PepsiCo Total Cost of Revenue increased by 7.9% to $11.11B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $10.40B to $11.11B. Over 3 years (FY 2021 to FY 2024), Total Cost of Revenue shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests declining efficiency or rising input costs, whereas a decrease suggests better operational scaling.
The direct costs associated with producing and delivering the goods and services sold by the company. This typically inc...
Cloud-heavy companies monitor this closely as a measure of data center and infrastructure efficiency.
is_total_cost_of_revenue| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.88B | $9.39B | $12.13B | $7.43B | $9.42B | $10.31B | $13.42B | $7.99B | $10.12B | $10.68B | $13.10B | $8.25B | $9.92B | $10.40B | $13.18B | $7.93B | $10.30B | $11.11B |
| QoQ Change | — | +5.8% | +29.1% | -38.7% | +26.7% | +9.5% | +30.2% | -40.5% | +26.7% | +5.5% | +22.7% | -37.0% | +20.3% | +4.8% | +26.8% | -39.9% | +30.0% | +7.9% |
| YoY Change | — | — | — | — | +6.0% | +9.7% | +10.6% | +7.5% | +7.5% | +3.6% | -2.4% | +3.3% | -2.0% | -2.6% | +0.6% | -3.9% | +3.9% | +6.9% |
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