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

Keurig Dr Pepper (KDP) has reported Cost of Revenue for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 13.82% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $7.8 billion (up 12.79% YoY), while the FY2025 annual figure was $7.6 billion, up 11.46% from the prior year.
• Cost of Revenue eased 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.
• Historically, Cost of Revenue has averaged $1.8 billion across 5 years, with a median of $1.8 billion in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue climbed 29.78% — and 2023, when it declined 6.86%.
• Keurig Dr Pepper's Cost of Revenue stood at $1.8 billion in 2022, then declined by 6.86% to $1.7 billion in 2023, then rose by 6.54% to $1.8 billion in 2024, then gained by 16.01% to $2.1 billion in 2025, then decreased by 9.71% to $1.9 billion in 2026.
• Business Quant data shows KDP's Cost of Revenue at $1.9 billion in Q1 2026, $2.1 billion in Q4 2025, and $2.0 billion in Q3 2025.