PepsiCo Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 27, 2025 · FY), PepsiCo Inc reported revenue of $93.9B (+2.3% year on year) and net income of $8.3B (-13.8% year on year).
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Revenue | $93.9B | $91.9B | $91.5B | $86.4B |
| Cost of sales | $43.1B | $41.7B | $41.9B | $40.6B |
| Gross profit | $50.9B | $50.1B | $49.6B | $45.8B |
| Selling, general and administrative expenses | $37.4B | $37.2B | $36.7B | $34.5B |
| Impairment of Intangible Assets (Excluding Goodwill) | $2.0B | $33.0M | $927.0M | $3.2B |
| Operating Profit | $11.5B | $12.9B | $12.0B | $11.5B |
| Other pension and retiree medical benefits (expense)/income | ($133.0M) | ($22.0M) | $250.0M | $132.0M |
| Net interest expense and other | ($1.1B) | ($919.0M) | ($819.0M) | ($939.0M) |
| Income before income taxes | $10.2B | $11.9B | $11.4B | $10.7B |
| Provision for income taxes | $1.9B | $2.3B | $2.3B | $1.7B |
| Net income | $8.3B | $9.6B | $9.2B | $9.0B |
| Less: Net income attributable to noncontrolling interests | $55.0M | $48.0M | $81.0M | $68.0M |
| Net Income Attributable to PepsiCo | $8.2B | $9.6B | $9.1B | $8.9B |
| Basic | $6.02 | $6.97 | $6.59 | $6.45 |
| Diluted | $6.00 | $6.95 | $6.56 | $6.42 |
| Basic | 1.4B | 1.4B | 1.4B | 1.4B |
| Diluted | 1.4B | 1.4B | 1.4B | 1.4B |
| Line item | Sep 5, 2026 · Q3 | Jun 13, 2026 · Q2 | Mar 21, 2026 · Q1 | Sep 6, 2025 · Q3 |
|---|---|---|---|---|
| Net Revenue | $25.3B | $24.2B | $19.4B | $23.9B |
| Cost of sales | $11.5B | $11.1B | $8.7B | $11.1B |
| Gross profit | $13.8B | $13.1B | $10.7B | $12.8B |
| Selling, general and administrative expenses | $9.5B | $9.1B | $7.5B | $9.1B |
| Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss | $0 | — | — | — |
| Operating Profit | $4.3B | $4.0B | $3.2B | $3.6B |
| Other pension and retiree medical benefits (expense)/income | ($114.0M) | $59.0M | $58.0M | $26.0M |
| Net interest expense and other | ($242.0M) | ($230.0M) | ($301.0M) | ($264.0M) |
| Income before income taxes | $3.9B | $3.9B | $3.0B | $3.3B |
| Provision for income taxes | $834.0M | $848.0M | $632.0M | $713.0M |
| Net income | $3.1B | $3.0B | $2.3B | $2.6B |
| Less: Net income attributable to noncontrolling interests | $22.0M | $23.0M | $11.0M | $15.0M |
| Net Income Attributable to PepsiCo | $3.0B | $3.0B | $2.3B | $2.6B |
| Basic | $2.23 | $2.18 | $1.70 | $1.90 |
| Diluted | $2.23 | $2.18 | $1.70 | $1.90 |
| Basic | 1.4B | 1.4B | 1.4B | 1.4B |
| Diluted | 1.4B | 1.4B | 1.4B | 1.4B |
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $9.2B | $8.5B | $9.7B | $5.0B |
| Short-term Investments | $371.0M | $761.0M | $292.0M | $394.0M |
| Accounts Receivable, Allowance for Credit Loss, Current | $230.0M | $356.0M | — | — |
| Accounts and notes receivable, net | $11.5B | $10.3B | $10.8B | $10.2B |
| Inventories | $5.8B | $5.3B | $5.3B | $5.2B |
| Prepaid expenses and other current assets | $1.1B | $921.0M | $798.0M | $806.0M |
| Assets, Current | $27.9B | $25.8B | $26.9B | $21.5B |
| Property, Plant and Equipment, net | $29.9B | $28.0B | $27.0B | $24.3B |
| Amortizable Intangible Assets, net | $1.2B | $1.1B | $1.2B | $1.3B |
| Goodwill | $18.9B | $17.5B | $17.7B | $18.2B |
| Indefinite-lived Intangible Assets (Excluding Goodwill) | $13.8B | $13.7B | $13.7B | $14.3B |
| Equity Method Investments | $2.0B | $2.0B | $2.7B | $3.1B |
| Deferred Income Tax Assets, Net | $4.5B | $4.4B | $4.5B | $4.2B |
| Other Investments | $2.5B | $1.3B | $1.6B | $813.0M |
| Other Assets | $9.0B | $7.0B | $6.7B | $5.3B |
| Total Assets | $107.4B | $99.5B | $100.5B | $92.2B |
| Short-term debt obligations | $6.9B | $7.1B | $6.5B | $3.4B |
| Accounts payable and other current liabilities | $25.9B | $24.5B | $25.1B | $23.4B |
| Liabilities, Current | $32.8B | $31.5B | $31.6B | $26.8B |
| Long-Term Debt Obligations | $42.3B | $37.2B | $37.6B | $35.7B |
| Deferred Income Tax Liabilities, Net | $3.8B | $3.5B | $3.9B | $4.1B |
| Other Liabilities, Noncurrent | $8.0B | $9.1B | $8.7B | $8.3B |
| Liabilities | $86.9B | $81.3B | $81.9B | $74.9B |
| Common stock, authorized | 3.6B | 3.6B | 3.6B | 3.6B |
| Common stock, issued | 1.4B | 1.4B | 1.4B | 1.4B |
| Common stock, par value 12/3¢ per share (authorized 3,600 shares, issued, net of repurchased common stock at par value: 1,380 and 1,391 shares, respectively) | $23000000.00 | $23000000.00 | $23000000.00 | $23000000.00 |
| Additional Paid in Capital, Common Stock | $4.5B | $4.4B | $4.3B | $4.1B |
| Retained Earnings (Accumulated Deficit) | $72.8B | $72.3B | $70.0B | $67.8B |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($15.0B) | ($17.6B) | ($15.5B) | ($15.3B) |
| Treasury Stock, Common, Shares | 500.0M | 495.0M | 493.0M | — |
| Treasury Stock, Value | ($41.8B) | ($41.0B) | ($40.3B) | ($39.5B) |
| Stockholders' Equity Attributable to Parent | $20.4B | $18.0B | $18.5B | $17.1B |
| Stockholders' Equity Attributable to Noncontrolling Interest | $141.0M | $130.0M | $134.0M | $124.0M |
| Total Equity | $20.5B | $18.2B | $18.6B | $17.3B |
| Liabilities and Equity | $107.4B | $99.5B | $100.5B | $92.2B |
| Line item | Sep 5, 2026 | Jun 13, 2026 | Mar 21, 2026 | Sep 6, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $10.7B | $10.3B | $10.5B | $8.1B |
| Short-term investments | $488.0M | $465.0M | $353.0M | $535.0M |
| Accounts and Financing Receivable, after Allowance for Credit Loss, Current | $13.6B | $13.5B | $12.2B | $12.6B |
| Raw materials and packaging | $2.8B | $2.9B | $2.7B | $2.8B |
| Work-in-process | $175.0M | $163.0M | $133.0M | $154.0M |
| Finished goods | $3.5B | $3.6B | $3.4B | $3.1B |
| Inventory, Net, Total | $6.4B | $6.7B | $6.2B | $6.1B |
| Prepaid expenses and other current assets | $1.3B | $1.8B | $1.7B | $1.3B |
| Total Current Assets | $32.6B | $32.8B | $30.9B | $28.7B |
| Property, plant and equipment | $62.4B | $62.0B | $61.5B | $59.3B |
| Accumulated depreciation | ($32.7B) | ($32.2B) | ($31.7B) | ($30.3B) |
| Property, Plant and Equipment, net | $29.7B | $29.8B | $29.8B | $29.1B |
| Amortizable Intangible Assets, net | $1.2B | $1.2B | $1.2B | $1.2B |
| Goodwill | $18.9B | $19.1B | $19.0B | $18.8B |
| Intangible Asset, Excluding Goodwill, Indefinite-Lived | $14.0B | $14.0B | $13.9B | $13.6B |
| Investments in Noncontrolled Affiliates | $2.2B | $2.2B | $2.1B | $2.1B |
| Deferred Income Taxes | $4.3B | $4.5B | $4.6B | $4.3B |
| Other Assets | $9.1B | $8.7B | $9.1B | $8.7B |
| Total Assets | $112.0B | $112.2B | $110.6B | $106.6B |
| Short-term debt obligations | $9.2B | $10.6B | $10.2B | $6.7B |
| Accounts payable and other current liabilities | $25.3B | $24.5B | $24.3B | $24.8B |
| Total Current Liabilities | $34.5B | $35.1B | $34.5B | $31.5B |
| Long-Term Debt Obligations | $42.7B | $42.6B | $42.6B | $44.1B |
| Deferred Income Taxes | $4.1B | $4.1B | $4.0B | $3.5B |
| Other Liabilities | $8.2B | $8.1B | $8.0B | $7.9B |
| Total Liabilities | $89.5B | $89.9B | $89.1B | $87.0B |
| Common stock, issued (in shares) | 1.4B | 1.4B | 1.4B | 1.4B |
| Common stock, par value 12/3¢ per share (authorized 3,600 shares; issued, net of repurchased common stock at par value: 1,364 and 1,367 shares, respectively) | $23000000.00 | $23000000.00 | $23000000.00 | $23000000.00 |
| Capital in excess of par value | $4.5B | $4.4B | $4.4B | $4.4B |
| Retained earnings | $75.1B | $74.1B | $73.2B | $72.2B |
| Accumulated other comprehensive loss | ($15.0B) | ($14.3B) | ($14.3B) | ($15.6B) |
| Repurchased common stock, in excess of par value (503 and 500 shares, respectively) | -42.4B | -42.1B | -41.9B | -41.6B |
| Total PepsiCo Common Shareholders’ Equity | $22.3B | $22.1B | $21.4B | $19.4B |
| Noncontrolling interests | $195.0M | $172.0M | $153.0M | $155.0M |
| Total Equity | $22.5B | $22.3B | $21.5B | $19.5B |
| Total Liabilities and Equity | $112.0B | $112.2B | $110.6B | $106.6B |
| Treasury Stock, Common, Shares | 503.0M | 501.0M | 499.0M | 498.0M |
| Common stock, authorized (in shares) | 3.6B | 3.6B | 3.6B | 3.6B |
| Line item | Dec 27, 2025 · FY | Dec 28, 2024 · FY | Dec 30, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $8.3B | $9.6B | $9.2B | $9.0B |
| Depreciation and amortization | $3.5B | $3.2B | $2.9B | $2.8B |
| Impairment and other charges | $1.9B | $714.0M | $1.2B | $3.6B |
| Product recall-related impact | $0 | $187.0M | $136.0M | — |
| Payments for product recall-related impact | ($6.0M) | ($148.0M) | — | — |
| Operating lease right-of-use asset amortization | $727.0M | $655.0M | $570.0M | $517.0M |
| Share-based compensation expense | $288.0M | $362.0M | $380.0M | $343.0M |
| Restructuring Charges | $983.0M | $727.0M | $445.0M | $411.0M |
| Cash payments for restructuring charges | ($796.0M) | ($436.0M) | ($434.0M) | ($224.0M) |
| Pension and retiree medical plan expenses | $504.0M | $414.0M | $150.0M | $419.0M |
| Pension and retiree medical plan contributions | ($472.0M) | ($348.0M) | ($410.0M) | ($384.0M) |
| Deferred income taxes and other tax charges and credits | $71.0M | ($42.0M) | ($271.0M) | ($873.0M) |
| Tax payments related to the TCJ Act | ($772.0M) | ($579.0M) | ($309.0M) | ($309.0M) |
| Accounts and notes receivable | ($580.0M) | ($138.0M) | ($793.0M) | ($1.8B) |
| Inventories | ($150.0M) | ($314.0M) | ($261.0M) | ($1.1B) |
| Prepaid expenses and other current assets | $195.0M | $40.0M | ($13.0M) | $118.0M |
| Accounts payable and other current liabilities | ($677.0M) | ($1.2B) | $420.0M | $1.8B |
| Income taxes payable | ($433.0M) | ($123.0M) | $310.0M | $57.0M |
| Other, net | ($712.0M) | ($307.0M) | $189.0M | ($359.0M) |
| Net Cash Provided by Operating Activities | $12.1B | $12.5B | $13.4B | $10.8B |
| Capital spending | ($4.4B) | ($5.3B) | ($5.5B) | ($5.2B) |
| Sales of property, plant and equipment | $528.0M | $342.0M | $198.0M | $251.0M |
| Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets | ($3.4B) | ($256.0M) | ($314.0M) | ($873.0M) |
| Divestitures, sales of investments in noncontrolled affiliates and other assets | $39.0M | $166.0M | $75.0M | $49.0M |
| More than three months - purchases | ($190.0M) | ($425.0M) | ($555.0M) | ($291.0M) |
| More than three months - maturities | $605.0M | $0 | $556.0M | $150.0M |
| More than three months - Sales | $0 | $0 | $12.0M | — |
| Three months or less, net | $45.0M | $5.0M | $3.0M | $24.0M |
| Other investing, net | ($100.0M) | $14.0M | $48.0M | $11.0M |
| Net Cash Used for Investing Activities | ($6.9B) | ($5.5B) | ($5.5B) | ($2.4B) |
| Proceeds from issuances of long-term debt | $8.2B | $4.0B | $5.5B | $3.4B |
| Payments of long-term debt | ($4.1B) | ($3.9B) | ($3.0B) | ($2.5B) |
| More than three months - proceeds | $6.4B | $5.8B | $5.4B | $2.0B |
| More than three months - payments | ($7.9B) | ($5.6B) | ($3.1B) | ($2.0B) |
| Three months or less, net | $1.2B | $392.0M | ($29.0M) | ($31.0M) |
| Cash dividends paid | ($7.6B) | ($7.2B) | ($6.7B) | ($6.2B) |
| Share repurchases - common | ($1.0B) | ($1.0B) | ($1.0B) | ($1.5B) |
| Proceeds from exercises of stock options | $97.0M | $166.0M | $116.0M | $138.0M |
| Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted | ($113.0M) | ($135.0M) | ($140.0M) | ($107.0M) |
| Other financing | ($73.0M) | ($53.0M) | ($73.0M) | ($72.0M) |
| Net Cash Used for Financing Activities | ($5.0B) | ($7.6B) | ($3.0B) | ($8.5B) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | $422.0M | ($687.0M) | ($277.0M) | ($465.0M) |
| Net Increase/(Decrease) in Cash and Cash Equivalents and Restricted Cash | $651.0M | ($1.2B) | $4.7B | ($607.0M) |
| Cash and cash equivalents and restricted cash | $9.2B | $8.6B | $9.8B | $5.1B |
| Acquisition and divestiture-related charges | $453.0M | — | $41.0M | $80.0M |
| Line item | Sep 5, 2026 · YTD | Jun 13, 2026 | Mar 21, 2026 · Q1 | Sep 6, 2025 · YTD |
|---|---|---|---|---|
| Net income | $8.4B | $5.3B | $2.3B | $5.7B |
| Depreciation and amortization | $2.5B | $1.6B | $742.0M | $2.3B |
| Impairment and other charges | $0 | $0 | — | $2.0B |
| Operating lease right-of-use asset amortization | $531.0M | $347.0M | $162.0M | $489.0M |
| Share-based compensation expense | $240.0M | $162.0M | $93.0M | $207.0M |
| Restructuring and impairment charges | $367.0M | $182.0M | $133.0M | $567.0M |
| Cash payments for restructuring charges | ($373.0M) | ($264.0M) | ($145.0M) | ($554.0M) |
| Acquisition and divestiture-related charges/credits | ($254.0M) | ($158.0M) | ($113.0M) | $308.0M |
| Cash payments for acquisition and divestiture-related charges | ($24.0M) | ($14.0M) | ($14.0M) | ($80.0M) |
| Pension and retiree medical plan expenses | $227.0M | $30.0M | $13.0M | $164.0M |
| Pension and retiree medical plan contributions | ($355.0M) | ($315.0M) | ($270.0M) | ($400.0M) |
| Deferred income taxes and other tax charges/credits | $663.0M | $494.0M | $226.0M | $30.0M |
| Tax payments related to the Tax Cuts and Jobs Act (TCJ Act) | ($965.0M) | ($965.0M) | — | ($772.0M) |
| Accounts and notes receivable | ($2.1B) | ($1.9B) | ($530.0M) | ($1.7B) |
| Inventories | ($588.0M) | ($802.0M) | ($315.0M) | ($449.0M) |
| Prepaid expenses and other current assets | $27.0M | ($271.0M) | ($406.0M) | ($223.0M) |
| Accounts payable and other current liabilities | ($358.0M) | ($1.2B) | ($1.8B) | ($1.6B) |
| Income taxes payable | $415.0M | $313.0M | $131.0M | $6.0M |
| Other, net | ($422.0M) | ($298.0M) | ($157.0M) | ($441.0M) |
| Net Cash Provided by Operating Activities | $8.0B | $2.4B | $41.0M | $5.5B |
| Capital spending | ($2.2B) | ($1.3B) | ($447.0M) | ($2.5B) |
| Sales of property, plant and equipment | $89.0M | $71.0M | $13.0M | $272.0M |
| Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets | ($148.0M) | ($148.0M) | ($67.0M) | ($3.2B) |
| Payments to Acquire Short-Term Investments | ($105.0M) | $80.0M | — | ($190.0M) |
| More than three months - maturities | $17.0M | $8.0M | $0 | $425.0M |
| Proceeds from Sale of Debt Securities, Available-for-Sale | $14.0M | $14.0M | $14.0M | — |
| Payments for (Proceeds from) Short-term investments, three months or less, net | ($5.0M) | ($10.0M) | ($9.0M) | $43.0M |
| Other investing, net | ($27.0M) | $19.0M | $19.0M | ($117.0M) |
| Net Cash Used for Investing Activities | ($2.3B) | ($1.4B) | ($477.0M) | ($5.2B) |
| Proceeds from issuances of long-term debt | $3.0B | $3.0B | $3.0B | $8.2B |
| Payments of long-term debt | ($2.3B) | ($2.2B) | ($1.6B) | ($3.2B) |
| More than three months - proceeds | $4.6B | $4.0B | $1.9B | $5.5B |
| More than three months - payments | ($3.8B) | ($1.8B) | ($676.0M) | ($5.4B) |
| Three months or less, net | $1.4B | $1.3B | $1.2B | $445.0M |
| Cash dividends paid | ($5.9B) | ($3.9B) | ($2.0B) | ($5.7B) |
| Share repurchases | ($739.0M) | ($479.0M) | ($182.0M) | ($752.0M) |
| Proceeds from exercises of stock options | $107.0M | $99.0M | $93.0M | $76.0M |
| Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted | ($96.0M) | ($95.0M) | ($76.0M) | ($112.0M) |
| Other financing | ($1.0M) | ($2.0M) | ($1.0M) | ($18.0M) |
| Net Cash Used for Financing Activities | ($3.9B) | ($130.0M) | $1.7B | ($1.0B) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | ($175.0M) | $256.0M | $121.0M | $395.0M |
| Net Increase/(Decrease) in Cash and Cash Equivalents and Restricted Cash | $1.5B | $1.1B | $1.3B | ($382.0M) |
| Cash and Cash Equivalents and Restricted Cash, Beginning of Year | $9.2B | $9.2B | $9.2B | $8.6B |
| Cash and Cash Equivalents and Restricted Cash, End of Period | $10.7B | $10.3B | $10.6B | $8.2B |
| Right-of-use assets obtained in exchange for lease obligations | $625.0M | $292.0M | $114.0M | $542.0M |
PepsiCo Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.