0M | $27.0M | $25.0M | $23.0M | $22.0M | $22.0M | $24.0M |
| Net Cash from Operating Activities | $895.0M | $281.0M | $712.0M | $639.0M | $431.0M | $209.0M | $849.0M | $628.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $181.0M | $116.0M | $148.0M | $112.0M | $106.0M | $120.0M | $165.0M | $125.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-16.80B | $-98.0M | $-183.0M | $-112.0M | $-221.0M | $-57.0M | $-1.08B | $-209.0M |
| Financing Activities | ||||||||
| Dividends Paid | $312.0M | $312.0M | $313.0M | $312.0M | $313.0M | $312.0M | $311.0M | $292.0M |
| Stock Repurchases | — | — | $0 | $0 | $9.0M | $0 | $5.0M | $0 |
| Net Cash from Financing Activities | $-1.09B | $17.64B | $-65.0M | $-525.0M | $-402.0M | $-7.0M | $281.0M | $-282.0M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $714.0M | $165.0M | $564.0M | $527.0M | $325.0M | $89.0M | $684.0M | $503.0M |