PepsiCo Quarterly Income Statement
NASDAQ: PEPConsumer StaplesBeverages (Production/Distribution)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PepsiCo revenue and earnings
In the quarter ended Sep 5, 2026, PepsiCo generated $25.27 billion in revenue, up 5.6% from the same quarter a year earlier. Net income was $3.05 billion (+17.1% year over year), for a net margin of 12.1% versus a median of 10.9% in the prior 5 quarters. Gross margin was 54.4% (up from 53.6%) and operating margin 16.9%.
Diluted earnings per share came in at $2.23, up from $1.90.
Summary generated from market data by MetaCap's automated system. Methodology
PepsiCo income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.27B | 24.18B | 19.44B | 29.34B | 23.94B | 22.73B | 17.92B | 27.78B | 23.32B | 22.50B | 18.25B | 27.85B |
| Revenue growth (YoY) | +5.59% | +6.40% | +8.50% | +5.61% | +2.65% | +1.00% | -1.81% | -0.24% | -0.57% | +0.80% | +2.26% | -0.52% |
| Cost of Revenue | 11.52B | 11.07B | 8.71B | 13.72B | 11.11B | 10.30B | 7.93B | 13.18B | 10.40B | 9.92B | 8.25B | 13.10B |
| Gross Profit | 13.75B | 13.11B | 10.73B | 15.62B | 12.82B | 12.42B | 9.99B | 14.60B | 12.92B | 12.58B | 10.00B | 14.75B |
| Operating Expenses | 9.49B | 9.09B | 7.52B | 12.06B | 9.26B | 10.63B | 7.41B | 12.35B | 9.05B | 8.53B | 7.29B | 13.07B |
| Selling, General & Admin | 9.49B | 9.09B | 7.52B | 12.06B | 9.12B | 8.77B | 7.41B | 12.34B | 9.03B | 8.53B | 7.29B | 12.14B |
| Operating Income | 4.26B | 4.02B | 3.21B | 3.56B | 3.57B | 1.79B | 2.58B | 2.25B | 3.87B | 4.05B | 2.72B | 1.68B |
| Interest Expense | 242.00M | 230.00M | 301.00M | 333.00M | 264.00M | 260.00M | 264.00M | 264.00M | 219.00M | 234.00M | 202.00M | 217.00M |
| Pretax Income | 3.90B | 3.85B | 2.97B | 3.00B | 3.33B | 1.57B | 2.34B | 1.81B | 3.69B | 3.87B | 2.57B | 1.53B |
| Income Tax | 834.00M | 848.00M | 632.00M | 445.00M | 713.00M | 292.00M | 499.00M | 275.00M | 749.00M | 776.00M | 520.00M | 209.00M |
| Net Income | 3.05B | 2.98B | 2.33B | 2.54B | 2.60B | 1.26B | 1.83B | 1.52B | 2.93B | 3.08B | 2.04B | 1.30B |
| Net Income growth (YoY) | +17.10% | +136.03% | +26.88% | +66.78% | -11.16% | -59.03% | -10.19% | +16.97% | -5.24% | +12.19% | +5.69% | +151.35% |
| EPS (Basic) | 2.23 | 2.18 | 1.70 | 1.86 | 1.90 | 0.92 | 1.34 | 1.11 | 2.13 | 2.24 | 1.49 | 0.95 |
| EPS (Diluted) | 2.23 | 2.18 | 1.70 | 1.85 | 1.90 | 0.92 | 1.33 | 1.11 | 2.13 | 2.23 | 1.48 | 0.93 |
| Shares Outstanding (Basic) | 1.36B | 1.37B | 1.37B | — | 1.37B | 1.37B | 1.37B | — | 1.37B | 1.38B | 1.38B | — |
| Shares Outstanding (Diluted) | 1.37B | 1.37B | 1.37B | — | 1.37B | 1.37B | 1.38B | — | 1.38B | 1.38B | 1.38B | — |
| EBITDA | 5.15B | 4.92B | 3.96B | 4.69B | 4.39B | 2.60B | 3.27B | 3.29B | 4.61B | 4.79B | 3.36B | 2.66B |
| Gross Margin | 54.42% | 54.22% | 55.19% | 53.23% | 53.57% | 54.66% | 55.77% | 52.56% | 55.42% | 55.92% | 54.81% | 52.97% |
| Operating Margin | 16.86% | 16.64% | 16.53% | 12.12% | 14.91% | 7.87% | 14.41% | 8.10% | 16.60% | 17.99% | 14.89% | 6.04% |
| Net Margin | 12.06% | 12.33% | 11.97% | 8.66% | 10.87% | 5.56% | 10.23% | 5.48% | 12.56% | 13.70% | 11.19% | 4.68% |
This table shows 12 quarterly periods of PepsiCo's income statement, from Q3 2026 back to Q4 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PEP's reporting calendar. What is a income statement?