Pepsico (PEP) Operating Income (2009 - 2026)
Pepsico (PEP) recorded Operating Income of $4.26 billion in Q3 2026, up 19.4% from $3.57 billion a year earlier and up 5.9% from the prior quarter.
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Analysis
Pepsico (PEP) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Pepsico's Operating Income came in at $15.05 billion as of Sep 5, 2026, up 47.7% year-over-year; for FY2025, it was $11.5 billion, down 10.8% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 2.7% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $12.89 billion in FY2024 (+7.5%), $11.99 billion in FY2023 (+4.1%), $11.51 billion in FY2022 (+3.1%) and $11.16 billion in FY2021 (+10.7%).
- The Q3 2026 figure is the highest quarterly Operating Income since Q1 2022.
- On a year-over-year basis, Operating Income has increased for four consecutive quarters, with growth averaging 24.0% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 127.8% in Q1 2022, against a decline of 68.2% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.02 billion (Q2 2026), $3.21 billion (Q1 2026) and $3.56 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 415.05 Bn | 401.36 Bn | 8.45 Bn | 4.47 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 195.63 Bn | 195.63 Bn | 2.15 Bn | 688.55 Mn |
| 3 | Pepsico | 194.97 Bn | 152.73 Bn | 13.75 Bn | 4.26 Bn |
| 4 | Monster Beverage | 95.69 Bn | 83.94 Bn | 1.42 Bn | 740.44 Mn |
| 5 | Diageo | 54.44 Bn | 34.51 Bn | - | - |
| 6 | Coca-Cola Europacific Partners | 53.15 Bn | 45.82 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.27 Bn | 46.32 Bn | 3.07 Bn | 628.00 Mn |
| 8 | Ambev | 43.18 Bn | 27.99 Bn | 2.14 Bn | 1.08 Bn |
| 9 | Constellation Brands | 25.00 Bn | 24.55 Bn | 1.39 Bn | 805.00 Mn |
| 10 | Brown Forman | 14.15 Bn | 12.83 Bn | 549.00 Mn | 252.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 5, 2026 | 4.26 Bn |
| Jun 13, 2026 | 4.02 Bn |
| Mar 21, 2026 | 3.21 Bn |
| Dec 27, 2025 | 3.56 Bn |
| Sep 6, 2025 | 3.57 Bn |
| Jun 14, 2025 | 1.79 Bn |
| Mar 22, 2025 | 2.58 Bn |
| Dec 28, 2024 | 2.25 Bn |
| Sep 7, 2024 | 3.87 Bn |
| Jun 15, 2024 | 4.05 Bn |
| Mar 23, 2024 | 2.72 Bn |
| Dec 30, 2023 | 1.68 Bn |
| Sep 9, 2023 | 4.02 Bn |
| Jun 17, 2023 | 3.66 Bn |
| Mar 25, 2023 | 2.63 Bn |
| Dec 31, 2022 | 815.00 Mn |
| Sep 3, 2022 | 3.35 Bn |
| Jun 11, 2022 | 2.08 Bn |
| Mar 19, 2022 | 5.27 Bn |
| Dec 25, 2021 | 2.56 Bn |
API Access
Pepsico Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "PEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();