PepsiCo Inc.

PEP ·Consumer Defensive, Beverages - Non-Alcoholic, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $93.93B $91.85B $91.47B $86.39B $79.47B $70.37B $67.16B
Frito-Lay North America $24.76B $24.91B $23.29B $19.61B $18.19B $17.08B
Quaker Foods North America $2.68B $3.10B $3.16B $2.75B $2.74B $2.48B
PepsiCo Beverages North America $27.77B $27.63B $26.21B $25.28B $22.56B $21.73B
PepsiCo International $0 $0 $0 $0 $0 $0
Latin America Foods $0 $0 $0 $0 $0 $0
PepsiCo Americas Beverages $0 $0 $0 $0 $0 $0
United Kingdom & Europe $0 $0 $0 $0 $0 $0
Middle East Africa & Asia $0 $0 $0 $0 $0 $0
North America Beverages $0 $0 $0 $0 $0 $0
Latin America $11.72B $11.65B $9.78B $8.11B $6.94B $7.57B
Europe Sub-Saharan Africa $13.87B $13.23B $12.72B $13.04B $11.92B $11.73B
Asia Middle East & North Africa $0 $0 $0 $0 $0 $0
AMESA $6.22B $6.14B $6.44B $6.08B $4.57B $3.65B
APAC $4.85B $4.80B $4.79B $4.62B $3.45B $2.92B
PepsiCo Foods North America $0 $0 $0 $0 $0 $0
International Beverages Franchise $0 $0 $0 $0 $0 $0
Europe Middle East & Africa $0 $0 $0 $0 $0 $0
LatAm Foods $0 $0 $0 $0 $0 $0
Asia Pacific Foods $0 $0 $0 $0 $0 $0
Cost of Revenue $43.07B $41.74B $41.88B $40.58B $37.08B $31.80B $30.13B
Gross Profit $50.86B $50.11B $49.59B $45.82B $42.40B $38.58B $37.03B
Gross Margin 54.1% 54.6% 54.2% 53.0% 53.3% 54.8% 55.1%
Operating Expenses
Research & Development $839.0M $813.0M $804.0M $771.0M $752.0M $719.0M $711.0M
SG&A Expense $37.37B $37.19B $36.68B $34.46B $31.24B $28.45B $26.74B
Operating Income $11.50B $12.89B $11.99B $11.51B $11.16B $10.08B $10.29B
Operating Margin 12.2% 14.0% 13.1% 13.3% 14.0% 14.3% 15.3%
Interest Expense $1.12B $919.0M $819.0M $939.0M $1.86B $1.13B $935.0M
Pretax Income $10.24B $11.95B $11.42B $10.71B $9.82B $9.07B $9.31B
Income Tax Expense $1.95B $2.32B $2.26B $1.73B $2.14B $1.89B $1.96B
Net Income $8.24B $9.58B $9.07B $8.91B $7.62B $7.12B $7.31B
Net Margin 8.8% 10.4% 9.9% 10.3% 9.6% 10.1% 10.9%
EPS (Basic) $6.02 $6.97 $6.59 $6.45 $5.51 $5.14 $5.23
EPS (Diluted) $6.00 $6.95 $6.56 $6.42 $5.49 $5.12 $5.20
Shares Outstanding (Basic) 1.37B 1.37B 1.37B 1.38B 1.38B 1.38B 1.39B 1.40B
Shares Outstanding (Diluted) 1.37B 1.37B 1.38B 1.38B 1.39B 1.39B 1.39B 1.41B
Dividends Per Share $5.62 $5.33 $4.95 $4.53 $4.25 $4.02 $3.79
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