Growth Metrics

Keurig Dr Pepper (KDP) Cost of Revenue (2009 - 2026)

Keurig Dr Pepper (KDP) reported Cost of Revenue of $1.9 billion for Q1 2026, up 13.82% year-over-year from $1.6 billion in Q1 2025, and down 9.71% on a QoQ basis from $2.1 billion in Q4 2025.

Keurig Dr Pepper (KDP) has 18 years of Cost of Revenue data on file, last reported at $1.9 billion in Q1 2026.

  • Quarterly Cost of Revenue rose 13.82% year-over-year to $1.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.8 billion (up 12.79% YoY) and the FY2025 annual result came in at $7.6 billion, up 11.46% from the prior year.
  • Cost of Revenue retreated to $1.9 billion in Q1 2026 per KDP's latest filing, from $2.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.1 billion in Q4 2025 and bottomed at $1.4 billion in Q1 2022.
  • The 5-year median for Cost of Revenue is $1.8 billion (2024), against an average of $1.8 billion.
  • The widest annual swing landed in 2022, when Cost of Revenue gained 29.78%; it then slipped 6.86% in 2023.
  • Tracing KDP's Cost of Revenue over 5 years: stood at $1.8 billion in 2022, then decreased by 6.86% to $1.7 billion in 2023, then climbed by 6.54% to $1.8 billion in 2024, then grew by 16.01% to $2.1 billion in 2025, then declined by 9.71% to $1.9 billion in 2026.
  • Per Business Quant, the three latest KDP Cost of Revenue figures stand at $1.9 billion (Q1 2026), $2.1 billion (Q4 2025), and $2.0 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Coca Cola 338.61 Bn 329.63 Bn 7.85 Bn 4.62 Bn
2 Pepsico 193.55 Bn 182.88 Bn 10.73 Bn 8.71 Bn
3 Monster Beverage 87.17 Bn 84.18 Bn 1.29 Bn 1.06 Bn
4 Coca-Cola Europacific Partners 47.66 Bn 47.03 Bn - -
5 Keurig Dr Pepper 41.05 Bn 27.15 Bn 2.10 Bn 1.88 Bn
6 Coca Cola Femsa Sab De Cv 10.77 Bn 9.26 Bn 1.89 Bn 2.15 Bn
7 Coca-Cola Consolidated 9.73 Bn 9.50 Bn 727.08 Mn 1.12 Bn
8 Primo Brands 8.93 Bn 8.64 Bn 464.90 Mn 1.16 Bn
9 Celsius Holdings 7.93 Bn 7.38 Bn 378.07 Mn 404.55 Mn
10 Vita Coco Company 4.29 Bn 4.08 Bn 71.81 Mn 107.95 Mn

Historic Data

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DateValue
Mar 31, 2026 1.88 Bn
Mar 31, 2026 1.88 Bn
Dec 31, 2025 2.08 Bn
Dec 31, 2025 2.08 Bn
Sep 30, 2025 1.97 Bn
Sep 30, 2025 1.97 Bn
Jun 30, 2025 1.91 Bn
Jun 30, 2025 1.91 Bn
Mar 31, 2025 1.65 Bn
Mar 31, 2025 1.65 Bn
Dec 31, 2024 1.79 Bn
Dec 31, 2024 1.79 Bn
Sep 30, 2024 1.75 Bn
Sep 30, 2024 1.75 Bn
Jun 30, 2024 1.75 Bn
Jun 30, 2024 1.75 Bn
Mar 31, 2024 1.53 Bn
Mar 31, 2024 1.53 Bn
Dec 31, 2023 1.68 Bn
Dec 31, 2023 1.68 Bn
Sep 30, 2023 1.69 Bn
Sep 30, 2023 1.69 Bn
Jun 30, 2023 1.75 Bn
Jun 30, 2023 1.75 Bn
Mar 31, 2023 1.61 Bn
Mar 31, 2023 1.61 Bn
Dec 31, 2022 1.81 Bn
Dec 31, 2022 1.81 Bn
Sep 30, 2022 1.72 Bn
Sep 30, 2022 1.72 Bn
Jun 30, 2022 1.78 Bn
Jun 30, 2022 1.78 Bn
Mar 31, 2022 1.43 Bn
Mar 31, 2022 1.43 Bn
Dec 31, 2021 1.62 Bn
Dec 31, 2021 1.62 Bn
Sep 30, 2021 1.42 Bn
Sep 30, 2021 1.42 Bn
Jun 30, 2021 1.37 Bn
Jun 30, 2021 1.37 Bn
Mar 31, 2021 1.30 Bn
Mar 31, 2021 1.30 Bn
Dec 31, 2020 1.35 Bn
Dec 31, 2020 1.35 Bn
Sep 30, 2020 1.32 Bn
Sep 30, 2020 1.32 Bn
Jun 30, 2020 1.30 Bn
Jun 30, 2020 1.30 Bn
Mar 31, 2020 1.16 Bn
Mar 31, 2020 1.16 Bn
Dec 31, 2019 1.24 Bn
Dec 31, 2019 1.24 Bn
Sep 30, 2019 1.25 Bn
Sep 30, 2019 1.25 Bn
Jun 30, 2019 1.19 Bn
Jun 30, 2019 1.19 Bn
Mar 31, 2019 1.11 Bn
Mar 31, 2019 1.11 Bn
Dec 31, 2018 1.27 Bn
Dec 31, 2018 1.27 Bn
Sep 30, 2018 1.37 Bn
Sep 30, 2018 1.37 Bn
Jun 30, 2018 458.00 Mn
Jun 30, 2018 458.00 Mn
Mar 31, 2018 467.00 Mn
Mar 31, 2018 467.00 Mn
Dec 31, 2017 643.00 Mn
Dec 31, 2017 643.00 Mn
Sep 30, 2017 580.00 Mn
Sep 30, 2017 580.00 Mn
Jun 30, 2017 499.00 Mn
Jun 30, 2017 499.00 Mn
Mar 31, 2017 479.00 Mn
Mar 31, 2017 479.00 Mn
Dec 31, 2016 667.00 Mn
Dec 31, 2016 667.00 Mn
Jun 30, 2016 670.00 Mn
Jun 30, 2016 670.00 Mn
Mar 31, 2016 602.00 Mn
Mar 31, 2016 602.00 Mn
Dec 31, 2015 610.00 Mn
Dec 31, 2015 610.00 Mn
Sep 30, 2015 673.00 Mn
Sep 30, 2015 673.00 Mn
Jun 30, 2015 674.00 Mn
Jun 30, 2015 674.00 Mn
Mar 31, 2015 602.00 Mn
Mar 31, 2015 602.00 Mn
Dec 31, 2014 614.00 Mn
Dec 31, 2014 614.00 Mn
Sep 30, 2014 658.00 Mn
Sep 30, 2014 658.00 Mn
Jun 30, 2014 665.00 Mn
Jun 30, 2014 665.00 Mn
Mar 31, 2014 554.00 Mn
Mar 31, 2014 554.00 Mn
Dec 31, 2013 583.00 Mn
Dec 31, 2013 583.00 Mn
Sep 30, 2013 650.00 Mn
Sep 30, 2013 650.00 Mn
Jun 30, 2013 676.00 Mn
Jun 30, 2013 676.00 Mn
Mar 31, 2013 590.00 Mn
Mar 31, 2013 590.00 Mn
Dec 31, 2012 605.00 Mn
Dec 31, 2012 605.00 Mn
Sep 30, 2012 626.00 Mn
Sep 30, 2012 626.00 Mn
Jun 30, 2012 685.00 Mn
Jun 30, 2012 685.00 Mn
Mar 31, 2012 584.00 Mn
Mar 31, 2012 584.00 Mn
Dec 31, 2011 604.00 Mn
Dec 31, 2011 604.00 Mn
Sep 30, 2011 672.00 Mn
Sep 30, 2011 672.00 Mn
Jun 30, 2011 662.00 Mn
Jun 30, 2011 662.00 Mn
Mar 31, 2011 547.00 Mn
Mar 31, 2011 547.00 Mn
Dec 31, 2010 554.00 Mn
Dec 31, 2010 554.00 Mn
Sep 30, 2010 600.00 Mn
Sep 30, 2010 600.00 Mn
Jun 30, 2010 593.00 Mn
Jun 30, 2010 593.00 Mn
Mar 31, 2010 496.00 Mn
Mar 31, 2010 496.00 Mn
Dec 31, 2009 528.00 Mn
Dec 31, 2009 528.00 Mn
Sep 30, 2009 579.00 Mn
Sep 30, 2009 579.00 Mn
Jun 30, 2009 596.00 Mn
Jun 30, 2009 596.00 Mn
Mar 31, 2009 531.00 Mn
Mar 31, 2009 531.00 Mn