PEP

PepsiCo
D

PEP

Arincen63/100B

PepsiCo earnings

PepsiCo reports its Q4 FY2026 results on 2 February 2027, before the market opens. Analysts expect earnings per share of 2.24 USD and revenue of 30.42B USD.

In Q3 FY2026, reported on 8 October 2026, PepsiCo earned 2.34 USD a share against the 2.29 USD analysts expected (+2.2%), on revenue of 25.27B USD against 24.95B USD (+1.3%).

Last EPS surprise
+2.2%
Last revenue surprise
+1.3%
Move after the last report
+4.0%
Average move after earnings
2.1%

EPS and revenue against estimates

Next earnings · Q4 FY2026
EPS estimate
2.24 USD
Revenue estimate
30.42B USD
Last quarter · Q3 FY2026
EPS2.34Beat +2.2%Revenue25.27BBeat +1.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growthNext-day move
Q3 FY20272.40——+2.40%25.94B——+2.63%—
Q2 FY20272.25——+2.22%24.80B——+2.54%—
Q1 FY20271.61——-0.13%19.89B——+2.31%—
Q4 FY20262.24——-0.88%30.42B——+3.66%—
Q3 FY20262.292.34+2.18%+2.18%24.95B25.27B+1.29%+5.59%+4.0%
Q2 FY20262.192.20+0.46%+3.77%23.95B24.18B+0.98%+6.40%-3.3%
Q1 FY20261.541.61+4.55%+8.78%18.95B19.44B+2.63%+8.50%+2.3%
Q4 FY20252.242.26+0.89%+15.31%28.98B29.34B+1.26%+5.61%+5.0%
Q3 FY20252.262.29+1.33%-0.87%23.84B23.94B+0.42%+2.65%+4.3%
Q2 FY20252.032.12+4.43%-7.02%22.27B22.73B+2.04%+1.00%+7.5%
Q1 FY20251.491.48-0.67%-8.07%17.76B17.92B+0.91%-1.81%-4.9%
Q4 FY20241.951.96+0.51%+10.11%27.89B27.78B-0.38%-0.24%-4.5%
Q3 FY20242.292.31+0.87%+2.67%23.86B23.32B-2.27%-0.57%+2.0%
Q2 FY20242.162.28+5.56%+9.09%22.59B22.50B-0.40%+0.80%+0.2%
Q1 FY20241.521.61+5.92%+7.33%18.08B18.25B+0.94%+2.26%-3.0%
Q4 FY20231.721.78+3.49%+6.59%28.40B27.85B-1.94%-0.52%-3.6%
Q3 FY20232.152.25+4.65%+14.21%26.12B23.45B-10.20%+6.75%+1.9%
Q2 FY20231.962.09+6.63%+12.37%19.81B22.32B+12.70%+10.37%+2.4%
Q1 FY20231.391.50+7.91%+16.28%17.22B17.85B+3.63%+10.16%+2.3%
Q4 FY20221.641.67+1.83%+9.15%26.83B28.00B+4.35%+10.88%+1.0%
Q3 FY20221.841.97+7.07%+10.06%—21.97B—+8.83%+4.1%
Q2 FY20221.731.86+7.51%+8.14%19.51B20.23B+3.65%+5.25%-0.6%
Q1 FY20221.241.29+4.03%+6.61%15.54B16.20B+4.26%+9.31%-0.2%
Q4 FY20211.531.530.00%+4.08%24.24B25.25B+4.18%+12.44%-2.0%
Q3 FY20211.731.79+3.47%+7.83%24.22B20.19B-16.64%+11.60%+0.5%
Q2 FY20211.531.72+12.42%+30.30%17.96B19.22B+7.01%+20.52%+2.4%
Q1 FY20211.121.21+8.04%+13.08%13.63B14.82B+8.74%+6.76%-0.1%
Q4 FY20201.461.47+0.68%+1.38%22.30B22.46B+0.69%+8.79%-2.0%
Q3 FY20201.491.66+11.41%+6.41%16.24B18.09B+11.41%+5.25%+1.8%
Q2 FY20201.251.32+5.60%-14.29%15.10B15.95B+5.60%-3.06%+0.3%
Q1 FY20201.031.07+3.88%+10.31%13.36B13.88B+3.88%+7.74%+1.3%
Q4 FY20191.441.45+0.69%-2.68%20.50B20.64B+0.69%+5.72%+0.3%
Q3 FY20191.501.56+4.00%-1.89%16.53B17.19B+4.00%+4.26%+2.9%
Q2 FY20191.501.54+2.67%-4.35%16.02B16.45B+2.67%+2.23%-0.6%
Q1 FY20190.920.97+5.43%+1.04%12.22B12.88B+5.43%+2.56%+3.8%
Q4 FY20181.491.490.00%+13.74%19.52B19.52B0.00%-0.01%+3.0%
Q3 FY20181.571.59+1.27%+7.43%16.28B16.49B+1.27%+1.51%-1.9%
Q2 FY20181.521.61+5.92%+11.81%15.19B16.09B+5.92%+2.42%+4.8%
Q1 FY20180.930.96+3.23%+2.13%12.17B12.56B+3.23%+4.26%+2.1%
Q4 FY20171.301.31+0.77%+9.17%19.38B19.53B+0.77%+0.06%+0.2%
Q3 FY20171.431.48+3.50%+5.71%15.80B16.24B+2.78%+1.33%+0.2%
Q2 FY20171.401.44+2.86%+6.67%14.66B15.71B+7.14%+2.05%-0.5%
Q1 FY20170.920.94+2.17%+5.62%11.79B12.05B+2.17%+1.58%-0.7%
Q4 FY20161.161.20+3.45%+13.21%18.86B19.52B+3.45%+5.00%-0.2%
Q3 FY20161.321.40+6.06%+3.70%15.11B16.03B+6.06%-1.86%+0.4%
Q2 FY20161.301.35+3.85%+2.27%14.82B15.40B+3.85%-3.32%+1.5%
Q1 FY20160.810.89+9.88%+7.23%10.80B11.86B+9.88%-2.91%-0.0%
Q4 FY20151.061.060.00%-5.36%18.59B18.59B0.00%-6.83%-0.7%
Q3 FY20151.261.35+7.14%-0.74%15.24B16.33B+7.14%-5.15%+1.3%
Q2 FY20151.241.32+6.45%0.00%14.96B15.92B+6.45%-5.75%-1.1%
Q1 FY20150.790.83+5.06%0.00%11.63B12.22B+5.06%-3.22%-1.6%
Q4 FY20141.081.12+3.70%+6.67%19.24B19.95B+3.70%-0.85%+2.5%
Q3 FY20141.291.36+5.43%+9.68%16.33B17.22B+5.43%+1.83%-0.4%
Q2 FY20141.231.32+7.32%+0.76%15.74B16.89B+7.32%+0.52%+1.9%
Q1 FY20140.750.83+10.67%+7.79%11.41B12.62B+10.67%+0.33%+0.9%
Q4 FY20131.011.05+3.96%-3.67%19.35B20.12B+3.96%+0.82%-2.2%
Q3 FY20131.171.24+5.98%+3.33%15.95B16.91B+5.98%+1.54%+2.1%
Q2 FY20131.191.31+10.08%+16.96%15.27B16.81B+10.08%+2.12%-0.6%
Q1 FY20130.710.77+8.45%+11.59%11.60B12.58B+8.45%+1.23%+3.0%
Q4 FY20121.051.09+3.81%-5.22%19.22B19.95B+3.81%-1.01%+1.1%
Q3 FY20121.161.20+3.45%-8.40%16.10B16.65B+3.45%-5.29%-0.3%
Q2 FY20121.091.12+2.75%-7.44%16.02B16.46B+2.75%-2.19%+2.2%
Q1 FY20120.670.69+2.99%-6.76%12.07B12.43B+2.99%+4.11%-0.4%
Q4 FY20111.131.15+1.77%+9.52%19.81B20.16B+1.77%+11.03%-3.7%
Q3 FY20111.301.31+0.77%+7.38%17.45B17.58B+0.77%+13.33%+2.9%
Q2 FY20111.211.210.00%+10.00%16.83B16.83B0.00%+13.69%-3.4%
Q1 FY20110.730.74+1.37%-2.63%11.78B11.94B+1.37%+27.42%+2.6%
Q4 FY20101.041.05+0.96%+16.67%17.98B18.16B+0.96%+36.53%-1.6%
Q3 FY20101.221.220.00%+12.96%15.51B15.51B0.00%+40.02%-3.0%
Q2 FY20101.081.10+1.85%+7.84%14.53B14.80B+1.85%+39.74%+4.3%
Q1 FY20100.750.76+1.33%+7.04%9.24B9.37B+1.33%+13.37%-1.8%
Q4 FY20090.900.900.00%+2.27%13.30B13.30B0.00%+4.46%+1.3%
Q3 FY20091.031.08+4.85%+1.89%10.57B11.08B+4.85%-1.46%-1.3%
Q2 FY20091.001.02+2.00%-0.97%10.38B10.59B+2.00%-3.23%-0.9%
Q1 FY20090.670.71+5.97%+1.43%7.80B8.26B+5.97%-0.84%-4.4%
Q4 FY20080.880.880.00%+10.00%12.73B12.73B0.00%+3.10%+1.1%
Q3 FY20081.081.06-1.85%+7.07%11.46B11.24B-1.85%+10.55%-11.9%
Q2 FY20081.021.03+0.98%+9.57%10.84B10.95B+0.98%+13.93%+2.3%
Q1 FY20080.700.700.00%+7.69%8.33B8.33B0.00%+13.37%-1.7%
Q4 FY20070.790.80+1.27%+11.11%12.19B12.35B+1.27%+18.91%+5.5%
Q3 FY20070.960.99+3.13%+12.50%9.86B10.17B+3.13%+11.35%-2.5%
Q2 FY20070.890.94+5.62%+17.50%9.10B9.61B+5.62%+10.25%-0.5%
Q1 FY20070.610.65+6.56%+8.33%6.90B7.35B+6.56%+9.39%+0.9%
Q4 FY20060.720.720.00%+10.77%10.57B10.38B-1.77%+2.84%-1.8%
Q3 FY20060.860.88+2.33%+12.82%8.93B9.13B+2.33%+11.61%-1.6%
Q2 FY20060.770.80+3.90%+14.29%8.39B8.71B+3.90%+13.21%+1.6%
Q1 FY20060.580.60+3.45%+13.21%6.50B6.72B+3.45%+2.03%+0.6%
Q4 FY20050.650.650.00%+12.07%10.10B10.10B0.00%+14.69%+0.7%
Q3 FY20050.730.78+6.85%+18.18%—8.18B—+12.77%+2.6%
Q2 FY20050.670.70+4.48%+14.75%7.37B7.70B+4.48%+8.87%+1.4%
Q1 FY20050.500.53+6.00%+15.22%6.21B6.59B+6.00%+7.40%+2.8%
Q4 FY20040.580.580.00%+11.54%8.80B8.80B0.00%+9.04%+0.4%
Q3 FY20040.650.66+1.54%+13.79%7.15B7.26B+1.54%+6.25%+1.1%
Q2 FY20040.610.610.00%+12.96%7.07B7.07B0.00%+8.14%-2.8%
Q1 FY20040.460.460.00%+15.00%6.13B6.13B0.00%+10.87%-0.2%
Q4 FY20030.510.52+1.96%+4.00%7.92B8.07B+1.96%+8.26%+2.0%
Q3 FY20030.620.58-6.45%+7.41%312.14M6.83B+2,088.14%+8.41%-0.2%
Q2 FY20030.580.54-6.90%+3.85%7.02B6.54B-6.90%+6.85%+5.4%
Q1 FY20030.420.40-4.76%+5.26%5.81B5.53B-4.76%+4.12%+6.6%
Q4 FY20020.500.500.00%+19.05%7.38B7.46B+1.02%-6.62%-2.1%
Q3 FY20020.550.54-1.82%+12.50%6.41B6.30B-1.79%+5.33%+14.9%
Q2 FY20020.520.520.00%+18.18%6.12B6.12B0.00%+15.87%+1.6%
Q1 FY20020.370.38+2.70%+11.76%5.17B5.31B+2.70%+13.00%-1.2%
Q4 FY20010.420.420.00%+10.53%6.97B7.99B+14.64%+24.59%-3.4%
Q3 FY20010.460.48+4.35%+20.00%5.73B5.98B+4.35%-6.85%+2.0%
Q2 FY20010.430.44+2.33%+15.79%5.73B5.28B-7.86%+7.16%-1.1%
Q1 FY20010.320.34+6.25%+17.24%4.42B4.70B+6.25%+12.15%+2.4%
Q4 FY20000.380.380.00%+15.15%7.87B6.41B-18.52%+12.85%-0.0%
Q3 FY20000.390.40+2.56%+17.65%6.26B6.42B+2.56%+39.86%-1.9%
Q2 FY20000.360.38+5.56%+22.58%6.63B4.93B-25.69%-1.08%+1.7%
Q1 FY20000.280.29+3.57%+16.00%4.05B4.19B+3.57%-18.05%-1.8%
Q4 FY19990.310.33+6.45%+37.50%5.31B5.68B+6.90%-21.03%+2.1%
Q3 FY19990.330.34+3.03%-8.11%4.45B4.59B+3.13%-17.19%+5.6%
Q2 FY19990.300.31+3.33%-6.06%4.82B4.98B+3.45%-5.25%+0.8%
Q1 FY19990.250.250.00%+4.17%5.11B5.11B0.00%+17.48%-5.1%
Q4 FY19980.230.24+4.35%-17.24%4.90B7.19B+46.77%+14.98%-2.2%
Q3 FY19980.400.37-7.50%+5.71%5.99B5.54B-7.50%+3.39%+1.0%
Q2 FY19980.330.330.00%-17.50%5.26B5.26B0.00%-31.78%-0.5%
Q1 FY19980.230.24+4.35%-11.11%4.16B4.35B+4.55%+3.32%-7.7%
Q4 FY19970.310.29-6.45%+20.83%6.66B6.26B-6.06%-34.38%-3.6%
Q3 FY19970.360.35-2.78%+9.38%5.52B5.36B-2.78%-31.84%-3.9%
Q2 FY19970.370.40+8.11%+14.29%4.70B7.71B+63.82%+0.21%+7.0%
Q1 FY19970.240.27+12.50%+12.50%3.74B4.21B+12.50%-35.72%+10.0%
Q4 FY19960.330.24-27.27%-31.43%7.70B9.53B+23.81%+3.04%-3.7%
Q3 FY19960.350.32-8.57%-17.95%5.64B7.87B+39.42%+2.26%-0.9%
Q2 FY19960.350.350.00%+12.90%—7.69B—+5.56%+1.1%
Q1 FY19960.230.24+4.35%+20.00%—6.55B—+5.87%+3.5%
Q4 FY19950.340.35+2.94%+9.38%—9.25B—+1.41%+1.3%
Q3 FY19950.380.39+2.63%+14.71%—7.69B—+8.91%-1.2%
Q2 FY19950.300.31+3.33%+14.81%—7.29B—+11.11%+1.6%
Q1 FY19950.190.20+5.26%+11.11%—6.19B—+8.06%+2.4%
Q4 FY19940.320.320.00%+14.29%—9.12B—+18.13%-1.9%
Q3 FY19940.320.34+6.25%+9.68%—7.06B—+11.84%+7.0%
Q2 FY19940.270.270.00%0.00%—6.56B—+11.32%0.0%
Q1 FY19940.170.18+5.88%+12.50%—5.73B—+12.52%-0.4%
Q4 FY19930.290.28-3.45%——7.72B—+18.03%-1.9%
Q3 FY19930.300.31+3.33%——6.32B——+0.4%
Q2 FY19930.270.270.00%+12.50%—5.89B—+13.04%+2.5%
Q1 FY19930.170.16-5.88%——5.09B——-1.7%
Q4 FY19920.240.25+4.17%+46.20%—5.64B—-4.89%-1.2%
Q4 FY1992—-0.43—-350.70%—6.54B—+10.33%-1.5%
Q2 FY1992—0.24—+20.00%—5.21B—+11.35%-1.7%
Q4 FY1991—0.15—-9.58%—4.58B—-15.94%+0.4%
Q4 FY1991—0.17—+3.07%—5.93B—+8.91%-0.7%
Q3 FY1991—0.18—-14.29%—4.88B—+9.06%+0.4%
Q2 FY1991—0.20—+11.11%—4.68B—+11.30%+0.4%
Q4 FY1990—0.13—+1.88%—4.12B—-14.05%-0.8%
Q4 FY1990—0.17—+30.02%—5.44B—+13.67%+0.9%
Q3 FY1990—0.21—+23.53%—4.48B—+14.71%+7.0%
Q2 FY1990—0.18—+5.88%—4.20B—+17.03%+0.3%
Q4 FY1989—0.12—+3.00%—3.68B—-12.09%+0.4%
Q4 FY1989—0.13—+9.53%—4.79B—+14.49%+0.4%
Q3 FY1989—0.17—+13.33%—3.90B—+20.37%+0.9%
Q2 FY1989—0.17—+21.43%—3.59B—+19.26%-1.2%
Q4 FY1988—0.11—+10.00%—2.96B—-14.65%+1.0%
Q4 FY1988—0.12—+16.50%—4.18B—+20.70%0.0%
Q3 FY1988—0.15—+25.00%—3.24B—+10.29%+1.2%
Q2 FY1988—0.14—+16.67%—3.01B—+8.07%+0.6%
Q4 FY1987—0.07—0.00%—2.57B—-17.64%0.0%
Q4 FY1987—0.10—+42.86%—3.47B—+11.09%+0.4%
Q3 FY1987—0.12—+20.00%—2.94B—+22.49%+1.5%
Q2 FY1987—0.12—+50.00%—2.79B—+35.90%-1.0%
Q4 FY1986—0.04—-33.33%—2.29B—-5.29%+5.0%
Q4 FY1986—0.07—+16.67%—3.12B—+28.90%0.0%
Q3 FY1986—0.10—+25.00%—2.40B—+15.81%+3.0%
Q2 FY1986—0.08———2.05B——0.0%
Q4 FY1985—0.05———1.72B——+2.1%
Q4 FY1985—0.06———2.42B——+0.7%
Q3 FY1985—0.08———2.07B——+0.9%

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q4 FY2026

What the market is waiting for

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceWaiting for 2 Feb

Underlying sales growth

ExpectedFull-year underlying revenue growth of about 3%company guidance
The resultComes with the report on 2 Feb

This measures growth in PepsiCo’s food and drinks sales without the effects of acquisitions or currency changes.

Beat record

On average, analysts' EPS estimate was 2.6% off the result, either way, and their revenue estimate 1.3%, over the last 12 quarters.

EPS beats
100 / 136
Revenue beats
88 / 119
Average EPS surprise, last 12
+2.5%
Since
February 1993

See also:Forecast,EPS,Income statement

Common questions about PepsiCo's earnings

Source: Financial Modeling PrepVerified against SEC filings