What is Keurig Dr Pepper's SG&A?

Keurig Dr Pepper (KDP) reported SG&A of $1.34B in Q1 2026.

How has Keurig Dr Pepper's SG&A changed year-over-year?

Keurig Dr Pepper's SG&A increased by 12.6% year-over-year, from $1.19B to $1.34B.

What is the long-term trend for Keurig Dr Pepper's SG&A?

Over 4 years (2021 to 2025), Keurig Dr Pepper's SG&A has grown at a 6.5% compound annual growth rate (CAGR), from $4.15B to $5.35B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Keurig Dr Pepper KDP SG&A

SG&A at other companies

Coca-ColaKO

$3.47B+7.4%

National BeverageFIZZ

$48.46M+0.2%

PepsiCoPEP

$7.52B+1.5%

Celsius Holdings, Inc.CELH

$234.65M+95.0%

Westrock Coffee CompanyWEST

$37.85M-6.2%

Primo BrandsPRMB

$336.7M+2.7%

Segments

By segment

See full

U.S. Refreshment Beverages$812M+10.8%

U.S. Coffee$158M+4.6%

International$145M+21.8%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$281.0M+34.4%

CapEx$116.0M-3.3%

Free cash flow$165.0M+85.4%

Valuation

See full

Market cap$45.44B-0.3%

Enterprise value$51.5B-15.8%

P/E24.8×-2.3×

P/S2.7×-0.2×

Profitability

See full

Gross margin53.8%-1.5pp

Operating margin20.8%+3.9pp

Net margin10.8%+0.2pp

FCF margin9.3%-2.4pp

Returns & leverage

See full

Return on equity7.4%+0.7pp

Debt / equity1×+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 SG&A?: Keurig Dr Pepper (KDP) reported SG&A of $1.34B in Q1 2026.
How has Keurig Dr Pepper's SG&A changed year-over-year?: Keurig Dr Pepper's SG&A increased by 12.6% year-over-year, from $1.19B to $1.34B.
What is the long-term trend for Keurig Dr Pepper's SG&A?: Over 4 years (2021 to 2025), Keurig Dr Pepper's SG&A has grown at a 6.5% compound annual growth rate (CAGR), from $4.15B to $5.35B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.