Keurig Dr Pepper Inc. (KDP) Financials

Key financial figures for Keurig Dr Pepper Inc. (Q2 2026).

Keurig Dr Pepper Q2 2026 net sales jump 75.6% to $7.3 billion on JDE Peet's consolidation; adjusted EPS rises 16.3% to $0.57, legacy KDP business grows net sales 7.3%. Total net sales rose 75.6% year-over-year to $7.31 billion (74.6% on a constant currency basis), driven primarily by the consolidation of the JDE Peet's acquisition, which closed April 1, 2026; excluding JDE Peet's, legacy KDP net sales grew 7.3%. Adjusted diluted EPS increased 16.3% to $0.57, while GAAP diluted EPS fell to $0.04 from a much higher prior-year base, reflecting acquisition and integration-related items affecting comparability. U.S. Refreshment Beverages net sales grew 10.0% to $2.9 billion on volume/mix growth and favorable pricing; U.S. On the outlook: Reaffirmed full-year 2026 guidance: net sales of $25.9-$26.4 billion and constant currency Adjusted diluted EPS growth in a low-double-digit range, comprised of 4-6% constant currency net sales growth and 4-6% constant currency Adjusted diluted EPS growth for legacy KDP plus an incremental contribution from the JDE Peet's acquisition; foreign currency translation forecasted to approximate a one percentage point tailwind to full year net sales and EPS growth; company expects to end 2026 with a pro-forma management leverage ratio of approximately 4.1x. Figures are for Q2 2026, as Keurig Dr Pepper Inc. reported them.

Revenue
$7.3B
Net Income
$210M
EPS
$0.04
Total Assets
$87.6B
Operating Cash Flow
$895M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$7.3B$142M$0.049.15%$714M
Q1 FY2026$4.0B$270M$0.2019.01%$165M
Q4 FY2025$4.5B$353M$0.2621.32%$566M
Q3 FY2025$4.3B$662M$0.4923.11%$527M
Q2 FY2025$4.2B$547M$0.4021.57%$323M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$16.6B$2.1B$1.5322%$1.5B
FY2024$15.4B$1.4B$1.0521.56%$1.7B
FY2023$14.8B$2.2B$1.5521.56%$848M

Frequently asked questions

What was Keurig Dr Pepper Inc.'s revenue last quarter?

Keurig Dr Pepper Inc. reported revenue of $7.31 billion for Q2 FY2026, up 75.6% from the same period a year earlier.

Is Keurig Dr Pepper Inc. profitable?

Yes. Keurig Dr Pepper Inc. reported net income of $142.0 million for Q2 FY2026, a net margin of 1.94% on revenue.

How has Keurig Dr Pepper Inc.'s margin trended?

Operating margin was 9.15% in Q2 FY2026, compared with 21.57% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Keurig Dr Pepper Inc. generate?

Keurig Dr Pepper Inc. generated free cash flow of $714.0 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Keurig Dr Pepper Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.