PepsiCo

PEP · Consumer Staples · Market cap $192B

Q2 FY26 Jun 13, 2026 reported Jul 9, 2026

Revenue$24.2B +6% year over year

Gross profit$13.1B

Operating profit$4B

Net profit$3B 12% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 13, 2026).
Item	Value	Share of revenue	Year over year
Revenue	24.2	100%	+6%
Pepsi Co Beverages North America	7.2	30%	+7%
Pepsi Co Foods North America	6.4	26%	−2%
Europe Middle East Africa	5	21%	+10%
Latin America Foods	2.9	12%	+15%
International Beverage Franchise	1.5	6%	+11%
Asia Pacific Foods Segment	1.1	5%	+12%
Cost of revenue	−11.1	46%
Gross profit	13.1	54% margin	+0pp
SG&A	−9.1	38%	−1pp
Operating profit	4	17% margin	+9pp
Tax	−0.8
Interest & other costs	−0.2
Net profit	3	12%	+7pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 21, 2026).
Item	Value	Share of revenue	Year over year
Revenue	19.4	100%	+9%
Pepsi Co Beverages North America	6.4	33%	+9%
Pepsi Co Foods North America	6.3	32%	+2%
Europe Middle East Africa	2.8	14%	+18%
Latin America Foods	1.9	10%	+16%
Asia Pacific Foods Segment	1.1	6%	+11%
International Beverage Franchise	0.8	4%	+9%
Cost of revenue	−8.7	45%
Gross profit	10.7	55% margin	−1pp
SG&A	−7.5	39%	−3pp
Operating profit	3.2	17% margin	+2pp
Tax	−0.6
Interest & other costs	−0.3
Net profit	2.3	12%	+2pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	29.3	100%	+6%
Pepsi Co Foods North America	8.3	28%	+1%
Pepsi Co Beverages North America	8.2	28%	+4%
Europe Middle East Africa	6.1	21%	+12%
Latin America Foods	3.7	13%	+11%
International Beverage Franchise	1.6	5%	+4%
Asia Pacific Foods Segment	1.5	5%	+5%
Cost of revenue	−13.7	47%
Gross profit	15.6	53% margin	+1pp
SG&A	−12.1	41%	−3pp
Operating profit	3.6	12% margin	+4pp
Tax	−0.4
Interest & other costs	−0.7
Net profit	2.5	9%	+3pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 6, 2025).
Item	Value	Share of revenue	Year over year
Revenue	23.9	100%	+3%
Pepsi Co Beverages North America	7.3	31%	+2%
Pepsi Co Foods North America	6.5	27%	+0%
Europe Middle East Africa	5	21%	+9%
Latin America Foods	2.7	11%	+2%
International Beverage Franchise	1.3	5%	+0%
Asia Pacific Foods Segment	1.1	5%	+2%
Cost of revenue	−11.1	46%
Gross profit	12.8	54% margin	−2pp
SG&A	−9.3	38%	−1pp
Operating profit	3.6	15% margin	−2pp
Tax	−0.7
Interest & other costs	−0.3
Net profit	2.6	11%	−2pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Jun 13, 2026	Jul 9, 2026	$24.2B	+6%	17%	$3B	12%
Q1 FY26	Dec 28, 2025 – Mar 21, 2026	Apr 16, 2026	$19.4B	+9%	16%	$2.3B	12%
Q4 FY25	Sep 7 – Dec 27, 2025	Feb 3, 2026	$29.3B	+6%	12%	$2.5B	9%
Q3 FY25	Jun 15 – Sep 6, 2025	Oct 9, 2025	$23.9B	+3%	15%	$2.6B	11%