PepsiCo, Inc. (PEP) FY2026 Q1 P&L / Income Statement

Revenue by Business Segment

2025-12-28 to 2026-03-21

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PepsiCo, Inc. (PEP) FY2026 Q1 P&L / Income StatementIncome statement for 2025-12-28 through 2026-03-21. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETPepsiCo Beverages North AmericaPepsiCo Foods North AmericaEurope, Middle East & Africa (Segment)Latin America Foods (Segment)Asia Pacific Foods (Segment)International Beverage FranchiseNet RevenueGross profitCost of salesOperating ProfitOperating expenses (calculated)Selling, general and administrative expensesIncome before income taxesOther income (expense), net (calculated)Net incomeProvision for income taxesNet RevenueNet Revenue$19.44 BGross profitGross profit$10.73 BOperating ProfitOperating Profit$3.21 BIncome before income taxesPretax income$2.97 BNet incomeNet income$2.34 BPepsiCo Beverages North AmericaPepsiCo Beverages North America$6.39 BOperating expenses (calculated)Operating expenses(calculated)$7.52 BProvision for income taxesProvision forincome taxes$632.00 MOther income (expense), net (calculated)Other income,net (calculated)−$243.00 MPepsiCo Foods North AmericaPepsiCo Foods North America$6.33 BSelling, general and administrative expensesSelling, general andadministrative expenses$7.52 BCost of salesCost of sales$8.71 BEurope, Middle East & Africa (Segment)Europe, Middle East& Africa (Segment)$2.82 BLatin America Foods (Segment)Latin America Foods (Segment)$1.93 BAsia Pacific Foods (Segment)Asia Pacific Foods (Segment)$1.14 BInternational Beverage FranchiseInternational Beverage Franchise$824.00 M
Chart details

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.
PepsiCo, Inc. (PEP) FY2026 Q1 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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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