PepsiCo Quarterly Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
PepsiCo free cash flow
In the quarter ended Sep 5, 2026, PepsiCo generated $5.58 billion of operating cash flow and spent $916.0 million on capital expenditures. That left free cash flow of $4.67 billion, a free-cash-flow margin of 18.5% of revenue. Free cash flow was up 34.2% from the prior year's $3.48 billion.
PepsiCo returned $2.28 billion to shareholders: $2.02 billion in dividends and $260.0 million in share repurchases, equal to 49% of free cash flow. Free cash flow covered dividend payments 2.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
PepsiCo cash flow statement (quarterly)
| Quarter (USD) | Q3 20262026-09-05 | Q2 20262026-06-13 | Q1 20262026-03-21 | Q4 20252025-12-27 | Q3 20252025-09-06 | Q2 20252025-06-14 | Q1 20252025-03-22 | Q4 20242024-12-28 | Q3 20242024-09-07 | Q2 20242024-06-15 | Q1 20242024-03-23 | Q4 20232023-12-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.07B | 3.00B | 2.34B | 2.56B | 2.62B | 1.28B | 1.84B | 1.53B | 2.94B | 3.09B | 2.05B | 1.32B |
| Net Income growth (YoY) | +17.27% | +134.87% | +26.86% | +66.56% | -11.10% | -58.66% | -10.23% | +15.86% | -5.49% | +11.66% | +5.61% | +147.48% |
| Depreciation & Amortization | 892.00M | 897.00M | 742.00M | 1.14B | 824.00M | 807.00M | 684.00M | 1.04B | 739.00M | 738.00M | 641.00M | 975.00M |
| Stock-Based Compensation | 78.00M | 69.00M | 93.00M | 81.00M | 76.00M | 54.00M | 77.00M | 102.00M | 77.00M | 86.00M | 97.00M | 113.00M |
| Change in Working Capital | 1.35B | 295.00M | -2.57B | 1.69B | 918.00M | -21.00M | -3.22B | 1.79B | 1.02B | 12.00M | -4.04B | 1.72B |
| Operating Cash Flow | 5.58B | 2.32B | 41.00M | 6.62B | 4.47B | 1.97B | -973.00M | 6.29B | 4.91B | 2.36B | -1.04B | 5.81B |
| Capital Expenditures | -916.00M | -819.00M | -447.00M | -1.92B | -992.00M | -904.00M | -603.00M | -2.47B | -1.15B | -1.09B | -614.00M | -2.98B |
| Investing Cash Flow | -955.00M | -915.00M | -477.00M | -1.64B | -1.11B | -2.90B | -1.23B | -2.51B | -1.51B | -892.00M | -562.00M | -3.12B |
| Dividends Paid | -2.02B | -1.95B | -1.97B | -1.95B | -1.95B | -1.86B | -1.88B | -1.86B | -1.86B | -1.74B | -1.77B | -1.74B |
| Share Repurchases | -260.00M | -297.00M | -182.00M | -248.00M | -258.00M | -311.00M | -183.00M | -240.00M | -299.00M | -315.00M | -146.00M | -249.00M |
| Debt Issued | 4.00M | 10.00M | 2.96B | 10.00M | 4.66B | 16.00M | 3.50B | 28.00M | 2.25B | 4.00M | 1.76B | 2.50B |
| Debt Repaid | -107.00M | -592.00M | -1.63B | -837.00M | -702.00M | -1.00B | -1.54B | -1.00B | -1.00M | -1.63B | -1.25B | -752.00M |
| Financing Cash Flow | -3.77B | -1.79B | 1.66B | -3.97B | -2.88B | 100.00M | 1.77B | -2.27B | -2.38B | -2.91B | 10.00M | -3.04B |
| Net Change in Cash | 425.00M | -248.00M | 1.35B | 1.03B | 459.00M | -607.00M | -234.00M | 1.21B | 925.00M | -1.71B | -1.63B | -370.00M |
| Free Cash Flow | 4.67B | 1.50B | -406.00M | 4.70B | 3.48B | 1.06B | -1.58B | 3.82B | 3.76B | 1.27B | -1.66B | 2.83B |
This table shows 12 quarterly periods of PepsiCo's cash flow statement, from Q3 2026 back to Q4 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PEP's reporting calendar. What is a cash flow statement?