Pepsico (PEP) Cost of Revenue (2009 - 2026)
Pepsico's (PEP) quarterly Cost of Revenue came in at $11.1 billion in Q2 2026, up 7.43% year-over-year from $10.3 billion in Q2 2025, and up 27.07% quarter-over-quarter from $8.7 billion in Q1 2026.
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Analysis
Pepsico (PEP) Cost of Revenue (2009 - 2026) Analysis & Trends
Pepsico (PEP) has reported Cost of Revenue for 18 consecutive years, with $11.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 7.43% year-over-year to $11.1 billion in Q2 2026; TTM through Jun 2026 was $44.6 billion, a 6.72% increase from a year earlier, with the FY2025 full-year figure at $43.1 billion, up 3.17% from the prior year.
- Cost of Revenue was $11.1 billion for Q2 2026 at Pepsico, up from $8.7 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $13.7 billion in Q4 2025 and troughed at $7.4 billion in Q1 2022.
- A 5-year average of $10.4 billion and a median of $10.3 billion in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue rose 11.42% in 2022 and declined 3.9% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $13.4 billion in 2022, then slipped by 2.41% to $13.1 billion in 2023, then rose by 0.64% to $13.2 billion in 2024, then grew by 4.11% to $13.7 billion in 2025, then declined by 19.33% to $11.1 billion in 2026.
- The last three Cost of Revenue figures came in at $11.1 billion (Q2 2026), $8.7 billion (Q1 2026), and $13.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 4.97 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 | 2.32 Bn |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 11.07 Bn |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 1.12 Bn |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 1.92 Bn |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | 15.67 Bn |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 4.24 Bn |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 1.05 Bn |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 1.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 13, 2026 | 11.07 Bn |
| Mar 21, 2026 | 8.71 Bn |
| Dec 27, 2025 | 13.72 Bn |
| Sep 6, 2025 | 11.11 Bn |
| Jun 14, 2025 | 10.30 Bn |
| Mar 22, 2025 | 7.93 Bn |
| Dec 28, 2024 | 13.18 Bn |
| Sep 7, 2024 | 10.40 Bn |
| Jun 15, 2024 | 9.92 Bn |
| Mar 23, 2024 | 8.25 Bn |
| Dec 30, 2023 | 13.10 Bn |
| Sep 9, 2023 | 10.68 Bn |
| Jun 17, 2023 | 10.12 Bn |
| Mar 25, 2023 | 7.99 Bn |
| Dec 31, 2022 | 13.42 Bn |
| Sep 3, 2022 | 10.31 Bn |
| Jun 11, 2022 | 9.42 Bn |
| Mar 19, 2022 | 7.43 Bn |
| Dec 25, 2021 | 12.13 Bn |
| Sep 4, 2021 | 9.39 Bn |
API Access
Pepsico Cost of Revenue 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=cost-of-revenue&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();