Keurig Dr Pepper Inc. (KDP)
Keurig Dr Pepper Inc. brought in $20.1B of revenue over the twelve months to June 30, 2026, up 27.5% from a year earlier. Net income was $1.4B, a net margin of 7.1%. Operating cash flow minus capital spending left $1.5B of free cash flow in fiscal 2025. At June 30, 2026 it held $1.5B in cash against $24.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 10, 2026.
Key facts about Keurig Dr Pepper Inc.
- Net worth
- Keurig Dr Pepper Inc. has a market value (market cap) of $45.1B at the latest share price, and shareholders' equity of $25B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $16.6B (+8.2% year on year), with net income of $2.1B. Over the 12 months to June 30, 2026: revenue $20.1B, net income $1.4B.
- Cash flow
- In fiscal 2025 operations brought in $2B of cash; after $486M of capital spending, free cash flow was $1.5B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 10, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Keurig Dr Pepper Inc.'s next report is expected around November 19, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Keurig Dr Pepper Inc. declared dividends of $0.92 per share in fiscal 2025, a yield of 2.78% at the current price.
What Keurig Dr Pepper Inc. does
Keurig Dr Pepper produces and distributes non-alcoholic beverages and single-serve brewing systems in North America. Its product portfolio includes carbonated soft drinks, packaged coffee, ready-to-drink teas, juices, and Keurig-branded coffee makers sold to retail stores, grocery chains, and consumers. Its shares trade on NASDAQ under the ticker KDP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $16.6B | $2.1B | $1.53 | $1.5B |
| 2024 | $15.4B | $1.4B | $1.05 | $1.7B |
| 2023 | $14.8B | $2.2B | $1.55 | $904M |
| 2022 | $14.1B | $1.4B | $1.01 | $2.5B |
| 2021 | $12.7B | $2.1B | $1.50 | $2.5B |
| 2020 | $11.6B | $1.3B | $0.93 | $2B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where KDP ranks in Consumer staples
Dividends
Keurig Dr Pepper Inc. declared $0.92 per share in fiscal 2025. At the current price that is a yield of 2.78%. It paid out $1.3B in cash dividends, 60% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.92 | $1.3B | 60% |
| 2024 | $0.89 | $1.2B | 83% |
| 2023 | $0.83 | $1.1B | 52% |
| 2022 | $0.78 | $1.1B | 75% |
| 2021 | $0.71 | $955M | 45% |
| 2020 | $0.60 | $846M | 64% |
Latest SEC filings
What Keurig Dr Pepper Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 1, 2026Other event 8-K
- September 28, 2026Other event 8-K
- September 16, 2026Other event 8-K
- September 1, 2026Other event 8-K
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 76% to $7.3B versus the same quarter last year; diluted EPS $0.04 versus $0.40.
- August 6, 2026Passive stake changed SCHEDULE 13G/A
- August 6, 2026
- July 29, 2026Passive stake changed SCHEDULE 13G/A
What is KDP worth? A DCF from its reported cash flow
Insider trades
What the people running Keurig Dr Pepper Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $250.2K and sold $1.1M worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 14, 2026 | Sandler Debra A.Director | Exercised options | 2,285 | - |
| September 14, 2026 | Shoemaker AnthonyChief Legal Officer | Exercised options | 59,781 | - |
| September 14, 2026 | Shoemaker AnthonyChief Legal Officer | Exercised options | 785 | - |
| September 14, 2026 | Shoemaker AnthonyChief Legal Officer | Shares withheld for tax | 23,833 | $752.6K |
| September 14, 2026 | Gorli EricPresident, US Refreshment Bev. | Exercised options | 3,317 | - |
| September 14, 2026 | Gorli EricPresident, US Refreshment Bev. | Shares withheld for tax | 1,306 | $41.2K |
| September 9, 2026 | DeNooyer Mary BethChief Human Resources Officer | Sold | 12,000 | $387.6K |
| September 8, 2026 | DeNooyer Mary BethChief Human Resources Officer | Sold | 12,000 | $390.6K |
Who owns KDP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Fmr LLC13G, passive with 1 related filers | 12.7% | August 6, 2026 |
| Capital World Investors13G, passive | 8.8% | August 12, 2026 |
| Vanguard Capital Management13G, passive | 7.33% | April 30, 2026 |
| Harris Associates L P13G, passive with 1 related filers | 6.3% | February 17, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 853 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Fmr LLC | 172,397,835 | +26,768,840 |
| BlackRock, Inc. | 143,527,185 | +18,017,673 |
| Capital World Investors | 118,725,548 | +19,695,419 |
| Harris Associates L P | 92,854,297 | -228,016 |
| Vanguard Capital Management LLC | 86,576,404 | +610,704 |
| State Street Corp | 64,129,461 | -993,777 |
| Vanguard Portfolio Management LLC | 62,850,530 | +733,211 |
| Wellington Management Group Llp | 55,939,797 | -5,801,596 |
| Invesco Ltd. | 45,567,265 | +356,850 |
| Geode Capital Management, LLC | 38,550,174 | +5,606,552 |
| Jpmorgan Chase & Co | 31,358,284 | -1,904,932 |
| Barrow Hanley Mewhinney & Strauss LLC | 23,437,371 | +1,566,159 |
| Capital International Investors | 22,732,737 | +2,697,745 |
| Morgan Stanley | 17,161,687 | -9,443,339 |
| Citadel Advisors LLC | 16,662,968 | +14,866,136 |
| Norges Bank | 16,043,089 | new |
| Point72 Asset Management, L.P. | 13,948,539 | +12,965,750 |
| Allspring Global Investments Holdings, LLC | 12,870,084 | -304,737 |
| UBS Group AG | 13,000,825 | +6,600,341 |
| Northern Trust Corp | 11,919,537 | -247,794 |
Insiders
13 insiders reported holding 2,696,324 shares in total, about $89.3M at the last price.
| Holder | Shares |
|---|---|
| Gamgort Robert JamesDirector | 1,951,412 |
| Shoemaker AnthonyChief Legal Officer | 177,014 |
| Johnson Roger FrederickChief Supply Chain Officer | 135,381 |
| Gorli EricPresident, US Refreshment Bev. | 100,304 |
| DeNooyer Mary BethChief Human Resources Officer | 72,171 |
| Stephens Angela A.Senior VP & Controller | 55,786 |
| Cofer Timothy P.CEO & President, Director | 53,436 |
| Singer Robert SDirector | 47,829 |
| Patsley Pamela HDirector | 44,992 |
| Lemire OlivierPresident, U.S. Coffee | 42,626 |
Questions about KDP
What does Keurig Dr Pepper Inc. do?
Keurig Dr Pepper produces and distributes non-alcoholic beverages and single-serve brewing systems in North America. Its product portfolio includes carbonated soft drinks, packaged coffee, ready-to-drink teas, juices, and Keurig-branded coffee makers sold to retail stores, grocery chains, and consumers. Its shares trade on NASDAQ under the ticker KDP.
What is Keurig Dr Pepper Inc.'s net worth?
Keurig Dr Pepper Inc. has a market value (market cap) of $45.1B at the latest share price, and shareholders' equity of $25B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Keurig Dr Pepper Inc. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $1.4B on revenue of $20.1B, a net margin of 7.1%.
How much revenue does Keurig Dr Pepper Inc. make?
Over the twelve months to June 30, 2026 Keurig Dr Pepper Inc. reported revenue of $20.1B. That is 27.5% more than a year earlier.
When did Keurig Dr Pepper Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 10, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the other event from October 1, 2026.
When is Keurig Dr Pepper Inc.'s next earnings report?
Keurig Dr Pepper Inc.'s next report is expected around November 19, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Keurig Dr Pepper Inc. pay a dividend?
Yes. Keurig Dr Pepper Inc. declared dividends of $0.92 per share in fiscal 2025, a yield of 2.78% at the current price.
Similar companies
Compare KDP with
Follow KDP
Get an email when Keurig Dr Pepper Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Keurig Dr Pepper Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.