Pepsico (PEP) Cost of Revenue (2009 - 2026)
Pepsico (PEP) reported Cost of Revenue of $8.7 billion for Q1 2026, up 9.92% year-over-year from $7.9 billion in Q1 2025, and down 36.52% on a QoQ basis from $13.7 billion in Q4 2025.
Pepsico (PEP) has 18 years of Cost of Revenue data on file, last reported at $8.7 billion in Q1 2026.
- Quarterly Cost of Revenue rose 9.92% year-over-year to $8.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.9 billion (up 5.87% YoY) and the FY2025 annual result came in at $43.1 billion, up 3.17% from the prior year.
- Cost of Revenue retreated to $8.7 billion in Q1 2026 per PEP's latest filing, from $13.7 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $13.7 billion in Q4 2025 and bottomed at $7.4 billion in Q1 2022.
- The 5-year median for Cost of Revenue is $10.3 billion (2025), against an average of $10.4 billion.
- The widest annual swing landed in 2022, when Cost of Revenue increased 11.42%; it then dropped 3.9% in 2025.
- Tracing PEP's Cost of Revenue over 5 years: stood at $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 climbed by 4.11% to $13.7 billion in 2025, then plunged by 36.52% to $8.7 billion in 2026.
- Per Business Quant, the three latest PEP Cost of Revenue figures stand at $8.7 billion (Q1 2026), $13.7 billion (Q4 2025), and $11.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 339.90 Bn | 330.92 Bn | 7.85 Bn | 4.62 Bn |
| 2 | Pepsico | 197.11 Bn | 186.43 Bn | 10.73 Bn | 8.71 Bn |
| 3 | Monster Beverage | 86.17 Bn | 83.18 Bn | 1.29 Bn | 1.06 Bn |
| 4 | Coca-Cola Europacific Partners | 48.14 Bn | 47.52 Bn | - | - |
| 5 | Keurig Dr Pepper | 40.82 Bn | 26.92 Bn | 2.10 Bn | 1.88 Bn |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 2.15 Bn |
| 7 | Coca-Cola Consolidated | 9.79 Bn | 9.56 Bn | 727.08 Mn | 1.12 Bn |
| 8 | Primo Brands | 9.02 Bn | 8.73 Bn | 464.90 Mn | 1.16 Bn |
| 9 | Celsius Holdings | 8.55 Bn | 8.00 Bn | 378.07 Mn | 404.55 Mn |
| 10 | Vita Coco Company | 4.29 Bn | 4.09 Bn | 71.81 Mn | 107.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 21, 2026 | 8.71 Bn |
| Mar 21, 2026 | 8.71 Bn |
| Dec 27, 2025 | 13.72 Bn |
| Dec 27, 2025 | 13.72 Bn |
| Sep 6, 2025 | 11.11 Bn |
| Sep 6, 2025 | 11.11 Bn |
| Jun 14, 2025 | 10.30 Bn |
| Jun 14, 2025 | 10.30 Bn |
| Mar 22, 2025 | 7.93 Bn |
| Mar 22, 2025 | 7.93 Bn |
| Dec 28, 2024 | 13.18 Bn |
| Dec 28, 2024 | 13.18 Bn |
| Sep 7, 2024 | 10.40 Bn |
| Sep 7, 2024 | 10.40 Bn |
| Jun 15, 2024 | 9.92 Bn |
| Jun 15, 2024 | 9.92 Bn |
| Mar 23, 2024 | 8.25 Bn |
| Mar 23, 2024 | 8.25 Bn |
| Dec 30, 2023 | 13.10 Bn |
| Dec 30, 2023 | 13.10 Bn |
| Sep 9, 2023 | 10.68 Bn |
| Sep 9, 2023 | 10.68 Bn |
| Jun 17, 2023 | 10.12 Bn |
| Jun 17, 2023 | 10.12 Bn |
| Mar 25, 2023 | 7.99 Bn |
| Mar 25, 2023 | 7.99 Bn |
| Dec 31, 2022 | 13.42 Bn |
| Dec 31, 2022 | 13.42 Bn |
| Sep 3, 2022 | 10.31 Bn |
| Sep 3, 2022 | 10.31 Bn |
| Jun 11, 2022 | 9.42 Bn |
| Jun 11, 2022 | 9.42 Bn |
| Mar 19, 2022 | 7.43 Bn |
| Mar 19, 2022 | 7.43 Bn |
| Dec 25, 2021 | 12.13 Bn |
| Dec 25, 2021 | 12.13 Bn |
| Sep 4, 2021 | 9.39 Bn |
| Sep 4, 2021 | 9.39 Bn |
| Jun 12, 2021 | 8.88 Bn |
| Jun 12, 2021 | 8.88 Bn |
| Mar 20, 2021 | 6.67 Bn |
| Mar 20, 2021 | 6.67 Bn |
| Dec 26, 2020 | 10.43 Bn |
| Dec 26, 2020 | 10.43 Bn |
| Sep 5, 2020 | 8.16 Bn |
| Sep 5, 2020 | 8.16 Bn |
| Jun 13, 2020 | 7.09 Bn |
| Jun 13, 2020 | 7.09 Bn |
| Mar 21, 2020 | 6.13 Bn |
| Mar 21, 2020 | 6.13 Bn |
| Dec 28, 2019 | 9.35 Bn |
| Dec 28, 2019 | 9.35 Bn |
| Sep 7, 2019 | 7.69 Bn |
| Sep 7, 2019 | 7.69 Bn |
| Jun 15, 2019 | 7.40 Bn |
| Jun 15, 2019 | 7.40 Bn |
| Mar 23, 2019 | 5.69 Bn |
| Mar 23, 2019 | 5.69 Bn |
| Dec 29, 2018 | 8.94 Bn |
| Dec 29, 2018 | 8.94 Bn |
| Sep 8, 2018 | 7.53 Bn |
| Sep 8, 2018 | 7.53 Bn |
| Jun 16, 2018 | 7.26 Bn |
| Jun 16, 2018 | 7.26 Bn |
| Mar 24, 2018 | 5.66 Bn |
| Mar 24, 2018 | 5.66 Bn |
| Dec 30, 2017 | 9.08 Bn |
| Dec 30, 2017 | 9.08 Bn |
| Sep 9, 2017 | 7.37 Bn |
| Sep 9, 2017 | 7.37 Bn |
| Jun 17, 2017 | 7.06 Bn |
| Jun 17, 2017 | 7.06 Bn |
| Mar 25, 2017 | 5.29 Bn |
| Mar 25, 2017 | 5.29 Bn |
| Dec 31, 2016 | 8.96 Bn |
| Dec 31, 2016 | 8.96 Bn |
| Sep 3, 2016 | 7.28 Bn |
| Sep 3, 2016 | 7.28 Bn |
| Jun 11, 2016 | 6.83 Bn |
| Jun 11, 2016 | 6.83 Bn |
| Mar 19, 2016 | 5.15 Bn |
| Mar 19, 2016 | 5.15 Bn |
| Dec 26, 2015 | 8.49 Bn |
| Dec 26, 2015 | 8.49 Bn |
| Sep 5, 2015 | 7.49 Bn |
| Sep 5, 2015 | 7.49 Bn |
| Jun 13, 2015 | 7.25 Bn |
| Jun 13, 2015 | 7.25 Bn |
| Mar 21, 2015 | 5.50 Bn |
| Mar 21, 2015 | 5.50 Bn |
| Dec 27, 2014 | 9.72 Bn |
| Dec 27, 2014 | 9.72 Bn |
| Sep 6, 2014 | 8.00 Bn |
| Sep 6, 2014 | 8.00 Bn |
| Jun 14, 2014 | 7.78 Bn |
| Jun 14, 2014 | 7.78 Bn |
| Mar 22, 2014 | 5.75 Bn |
| Mar 22, 2014 | 5.75 Bn |
| Dec 28, 2013 | 9.57 Bn |
| Dec 28, 2013 | 9.57 Bn |
| Sep 7, 2013 | 7.95 Bn |
| Sep 7, 2013 | 7.95 Bn |
| Jun 15, 2013 | 7.90 Bn |
| Jun 15, 2013 | 7.90 Bn |
| Mar 23, 2013 | 5.83 Bn |
| Mar 23, 2013 | 5.83 Bn |
| Dec 29, 2012 | 9.65 Bn |
| Dec 29, 2012 | 9.65 Bn |
| Sep 8, 2012 | 7.83 Bn |
| Sep 8, 2012 | 7.83 Bn |
| Jun 16, 2012 | 7.92 Bn |
| Jun 16, 2012 | 7.92 Bn |
| Mar 24, 2012 | 5.89 Bn |
| Mar 24, 2012 | 5.89 Bn |
| Dec 31, 2011 | 9.73 Bn |
| Dec 31, 2011 | 9.73 Bn |
| Sep 3, 2011 | 8.45 Bn |
| Sep 3, 2011 | 8.45 Bn |
| Jun 11, 2011 | 7.96 Bn |
| Jun 11, 2011 | 7.96 Bn |
| Mar 19, 2011 | 5.45 Bn |
| Mar 19, 2011 | 5.45 Bn |
| Dec 25, 2010 | 8.36 Bn |
| Dec 25, 2010 | 8.36 Bn |
| Sep 4, 2010 | 7.01 Bn |
| Sep 4, 2010 | 7.01 Bn |
| Jun 12, 2010 | 6.75 Bn |
| Jun 12, 2010 | 6.75 Bn |
| Mar 20, 2010 | 4.46 Bn |
| Mar 20, 2010 | 4.46 Bn |
| Dec 26, 2009 | 6.29 Bn |
| Dec 26, 2009 | 6.29 Bn |
| Sep 5, 2009 | 5.18 Bn |
| Sep 5, 2009 | 5.18 Bn |
| Jun 13, 2009 | 4.88 Bn |
| Jun 13, 2009 | 4.88 Bn |
| Mar 21, 2009 | 3.74 Bn |
| Mar 21, 2009 | 3.74 Bn |