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% on a QoQ basis from -$7.0 million in Q4 2025.
Keurig Dr Pepper (KDP) has 18 years of Operating Expenses data on file, last reported at $1.3 billion in Q1 2026.
- Quarterly Operating Expenses rose 134100.0% year-over-year to $1.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 16787.5% YoY) and the FY2025 annual result came in at -$3.0 million, up 66.67% from the prior year.
- Operating Expenses grew 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 -$8.0 million in Q4 2024.
- The 5-year median for Operating Expenses is $1.2 billion (2022), against an average of $777.5 million.
- The widest annual swing landed in 2024, when Operating Expenses tumbled 100.64%; it then jumped 134100.0% in 2026.
- Tracing KDP's Operating Expenses over 5 years: stood at $1.2 billion in 2022, then gained by 2.53% to $1.3 billion in 2023, then plunged by 100.64% to -$8.0 million in 2024, then advanced by 12.5% to -$7.0 million in 2025, then surged by 19271.43% to $1.3 billion in 2026.
- Per Business Quant, the three latest KDP Operating Expenses figures stand at $1.3 billion (Q1 2026), -$7.0 million (Q4 2025), and $1.0 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 3.47 Bn |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 7.52 Bn |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | 563.39 Mn |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 1.34 Bn |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 1.37 Bn |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | 489.56 Mn |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | 357.50 Mn |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 239.07 Mn |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 38.23 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 |
| Jun 30, 2020 | 1.00 Bn |
| Mar 31, 2020 | 1.03 Bn |
| Dec 31, 2019 | 1.01 Bn |
| Sep 30, 2019 | 1.01 Bn |
| Jun 30, 2019 | 1.03 Bn |
| Mar 31, 2019 | 911.00 Mn |
| Dec 31, 2018 | 986.00 Mn |
| Sep 30, 2018 | 1.03 Bn |
| Jun 30, 2018 | 370.00 Mn |
| Mar 31, 2018 | 350.00 Mn |
| Dec 31, 2017 | 298.00 Mn |
| Sep 30, 2017 | 470.00 Mn |
| Jun 30, 2017 | 325.00 Mn |
| Mar 31, 2017 | 315.00 Mn |
| Dec 31, 2016 | 331.00 Mn |
| Jun 30, 2016 | 637.00 Mn |
| Mar 31, 2016 | 594.00 Mn |
| Dec 31, 2015 | 632.00 Mn |
| Sep 30, 2015 | 639.00 Mn |
| Jun 30, 2015 | 634.00 Mn |
| Mar 31, 2015 | 600.00 Mn |
| Dec 31, 2014 | 658.00 Mn |
| Sep 30, 2014 | 630.00 Mn |
| Jun 30, 2014 | 641.00 Mn |
| Mar 31, 2014 | 604.00 Mn |
| Dec 31, 2013 | 577.00 Mn |
| Sep 30, 2013 | 612.00 Mn |
| Jun 30, 2013 | 668.00 Mn |
| Mar 31, 2013 | 611.00 Mn |
| Dec 31, 2012 | 604.00 Mn |
| Sep 30, 2012 | 608.00 Mn |
| Jun 30, 2012 | 655.00 Mn |
| Mar 31, 2012 | 604.00 Mn |
| Dec 31, 2011 | 603.00 Mn |
| Sep 30, 2011 | 609.00 Mn |
| Jun 30, 2011 | 647.00 Mn |
| Mar 31, 2011 | 596.00 Mn |
| Dec 31, 2010 | 599.00 Mn |
| Sep 30, 2010 | 611.00 Mn |
| Jun 30, 2010 | 633.00 Mn |
| Mar 31, 2010 | 575.00 Mn |
| Dec 31, 2009 | 585.00 Mn |
| Sep 30, 2009 | 589.00 Mn |
| Jun 30, 2009 | 590.00 Mn |
| Mar 31, 2009 | 538.00 Mn |