Financials in USD. Standardized financial statements.
A compact view of how PepsiCo, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $93.92B | $91.85B | $91.47B | $86.39B | $79.47B | $70.37B | $67.16B | $64.66B | $63.52B | $62.80B |
| Revenue Growth? | +2.3% | +0.4% | +5.9% | +8.7% | +12.9% | +4.8% | +3.9% | +1.8% | +1.2% | 0.0% |
| Cost of Revenue? | $43.07B | $41.74B | $41.88B | $40.58B | $37.08B | $31.80B | $30.13B | $29.38B | $28.80B | $28.22B |
| 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 Expenses? | $37.37B | $37.22B | $37.60B | $34.30B | $31.24B | $28.50B | $26.74B | $25.17B | $24.45B | $24.77B |
| Operating Income? | $13.49B | $12.89B | $11.99B | $11.51B | $11.16B | $10.08B | $10.29B | $10.11B | $10.28B | $9.80B |
| EBITDA? | $15.54B | $16.68B | $15.75B | $14.92B | $14.90B | $13.22B | $13.09B | $12.81B | $13.12B | $12.26B |
| Income Before Tax | $10.24B | $11.95B | $11.42B | $10.71B | $9.82B | $9.07B | $9.31B | $9.19B | $9.60B | $8.55B |
| Income Tax Expense | $1.95B | $2.32B | $2.26B | $1.73B | $2.14B | $1.89B | $1.96B | -$3.37B | $4.69B | $2.17B |
| Net Income? | $8.24B | $9.58B | $9.07B | $8.91B | $7.62B | $7.12B | $7.31B | $12.52B | $4.86B | $6.33B |
| EPS? | $6.03 | $6.98 | $6.59 | $6.46 | $5.51 | $5.14 | $5.23 | $8.84 | $3.42 | $4.39 |
| Diluted EPS? | $6.00 | $6.95 | $6.56 | $6.42 | $5.48 | $5.11 | $5.20 | $8.78 | $3.38 | $4.36 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality