Operating

Net Income

PepsiCo Net Income decreased by 8.5% to $2.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.9%, from $1.84B to $2.34B. Over 4 years (FY 2021 to FY 2025), Net Income shows relatively stable performance with a 1.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...

Peer comparison

Standard across all public companies, though margins vary significantly by industry sector.

Metric ID: net_income_cf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.37B$2.24B$1.34B$4.27B$1.45B$2.72B$535.00M$1.94B$2.77B$3.12B$1.32B$2.05B$3.09B$2.95B$1.53B$1.84B$1.28B$2.62B$2.56B$2.34B
QoQ Change-5.4%-40.2%+218.6%-66.2%+88.4%-80.4%+263.4%+42.5%+12.5%-57.5%+55.1%+50.7%-4.8%-47.9%+20.1%-30.6%+104.7%-2.4%-8.5%
YoY Change-39.0%+21.4%-60.1%-54.5%+91.6%+14.4%+147.5%+5.6%+11.7%-5.5%+15.9%-10.2%-58.7%-11.1%+66.6%+26.9%
Range$535.00M$4.27B
CAGR-0.3%
Avg YoY Growth+10.1%
Median YoY Growth+8.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is PepsiCo's net income?
PepsiCo (PEP) reported net income of $2.34B in Q1 2026.
How has PepsiCo's net income changed year-over-year?
PepsiCo's net income increased by 26.9% year-over-year, from $1.84B to $2.34B.
What is the long-term trend for PepsiCo's net income?
Over 4 years (2021 to 2025), PepsiCo's net income has grown at a 1.9% compound annual growth rate (CAGR), from $7.68B to $8.30B.
What does net income mean?
The total profit a company earns after all expenses and taxes are paid.