Keurig Dr Pepper (KDP) Operating Expenses (2009 - 2026)
Keurig Dr Pepper's (KDP) quarterly Operating Expenses came in at $46.0 million in Q2 2026, up 4500.0% year-over-year from $1.0 million in Q2 2025, and down 96.57% quarter-over-quarter from $1.3 billion in Q1 2026.
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Analysis
Keurig Dr Pepper (KDP) Operating Expenses (2009 - 2026) Analysis & Trends
Keurig Dr Pepper (KDP) has reported Operating Expenses for 18 consecutive years, with $46.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 4500.0% year-over-year to $46.0 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 60.07% increase from a year earlier, with the FY2025 full-year figure at $77.0 million, down 91.82% from the prior year.
- Operating Expenses was $46.0 million for Q2 2026 at Keurig Dr Pepper, down from $1.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.3 billion in Q1 2026 and troughed at -$8.0 million in Q3 2024.
- A 5-year average of $663.9 million and a median of $970.5 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 100.66% in 2024 and jumped 67200.0% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $1.2 billion in 2022, then advanced by 2.53% to $1.3 billion in 2023, then declined by 26.63% to $923.0 million in 2024, then sank by 92.09% to $73.0 million in 2025, then plunged by 36.99% to $46.0 million in 2026.
- The last three Operating Expenses figures came in at $46.0 million (Q2 2026), $1.3 billion (Q1 2026), and $73.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 1.49 Bn |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 9.09 Bn |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 679.19 Mn |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | -724.58 Mn |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | -5.53 Bn |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 46.00 Mn |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 618.19 Mn |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 457.00 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 |
API Access
Keurig Dr Pepper Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=KDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=KDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();