PEPSICO INC (PEP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	98.2B	93.9B	91.9B	91.5B	86.4B
Cost of Revenue	45.0B	43.1B	41.7B	41.9B	40.6B
Gross Profit	53.2B	50.9B	50.1B	49.6B	45.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	38.2B	37.4B	37.2B	36.7B	34.5B
General & Admin Expense	12.1B	37.4B	37.2B	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	2.0B	33.0M	927.0M	(155.0M)
Total Operating Expenses	38.2B	39.4B	37.2B	37.6B	34.3B
Cost and Expenses	83.2B	82.4B	79.0B	79.5B	74.9B
Operating Income (EBIT)	15.1B	11.5B	12.9B	12.0B	11.5B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	1.1B	1.1B	919.0M	819.0M	939.0M
Net Interest Income	(1.1B)	(1.1B)	(919.0M)	(819.0M)	(939.0M)
Other Non-Op Income/Expense	(1.3B)	(1.3B)	(941.0M)	(569.0M)	(807.0M)
Non-Operating Income (excl Interest)	221.0M	133.0M	22.0M	(250.0M)	(132.0M)
EBT (Pre-Tax Income)	13.7B	10.2B	11.9B	11.4B	10.7B
Income Tax Expense	2.8B	1.9B	2.3B	2.3B	1.7B
Bottom Line
Net Income	10.9B	8.2B	9.6B	9.1B	8.9B
Earnings from Cont. Ops	11.0B	8.3B	9.6B	9.2B	9.0B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	10.9B	8.2B	9.6B	9.1B	8.9B
Per Share
Basic EPS	$7.97	$6.03	$6.98	$6.59	$6.46
Diluted EPS	$7.96	$6.00	$6.95	$6.56	$6.42
Revenue Per Share	$72.02	$68.69	$66.90	$66.48	$62.60
Shares
Basic Shares Outstanding	1.4B	1.4B	1.4B	1.4B	1.4B
Diluted Shares Outstanding	1.4B	1.4B	1.4B	1.4B	1.4B
Profitability Metrics
EBITDA	19.3B	15.5B	16.7B	15.8B	14.9B
D&A	4.4B	4.2B	3.8B	3.5B	3.3B
EBIT	14.8B	11.4B	12.9B	12.2B	11.6B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026