PepsiCo, Inc. (PEP) FY2026 Q1 P&L / Income Statement
2025-12-28 to 2026-03-21
Revenue by Business Segment
2025-12-28 to 2026-03-21
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PepsiCo, Inc. (PEP) FY2026 Q1 P&L / Income Statement
Income statement for 2025-12-28 through 2026-03-21. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net Revenue
- 19,443,000,000 US dollars
- Cost of sales
- 8,712,000,000 US dollars
- Gross profit
- 10,731,000,000 US dollars
- Operating expenses (calculated)
- 7,518,000,000 US dollars
- Operating Profit
- 3,213,000,000 US dollars
- Other income (expense), net (calculated)
- negative 243,000,000 US dollars
- Income before income taxes
- 2,970,000,000 US dollars
- Provision for income taxes
- 632,000,000 US dollars
- Net income
- 2,338,000,000 US dollars
- PepsiCo Foods North America
- 6,332,000,000 US dollars
- PepsiCo Beverages North America
- 6,391,000,000 US dollars
- International Beverage Franchise
- 824,000,000 US dollars
- Europe, Middle East & Africa (Segment)
- 2,823,000,000 US dollars
- Latin America Foods (Segment)
- 1,934,000,000 US dollars
- Asia Pacific Foods (Segment)
- 1,139,000,000 US dollars
- Selling, general and administrative expenses
- 7,518,000,000 US dollars
- PepsiCo Foods North America costs (calculated)
- 4,903,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- PepsiCo Beverages North America costs (calculated)
- 5,655,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- International Beverage Franchise costs (calculated)
- 503,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Europe, Middle East & Africa (Segment) costs (calculated)
- 2,545,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Latin America Foods (Segment) costs (calculated)
- 1,506,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Asia Pacific Foods (Segment) costs (calculated)
- 922,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 196,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to PepsiCo, Inc.: $2.33 B; to noncontrolling interests: $11.00 M.

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Gross margin
55.2%
Gross profit / revenue
Operating margin
16.5%
Operating profit / revenue
Cash conversion
1.8%
Operating cash / net income, same period
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