Pepsico Beverages North America was Pepsico’s largest segment in fiscal 2025, bringing in $28.20B of $93.93B (30%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pepsico Foods North America | — | $28.02B | $27.43B | $27.53B | |||||||||||||
| Pepsico Beverages North America | $26.21B | $27.63B | $27.77B | $28.20B | |||||||||||||
| North America Beverages | — | — | — | — | |||||||||||||
| Nab | — | — | — | — | |||||||||||||
| Pab | — | — | — | — | |||||||||||||
| Europe, Middle East Africa (Segment) | — | $16.21B | $16.66B | $18.03B | |||||||||||||
| Frito Lay North America | $23.29B | — | — | — | |||||||||||||
| Flna | — | — | — | — | |||||||||||||
| All Other Countries | — | — | — | — | |||||||||||||
| Europe | $12.72B | — | — | — | |||||||||||||
| Europe Sub-Saharan Africa | — | — | — | — | |||||||||||||
| Essa | — | — | — | — | |||||||||||||
| Latin America Foods (Segment) | — | $10.58B | $10.57B | $10.55B | |||||||||||||
| Latin America | $9.78B | — | — | — | |||||||||||||
| Latin America Foods | — | — | — | — | |||||||||||||
| Laf | — | — | — | — | |||||||||||||
| Asia, Middle East & North Africa | — | — | — | — | |||||||||||||
| Amena | — | — | — | — | |||||||||||||
| Pepsico Asia Middle East & Africa | — | — | — | — | |||||||||||||
| Amea | — | — | — | — | |||||||||||||
| International Beverage Franchise | — | $4.56B | $4.88B | $5.00B | |||||||||||||
| Africa, Middle East & South Asia | $6.44B | — | — | — | |||||||||||||
| Asia Pacific Foods (Segment) | — | $4.49B | $4.55B | $4.63B | |||||||||||||
| Russia | — | — | — | — | |||||||||||||
| Mexico | — | — | — | — | |||||||||||||
| Asia Pacific, Australia & New Zealand, And China Region | $4.79B | — | — | — | |||||||||||||
| Canada | — | — | — | — | |||||||||||||
| Quaker Foods North America | $3.16B | — | — | — | |||||||||||||
| Qfna | — | — | — | — | |||||||||||||
| United Kingdom | — | — | — | — | |||||||||||||
| Brazil | — | — | — | — | |||||||||||||
| Total | $86.39B | $91.47B | $91.85B | $93.93B |
Pepsico brought in $93.93B from its six segments in fiscal 2025, the year ended December 27, 2025. That was up 2.3% from $91.85B in fiscal 2024. Pepsico Beverages North America was the largest at $28.20B (30.0%), ahead of Pepsico Foods North America at $27.53B (29.3%) and Europe, Middle East Africa (Segment) at $18.03B (19.2%). The other three segments brought in $20.18B combined.
Compared with fiscal 2024, Europe, Middle East Africa (Segment) grew fastest, up 8.2% to $18.03B, while Latin America Foods (Segment) fell the most, down 0.2% to $10.55B.
Pepsico began breaking out Pepsico Foods North America in fiscal 2023, Europe, Middle East Africa (Segment) in fiscal 2023, Latin America Foods (Segment) in fiscal 2023 and International Beverage Franchise in fiscal 2023. Pepsico stopped reporting Frito Lay North America ($23.29B in fiscal 2022), Europe ($12.72B in fiscal 2022), Latin America ($9.78B in fiscal 2022) and three others as separate segments.
United States was Pepsico’s largest region in fiscal 2025, bringing in $52.23B of $93.93B (56%).
| Geography | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $49.39B | $52.17B | $51.67B | $52.23B | ||||||||
| All Other Countries | $15.83B | $16.87B | $17.02B | $17.94B | ||||||||
| Mexico | $5.47B | $7.01B | $7.12B | $6.95B | ||||||||
| Russia | — | — | — | — | ||||||||
| Russian Federation | $4.12B | $3.57B | $3.88B | $4.77B | ||||||||
| Canada | $3.54B | $3.72B | $3.76B | $3.73B | ||||||||
| United Kingdom | $1.84B | $1.95B | $2.06B | $2.14B | ||||||||
| China | $2.75B | $2.70B | $2.71B | $2.62B | ||||||||
| Brazil | $1.62B | $1.78B | $1.77B | $1.78B | ||||||||
| South Africa | $1.84B | $1.71B | $1.86B | $1.77B | ||||||||
| Total | $86.39B | $91.47B | $91.85B | $93.93B |
Pepsico brought in $93.93B from its nine regions in fiscal 2025, the year ended December 27, 2025. That was up 2.3% from $91.85B in fiscal 2024. United States was the largest at $52.23B (55.6%), ahead of All Other Countries at $17.94B (19.1%) and Mexico at $6.95B (7.4%). The other six regions brought in $16.81B combined.
Compared with fiscal 2024, Russian Federation grew fastest, up 22.9% to $4.77B, while China fell the most, down 3.2% to $2.62B. From fiscal 2022 to 2025, combined revenue from these regions grew from $86.39B to $93.93B, a compound annual growth rate of 2.8%. United States' share of the total fell from 57.2% to 55.6%.
Pepsico (PEP) reports its revenue by segment and by geography. In fiscal 2025, Pepsico Beverages North America was its largest segment, bringing in $28.20B (30.0% of the total), followed by Pepsico Foods North America at $27.53B (29.3%).
Pepsico Beverages North America was Pepsico's largest segment in fiscal 2025, bringing in $28.20B, or 30.0% of the $93.93B total across its six segments.
United States was Pepsico's largest region in fiscal 2025, bringing in $52.23B, or 55.6% of the $93.93B total across its nine regions.
Among Pepsico's segments that make up at least 2% of revenue, Europe, Middle East Africa (Segment) grew fastest in fiscal 2025, up 8.2% from $16.66B to $18.03B.
Every figure comes from Pepsico's annual financial filings, as reported. Each line keeps the name Pepsico gives it, and years follow its fiscal calendar.
Pepsico'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.