PepsiCo financials
$128.69+0.15%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 27 | FY24 Dec 28 | FY23 Dec 30 | FY22 Dec 31 | FY21 Dec 25 | FY20 Dec 26 | FY19 Dec 28 | FY18 Dec 29 | FY17 Dec 30 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $93.92B | $91.85B | $91.47B | $86.39B | $79.47B | $70.37B | $67.16B | $64.66B | $63.52B | $62.80B |
| Gross profit | $50.86B | $50.11B | $49.59B | $45.82B | $42.40B | $38.58B | $37.03B | $35.28B | $34.73B | $34.58B |
| Gross margin | 54.1% | 54.6% | 54.2% | 53.0% | 53.3% | 54.8% | 55.1% | 54.6% | 54.7% | 55.1% |
| Operating income | $13.36B | $12.90B | $13.16B | $8.32B | $11.68B | $10.20B | $10.25B | $10.41B | $10.51B | $9.79B |
| Net income | $8.24B | $9.58B | $9.07B | $8.91B | $7.62B | $7.12B | $7.31B | $12.52B | $4.86B | $6.33B |
| Net margin | 8.8% | 10.4% | 9.9% | 10.3% | 9.6% | 10.1% | 10.9% | 19.4% | 7.6% | 10.1% |
| Diluted EPS | $6.00 | $6.95 | $6.56 | $6.42 | $5.49 | $5.12 | $5.20 | $8.78 | $3.38 | $4.36 |
| EBITDA | $16.81B | $16.06B | $16.11B | $14.25B | $14.90B | $13.27B | $13.09B | $12.81B | $12.88B | $12.15B |
| Operating cash flow | $12.09B | $12.51B | $13.44B | $10.81B | $11.62B | $10.61B | $9.65B | $9.41B | $10.03B | $10.66B |
| Free cash flow | $7.67B | $7.19B | $7.92B | $5.60B | $6.99B | $6.37B | $5.42B | $6.13B | $7.06B | $7.62B |
| Diluted shares | 1,373.0M | 1,378.0M | 1,383.0M | 1,387.0M | 1,389.0M | 1,392.0M | 1,407.0M | 1,425.0M | 1,438.0M | 1,452.0M |
Balance sheet
| Period end | Dec 27 | Dec 28 | Dec 30 | Dec 31 | Dec 25 | Dec 26 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.16B | $8.51B | $9.71B | $4.95B | $5.60B | $8.19B |
| Short-term investments | $371.0M | $761.0M | $292.0M | $394.0M | $392.0M | $1.37B |
| Total debt | $49.18B | $44.31B | $44.10B | $39.07B | $40.33B | $44.15B |
| Total assets | $107.40B | $99.47B | $100.50B | $92.19B | $92.38B | $92.92B |
| Total liabilities | $86.85B | $81.30B | $81.86B | $74.91B | $76.23B | $79.37B |
| Shareholders' equity | $20.55B | $18.17B | $18.64B | $17.27B | $16.15B | $13.55B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology