PepsiCo, Inc. (PEP) Financials
Key financial figures for PepsiCo, Inc. (Q3 2026).
PepsiCo lowered its 2026 core EPS growth outlook to +2.5% to +3.5% as third-quarter net revenue rose 5.6% to $25.3 billion with 3.1% organic growth. Net revenue was $25.27 billion, up 5.6% from a year earlier; organic revenue rose 3.1%, with a 1.7-point net benefit from acquisitions and divestitures and a 0.7-point benefit from foreign exchange. Year to date, net revenue is $68.9 billion (+6.7%). GAAP EPS was $2.23 (+17%) and core EPS was $2.34 (+2%). GAAP operating profit of $4.26 billion (+19%) benefited from a favorable net impact of acquisition and divestiture-related items and commodity mark-to-market gains, and the prior-year quarter carried a $133 million intangible asset impairment, primarily the Rockstar brand. On the outlook: Fiscal 2026 guidance updated: organic revenue approximately +3% (previously +2% to +4%); net revenue approximately +6% (previously +4% to +6%); core EPS +2.5% to +3.5% (previously the low end of +5% to +7%); core constant currency EPS +1% to +2% (previously the low end of +4% to +6%); core effective tax rate approximately 21% (previously approximately 22%); foreign exchange approximately +1.5% to net revenue and core EPS growth (previously approximately +1%); acquisitions net of divestitures approximately +1.5% to net revenue growth (previously approximately +1%); capital spending below 5% of net revenue; free cash flow conversion at least 80%; cash returns to shareholders of $8.9 billion (dividends $7.9 billion, share repurchases $1.0 billion). Figures are for Q3 2026, as PepsiCo, Inc. reported them.
- Revenue
- $25.3B
- Net Income
- $3.0B
- EPS
- $2.23
- Total Assets
- $112.0B
- Operating Cash Flow
- $5.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $25.3B | $3.0B | $2.23 | 16.86% | $4.7B |
| Q2 FY2026 | $24.2B | $3.0B | $2.18 | 16.64% | $1.5B |
| Q1 FY2026 | $19.4B | $2.3B | $1.70 | 16.53% | -$406M |
| Q4 FY2025 | $29.3B | $2.5B | $1.85 | 12.12% | $4.7B |
| Q3 FY2025 | $23.9B | $2.6B | $1.90 | 14.91% | $3.5B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $93.9B | $8.2B | $6.00 | 12.24% | $7.7B |
| FY2024 | $91.9B | $9.6B | $6.95 | 14.03% | $7.2B |
| FY2023 | $91.5B | $9.1B | $6.56 | 13.1% | $7.9B |
Frequently asked questions
What was PepsiCo, Inc.'s revenue last quarter?
PepsiCo, Inc. reported revenue of $25.27 billion for Q3 FY2026, up 5.6% from the same period a year earlier.
Is PepsiCo, Inc. profitable?
Yes. PepsiCo, Inc. reported net income of $3.05 billion for Q3 FY2026, a net margin of 12.06% on revenue.
How has PepsiCo, Inc.'s margin trended?
Operating margin was 16.86% in Q3 FY2026, compared with 14.91% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did PepsiCo, Inc. generate?
PepsiCo, Inc. generated free cash flow of $4.67 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for PepsiCo, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.