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Pepsico (PEP) Operating Expenses (2016 - 2026)

Pepsico filings provide 18 years of Operating Expenses readings, the most recent being $7.5 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 1.46% to $7.5 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $37.5 billion, a 0.43% change, with the full-year FY2025 number at $37.4 billion, changed 0.48% from a year prior.
  • Operating Expenses reached $7.5 billion in Q1 2026 per PEP's latest filing, down from $12.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $12.3 billion in Q4 2024, with the low at $6.6 billion in Q1 2022.
  • A 5-year average of $9.0 billion and a median of $8.5 billion in 2023 define the central range for Operating Expenses.
  • Year-over-year, Operating Expenses increased 15.64% in 2023 and then fell 2.28% in 2025.
  • Year by year, Operating Expenses stood at $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, then tumbled by 37.68% to $7.5 billion in 2026.
  • Per Business Quant, the three most recent readings for PEP's Operating Expenses are $7.5 billion (Q1 2026), $12.1 billion (Q4 2025), and $9.1 billion (Q3 2025).