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Pepsico (PEP) Operating Expenses (2016 - 2025)

Pepsico (PEP) has disclosed Operating Expenses for 17 consecutive years, with $12.1 billion as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 2.28% to $12.1 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $37.4 billion through Dec 2025, changed 0.48% year-over-year, with the annual reading at $37.4 billion for FY2025, 0.48% changed from the prior year.
  • Operating Expenses for Q4 2025 was $12.1 billion at Pepsico, up from $9.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $12.3 billion in Q4 2024, with the low at $5.8 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $8.8 billion, with a median of $8.5 billion recorded in 2023.
  • The sharpest move saw Operating Expenses grew 15.64% in 2023, then decreased 2.28% in 2025.
  • Over 5 years, Operating Expenses stood at $10.6 billion in 2021, then increased by 15.55% to $12.2 billion in 2022, then decreased by 0.44% to $12.1 billion in 2023, then rose by 1.66% to $12.3 billion in 2024, then decreased by 2.28% to $12.1 billion in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $12.1 billion, $9.1 billion, and $8.8 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.