Skip to content
OpenCapital
Get started

PepsiCo PEP Q4 2025 Annual earnings

Reported February 3, 2026 · Before market open

Revenue$29.3BBeat by $365.6MDiluted EPS$2.26Beat by $0.02
Revenue estimate$29.0B
EPS estimate$2.24

Next report

Oct 8, 2026 (in 3 months)
Revenue estimate$25.0B
EPS estimate$2.43

Financials

Q4 2025

Income statement

See full
Revenue$29.3B+5.6%
Gross profit$15.6B+7.0%
Operating income$3.6B+58.1%
Net income$2.5B+66.8%
EPS (diluted)$1.85+66.7%

Balance sheet

See full
Cash & equivalents$9.2B+7.6%
Total debt$53.0B+11.1%
Total equity$20.4B+13.1%
Total assets$107.40B+8.0%

Cash flow

See full
Operating cash flow$6.6B+9.7%
CapEx--100%
Free cash flow$6.8B+15.9%

Valuation & ratios

Valuation

as of 12/27/25
See full
Market cap$196.24B-5.9%
Enterprise value$240.06B-3.1%
P/E23.8×+2.0×
P/S2.1×-0.2×

Profitability

See full
Gross margin54.1%-0.4pp
Operating margin12.2%-1.8pp
Net margin8.8%-1.7pp
FCF margin8.2%+0.3pp

Returns & leverage

See full
Return on equity42.9%-9.6pp
Debt / equity2.6×0.0×
Current ratio0.9×0.0×

Versus estimates

Revenue

Q2 2026$24.2BBeat by $234.2MQ1 2026$19.4BBeat by $497.5M
Q4 2025$29.3BBeat by $365.6M
Q3 2025$23.9BBeat by $99.3MQ2 2025$22.7BBeat by $454.7MQ1 2025$17.9BBeat by $161.0M

Diluted EPS

Q2 2026$2.20Beat by $0.01Q1 2026$1.61Beat by $0.07
Q4 2025$2.26Beat by $0.02
Q3 2025$2.29Beat by $0.03Q2 2025$2.12Beat by $0.09Q1 2025$1.48Miss by $0.01

Ask the moment PepsiCo reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did PepsiCo report Q4 2025 earnings?
PepsiCo (PEP) reported Q4 2025 earnings on February 3, 2026 before market open.
What were PepsiCo's Q4 2025 revenue and EPS?
PepsiCo reported revenue of $29.3B and diluted EPS of $2.26 for Q4 2025.
Did PepsiCo beat estimates in Q4 2025?
Revenue beat the consensus estimate of $29.0B by $365.6M. EPS beat the consensus estimate of $2.24 by $0.02.
How did PepsiCo's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.6% from $27.8B a year earlier and diluted EPS grew 15.3% from $1.96.
Where can I find PepsiCo's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000077476-26-000009) and the 10-K periodic report (0000077476-26-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.