PepsiCo Inc
PEP- Exchange
- Nasdaq
- Industry
- Beverages
- SEC CIK
- 0000077476
In the last 90 days, PepsiCo Inc insiders filed 1 open-market purchase and 1 sale; 3,439 institutions reported holding it in 13F filings for Q2 2026, worth $146.5B in total; 5 superinvestors hold it, including Elliott Investment Management and Lindsell Train.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:14 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 27, 2025 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Feb 9, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Revenue | $93.9B | $91.9B | $91.5B | $86.4B | $79.5B |
| Cost of revenue | $43.1B | $41.7B | $41.9B | $40.6B | $37.1B |
| Gross profit | $50.9B | $50.1B | $49.6B | $45.8B | $42.4B |
| Research and development | $839.0M | $813.0M | $804.0M | $771.0M | $752.0M |
| Selling, general and administrative | $37.4B | $37.2B | $36.7B | $34.5B | $31.2B |
| Operating income | $11.5B | $12.9B | $12.0B | $11.5B | $11.2B |
| Interest expense | $1.12B | $919.0M | $819.0M | $939.0M | $1.86B |
| Income tax | $1.95B | $2.32B | $2.26B | $1.73B | $2.14B |
| Net income | $8.24B | $9.58B | $9.07B | $8.91B | $7.62B |
| EPS, basic | $6.02 | $6.97 | $6.59 | $6.45 | $5.51 |
| EPS, diluted | $6.00 | $6.95 | $6.56 | $6.42 | $5.49 |
| Weighted shares, basic | 1.37B | 1.37B | 1.38B | 1.38B | 1.38B |
| Weighted shares, diluted | 1.37B | 1.38B | 1.38B | 1.39B | 1.39B |
| Margins and growth | |||||
| Gross margin | 54.1% | 54.6% | 54.2% | 53.0% | 53.3% |
| Operating margin | 12.2% | 14.0% | 13.1% | 13.3% | 14.0% |
| Net margin | 8.8% | 10.4% | 9.9% | 10.3% | 9.6% |
| Revenue growth, year over year | +2.3% | +0.4% | +5.9% | +8.7% | +12.9% |
| Net income growth, year over year | −14.0% | +5.6% | +1.8% | +17.0% | +7.0% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 27, 2025 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Feb 9, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Cash and equivalents | $9.16B | $8.51B | $9.71B | $4.95B | $5.60B |
| Short-term investments | $371.0M | $761.0M | $292.0M | $394.0M | $392.0M |
| Inventory | $5.84B | $5.31B | $5.33B | $5.22B | $4.35B |
| Total current assets | $27.9B | $25.8B | $26.9B | $21.5B | $21.8B |
| Property, plant and equipment | $29.9B | $28.0B | $27.0B | $24.3B | $22.4B |
| Goodwill | $18.9B | $17.5B | $17.7B | $18.2B | $18.4B |
| Intangible assets | $500.0M | $1.10B | $1.20B | $1.28B | $1.54B |
| Total assets | $107.4B | $99.5B | $100.5B | $92.2B | $92.4B |
| Accounts payable | $11.7B | $11.0B | $11.6B | $10.7B | $9.83B |
| Short-term debt | $6.86B | $7.08B | $6.51B | $3.41B | $4.31B |
| Total current liabilities | $32.8B | $31.5B | $31.6B | $26.8B | $26.2B |
| Long-term debt | $42.3B | $37.2B | $37.6B | $35.7B | $36.0B |
| Total liabilities | $86.9B | $81.3B | $81.9B | $74.9B | $76.2B |
| Shareholders' equity | $20.5B | $18.2B | $18.6B | $17.3B | $16.2B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 27, 2025 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Feb 9, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Operating cash flow | $12.1B | $12.5B | $13.4B | $10.8B | $11.6B |
| Capital expenditures | $4.42B | $5.32B | $5.52B | $5.21B | $4.63B |
| Free cash flow | $7.67B | $7.19B | $7.92B | $5.60B | $6.99B |
| Depreciation and amortization | $3.45B | $3.16B | $2.95B | $2.76B | $2.71B |
| Stock-based compensation | $288.0M | $362.0M | $380.0M | $343.0M | $301.0M |
| Dividends paid | $7.64B | $7.23B | $6.68B | $6.17B | $5.82B |
| Share buybacks | $1.00B | $1.00B | $1.00B | $1.50B | $106.0M |
| Investing cash flow | -$6.88B | -$5.47B | -$5.50B | -$2.43B | -$3.27B |
| Financing cash flow | -$4.98B | -$7.56B | -$3.01B | -$8.52B | -$10.8B |
| Net change in cash | $651.0M | -$1.21B | $4.66B | -$607.0M | -$2.55B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.3% | 0.4% | 0.4% | 0.4% | 0.4% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.