U.S. Refreshment Beverages was Keurig Dr Pepper’s largest segment in fiscal 2025, bringing in $10.44B of $16.60B (63%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. Refreshment Beverages | $8.08B | $8.82B | $9.33B | $10.44B | ||||||||||||||
| Packaged Beverages | — | — | — | — | ||||||||||||||
| Coffee Systems | — | — | — | — | ||||||||||||||
| U.S. Coffee | $4.30B | $4.07B | $3.97B | $3.99B | ||||||||||||||
| International | $1.67B | $1.92B | $2.05B | $2.17B | ||||||||||||||
| Beverage Concentrates | — | — | — | — | ||||||||||||||
| Latin America Beverages | — | — | — | — | ||||||||||||||
| Total | $14.06B | $14.81B | $15.35B | $16.60B |
Keurig Dr Pepper brought in $16.60B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 8.2% from $15.35B in fiscal 2024. U.S. Refreshment Beverages was the largest at $10.44B (62.9%), ahead of U.S. Coffee at $3.99B (24.0%) and International at $2.17B (13.1%).
Compared with fiscal 2024, U.S. Refreshment Beverages grew fastest, up 11.9% to $10.44B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $14.06B to $16.60B, a compound annual growth rate of 5.7%. U.S. Refreshment Beverages' share of the total rose from 57.5% to 62.9%.
Lrb was Keurig Dr Pepper’s largest product and service line in fiscal 2025, bringing in $11.60B of $16.60B (70%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Lrb | $8.94B | $9.91B | $10.57B | $11.60B | |||||
| Pods | $3.77B | $3.68B | $3.61B | $3.78B | |||||
| Csd | — | — | — | — | |||||
| Ncb | — | — | — | — | |||||
| Appliances | $923.00M | $799.00M | $772.00M | $646.00M | |||||
| Other | $424.00M | $426.00M | $399.00M | $578.00M | |||||
| Total | $14.06B | $14.81B | $15.35B | $16.60B |
Keurig Dr Pepper brought in $16.60B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 8.2% from $15.35B in fiscal 2024. Lrb was the largest at $11.60B (69.9%), ahead of Pods at $3.78B (22.7%) and Appliances at $646.00M (3.9%). The remaining line, Other, brought in $578.00M.
Compared with fiscal 2024, Other grew fastest, up 44.9% to $578.00M, while Appliances fell the most, down 16.3% to $646.00M. From fiscal 2022 to 2025, combined revenue from these lines grew from $14.06B to $16.60B, a compound annual growth rate of 5.7%. Lrb's share of the total rose from 63.6% to 69.9%.
U.S was Keurig Dr Pepper’s largest region in fiscal 2025, bringing in $14.50B of $16.60B (87%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S | $12.45B | $12.96B | $13.37B | $14.50B | ||||||||||||||
| Foreign | $1.60B | $1.85B | $1.98B | $2.10B | ||||||||||||||
| International | — | — | — | — | ||||||||||||||
| Total | $14.06B | $14.81B | $15.35B | $16.60B |
Keurig Dr Pepper brought in $16.60B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 8.2% from $15.35B in fiscal 2024. U.S was the largest at $14.50B (87.3%), ahead of Foreign at $2.10B (12.7%).
Compared with fiscal 2024, U.S grew 8.5% to $14.50B and Foreign grew 6.0% to $2.10B. From fiscal 2022 to 2025, combined revenue from these regions grew from $14.06B to $16.60B, a compound annual growth rate of 5.7%. U.S's share of the total fell from 88.6% to 87.3%.
Keurig Dr Pepper (KDP) reports its revenue by segment, by product and service and by geography. In fiscal 2025, U.S. Refreshment Beverages was its largest segment, bringing in $10.44B (62.9% of the total), followed by U.S. Coffee at $3.99B (24.0%).
U.S. Refreshment Beverages was Keurig Dr Pepper's largest segment in fiscal 2025, bringing in $10.44B, or 62.9% of the $16.60B total across its three segments.
Lrb was Keurig Dr Pepper's largest product and service line in fiscal 2025, bringing in $11.60B, or 69.9% of the $16.60B total across its four product and service lines.
U.S was Keurig Dr Pepper's largest region in fiscal 2025, bringing in $14.50B, or 87.3% of the $16.60B total across its two regions.
Among Keurig Dr Pepper's segments that make up at least 2% of revenue, U.S. Refreshment Beverages grew fastest in fiscal 2025, up 11.9% from $9.33B to $10.44B.
Every figure comes from Keurig Dr Pepper's annual financial filings, as reported. Each line keeps the name Keurig Dr Pepper gives it, and years follow its fiscal calendar.
Keurig Dr Pepper's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.