PepsiCoPEPEarnings & Financial Report
PepsiCo, Inc. is an American multinational food and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and beverage brands.
Revenue
$17.9B
Gross Profit
$10.0B
Operating Profit
$2.6B
Net Profit
$1.8B
Gross Margin
55.8%
Operating Margin
14.4%
Net Margin
10.2%
YoY Growth
-1.8%
EPS
$1.33
PepsiCo Q1 FY2025 Financial Summary
PepsiCo reported revenue of $17.9B (down 1.8% YoY) for Q1 FY2025, with a net profit of $1.8B (down 10.2% YoY) (10.2% margin). Cost of goods sold was $7.9B, operating expenses totaled $7.4B.
Key Financial Metrics
| Total Revenue | $17.9B |
|---|---|
| Net Profit | $1.8B |
| Gross Margin | 55.8% |
| Operating Margin | 14.4% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
PepsiCo Q1 FY2025 revenue of $17.9B breaks down across 6 segments, led by Pepsi Co Foods North America at $6.2B (34.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Pepsi Co Foods North America | $6.2B | 34.7% |
| Pepsi Co Beverages North America | $5.9B | 32.8% |
| Europe Middle East Africa Segment | $2.4B | 13.3% |
| Latin America Foods Segment | $1.7B | 9.3% |
| Asia Pacific Foods Segment | $1.0B | 5.7% |
| International Beverage Franchise | $759.0M | 4.2% |
PepsiCo Revenue by Segment — Quarterly Trend
PepsiCo revenue by segment across the last 4 reported quarters, showing how each business line (such as Pepsi Co Foods North America and Pepsi Co Beverages North America) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Pepsi Co Foods North America | — | $8.3B | $6.5B | $6.5B |
| Pepsi Co Beverages North America | — | $8.2B | $7.3B | $6.8B |
| Europe Middle East Africa Segment | — | $6.1B | $5.0B | $4.5B |
| Latin America Foods Segment | — | $3.7B | $2.7B | $2.5B |
| Asia Pacific Foods Segment | — | $1.5B | $1.1B | $1.0B |
PepsiCo Annual Revenue by Year
PepsiCo annual revenue history includes year-by-year totals (for example, 2025 revenue was $93.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $93.9B |
| 2024 | $91.9B |
| 2023 | $91.5B |
PepsiCo Quarterly Revenue & Net Profit History
PepsiCo results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $19.4B | +8.5% | $2.3B | 12.0% |
| Q4 FY2025 | $29.3B | +5.6% | $2.5B | 8.7% |
| Q3 FY2025 | $23.9B | +2.7% | $2.6B | 10.9% |
| Q2 FY2025 | $22.7B | +1.0% | $1.3B | 5.6% |
| Q1 FY2025 | $17.9B | -1.8% | $1.8B | 10.2% |
| Q4 FY2024 | $27.8B | -0.2% | $1.5B | 5.5% |
| Q3 FY2024 | $23.3B | -0.6% | $2.9B | 12.6% |
| Q2 FY2024 | $22.5B | +0.8% | $3.1B | 13.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.50B | $23.32B | $27.78B | $17.92B | $22.73B | $23.94B | $29.34B | $19.44B |
| YoY Growth | 0.8% | -0.6% | -0.2% | -1.8% | 1.0% | 2.7% | 5.6% | 8.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $99.53B | $100.51B | $99.47B | $101.74B | $105.34B | $106.56B | $107.40B | $110.65B |
| Liabilities | $79.95B | $80.91B | $81.30B | $83.21B | $86.79B | $87.02B | $86.85B | $89.11B |
| Equity | $19.45B | $19.45B | $18.04B | $18.39B | $18.42B | $19.39B | $20.41B | $21.54B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $2.36B | $4.91B | $6.29B | $-973.0M | $1.97B | $4.47B | $6.62B |