What was PepsiCo's net income in 2025?

In fiscal year 2025, which ended on 27 December 2025, PepsiCo's net income was 8.24B USD, down 14.0% on the year before.

What was PepsiCo's net income in 2024?

In fiscal year 2024, which ended on 31 December 2024, PepsiCo's net income was 9.58B USD, up 5.6% on the year before.

What is PepsiCo's profit margin?

PepsiCo's net profit margin over the last twelve months was 11.1%, and 8.8% in fiscal year 2025: it kept about 11 cents of every dollar of revenue as profit.

How much has PepsiCo's net income grown over 10 years?

PepsiCo's net income went from 5.45B USD in fiscal year 2015 to 8.24B USD in fiscal year 2025: 4.2% a year on average.

What was PepsiCo's highest annual net income?

PepsiCo's highest annual net income was 12.52B USD, in fiscal year 2018 (records from fiscal year 1985).

PepsiCo
D
Quotes are delayed by 15 minutes

PEP

Arincen ScoreBeta63/100

63/100B

144.550

USD

1.94

(1.36%)

Market Open

Last updated: 13 Nov, 10:36 GMT-5 · Delayed 15 min

Fair value205.24Plus-30%126Price 144.55328

Q4 FY2026 · Earnings report

EPS estimate 2.24Revenue estimate 30.42B

Q4 FY2026 · Earnings report

Tuesday 2 February

EPS estimate 2.24Revenue estimate 30.42B

Fair value205.24Plus-30%126Price 144.55328

Q4 FY2026 · Earnings report

EPS estimate 2.24Revenue estimate 30.42B

Q4 FY2026 · Earnings report

Tuesday 2 February

EPS estimate 2.24Revenue estimate 30.42B

Overview Financials Signals News Forecast Earnings Dividends Company

PepsiCo net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

PepsiCo earned 3.05B USD in Q3 FY2026, the three months to 5 September 2026, up 17.1% on the same quarter a year before. PepsiCo's net income over the last twelve months was 10.91B USD, up 51.0% on the twelve months before. In fiscal year 2025 it earned 8.24B USD, down 14.0% on the year before.

Last updated 7 Nov 2026 · Next report 2 Feb 2027

Net income

Net income · +4.2% a year over 10 yearsNet margin

Growth

Fiscal year	Period ending	Net income	Growth	Net margin	Revenue
TTM	5 Sept 2026	10.91B	+51.00%	11.10%	98.24B
FY2025	27 Dec 2025	8.24B	-13.97%	8.77%	93.93B
FY2024	31 Dec 2024	9.58B	+5.55%	10.43%	91.85B
FY2023	31 Dec 2023	9.07B	+1.84%	9.92%	91.47B
FY2022	31 Dec 2022	8.91B	+16.96%	10.31%	86.39B
FY2021	31 Dec 2021	7.62B	+6.99%	9.59%	79.47B
FY2020	31 Dec 2020	7.12B	-2.65%	10.12%	70.37B
FY2019	31 Dec 2019	7.31B	-41.56%	10.89%	67.16B
FY2018	31 Dec 2018	12.52B	+157.67%	19.35%	64.66B
FY2017	31 Dec 2017	4.86B	-23.26%	7.65%	63.53B
FY2016	31 Dec 2016	6.33B	+16.09%	10.08%	62.80B
FY2015	31 Dec 2015	5.45B	-16.29%	8.65%	63.06B
FY2014	31 Dec 2014	6.51B	-3.37%	9.77%	66.68B
FY2013	31 Dec 2013	6.74B	+9.10%	10.15%	66.42B
FY2012	31 Dec 2012	6.18B	-4.11%	9.43%	65.49B
FY2011	31 Dec 2011	6.44B	+1.95%	9.69%	66.50B
FY2010	31 Dec 2010	6.32B	+6.29%	10.93%	57.84B
FY2009	31 Dec 2009	5.95B	+15.64%	13.75%	43.23B
FY2008	31 Dec 2008	5.14B	-9.12%	11.89%	43.25B
FY2007	31 Dec 2007	5.66B	+0.28%	14.33%	39.47B
FY2006	31 Dec 2006	5.64B	+38.35%	16.06%	35.14B
FY2005	31 Dec 2005	4.08B	-3.18%	12.52%	32.56B
FY2004	31 Dec 2004	4.21B	+18.05%	14.39%	29.26B
FY2003	31 Dec 2003	3.57B	+18.93%	13.23%	26.97B
FY2002	31 Dec 2002	3.00B	+25.00%	11.95%	25.11B
FY2001	31 Dec 2001	2.40B	-5.62%	10.21%	23.51B
FY2000	31 Dec 2000	2.54B	+1.52%	9.98%	25.48B
FY1999	31 Dec 1999	2.51B	+25.69%	9.98%	25.09B
FY1998	31 Dec 1998	1.99B	-6.96%	8.92%	22.35B
FY1997	31 Dec 1997	2.14B	+86.42%	10.24%	20.92B
FY1996	31 Dec 1996	1.15B	-28.46%	5.65%	20.34B
FY1995	31 Dec 1995	1.61B	-8.33%	8.42%	19.07B
FY1994	31 Dec 1994	1.75B	+10.33%	6.15%	28.47B
FY1993	31 Dec 1993	1.59B	+324.23%	6.35%	25.02B
FY1992	31 Dec 1992	374.30M	-65.35%	1.70%	21.97B
FY1991	31 Dec 1991	1.08B	+0.31%	5.51%	19.61B
FY1990	31 Dec 1990	1.08B	+19.47%	6.05%	17.80B
FY1989	31 Dec 1989	901.40M	+18.26%	5.91%	15.24B
FY1988	31 Dec 1988	762.20M	+28.14%	5.86%	13.01B
FY1987	31 Dec 1987	594.80M	+29.93%	5.18%	11.49B
FY1986	31 Dec 1986	457.80M	-15.80%	4.93%	9.29B
FY1985	31 Dec 1985	543.70M	—	6.75%	8.06B

Quarter	Period ending	Net income	Growth on a year before	Net margin	Revenue
Q3 FY2026	5 Sept 2026	3.05B	+17.10%	12.06%	25.27B
Q2 FY2026	13 Jun 2026	2.98B	+136.03%	12.33%	24.18B
Q1 FY2026	21 Mar 2026	2.34B	+27.48%	12.02%	19.44B
Q4 FY2025	27 Dec 2025	2.54B	+66.78%	8.66%	29.34B
Q3 FY2025	6 Sept 2025	2.60B	-11.16%	10.87%	23.94B
Q2 FY2025	14 Jun 2025	1.26B	-59.03%	5.56%	22.73B
Q1 FY2025	22 Mar 2025	1.83B	-10.19%	10.23%	17.92B
Q4 FY2024	31 Dec 2024	1.52B	+16.97%	5.48%	27.78B
Q3 FY2024	7 Sept 2024	2.93B	-5.24%	12.56%	23.32B
Q2 FY2024	15 Jun 2024	3.08B	+12.19%	13.70%	22.50B
Q1 FY2024	23 Mar 2024	2.04B	+5.69%	11.19%	18.25B
Q4 FY2023	31 Dec 2023	1.30B	+151.35%	4.68%	27.85B
Q3 FY2023	9 Sept 2023	3.09B	+14.43%	13.18%	23.45B
Q2 FY2023	17 Jun 2023	2.75B	+92.30%	12.31%	22.32B
Q1 FY2023	25 Mar 2023	1.93B	-54.66%	10.83%	17.85B
Q4 FY2022	31 Dec 2022	518.00M	-60.82%	1.85%	28.00B
Q3 FY2022	3 Sept 2022	2.70B	+21.49%	12.30%	21.97B
Q2 FY2022	11 Jun 2022	1.43B	-39.40%	7.07%	20.23B
Q1 FY2022	19 Mar 2022	4.26B	+148.60%	26.30%	16.20B
Q4 FY2021	31 Dec 2021	1.32B	-28.35%	5.24%	25.25B
Q3 FY2021	4 Sept 2021	2.22B	-2.92%	11.02%	20.19B
Q2 FY2021	12 Jun 2021	2.36B	+43.26%	12.27%	19.22B
Q1 FY2021	20 Mar 2021	1.71B	+28.10%	11.57%	14.82B
Q4 FY2020	31 Dec 2020	1.85B	+4.47%	8.22%	22.46B
Q3 FY2020	5 Sept 2020	2.29B	+9.10%	12.66%	18.09B
Q2 FY2020	13 Jun 2020	1.65B	-19.12%	10.32%	15.95B
Q1 FY2020	21 Mar 2020	1.34B	-5.31%	9.64%	13.88B
Q4 FY2019	31 Dec 2019	1.77B	-74.23%	8.56%	20.64B
Q3 FY2019	7 Sept 2019	2.10B	-15.93%	12.22%	17.19B
Q2 FY2019	15 Jun 2019	2.04B	+11.81%	12.37%	16.45B
Q1 FY2019	23 Mar 2019	1.41B	+5.21%	10.97%	12.88B
Q4 FY2018	31 Dec 2018	6.85B	—	35.11%	19.52B
Q3 FY2018	8 Sept 2018	2.50B	+16.51%	15.15%	16.49B
Q2 FY2018	16 Jun 2018	1.82B	-13.54%	11.31%	16.09B
Q1 FY2018	24 Mar 2018	1.34B	+1.90%	10.69%	12.56B
Q4 FY2017	31 Dec 2017	-710.00M	-150.68%	-3.64%	19.53B
Q3 FY2017	9 Sept 2017	2.14B	+7.63%	13.20%	16.24B
Q2 FY2017	17 Jun 2017	2.11B	+4.99%	13.40%	15.71B
Q1 FY2017	25 Mar 2017	1.32B	+41.57%	10.94%	12.05B
Q4 FY2016	31 Dec 2016	1.40B	-18.45%	7.18%	19.52B
Q3 FY2016	3 Sept 2016	1.99B	+273.73%	12.43%	16.03B
Q2 FY2016	11 Jun 2016	2.01B	+1.26%	13.02%	15.40B
Q1 FY2016	19 Mar 2016	931.00M	-23.75%	7.85%	11.86B
Q4 FY2015	31 Dec 2015	1.72B	+31.05%	9.24%	18.59B
Q3 FY2015	5 Sept 2015	533.00M	-73.46%	3.26%	16.33B
Q2 FY2015	13 Jun 2015	1.98B	+0.10%	12.43%	15.92B
Q1 FY2015	21 Mar 2015	1.22B	+0.41%	9.99%	12.22B
Q4 FY2014	31 Dec 2014	1.31B	-24.74%	6.57%	19.95B
Q3 FY2014	6 Sept 2014	2.01B	+4.97%	11.66%	17.22B
Q2 FY2014	14 Jun 2014	1.98B	-1.59%	11.71%	16.89B
Q1 FY2014	22 Mar 2014	1.22B	+13.12%	9.63%	12.62B
Q4 FY2013	31 Dec 2013	1.74B	+4.88%	8.66%	20.12B
Q3 FY2013	7 Sept 2013	1.91B	+0.58%	11.31%	16.91B
Q2 FY2013	15 Jun 2013	2.01B	+35.08%	11.96%	16.81B
Q1 FY2013	23 Mar 2013	1.08B	-4.61%	8.54%	12.58B
Q4 FY2012	31 Dec 2012	1.66B	+17.39%	8.32%	19.95B
Q3 FY2012	8 Sept 2012	1.90B	-4.90%	11.42%	16.65B
Q2 FY2012	16 Jun 2012	1.49B	-21.06%	9.04%	16.46B
Q1 FY2012	24 Mar 2012	1.13B	-1.40%	9.07%	12.43B
Q4 FY2011	31 Dec 2011	1.42B	+3.66%	7.02%	20.16B
Q3 FY2011	3 Sept 2011	2.00B	+4.06%	11.38%	17.58B
Q2 FY2011	11 Jun 2011	1.89B	+17.59%	11.20%	16.83B
Q1 FY2011	19 Mar 2011	1.14B	-20.07%	9.58%	11.94B
Q4 FY2010	31 Dec 2010	1.37B	-4.81%	7.52%	18.16B
Q3 FY2010	4 Sept 2010	1.92B	+11.94%	12.39%	15.51B
Q2 FY2010	12 Jun 2010	1.60B	-3.43%	10.83%	14.80B
Q1 FY2010	20 Mar 2010	1.43B	+25.99%	15.26%	9.37B
Q4 FY2009	31 Dec 2009	1.43B	+99.44%	10.78%	13.30B
Q3 FY2009	5 Sept 2009	1.72B	+8.95%	15.50%	11.08B
Q2 FY2009	13 Jun 2009	1.66B	-2.30%	15.67%	10.59B
Q1 FY2009	21 Mar 2009	1.14B	-1.13%	13.74%	8.26B
Q4 FY2008	31 Dec 2008	719.00M	-43.03%	5.65%	12.73B
Q3 FY2008	6 Sept 2008	1.58B	-9.58%	14.02%	11.24B
Q2 FY2008	14 Jun 2008	1.70B	+9.12%	15.52%	10.95B
Q1 FY2008	22 Mar 2008	1.15B	+4.74%	13.78%	8.33B
Q4 FY2007	31 Dec 2007	1.26B	-29.26%	10.22%	12.35B
Q3 FY2007	8 Sept 2007	1.74B	+16.67%	17.14%	10.17B
Q2 FY2007	16 Jun 2007	1.56B	+13.24%	16.21%	9.61B
Q1 FY2007	24 Mar 2007	1.10B	+15.73%	14.91%	7.35B
Q4 FY2006	31 Dec 2006	1.78B	+61.01%	17.18%	10.38B
Q3 FY2006	9 Sept 2006	1.49B	+72.92%	16.36%	9.13B
Q2 FY2006	17 Jun 2006	1.38B	+15.16%	15.78%	8.71B
Q1 FY2006	25 Mar 2006	947.00M	+3.84%	14.09%	6.72B
Q4 FY2005	31 Dec 2005	1.11B	+12.49%	10.97%	10.10B
Q3 FY2005	3 Sept 2005	864.00M	-36.66%	10.56%	8.18B
Q2 FY2005	11 Jun 2005	1.19B	+12.75%	15.51%	7.70B
Q1 FY2005	19 Mar 2005	912.00M	+13.43%	13.85%	6.59B
Q4 FY2004	31 Dec 2004	985.00M	+39.72%	11.19%	8.80B
Q3 FY2004	4 Sept 2004	1.36B	—	18.80%	7.26B
Q2 FY2004	12 Jun 2004	1.06B	+12.18%	14.98%	7.07B
Q1 FY2004	20 Mar 2004	804.00M	+3.47%	13.11%	6.13B
Q4 FY2003	31 Dec 2003	705.00M	-12.42%	8.73%	8.07B
Q3 FY2003	30 Sept 2003	1.08B	—	15.77%	6.83B
Q2 FY2003	14 Jun 2003	944.00M	+7.89%	14.44%	6.54B
Q1 FY2003	22 Mar 2003	777.00M	+12.77%	14.05%	5.53B
Q4 FY2002	31 Dec 2002	805.00M	+20.69%	10.80%	7.46B
Q3 FY2002	7 Sept 2002	953.00M	+51.99%	15.13%	6.30B
Q2 FY2002	15 Jun 2002	875.00M	+34.20%	14.30%	6.12B
Q1 FY2002	23 Mar 2002	689.00M	+20.88%	12.97%	5.31B
Q4 FY2001	31 Dec 2001	667.00M	+9.17%	8.35%	7.99B
Q3 FY2001	8 Sept 2001	627.00M	-16.95%	10.48%	5.98B
Q2 FY2001	16 Jun 2001	652.00M	+15.81%	12.35%	5.28B
Q1 FY2001	24 Mar 2001	570.00M	+35.07%	12.13%	4.70B
Q4 FY2000	31 Dec 2000	611.00M	+24.69%	9.53%	6.41B
Q3 FY2000	2 Sept 2000	755.00M	+55.99%	11.76%	6.42B
Q2 FY2000	10 Jun 2000	563.00M	-24.23%	11.42%	4.93B
Q1 FY2000	18 Mar 2000	422.00M	+26.73%	10.07%	4.19B
Q4 FY1999	31 Dec 1999	490.00M	+35.73%	8.63%	5.68B
Q3 FY1999	4 Sept 1999	484.00M	-36.40%	10.54%	4.59B
Q2 FY1999	12 Jun 1999	743.00M	+50.40%	14.91%	4.98B
Q1 FY1999	20 Mar 1999	333.00M	-11.67%	6.51%	5.11B
Q4 FY1998	31 Dec 1998	361.00M	-9.98%	5.02%	7.19B
Q3 FY1998	5 Sept 1998	761.00M	+15.65%	13.73%	5.54B
Q2 FY1998	13 Jun 1998	494.00M	-24.70%	9.40%	5.26B
Q1 FY1998	21 Mar 1998	377.00M	-11.71%	8.66%	4.35B
Q4 FY1997	31 Dec 1997	401.00M	+1,332.14%	6.41%	6.26B
Q3 FY1997	6 Sept 1997	658.00M	+356.94%	12.27%	5.36B
Q2 FY1997	14 Jun 1997	656.00M	+12.52%	8.51%	7.71B
Q1 FY1997	22 Mar 1997	427.00M	+8.38%	10.14%	4.21B
Q4 FY1996	31 Dec 1996	28.00M	-84.52%	0.29%	9.53B
Q3 FY1996	7 Sept 1996	144.00M	-76.65%	1.83%	7.87B
Q2 FY1996	15 Jun 1996	583.00M	+19.66%	7.58%	7.69B
Q1 FY1996	23 Mar 1996	394.00M	+22.70%	6.01%	6.55B
Q4 FY1995	31 Dec 1995	180.90M	-64.76%	1.96%	9.25B
Q3 FY1995	9 Sept 1995	616.80M	—	8.02%	7.69B
Q2 FY1995	17 Jun 1995	487.20M	+9.12%	6.69%	7.29B
Q1 FY1995	25 Mar 1995	321.10M	+28.03%	5.19%	6.19B
Q4 FY1994	31 Dec 1994	513.30M	+16.00%	5.63%	9.12B
Q3 FY1994	30 Sept 1994	541.40M	+18.16%	7.66%	7.06B
Q2 FY1994	30 Jun 1994	446.50M	+4.62%	6.81%	6.56B
Q1 FY1994	31 Mar 1994	250.80M	-3.69%	4.38%	5.73B
Q4 FY1993	31 Dec 1993	442.50M	—	5.73%	7.72B
Q3 FY1993	30 Sept 1993	458.20M	+7.63%	7.25%	6.32B
Q2 FY1993	30 Jun 1993	426.80M	+11.44%	7.25%	5.89B
Q1 FY1993	31 Mar 1993	260.40M	+7.83%	5.11%	5.09B
Q4 FY1992	31 Dec 1992	-675.90M	-349.32%	-10.33%	6.54B
Q3 FY1992	30 Sept 1992	425.70M	+49.16%	7.55%	5.64B
Q2 FY1992	30 Jun 1992	383.00M	+20.33%	7.35%	5.21B
Q1 FY1992	31 Mar 1992	241.50M	+17.58%	5.28%	4.58B
Q4 FY1991	31 Dec 1991	271.10M	+1.96%	4.57%	5.93B
Q3 FY1991	30 Sept 1991	285.40M	-15.21%	5.85%	4.88B
Q2 FY1991	30 Jun 1991	318.30M	+8.82%	6.80%	4.68B
Q1 FY1991	31 Mar 1991	205.40M	+12.92%	4.99%	4.12B
Q4 FY1990	31 Dec 1990	265.90M	+31.57%	4.88%	5.44B
Q3 FY1990	30 Sept 1990	336.60M	+24.99%	7.52%	4.48B
Q2 FY1990	30 Jun 1990	292.50M	+10.42%	6.96%	4.20B
Q1 FY1990	31 Mar 1990	181.90M	+10.18%	4.95%	3.68B
Q4 FY1989	31 Dec 1989	202.10M	+7.67%	4.22%	4.79B
Q3 FY1989	30 Sept 1989	269.30M	+11.47%	6.90%	3.90B
Q2 FY1989	30 Jun 1989	264.90M	+20.63%	7.37%	3.59B
Q1 FY1989	31 Mar 1989	165.10M	+45.72%	5.58%	2.96B
Q4 FY1988	31 Dec 1988	187.70M	+27.69%	4.49%	4.18B
Q3 FY1988	30 Sept 1988	241.60M	+27.22%	7.45%	3.24B
Q2 FY1988	30 Jun 1988	219.60M	+24.63%	7.29%	3.01B
Q1 FY1988	31 Mar 1988	113.30M	+64.44%	4.41%	2.57B
Q4 FY1987	31 Dec 1987	147.00M	+26.07%	4.24%	3.47B
Q3 FY1987	30 Sept 1987	189.90M	+25.18%	6.46%	2.94B
Q2 FY1987	30 Jun 1987	176.20M	+45.98%	6.32%	2.79B
Q1 FY1987	31 Mar 1987	68.90M	+0.29%	3.01%	2.29B
Q4 FY1986	31 Dec 1986	116.60M	+30.57%	3.74%	3.12B
Q3 FY1986	30 Sept 1986	151.70M	+12.12%	6.32%	2.40B
Q2 FY1986	30 Jun 1986	120.70M	—	5.88%	2.05B
Q1 FY1986	31 Mar 1986	68.70M	—	3.99%	1.72B
Q4 FY1985	31 Dec 1985	89.30M	—	3.69%	2.42B
Q3 FY1985	30 Sept 1985	135.30M	—	6.53%	2.07B

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Common questions about PepsiCo's profit

Source: Financial Modeling PrepVerified against SEC filings

PepsiCo
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PEP

PepsiCo net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Net income

Growth

Common questions about PepsiCo's profit

How much profit does PepsiCo make?

What was PepsiCo's net income in 2025?

What was PepsiCo's net income in 2024?

What is PepsiCo's profit margin?

How much has PepsiCo's net income grown over 10 years?

What was PepsiCo's highest annual net income?

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PEP

PepsiCo net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Net income

Growth

Common questions about PepsiCo's profit

How much profit does PepsiCo make?

What was PepsiCo's net income in 2025?

What was PepsiCo's net income in 2024?

What is PepsiCo's profit margin?

How much has PepsiCo's net income grown over 10 years?

What was PepsiCo's highest annual net income?

Need help?

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