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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 382.39 Bn | 368.24 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Pepsico | 190.39 Bn | 179.68 Bn | 13.11 Bn | 9.09 Bn |
| 3 | Coca Cola Femsa Sab De Cv | 189.61 Bn | 189.61 Bn | 2.06 Bn | 1.49 Bn |
| 4 | Monster Beverage | 86.98 Bn | 83.56 Bn | 1.42 Bn | 679.19 Mn |
| 5 | Coca-Cola Europacific Partners | 49.56 Bn | 48.40 Bn | - | -5.53 Bn |
| 6 | Keurig Dr Pepper | 44.55 Bn | 43.04 Bn | 3.07 Bn | 46.00 Mn |
| 7 | Andina Bottling | 23.19 Bn | 22.72 Bn | 698.26 Mn | 618.19 Mn |
| 8 | Coca-Cola Consolidated | 13.11 Bn | 12.94 Bn | 778.41 Mn | 507.07 Mn |
| 9 | Celsius Holdings | 7.96 Bn | 7.33 Bn | 393.69 Mn | 318.67 Mn |
| 10 | Primo Brands | 7.91 Bn | 7.55 Bn | 548.70 Mn | 355.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.00 Mn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 73.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | -2.00 Mn |
| Dec 31, 2024 | 923.00 Mn |
| Sep 30, 2024 | -8.00 Mn |
| Jun 30, 2024 | 17.00 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 |