CapEx
Year-over-year, this metric declined by 25.9%, from $603.00M to $447.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a -0.1% CAGR.
Analysis
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.31B | $2.28B | $573.00M | $522.00M | $1.50B | $2.56B | $630.00M | $581.00M | $1.51B | $2.54B | $887.00M | $614.00M | $1.70B | $2.85B | $153.00M | $603.00M | $1.51B | $2.50B | $0.00 | $447.00M |
| QoQ Change | — | +74.4% | -74.8% | -8.9% | +187.2% | +70.5% | -75.4% | -7.8% | +160.4% | +67.7% | -65.0% | -30.8% | +177.0% | +67.5% | -94.6% | +294.1% | +149.9% | +65.8% | -100.0% | — |
| YoY Change | — | — | — | — | +14.9% | +12.3% | +9.9% | +11.3% | +0.9% | -0.7% | +40.8% | +5.7% | +12.4% | +12.3% | -82.8% | -1.8% | -11.4% | -12.3% | -100.0% | -25.9% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| PepsiCo Beverages North America | $478.00M | $791.00M | $92.00M | $248.00M | $531.00M | $809.00M | — | $183.00M |
| PepsiCo Foods North America | — | — | — | $195.00M | $425.00M | $645.00M | — | $110.00M |
| Europe, Middle East & Africa (Segment) | — | — | — | $50.00M | $187.00M | $354.00M | $153.00M | $66.00M |
| Latin America Foods (Segment) | — | — | — | $46.00M | $161.00M | $339.00M | $126.00M | $41.00M |
| Asia Pacific Foods (Segment) | — | — | — | $24.00M | $92.00M | $152.00M | $0.00 | $16.00M |
| International Beverage Franchise | — | — | — | $16.00M | $46.00M | $77.00M | — | $9.00M |
| Africa Middle Eastand South Asia | $112.50M | $112.50M | $112.50M | — | — | — | — | — |
| Asia Pacific Australiaand New Zealandand China Region | $73.50M | $73.50M | $73.50M | — | — | — | — | — |
| Europe | $142.00M | $142.00M | $142.00M | — | — | — | — | — |
| Frito Lay North America | $295.50M | $295.50M | $295.50M | — | — | — | — | — |
| Latin America | $209.25M | $209.25M | $209.25M | — | — | — | — | — |
| Quaker Foods North America | $31.00M | $31.00M | $31.00M | — | — | — | — | — |
| Total | $1.70B | $2.85B | $153.00M | $603.00M | $1.51B | $2.50B | $0.00 | $447.00M |
Africa Middle Eastand South Asia, Asia Pacific Australiaand New Zealandand China Region, Europe, Frito Lay North America, Latin America, Quaker Foods North America are derived from annual filings.
Africa Middle Eastand South Asia, Asia Pacific Australiaand New Zealandand China Region, Europe, Frito Lay North America, Latin America, Quaker Foods North America were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is PepsiCo's capex?
- PepsiCo (PEP) reported capex of $447.00M in Q1 2026.
- How has PepsiCo's capex changed year-over-year?
- PepsiCo's capex decreased by 25.9% year-over-year, from $603.00M to $447.00M.
- What is the long-term trend for PepsiCo's capex?
- Over 4 years (2021 to 2025), PepsiCo's capex has grown at a -0.1% compound annual growth rate (CAGR), from $4.63B to $4.61B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.