PepsiCo, Inc. (PEP) — Financial statements
Income statement, balance sheet, and cash flow for PepsiCo, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 93,925↑2.3% | 91,854↑0.4% | 91,471↑5.9% | 86,392↑8.7% | 79,474 | |
| Cost of Revenue | 43,066↑3.2% | 41,744↓0.3% | 41,881↑3.2% | 40,576↑9.4% | 37,075 | |
| Gross Profit | 50,859↑1.5% | 50,110↑1.0% | 49,590↑8.2% | 45,816↑8.1% | 42,399 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 37,368↑0.5% | 37,190↑1.4% | 36,677↑6.4% | 34,459↑10.3% | 31,237 | |
| Other Expenses | 0.00↓100.0% | 33↓96.4% | 927↑698.1% | -155 | 0.00 | |
| Operating Expenses | 37,368↑0.4% | 37,223↓1.0% | 37,604↑9.6% | 34,304↑9.8% | 31,237 | |
| Total Costs & Expenses | 80,434↑1.9% | 78,967↓0.7% | 79,485↑6.1% | 74,880↑9.6% | 68,312 | |
| Operating Results | ||||||
| Operating Income | 13,491↑4.7% | 12,887↑7.5% | 11,986↑4.1% | 11,512↑3.1% | 11,162 | |
| Depreciation & Amortization | 4,178↑9.5% | 3,815↑8.4% | 3,518↑7.3% | 3,280↑2.0% | 3,215 | |
| EBITDA | 15,543↓6.8% | 16,680↑5.9% | 15,754↑5.6% | 14,924↑0.2% | 14,899 | |
| EBIT | 11,365↓11.7% | 12,865↑5.1% | 12,236↑5.1% | 11,644↓0.3% | 11,684 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,121↓22.0% | -919↓12.2% | -819↑12.8% | -939↑49.6% | -1,863 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 1,121↑22.0% | 919↑12.2% | 819↓12.8% | 939↓49.6% | 1,863 | |
| Non-Operating Income | 2,126↑9563.6% | 22↑108.8% | -250↓89.4% | -132↑74.7% | -522 | |
| Other Income / Expenses | -3,247↓245.1% | -941↓65.4% | -569↑29.5% | -807↑39.8% | -1,341 | |
| Income Before Tax | 10,244↓14.2% | 11,946↑4.6% | 11,417↑6.7% | 10,705↑9.0% | 9,821 | |
| Income Tax Expense | 1,949↓16.0% | 2,320↑2.6% | 2,262↑31.0% | 1,727↓19.4% | 2,142 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 8,295↓13.8% | 9,626↑5.1% | 9,155↑2.0% | 8,978↑16.9% | 7,679 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 8,240↓14.0% | 9,578↑5.6% | 9,074↑1.8% | 8,910↑17.0% | 7,618 | |
| Bottom-Line Net Income | 8,240↓14.0% | 9,578↑5.6% | 9,074↑1.8% | 8,910↑17.0% | 7,618 | |
| EPS (Basic) | 6.03↓13.6% | 6.98↑5.9% | 6.59↑2.0% | 6.46↑17.2% | 5.51 | |
| EPS (Diluted) | 6.00↓13.7% | 6.95↑5.9% | 6.56↑2.2% | 6.42↑17.2% | 5.48 | |
| Weighted Average Shares | 1,367↓0.4% | 1,373↓0.2% | 1,376↓0.3% | 1,380↓0.1% | 1,382 | |
| Weighted Average Diluted Shares | 1,373↓0.4% | 1,378↓0.4% | 1,383↓0.3% | 1,387↓0.1% | 1,389 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.