PepsiCo, Inc.
PEP Consumer Defensive Beverages Non Alcoholic
PepsiCo, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $93.9 billion, up 2.25% from fiscal 2024. In the quarter to September 2026, revenue grew 5.59%, EPS grew 137.0%, free cash flow grew 41.8% and total debt fell 3.30%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for twenty-five consecutive years, revenue growth for five.
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PepsiCo, Inc. 10-Q filed Jul 9, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Apr 16, 2026: 28 added · 3 removed · 45 modified; 8 with only figures updated
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Modified · Risks Associated with International Operations
In the 12 weeks ended June 13, 2026, our financial results outside of North America reflect the months of March
21, April and May. In the 24 weeks ended June 13, 2026, our financial results outside of North America reflect the months of Januaryand Februarythrough May. In the1224 weeks endedMarch 21June 13, 2026, our operations outside of the United States generated3943% of our consolidated net revenue, with Mexico, Russia, Canada, China,Russia,the United Kingdom, Brazil and South Africa, collectively, comprising2325% of our consolidated net revenue. As a result, we are exposed to foreign exchange risks in the international markets in which our products are made, manufactured, distributed or sold. In the 12 weeks endedMarch 21June 13, 2026, favorable foreign exchange contributed to net revenue performance by32 percentage points primarily due to an appreciation of the Mexican peso,and Russian ruble, partially offset by a decline in the Turkish lira. In the 24 weeks ended June 13, 2026, favorable foreign exchange contributed to net revenue performance by 3 percentage points primarily due to an appreciation of the Mexican peso andeuroRussian ruble. Currency declines against the U.S. dollar which are not offset could adversely impact our future financial results.
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