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 Oct 8, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 9, 2026: 19 added · 16 removed · 43 modified; 12 with only figures updated; 1 moved without change
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Modified · Risks Associated with International Operations
In the 12 weeks ended
June 13September 5, 2026, our financial results outside of North America reflect the months ofMarchJune,AprilJuly andMayAugust. In the2436 weeks endedJune 13September 5, 2026, our financial results outside of North America reflect the months of January throughMayAugust. In the2436 weeks endedJune 13September 5, 2026, our operations outside of the United States generated4345% of our consolidated net revenue, with Mexico, Russia, Canada, China, the United Kingdom, Brazil and South Africa, collectively, comprising 25% 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 endedJune 13September 5, 2026, favorable foreign exchange contributed 1 percentage point to net revenue performanceby 2 percentage points, primarily due to an appreciation of the Mexican peso andRussian rubleSouth African rand, partially offset by a decline in the Turkish lira. In the2436 weeks endedJune 13September 5, 2026, favorable foreign exchange contributed 2 percentage points to net revenue performanceby 3 percentage points, primarily due toanappreciation of the Mexican peso and Russian ruble, partially offset by a decline in the Turkish lira. Currency declines against the U.S. dollar which are not offset could adversely impact our future financial results.
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