Revenue
25.3 billion USD
2026-09-05 · USD
Exact inputs and evidence
- Revenue: 25274000000 USD Source
Fundies. English
PepsiCo, Inc.
EDGARAnnual consolidated revenue for 2025: about USD 93.93B, using the latest reported figures. The previous period, 2024, was about USD 91.85B.
Latest quarter
Operating margin
16.86%
2026-09-05 · %
Operating cash flow
5.59 billion USD
2026-09-05 · USD
- Cash and cash equivalents
- 10.7 billion USD Source
Exact value
10675000000 USD
- Long-term debt including current maturities
- 46.4 billion USD Source
Exact value
46351000000 USD
- Shares outstanding
- Not available
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-16.
Financial data available through: 2025-12-27.
Coverage by financial measure
- Revenue: 10 of 11 periods available· newest 2025-12-27
- Operating income: 10 of 11 periods available· newest 2025-12-27
- Net income: 10 of 11 periods available· newest 2025-12-27
- Operating cash flow: 10 of 11 periods available· newest 2025-12-27
- capital expenditure: No compatible figures in this window
- Total assets: 10 of 11 periods available· newest 2025-12-27
- Total liabilities: 10 of 11 periods available· newest 2025-12-27
- Current assets: 10 of 11 periods available· newest 2025-12-27
- Current liabilities: 10 of 11 periods available· newest 2025-12-27
- Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-27
- Long-term debt including current maturities: 10 of 11 periods available· newest 2025-12-27
- shares outstanding: No compatible figures in this window
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+2.3%Prior period
USD 91.85 billion
–
Current period
USD 93.93 billion
–
Exact inputs and evidence
93925000000 − 91854000000 = 2071000000 USD
91854000000 USD · 2023-12-31 – 2024-12-28
Inspect prior input Prior source93925000000 USD · 2024-12-29 – 2025-12-27
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
-14%Prior period
USD 9.58 billion
–
Current period
USD 8.24 billion
–
Exact inputs and evidence
8240000000 − 9578000000 = -1338000000 USD
9578000000 USD · 2023-12-31 – 2024-12-28
Inspect prior input Prior source8240000000 USD · 2024-12-29 – 2025-12-27
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-3.4%Prior period
USD 12.51 billion
–
Current period
USD 12.09 billion
–
Exact inputs and evidence
12087000000 − 12507000000 = -420000000 USD
12507000000 USD · 2023-12-31 – 2024-12-28
Inspect prior input Prior source12087000000 USD · 2024-12-29 – 2025-12-27
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2024-12-29 – 2025-12-27
- Revenue USD 93.93 billion 100% of revenue
- Cost of revenue USD 43.07 billion 46% of revenue
- Operating expenses USD 38.21 billion 41% of revenue
- Other operating costs Derived USD 1.15 billion 1.2% of revenue
- Operating income USD 11.5 billion 12% of revenue
- Tax, interest and other Derived USD 3.26 billion 3.5% of revenue
- Net income USD 8.24 billion 8.8% of revenue
Cash
- Operating cash flow USD 12.09 billion 13% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2016 10%84%
- 2017 84%
- 2018 Net income was higher than operating income, so the split is not drawn.
- 2019 11%85%
- 2020 10%86%
- 2021 9.6%86%
- 2022 10%87%
- 2023 9.9%87%
- 2024 10%86%
- 2025 88%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2015-12-27 – 2016-12-31 | 62799000000 | 52995000000 Derived | 9804000000 | 3475000000 Derived | 6329000000 | Unavailable | Source
|
| 2017 2017-01-01 – 2017-12-30 | 63525000000 | 53249000000 Derived | 10276000000 | 5419000000 Derived | 4857000000 | Unavailable | Source
|
| 2018 2017-12-31 – 2018-12-29 | 64661000000 | 54551000000 Derived | 10110000000 | -2405000000 Derived | 12515000000 | Unavailable | Source
|
| 2019 2018-12-30 – 2019-12-28 | 67161000000 | 56870000000 Derived | 10291000000 | 2977000000 Derived | 7314000000 | Unavailable | Source
|
| 2020 2019-12-29 – 2020-12-26 | 70372000000 | 60292000000 Derived | 10080000000 | 2960000000 Derived | 7120000000 | Unavailable | Source
|
| 2021 2020-12-27 – 2021-12-25 | 79474000000 | 68312000000 Derived | 11162000000 | 3544000000 Derived | 7618000000 | Unavailable | Source
|
| 2022 2021-12-26 – 2022-12-31 | 86392000000 | 74880000000 Derived | 11512000000 | 2602000000 Derived | 8910000000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-30 | 91471000000 | 79485000000 Derived | 11986000000 | 2912000000 Derived | 9074000000 | Unavailable | Source
|
| 2024 2023-12-31 – 2024-12-28 | 91854000000 | 78967000000 Derived | 12887000000 | 3309000000 Derived | 9578000000 | Unavailable | Source
|
| 2025 2024-12-29 – 2025-12-27 | 93925000000 | 82427000000 Derived | 11498000000 | 3258000000 Derived | 8240000000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 93.9B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 62799000000 |
|
| 2017 | Revenue | 63525000000 |
|
| 2018 | Revenue | 64661000000 |
|
| 2019 | Revenue | 67161000000 |
|
| 2020 | Revenue | 70372000000 |
|
| 2021 | Revenue | 79474000000 |
|
| 2022 | Revenue | 86392000000 |
|
| 2023 | Revenue | 91471000000 |
|
| 2024 | Revenue | 91854000000 |
|
| 2025 | Revenue | 93925000000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
2.3% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | No prior comparable period |
|
| 2017 | Year over year | 1.2% |
|
| 2018 | Year over year | 1.8% |
|
| 2019 | Year over year | 3.9% |
|
| 2020 | Year over year | 4.8% |
|
| 2021 | Year over year | 12.9% |
|
| 2022 | Year over year | 8.7% |
|
| 2023 | Year over year | 5.9% |
|
| 2024 | Year over year | 0.4% |
|
| 2025 | Year over year | 2.3% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 12.2% 2025
Net margin 8.8% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | 15.6% |
|
| 2017 | Operating margin | 16.2% |
|
| 2018 | Operating margin | 15.6% |
|
| 2019 | Operating margin | 15.3% |
|
| 2020 | Operating margin | 14.3% |
|
| 2021 | Operating margin | 14% |
|
| 2022 | Operating margin | 13.3% |
|
| 2023 | Operating margin | 13.1% |
|
| 2024 | Operating margin | 14% |
|
| 2025 | Operating margin | 12.2% |
|
| 2016 | Net margin | 10.1% |
|
| 2017 | Net margin | 7.6% |
|
| 2018 | Net margin | 19.4% |
|
| 2019 | Net margin | 10.9% |
|
| 2020 | Net margin | 10.1% |
|
| 2021 | Net margin | 9.6% |
|
| 2022 | Net margin | 10.3% |
|
| 2023 | Net margin | 9.9% |
|
| 2024 | Net margin | 10.4% |
|
| 2025 | Net margin | 8.8% |
|
| 2016 | Free cash flow margin | Not reported |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 12.1B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | 10663000000 |
|
| 2017 | Operating cash flow | 10030000000 |
|
| 2018 | Operating cash flow | 9415000000 |
|
| 2019 | Operating cash flow | 9649000000 |
|
| 2020 | Operating cash flow | 10613000000 |
|
| 2021 | Operating cash flow | 11616000000 |
|
| 2022 | Operating cash flow | 10811000000 |
|
| 2023 | Operating cash flow | 13442000000 |
|
| 2024 | Operating cash flow | 12507000000 |
|
| 2025 | Operating cash flow | 12087000000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | Unavailable |
|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
80.9% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Liabilities / assets | 84.8% |
|
| 2017 | Liabilities / assets | 86.2% |
|
| 2018 | Liabilities / assets | 81.2% |
|
| 2019 | Liabilities / assets | 81.1% |
|
| 2020 | Liabilities / assets | 85.4% |
|
| 2021 | Liabilities / assets | 82.5% |
|
| 2022 | Liabilities / assets | 81.3% |
|
| 2023 | Liabilities / assets | 81.5% |
|
| 2024 | Liabilities / assets | 81.7% |
|
| 2025 | Liabilities / assets | 80.9% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.85× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 1.25× |
|
| 2017 | Current assets / current liabilities | 1.51× |
|
| 2018 | Current assets / current liabilities | 0.99× |
|
| 2019 | Current assets / current liabilities | 0.86× |
|
| 2020 | Current assets / current liabilities | 0.98× |
|
| 2021 | Current assets / current liabilities | 0.83× |
|
| 2022 | Current assets / current liabilities | 0.8× |
|
| 2023 | Current assets / current liabilities | 0.85× |
|
| 2024 | Current assets / current liabilities | 0.82× |
|
| 2025 | Current assets / current liabilities | 0.85× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2015-12-27 – 2016-12-31 | USD 6.33 billion Exact valueExact value: 6329000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 10.66 billion Exact valueExact value: 10663000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-30 | USD 4.86 billion Exact valueExact value: 4857000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 10.03 billion Exact valueExact value: 10030000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2017-12-31 – 2018-12-29 | USD 12.52 billion Exact valueExact value: 12515000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 9.42 billion Exact valueExact value: 9415000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2018-12-30 – 2019-12-28 | USD 7.31 billion Exact valueExact value: 7314000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 9.65 billion Exact valueExact value: 9649000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2019-12-29 – 2020-12-26 | USD 7.12 billion Exact valueExact value: 7120000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 10.61 billion Exact valueExact value: 10613000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2020-12-27 – 2021-12-25 | USD 7.62 billion Exact valueExact value: 7618000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 11.62 billion Exact valueExact value: 11616000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2021-12-26 – 2022-12-31 | USD 8.91 billion Exact valueExact value: 8910000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 10.81 billion Exact valueExact value: 10811000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-30 | USD 9.07 billion Exact valueExact value: 9074000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 13.44 billion Exact valueExact value: 13442000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2023-12-31 – 2024-12-28 | USD 9.58 billion Exact valueExact value: 9578000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 12.51 billion Exact valueExact value: 12507000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2024-12-29 – 2025-12-27 | USD 8.24 billion Exact valueExact value: 8240000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 12.09 billion Exact valueExact value: 12087000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
252 filings · 12,308 latest values · 12,308 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0000077476, 77476, PEP, edgar:77476
Also known as PEPSICO INC, PepsiCo, Inc.