PepsiCo Inc.
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 |