When did PepsiCo report Q2 2025 earnings?

PepsiCo (PEP) reported Q2 2025 earnings on July 17, 2025 before market open.

What were PepsiCo's Q2 2025 revenue and EPS?

PepsiCo reported revenue of $22.7B and diluted EPS of $2.12 for Q2 2025.

Did PepsiCo beat estimates in Q2 2025?

Revenue beat the consensus estimate of $22.3B by $454.7M. EPS beat the consensus estimate of $2.03 by $0.09.

How did PepsiCo's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 1.0% from $22.5B a year earlier and diluted EPS declined 7.0% from $2.28.

Where can I find PepsiCo's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0000077476-25-000044) directly on SEC EDGAR. The filing index links above go to sec.gov.

PepsiCo PEP Q2 2025 earnings

Reported July 17, 2025 · Before market open

Revenue$22.7BBeat by $454.7M Diluted EPS$2.12Beat by $0.09

Revenue estimate$22.3B

EPS estimate$2.03

Next report

Oct 8, 2026 (in 3 months)

Revenue estimate$25.0B

EPS estimate$2.43

Financials

Q2 2025

Income statement

See full

Revenue$22.7B+1.0%

Gross profit$12.4B-1.3%

Operating income$1.8B-55.8%

Net income$1.3B-59.0%

EPS (diluted)$0.92-58.7%

Balance sheet

See full

Cash & equivalents$7.7B+20.2%

Total debt$51.4B+14.4%

Total equity$18.4B-5.3%

Total assets$105.35B+5.8%

Cash flow

See full

Operating cash flow$996.0M-24.3%

CapEx$1.5B-11.4%

Free cash flow-$511.0M-32.4%

Valuation & ratios

Valuation

as of 06/14/25

See full

Market cap$179.68B-20.7%

Enterprise value$223.35B-15.7%

P/E23.8×0.0×

P/S2×-0.5×

Profitability

See full

Gross margin54.4%0.0pp

Operating margin11.4%-2.1pp

Net margin8.2%-2.1pp

FCF margin7.8%+0.9pp

Returns & leverage

See full

Return on equity39.9%-11.4pp

Debt / equity2.8×+0.5×

Current ratio0.8×-0.1×

Segments

By segment

See full

PepsiCo Foods North America$12.7B—

PepsiCo Beverages North America$12.7B-0.1%

Europe, Middle East & Africa (Segment)$6.9B—

Latin America Foods (Segment)$4.2B—

International Beverage Franchise$2.1B—

Versus estimates

Revenue

Q2 2026$24.2BBeat by $234.2M Q1 2026$19.4BBeat by $497.5M Q4 2025$29.3BBeat by $365.6M Q3 2025$23.9BBeat by $99.3M

Q2 2025$22.7BBeat by $454.7M

Q1 2025$17.9BBeat by $161.0M

Diluted EPS

Q2 2026$2.20Beat by $0.01 Q1 2026$1.61Beat by $0.07 Q4 2025$2.26Beat by $0.02 Q3 2025$2.29Beat by $0.03

Q2 2025$2.12Beat by $0.09

Q1 2025$1.48Miss by $0.01

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Questions, answered.

When did PepsiCo report Q2 2025 earnings?: PepsiCo (PEP) reported Q2 2025 earnings on July 17, 2025 before market open.
What were PepsiCo's Q2 2025 revenue and EPS?: PepsiCo reported revenue of $22.7B and diluted EPS of $2.12 for Q2 2025.
Did PepsiCo beat estimates in Q2 2025?: Revenue beat the consensus estimate of $22.3B by $454.7M. EPS beat the consensus estimate of $2.03 by $0.09.
How did PepsiCo's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 1.0% from $22.5B a year earlier and diluted EPS declined 7.0% from $2.28.
Where can I find PepsiCo's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0000077476-25-000044) directly on SEC EDGAR. The filing index links above go to sec.gov.