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% quarter-over-quarter from -$439.0 million in Q4 2025.

Pepsico (PEP) Change in Taxes (2009 - 2026) Analysis & Trends

Pepsico (PEP) has 18 years of Change in Taxes data on file, last reported at $131.0 million in Q1 2026.

  • Change in Taxes for Q1 2026 came in at $131.0 million, down 41.26% year-over-year; the trailing twelve-month figure through Mar 2026 was -$525.0 million (down 330.33% YoY), and the FY2025 annual result was -$433.0 million, down 252.03% from the prior year.
  • Change in Taxes climbed to $131.0 million in Q1 2026 per PEP's latest filing, from -$439.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $489.0 million in Q1 2022 and troughed at -$661.0 million in Q4 2022.
  • A 5-year average of -$3.4 million and a median of $119.0 million in 2022 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2023 and 2025: Change in Taxes jumped 274.55% in 2023, then sank 394.24% in 2025.
  • A 5-year view of Change in Taxes shows it stood at -$661.0 million in 2022, then jumped by 69.44% to -$202.0 million in 2023, then tumbled by 171.78% to -$549.0 million in 2024, then advanced by 20.04% to -$439.0 million in 2025, then surged by 129.84% to $131.0 million in 2026.
  • Business Quant data shows PEP's Change in Taxes at $131.0 million in Q1 2026, -$439.0 million in Q4 2025, and -$409.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Coca Cola 341.39 Bn 332.40 Bn 7.85 Bn -
2 Pepsico 194.25 Bn 183.58 Bn 10.73 Bn 131.00 Mn
3 Monster Beverage 89.38 Bn 86.39 Bn 1.29 Bn -23.37 Mn
4 Coca Cola Femsa Sab De Cv 87.89 Bn 86.38 Bn 1.89 Bn -
5 Keurig Dr Pepper 41.86 Bn 27.96 Bn 2.10 Bn 43.00 Mn
6 Coca-Cola Consolidated 10.27 Bn 10.04 Bn 727.08 Mn -
7 Primo Brands 8.82 Bn 8.54 Bn 464.90 Mn -
8 Celsius Holdings 7.92 Bn 7.37 Bn 378.07 Mn 14.84 Mn
9 Vita Coco Company 4.80 Bn 4.59 Bn 71.81 Mn -
10 National Beverage 3.40 Bn 3.09 Bn 99.60 Mn -

Historic Data

Download Data
DateValue
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