PEP · Q1 FY26 · Dec 28, 2025 – Mar 21, 2026
PepsiCo Q1 FY26: where the revenue came from and where it went
PepsiCo Q1 FY26: revenue $19.4B (+9% year over year). Net profit $2.3B. Largest cohort Pepsi Co Beverages North America $6.4B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Dec 28, 2025 – Mar 21, 2026
- Reported
- Apr 16, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$19.4B
+9% year over year
Gross profit$10.7B
55% margin
Operating profit$3.2B
17% margin
Net profit$2.3B
12% margin
The numbers
| 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 |
Older quarters
-
Q2 FY26 6/2026Revenue $24.2B Net margin 12%
-
Q4 FY25 12/2025Revenue $29.3B Net margin 9%
-
Q3 FY25 9/2025Revenue $23.9B Net margin 11%
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