Pepsico (PEP) Operating Expenses (2009 - 2026)

Pepsico (PEP) has 18 years of Operating Expenses data on file, last reported at $7.5 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $7.5 billion, up 1.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $37.5 billion (changed 0.43% YoY), and the FY2025 annual result was $37.4 billion, changed 0.48% from the prior year.
• Operating Expenses eased to $7.5 billion in Q1 2026 per PEP's latest filing, from $12.1 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 $8.5 billion in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses climbed 15.64% in 2023, then retreated 2.28% in 2025.
• A 5-year view of Operating Expenses shows it stood at $12.2 billion in 2022, then fell by 0.44% to $12.1 billion in 2023, then grew by 1.66% to $12.3 billion in 2024, then fell by 2.28% to $12.1 billion in 2025, then plunged by 37.68% to $7.5 billion in 2026.
• Business Quant data shows PEP's Operating Expenses at $7.5 billion in Q1 2026, $12.1 billion in Q4 2025, and $9.1 billion in Q3 2025.