Pepsico Inc (PEP)
Pepsico Inc brought in $98.2B of revenue over the twelve months to September 5, 2026. Net income was $10.9B, a net margin of 11.1%. Operating cash flow minus capital spending left $7.7B of free cash flow in fiscal 2025. At September 5, 2026 it held $10.7B in cash against $42.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 8, 2026.
Key facts about Pepsico Inc
- Net worth
- Pepsico Inc has a market value (market cap) of $179.5B at the latest share price, and shareholders' equity of $22.3B on its balance sheet at September 5, 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 $93.9B (+2.3% year on year), with net income of $8.2B. Over the 12 months to September 5, 2026: revenue $98.2B, net income $10.9B.
- Cash flow
- In fiscal 2025 operations brought in $12.1B of cash; after $4.4B of capital spending, free cash flow was $7.7B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 8, 2026 and covers the period to September 5, 2026. Open on SEC EDGAR
- Next earnings report
- Pepsico Inc's next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Pepsico Inc declared dividends of $5.62 per share in fiscal 2025, a yield of 4.28% at the current price.
What Pepsico Inc does
PepsiCo manufactures, markets, and sells carbonated and non-carbonated beverages, grain-based snacks, and other food products. Its customer base includes grocery stores, restaurants, and wholesale distributors who sell to consumers worldwide. It is known for brands such as Pepsi, Lay's, Doritos, Gatorade, Quaker Oats, and Tropicana. Its shares trade on NASDAQ under the ticker PEP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $93.9B | $8.2B | $6.00 | $7.7B |
| 2024 | $91.9B | $9.6B | $6.95 | $7.2B |
| 2023 | $91.5B | $9.1B | $6.56 | $7.9B |
| 2022 | $86.4B | $8.9B | $6.42 | $5.6B |
| 2021 | $79.5B | $7.6B | $5.49 | $7B |
| 2020 | $70.4B | $7.1B | $5.12 | $6.4B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PEP ranks in Consumer staples
Dividends
Pepsico Inc declared $5.62 per share in fiscal 2025. At the current price that is a yield of 4.28%. It paid out $7.6B in cash dividends, 93% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $5.62 | $7.6B | 93% |
| 2024 | $5.33 | $7.2B | 75% |
| 2023 | $4.95 | $6.7B | 74% |
| 2022 | $4.53 | $6.2B | 69% |
| 2021 | $4.25 | $5.8B | 76% |
| 2020 | $4.02 | $5.5B | 77% |
Latest SEC filings
What Pepsico Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 16, 2026Other event 8-K
- October 8, 2026Quarterly results8-KPepsiCo reported a 5.6% increase in third-quarter net revenue to $25,274 million and updated its fiscal 2026 financial guidance.
- October 8, 2026Quarterly report10-Q · period to September 5, 2026PepsiCo reported higher revenue and operating profit for the quarter, driven by productivity savings, pricing, and tariff refunds.Revenue rose 5.6% to $25.3B versus the same quarter last year; diluted EPS $2.23 versus $1.90.
- September 17, 2026Executive or director change8-KPepsiCo elected Johnson & Johnson Chairman and CEO Joaquin Duato to its Board of Directors, effective December 1, 2026.
- July 9, 2026
- July 9, 2026Quarterly report 10-Q · period to June 13, 2026Revenue rose 6.4% to $24.2B versus the same quarter last year; diluted EPS $2.18 versus $0.92.
- June 18, 2026
- May 29, 2026
- May 22, 2026Other event 8-K
- May 8, 2026
What is PEP worth? A DCF from its reported cash flow
Insider trades
What the people running Pepsico Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $23.7M and sold $404.7K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 14, 2026 | Pohlad Robert CDirector | Boughtindirect | 84,507 | $10.8M |
| October 14, 2026 | Pohlad Robert CDirector | Boughtindirect | 45,075 | $5.8M |
| October 14, 2026 | Pohlad Robert CDirector | Boughtindirect | 45,075 | $5.8M |
| October 14, 2026 | Pohlad Robert CDirector | Boughtindirect | 9,989 | $1.3M |
| October 1, 2026 | Gass MichelleDirector | Received as pay | 1,592 | $200K |
| October 1, 2026 | Pohlad Robert CDirector | Received as pay | 1,592 | $200K |
| October 1, 2026 | Conde CesarDirector | Received as pay | 1,592 | $200K |
| October 1, 2026 | Bailey JenniferDirector | Received as pay | 1,592 | $200K |
Who owns PEP
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 |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.51% | April 29, 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. 3,401 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 118,281,854 | +2,440,377 |
| Vanguard Capital Management LLC | 89,257,968 | +450,194 |
| State Street Corp | 60,406,932 | +987,582 |
| Invesco Ltd. | 43,113,398 | +2,369,921 |
| Vanguard Portfolio Management LLC | 37,159,425 | +704,386 |
| Charles Schwab Investment Management Inc | 36,096,064 | +5,885,256 |
| Geode Capital Management, LLC | 34,977,755 | +365,936 |
| Jpmorgan Chase & Co | 30,596,336 | -4,202,596 |
| Morgan Stanley | 26,615,206 | +34,032 |
| Bank of America Corp | 20,350,877 | -932,824 |
| Norges Bank | 19,416,811 | new |
| Goldman Sachs Group Inc | 16,937,736 | +4,679,738 |
| Northern Trust Corp | 14,311,127 | -542,007 |
| Franklin Resources Inc | 12,328,717 | +214,981 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 11,817,684 | +549,336 |
| Wells Fargo & Company | 11,271,489 | -165,871 |
| Bank of New York Mellon Corp | 10,716,001 | -398,153 |
| Legal & General Group Plc | 8,864,652 | -30,122 |
| Fisher Asset Management, LLC | 8,676,821 | +166,484 |
| Deutsche Bank AG\ | 8,533,926 | -478,978 |
Insiders
22 insiders reported holding 2,194,569 shares in total, about $288.6M at the last price.
| Holder | Shares |
|---|---|
| Pohlad Robert CDirector | 624,595433,009 held indirectly |
| Laguarta RamonChairman and CEO, Director | 521,645 |
| Popovici SilviuCEO, Europe and MEA | 170,890 |
| Krishnan RamkumarCEO, North America | 116,32621,332 held indirectly |
| Kanioura AthinaCEO, LATAM Foods and EVP, S&T | 115,546 |
| Vasella DanielDirector | 95,259 |
| Willemsen EugeneCEO, International Beverages | 85,09820,342 held indirectly |
| Schmitt Stephen T.EVP & Chief Financial Officer | 78,751 |
| Flavell DavidEVP, Gen Counsel & Corp Sec | 74,825 |
| Schmitt BeckyEVP and Chief People Officer | 64,358 |
Questions about PEP
What does Pepsico Inc do?
PepsiCo manufactures, markets, and sells carbonated and non-carbonated beverages, grain-based snacks, and other food products. Its customer base includes grocery stores, restaurants, and wholesale distributors who sell to consumers worldwide. It is known for brands such as Pepsi, Lay's, Doritos, Gatorade, Quaker Oats, and Tropicana. Its shares trade on NASDAQ under the ticker PEP.
What is Pepsico Inc's net worth?
Pepsico Inc has a market value (market cap) of $179.5B at the latest share price, and shareholders' equity of $22.3B on its balance sheet at September 5, 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 Pepsico Inc profitable?
Yes. Over the twelve months to September 5, 2026 it reported net income of $10.9B on revenue of $98.2B, a net margin of 11.1%.
How much revenue does Pepsico Inc make?
Over the twelve months to September 5, 2026 Pepsico Inc reported revenue of $98.2B.
When did Pepsico Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 8, 2026. It covers the period to September 5, 2026. Its newest filing of any kind is the other event from October 16, 2026.
When is Pepsico Inc's next earnings report?
Pepsico Inc's next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Pepsico Inc pay a dividend?
Yes. Pepsico Inc declared dividends of $5.62 per share in fiscal 2025, a yield of 4.28% at the current price.
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Where the numbers come from
Financial figures are the values Pepsico 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.