Keurig Dr Pepper (KDP) Operating Expenses (2009 - 2026)
Keurig Dr Pepper (KDP) posted quarterly Operating Expenses of $1.3 billion for Q1 2026, up 134300.0% year-over-year from N/an in Q1 2025, and up 19271.43% quarter-over-quarter from -$7.0 million in Q4 2025.
Keurig Dr Pepper (KDP) Operating Expenses (2009 - 2026) Analysis & Trends
Keurig Dr Pepper (KDP) has reported Operating Expenses for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 134300.0% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $1.3 billion (up 3708.11% YoY), while the FY2025 annual figure was -$3.0 million, up 66.67% from the prior year.
- Operating Expenses climbed to $1.3 billion in Q1 2026 per KDP's latest filing, from -$7.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.3 billion in Q1 2026 and bottomed at -$27.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $775.4 million across 5 years, with a median of $1.2 billion in 2022.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 102.15% — and 2026, when it soared 134300.0%.
- Keurig Dr Pepper's Operating Expenses stood at $1.2 billion in 2022, then grew by 2.53% to $1.3 billion in 2023, then tumbled by 102.15% to -$27.0 million in 2024, then soared by 74.07% to -$7.0 million in 2025, then surged by 19271.43% to $1.3 billion in 2026.
- Business Quant data shows KDP's Operating Expenses at $1.3 billion in Q1 2026, -$7.0 million in Q4 2025, and -$1.0 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,830.87 Bn | 1,830.87 Bn | 2.06 Bn | 1.49 Bn |
| 2 | Coca Cola | 372.96 Bn | 358.81 Bn | 8.42 Bn | 3.72 Bn |
| 3 | Pepsico | 189.00 Bn | 178.28 Bn | 13.11 Bn | 9.09 Bn |
| 4 | Coca-Cola Europacific Partners | 48.40 Bn | 47.23 Bn | - | - |
| 5 | Monster Beverage | 44.74 Bn | 41.33 Bn | 1.42 Bn | 679.19 Mn |
| 6 | Keurig Dr Pepper | 39.87 Bn | 38.97 Bn | 2.10 Bn | 1.34 Bn |
| 7 | Andina Bottling | 22.49 Bn | 22.49 Bn | 319.18 Bn | -225.94 Bn |
| 8 | Coca-Cola Consolidated | 10.22 Bn | 10.04 Bn | 778.41 Mn | 507.07 Mn |
| 9 | Primo Brands | 8.52 Bn | 8.15 Bn | 548.70 Mn | 355.50 Mn |
| 10 | Celsius Holdings | 7.11 Bn | 6.48 Bn | 393.69 Mn | 318.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | -7.00 Mn |
| Mar 31, 2025 | -1.00 Mn |
| Dec 31, 2024 | -27.00 Mn |
| Sep 30, 2024 | -8.00 Mn |
| Jun 30, 2024 | -1.00 Mn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 1.22 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.17 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 1.02 Bn |
| Dec 31, 2021 | 1.11 Bn |
| Sep 30, 2021 | 1.04 Bn |
| Jun 30, 2021 | 1.04 Bn |
| Mar 31, 2021 | 961.00 Mn |
| Dec 31, 2020 | 1.00 Bn |
| Sep 30, 2020 | 949.00 Mn |