The financials
PepsiCo by the numbers
PepsiCo (PEP) reported revenue of $24.2B in Q2 2026 (quarter ended June 13, 2026), up 6.4% from the same quarter a year earlier. That came with a gross margin of 54% and net income of $2.98B (12% of revenue). For the full year FY2025, revenue was $93.9B (+2.3% year on year) and net income $8.24B. Its largest segment in 2026-Q2 was Pepsi Co Beverages North America at $7.24B, 30% of the disclosed total, just ahead of Pepsi Co Foods North America at 26%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $24.2B | $22.7B | +6.4% |
| Gross profit | $13.1B | $12.4B | +5.5% |
| Operating income | $4.02B | $1.79B | +125% |
| Net income | $2.98B | $1.26B | +136% |
| Diluted EPS | $2.18 | $0.92 | +137% |
| Operating | Revenue | Share |
|---|---|---|
| Pepsi Co Beverages North America | $7.24B | 30% |
| Pepsi Co Foods North America | $6.37B | 26% |
| Europe Middle East Africa | $4.98B | 21% |
| Latin America Foods | $2.94B | 12% |
| International Beverage Franchise | $1.52B | 6.3% |
| Asia Pacific Foods | $1.12B | 4.6% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $24.18B (+24%)
Latin America Foods grew +15% year on yearPepsi Co Foods North America -1.7% year on year
Segment Latestquarter on quarteryear on year
- Pepsi Co Beverages North America$7.24B$7.24BQoQ +13%year on year +6.6%+13%+6.6%
- Pepsi Co Foods North America$6.37B$6.37BQoQ +0.57%year on year -1.7%+0.57%-1.7%
- Europe Middle East Africa$4.98B$4.98BQoQ +77%year on year +9.9%+77%+9.9%
- Latin America Foods$2.94B$2.94BQoQ +52%year on year +15%+52%+15%
- International Beverage Franchise$1.52B$1.52BQoQ +85%year on year +11%+85%+11%
- Asia Pacific Foods$1.12B$1.12BQoQ -1.3%year on year +12%-1.3%+12%
Beverages - Non-Alcoholic
Ranks #3 of 10 by Smart Score