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Keurig Dr Pepper KDP U.S. Refreshment Beverages — Selling, general, and administrative expenses

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Other financials

Income statement

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Revenue$4.0B+9.4%
Gross profit$2.1B+5.7%
Operating income$756.0M-5.6%
Net income$270.0M-47.8%
EPS (diluted)$0.20-47.4%

Balance sheet

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Cash & equivalents$18.7B+2,392%
Total debt$24.8B+68.9%
Total equity$25.3B+3.3%
Total assets$73.1B+36.2%

Cash flow

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Operating cash flow$281.0M+34.4%
CapEx$116.0M-3.3%
Free cash flow$165.0M+85.4%

Valuation

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Market cap$45.44B-0.3%
Enterprise value$51.5B-15.8%
P/E24.8×-2.3×
P/S2.7×-0.2×

Profitability

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Gross margin53.8%-1.5pp
Operating margin20.8%+3.9pp
Net margin10.8%+0.2pp
FCF margin9.3%-2.4pp

Returns & leverage

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Return on equity7.4%+0.7pp
Debt / equity+0.4×
Current ratio2.3×+1.8×

Where this comes from

Reported directly by Keurig Dr Pepper in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Keurig Dr Pepper’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Keurig Dr Pepper's U.S. refreshment beverages — selling, general, and administrative expenses?
Keurig Dr Pepper (KDP) reported U.S. refreshment beverages — selling, general, and administrative expenses of $812M in Q1 2026.
How has Keurig Dr Pepper's U.S. refreshment beverages — selling, general, and administrative expenses changed year-over-year?
Keurig Dr Pepper's U.S. refreshment beverages — selling, general, and administrative expenses increased by 10.8% year-over-year, from $733M to $812M.
What does U.S. refreshment beverages — selling, general, and administrative expenses mean?
This captures the operating costs for the U.S. Refreshment Beverages segment that are not directly tied to production, including marketing, advertising, sales force compensation, and administrative overhead. It reflects the company's investment in brand building and the cost of maintaining its distribution infrastructure.