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
DateValue
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