Keurig Dr Pepper (KDP) Operating Expenses (2009 - 2026)
Keurig Dr Pepper (KDP) reported Operating Expenses of $1.3 billion for Q1 2026, up 134100.0% 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 18 years of Operating Expenses data on file, last reported at $1.3 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.3 billion, up 134100.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 16787.5% YoY), and the FY2025 annual result was -$3.0 million, up 66.67% from the prior year.
- Operating Expenses rose to $1.3 billion in Q1 2026 per KDP's latest filing, from -$7.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.3 billion in Q1 2026 and troughed at -$8.0 million in Q4 2024.
- A 5-year average of $777.5 million and a median of $1.2 billion in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses sank 100.64% in 2024, then soared 134100.0% in 2026.
- A 5-year view of Operating Expenses shows it stood at $1.2 billion in 2022, then climbed by 2.53% to $1.3 billion in 2023, then slumped by 100.64% to -$8.0 million in 2024, then grew by 12.5% to -$7.0 million in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 3.47 Bn |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 7.52 Bn |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | 563.39 Mn |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | 1.37 Bn |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | 1.34 Bn |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | 489.56 Mn |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 357.50 Mn |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 239.07 Mn |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | 38.23 Mn |
| 10 | National Beverage | 3.40 Bn | 3.09 Bn | 99.60 Mn | 48.46 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 | -8.00 Mn |
| Jun 30, 2024 | -1.00 Mn |
| Mar 31, 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 |