Pepsico (PEP) Operating Expenses (2009 - 2026)

Pepsico (PEP) has reported Operating Expenses for 18 consecutive years, with $9.1 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 3.59% year-over-year to $9.1 billion in Q2 2026; TTM through Jun 2026 was $37.8 billion, a 0.63% increase from a year earlier, with the FY2025 full-year figure at $37.4 billion, changed 0.48% from the prior year.
• Operating Expenses was $9.1 billion for Q2 2026 at Pepsico, up from $7.5 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $12.3 billion in Q4 2024 and troughed at $6.6 billion in Q1 2022.
• A 5-year average of $9.0 billion and a median of $8.7 billion in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses advanced 15.64% in 2023 and fell 2.28% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $12.2 billion in 2022, then declined by 0.44% to $12.1 billion in 2023, then climbed by 1.66% to $12.3 billion in 2024, then declined by 2.28% to $12.1 billion in 2025, then slipped by 24.66% to $9.1 billion in 2026.
• The last three Operating Expenses figures came in at $9.1 billion (Q2 2026), $7.5 billion (Q1 2026), and $12.1 billion (Q4 2025), per Business Quant data.