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Pepsico (PEP) Cost of Revenue (2016 - 2025)

Pepsico (PEP) has disclosed Cost of Revenue for 17 consecutive years, with $13.7 billion as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 4.11% to $13.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $43.1 billion, a 3.17% increase, with the full-year FY2025 number at $43.1 billion, up 3.17% from a year prior.
  • Cost of Revenue was $13.7 billion for Q4 2025 at Pepsico, up from $11.1 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $13.7 billion in Q4 2025 to a low of $6.7 billion in Q1 2021.
  • A 5-year average of $10.2 billion and a median of $10.2 billion in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: rose 25.28% in 2021, then fell 3.9% in 2025.
  • Pepsico's Cost of Revenue stood at $12.1 billion in 2021, then increased by 10.63% to $13.4 billion in 2022, then decreased by 2.41% to $13.1 billion in 2023, then increased by 0.64% to $13.2 billion in 2024, then rose by 4.11% to $13.7 billion in 2025.
  • Per Business Quant, the three most recent readings for PEP's Cost of Revenue are $13.7 billion (Q4 2025), $11.1 billion (Q3 2025), and $10.3 billion (Q2 2025).