Pepsico (PEP) Change in Taxes (2009 - 2026)
Pepsico (PEP) reported Change in Taxes of $131.0 million for Q1 2026, down 41.26% year-over-year from $223.0 million in Q1 2025, and up 129.84% on a QoQ basis from -$439.0 million in Q4 2025.
Pepsico (PEP) has 18 years of Change in Taxes data on file, last reported at $131.0 million in Q1 2026.
- Quarterly Change in Taxes fell 41.26% year-over-year to $131.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$525.0 million (down 330.33% YoY) and the FY2025 annual result came in at -$433.0 million, down 252.03% from the prior year.
- Change in Taxes improved to $131.0 million in Q1 2026 per PEP's latest filing, from -$439.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $489.0 million in Q1 2022 and bottomed at -$661.0 million in Q4 2022.
- The 5-year median for Change in Taxes is $119.0 million (2022), against an average of -$3.4 million.
- The widest annual swing landed in 2023, when Change in Taxes surged 274.55%; it then tumbled 394.24% in 2025.
- Tracing PEP's Change in Taxes over 5 years: stood at -$661.0 million in 2022, then surged by 69.44% to -$202.0 million in 2023, then sank by 171.78% to -$549.0 million in 2024, then rose by 20.04% to -$439.0 million in 2025, then soared by 129.84% to $131.0 million in 2026.
- Per Business Quant, the three latest PEP Change in Taxes figures stand at $131.0 million (Q1 2026), -$439.0 million (Q4 2025), and -$409.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | - |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 131.00 Mn |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | -23.37 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 | 43.00 Mn |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 153.06 Mn |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | - |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | - |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 14.84 Mn |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 21, 2026 | 131.00 Mn |
| Mar 21, 2026 | 131.00 Mn |
| Dec 27, 2025 | -439.00 Mn |
| Dec 27, 2025 | -439.00 Mn |
| Sep 6, 2025 | -409.00 Mn |
| Sep 6, 2025 | -409.00 Mn |
| Jun 14, 2025 | 192.00 Mn |
| Jun 14, 2025 | 192.00 Mn |
| Mar 22, 2025 | 223.00 Mn |
| Mar 22, 2025 | 223.00 Mn |
| Dec 28, 2024 | -549.00 Mn |
| Dec 28, 2024 | -549.00 Mn |
| Sep 7, 2024 | 139.00 Mn |
| Sep 7, 2024 | 139.00 Mn |
| Jun 15, 2024 | 65.00 Mn |
| Jun 15, 2024 | 65.00 Mn |
| Mar 23, 2024 | 222.00 Mn |
| Mar 23, 2024 | 222.00 Mn |
| Dec 30, 2023 | -202.00 Mn |
| Dec 30, 2023 | -202.00 Mn |
| Sep 9, 2023 | 412.00 Mn |
| Sep 9, 2023 | 412.00 Mn |
| Jun 17, 2023 | -190.00 Mn |
| Jun 17, 2023 | -190.00 Mn |
| Mar 25, 2023 | 290.00 Mn |
| Mar 25, 2023 | 290.00 Mn |
| Dec 31, 2022 | -661.00 Mn |
| Dec 31, 2022 | -661.00 Mn |
| Sep 3, 2022 | 110.00 Mn |
| Sep 3, 2022 | 110.00 Mn |
| Jun 11, 2022 | 119.00 Mn |
| Jun 11, 2022 | 119.00 Mn |
| Mar 19, 2022 | 489.00 Mn |
| Mar 19, 2022 | 489.00 Mn |
| Dec 25, 2021 | -615.00 Mn |
| Dec 25, 2021 | -615.00 Mn |
| Sep 4, 2021 | 129.00 Mn |
| Sep 4, 2021 | 129.00 Mn |
| Jun 12, 2021 | 289.00 Mn |
| Jun 12, 2021 | 289.00 Mn |
| Mar 20, 2021 | 227.00 Mn |
| Mar 20, 2021 | 227.00 Mn |
| Dec 26, 2020 | -742.00 Mn |
| Dec 26, 2020 | -742.00 Mn |
| Sep 5, 2020 | 135.00 Mn |
| Sep 5, 2020 | 135.00 Mn |
| Jun 13, 2020 | 244.00 Mn |
| Jun 13, 2020 | 244.00 Mn |
| Mar 21, 2020 | 204.00 Mn |
| Mar 21, 2020 | 204.00 Mn |
| Dec 28, 2019 | -634.00 Mn |
| Dec 28, 2019 | -634.00 Mn |
| Sep 7, 2019 | 145.00 Mn |
| Sep 7, 2019 | 145.00 Mn |
| Jun 15, 2019 | 82.00 Mn |
| Jun 15, 2019 | 82.00 Mn |
| Mar 23, 2019 | 120.00 Mn |
| Mar 23, 2019 | 120.00 Mn |
| Dec 29, 2018 | -226.00 Mn |
| Dec 29, 2018 | -226.00 Mn |
| Sep 8, 2018 | 264.00 Mn |
| Sep 8, 2018 | 264.00 Mn |
| Jun 16, 2018 | 232.00 Mn |
| Jun 16, 2018 | 232.00 Mn |
| Mar 24, 2018 | 178.00 Mn |
| Mar 24, 2018 | 178.00 Mn |
| Dec 30, 2017 | -971.00 Mn |
| Dec 30, 2017 | -971.00 Mn |
| Sep 9, 2017 | 323.00 Mn |
| Sep 9, 2017 | 323.00 Mn |
| Jun 17, 2017 | 138.00 Mn |
| Jun 17, 2017 | 138.00 Mn |
| Mar 25, 2017 | 172.00 Mn |
| Mar 25, 2017 | 172.00 Mn |
| Dec 31, 2016 | -484.00 Mn |
| Dec 31, 2016 | -484.00 Mn |
| Sep 3, 2016 | 109.00 Mn |
| Sep 3, 2016 | 109.00 Mn |
| Jun 11, 2016 | 386.00 Mn |
| Jun 11, 2016 | 386.00 Mn |
| Mar 19, 2016 | 318.00 Mn |
| Mar 19, 2016 | 318.00 Mn |
| Dec 26, 2015 | -947.00 Mn |
| Dec 26, 2015 | -947.00 Mn |
| Sep 5, 2015 | 354.00 Mn |
| Sep 5, 2015 | 354.00 Mn |
| Jun 13, 2015 | 354.00 Mn |
| Jun 13, 2015 | 354.00 Mn |
| Mar 21, 2015 | 294.00 Mn |
| Mar 21, 2015 | 294.00 Mn |
| Dec 27, 2014 | -744.00 Mn |
| Dec 27, 2014 | -744.00 Mn |
| Sep 6, 2014 | 479.00 Mn |
| Sep 6, 2014 | 479.00 Mn |
| Jun 14, 2014 | 461.00 Mn |
| Jun 14, 2014 | 461.00 Mn |
| Mar 22, 2014 | 175.00 Mn |
| Mar 22, 2014 | 175.00 Mn |
| Dec 28, 2013 | -725.00 Mn |
| Dec 28, 2013 | -725.00 Mn |
| Sep 7, 2013 | 268.00 Mn |
| Sep 7, 2013 | 268.00 Mn |
| Jun 15, 2013 | 299.00 Mn |
| Jun 15, 2013 | 299.00 Mn |
| Mar 23, 2013 | 244.00 Mn |
| Mar 23, 2013 | 244.00 Mn |
| Dec 29, 2012 | -833.00 Mn |
| Dec 29, 2012 | -833.00 Mn |
| Sep 8, 2012 | 304.00 Mn |
| Sep 8, 2012 | 304.00 Mn |
| Jun 16, 2012 | 342.00 Mn |
| Jun 16, 2012 | 342.00 Mn |
| Mar 24, 2012 | 90.00 Mn |
| Mar 24, 2012 | 90.00 Mn |
| Dec 31, 2011 | -1.28 Bn |
| Dec 31, 2011 | -1.28 Bn |
| Sep 3, 2011 | 87.00 Mn |
| Sep 3, 2011 | 87.00 Mn |
| Jun 11, 2011 | 487.00 Mn |
| Jun 11, 2011 | 487.00 Mn |
| Mar 19, 2011 | 362.00 Mn |
| Mar 19, 2011 | 362.00 Mn |
| Dec 25, 2010 | -664.00 Mn |
| Dec 25, 2010 | -664.00 Mn |
| Sep 4, 2010 | 450.00 Mn |
| Sep 4, 2010 | 450.00 Mn |
| Jun 12, 2010 | 151.00 Mn |
| Jun 12, 2010 | 151.00 Mn |
| Mar 20, 2010 | 186.00 Mn |
| Mar 20, 2010 | 186.00 Mn |
| Dec 26, 2009 | -595.00 Mn |
| Dec 26, 2009 | -595.00 Mn |
| Sep 5, 2009 | 245.00 Mn |
| Sep 5, 2009 | 245.00 Mn |
| Jun 13, 2009 | 446.00 Mn |
| Jun 13, 2009 | 446.00 Mn |
| Mar 21, 2009 | 223.00 Mn |
| Mar 21, 2009 | 223.00 Mn |