Income StatementBalance SheetCash FlowSegments
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PepsiCo Business Segments

Business, geographic, and product segment breakdowns

PepsiCo generates $95.4B in annual revenue across 4 key segments: Asia Pacific Foods (Segment) ($7.3B), Europe, Middle East & Africa (Segment) ($24.3B), International Beverage Franchise ($7.3B), and Latin America Foods (Segment) ($16.4B). The company-wide operating margin is 12.71%. Based on the Q1 2026 filing.

Asia Pacific Foods (Segment) (TTM)$7.3BEurope, Middle East & Africa (Segment) (TTM)$24.3BInternational Beverage Franchise (TTM)$7.3BLatin America Foods (Segment) (TTM)$16.4BPepsiCo Beverages North America$6.4BPepsiCo Foods North America (TTM)$45.2B
Latest FilingQ1 2026
Report Date2026-04-16
Market Cap$205.79B
P/E Ratio23.57
ROE43.92%

Geographic

Net Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
All Other Countries$4.3B$4.5B$4.5B$4.5B$4.5B—

Disaggregation of Net Revenue - Beverages

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North America—49.0%51.0%53.0%—50.0%
International (Outside of North America)—27.0%33.0%33.0%—27.0%

Disaggregation of Net Revenue - Convenient Food

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
International (Outside of North America)—73.0%69.0%68.0%—73.0%
North America—51.0%50.0%49.0%—50.0%

Disaggregation of Net Revenue - Convenient Foods

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
EMEA$0.2$0.2$0.2$0.2$0.2—
International (Outside of North America)$0.2$0.2$0.2$0.2$0.2—
North America$0.1$0.1$0.1$0.1$0.1—

Property, Plant and Equipment, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
International$11.5B———$13.2B—

Business Segments

Business Combination, Separately Recognized Transactions, Net Gains and Losses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America-$1.0M-$10.0M$66.0M-$285.0M-$193.0M$114.0M
PepsiCo Foods North America-$9.0M-$15.0M$21.0M-$23.0M-$11.0M-$1.0M
Asia Pacific Foods (Segment)-$5.0M$0.0$0.0$0.0-$3.0M$0.0
Europe, Middle East & Africa (Segment)$0.0$0.0$0.0$0.0$0.0$0.0
International Beverage Franchise$0.0$0.0$0.0$0.0$0.0$0.0
Latin America Foods (Segment)$0.0$0.0$0.0$0.0$0.0$0.0

Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia Pacific Foods (Segment)—$0.0$0.0$0.0$0.0—
Europe, Middle East & Africa (Segment)—$0.0$0.0$0.0$0.0—
International Beverage Franchise—$0.0$0.0$0.0$0.0—
Latin America Foods (Segment)—$0.0$0.0$0.0$0.0—
PepsiCo Foods North America—$0.0$0.0$0.0$0.0—

Depreciation, Depletion and Amortization, Nonproduction

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America—$253.0M$484.0M$713.0M—$252.0M
PepsiCo Foods North America—$210.0M$432.0M$665.0M—$227.0M
Europe, Middle East & Africa (Segment)—$81.0M$210.0M$348.0M—$101.0M
Latin America Foods (Segment)—$62.0M$161.0M$266.0M—$80.0M
Asia Pacific Foods (Segment)—$23.0M$58.0M$94.0M—$28.0M
International Beverage Franchise$0.0$19.0M$39.0M$64.0M—$18.0M

Goodwill, Acquired During Period

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia Pacific Foods (Segment)$750.0K$0.0$0.0$0.0$0.0—
Europe, Middle East & Africa (Segment)$0.0$0.0$0.0$0.0$0.0—
International Beverage Franchise$0.0$0.0$0.0$0.0$0.0—
Latin America Foods (Segment)$0.0$0.0$0.0$0.0$0.0—
PepsiCo Foods North America$39.8M$156.3M$156.3M$156.3M$156.3M—

Indefinite-Lived Intangible Assets, Translation and Purchase Accounting Adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia Pacific Foods (Segment)-$3.8M$5.8M$5.8M$5.8M$5.8M—
Europe, Middle East & Africa (Segment)-$47.0M$123.5M$123.5M$123.5M$123.5M—
International Beverage Franchise-$17.0M$750.0K$750.0K$750.0K$750.0K—
Latin America Foods (Segment)-$9.8M$7.8M$7.8M$7.8M$7.8M—
PepsiCo Foods North America-$2.5M$1.5M$1.5M$1.5M$1.5M—

Net Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America—$5.9B$12.7B$20.0B—$6.4B
PepsiCo Foods North America—$6.2B$12.7B$19.2B—$6.3B
Europe, Middle East & Africa (Segment)—$2.4B$6.9B$11.9B—$2.8B
Latin America Foods (Segment)—$1.7B$4.2B$6.9B—$1.9B
Asia Pacific Foods (Segment)—$1.0B$2.0B$3.1B—$1.1B
International Beverage Franchise—$759.0M$2.1B$3.4B—$824.0M

Operating Profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Foods North America—$1.5B$2.9B$4.5B—$1.4B
PepsiCo Beverages North America—$460.0M-$639.0M$729.0M$539.0M$736.0M
Latin America Foods (Segment)—$344.0M$877.0M$1.3B—$428.0M
International Beverage Franchise—$277.0M$812.0M$1.2B—$321.0M
Europe, Middle East & Africa (Segment)—$220.0M$590.0M$1.3B$0.0$278.0M
Asia Pacific Foods (Segment)—$160.0M$170.0M$321.0M—$217.0M

Payments to Acquire Productive Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America$92.0M$248.0M$531.0M$809.0M—$183.0M
PepsiCo Foods North America—$195.0M$425.0M$645.0M—$110.0M
Europe, Middle East & Africa (Segment)$127.0M$50.0M$187.0M$354.0M$153.0M$66.0M
Latin America Foods (Segment)$129.0M$46.0M$161.0M$339.0M$126.0M$41.0M
Asia Pacific Foods (Segment)$55.0M$24.0M$92.0M$152.0M$0.0$16.0M
International Beverage Franchise$16.0M$16.0M$46.0M$77.0M—$9.0M

Restructuring and impairment charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Foods North America$49.0M$24.0M$115.0M$147.0M$58.0M$75.0M
Europe, Middle East & Africa (Segment)—$13.0M$49.0M$118.0M$15.0M$23.0M
PepsiCo Beverages North America$70.0M$125.0M$173.0M$192.0M—$17.0M
International Beverage Franchise$9.0M$2.0M$5.0M$7.0M$0.0$7.0M
Latin America Foods (Segment)—$7.0M$19.0M$36.0M—$3.0M
Asia Pacific Foods (Segment)—$1.0M$4.0M$9.0M—$1.0M

Restructuring and Related Cost, Cost Incurred to Date

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Europe, Middle East & Africa (Segment)—$774.0M$810.0M$879.0M$956.0M$979.0M
PepsiCo Foods North America—$456.0M$547.0M$579.0M$776.0M$851.0M
PepsiCo Beverages North America$505.0M$630.0M$678.0M$697.0M$786.0M$803.0M
Latin America Foods (Segment)—$254.0M$266.0M$283.0M$299.0M$302.0M
Asia Pacific Foods (Segment)—$88.0M$91.0M$96.0M$99.0M$100.0M
International Beverage Franchise—$53.0M$56.0M$58.0M$65.0M$72.0M

Restructuring and Related Cost, Percentage of Expect Costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Europe, Middle East & Africa (Segment)—30.0%30.0%25.0%25.0%25.0%
PepsiCo Beverages North America25.0%25.0%25.0%25.0%25.0%25.0%
PepsiCo Foods North America—15.0%15.0%20.0%20.0%20.0%
Latin America Foods (Segment)—10.0%10.0%10.0%10.0%10.0%
Asia Pacific Foods (Segment)—4.0%4.0%3.0%3.0%3.0%
International Beverage Franchise—1.0%1.0%2.0%2.0%2.0%

Restructuring Charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Foods North America—$24.0M$115.0M$147.0M—$75.0M
Europe, Middle East & Africa (Segment)—$13.0M$49.0M$118.0M—$23.0M
PepsiCo Beverages North America—$125.0M$173.0M$192.0M—$17.0M
International Beverage Franchise—$2.0M$5.0M$7.0M—$7.0M
Latin America Foods (Segment)—$7.0M$19.0M$36.0M—$3.0M
Asia Pacific Foods (Segment)—$1.0M$4.0M$9.0M—$1.0M

Segment cost of sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Foods North America—$2.3B$4.8B$7.4B—$2.4B
Europe, Middle East & Africa (Segment)—$1.4B$4.0B$6.9B—$1.7B
Latin America Foods (Segment)—$698.0M$1.8B$2.9B—$780.0M
Asia Pacific Foods (Segment)—$612.0M$1.2B$1.9B—$657.0M
International Beverage Franchise—$212.0M$612.0M$1.0B—$234.0M

Segment selling, general and administrative expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia Pacific Foods (Segment)$350.5M$328.8M$328.8M$328.8M$328.8M—
Europe, Middle East & Africa (Segment)$1.2B$1.3B$1.3B$1.3B$1.3B—
International Beverage Franchise$422.3M$403.0M$403.0M$403.0M$403.0M—
Latin America Foods (Segment)$1.0B$981.3M$981.3M$981.3M$981.3M—
PepsiCo Foods North America$2.6B$2.6B$2.6B$2.6B$2.6B—

Segment selling, general and administrative expenses (a)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America—$2.6B$5.4B$8.4B—$2.8B
PepsiCo Foods North America—$2.3B$4.8B$7.2B—$2.4B
Europe, Middle East & Africa (Segment)—$748.0M$2.0B$3.3B—$849.0M
Latin America Foods (Segment)—$612.0M$1.5B$2.5B—$723.0M
Asia Pacific Foods (Segment)—$249.0M$531.0M$824.0M—$264.0M
International Beverage Franchise—$268.0M$698.0M$1.1B—$262.0M

Indirect and income tax impact - per share

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Latin America Foods (Segment)—$0.02$0.02$0.02$0.02—

Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment, after tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America—$5.5M$5.5M$5.5M$5.5M—

Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment, per share amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
PepsiCo Beverages North America—$0.01$0.01$0.01$0.01—