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PepsiCo PEP International Beverage Franchise — Restructuring and impairment charges

Other segment segments

PepsiCo Foods North America
$101M-12.2%
Europe, Middle East & Africa (Segment)
$39M-20.4%
PepsiCo Beverages North America
-$15M-109%
Asia Pacific Foods (Segment)
$8M+100%
Latin America Foods (Segment)
$7M-63.2%

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MEIInterface — Restructuring Costs And Asset Impairment Charges
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Other financials

Income statement

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Revenue$24.2B+6.4%
Gross profit$13.1B+5.5%
Operating income$4.0B+125%
Net income$3.0B+136%
EPS (diluted)$2.18+137%

Balance sheet

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Cash & equivalents$10.3B+33.6%
Total debt$53.2B+3.6%
Total equity$22.1B+20.0%
Total assets$112.19B+6.5%

Cash flow

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Operating cash flow$2.4B+137%
CapEx$1.3B-16.0%
Free cash flow$1.1B+315%

Valuation

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Market cap$189.42B-1.7%
Enterprise value$232.33B-1.7%
P/E18.1×-7.4×
P/S-0.1×

Profitability

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Gross margin54%-0.5pp
Operating margin14.8%+3.4pp
Net margin10.8%+2.6pp
FCF margin10.8%+3.0pp

Returns & leverage

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Return on equity51.6%+11.7pp
Debt / equity2.4×-0.4×
Current ratio0.9×+0.2×

Where this comes from

Reported directly by PepsiCo in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCostsAndAssetImpairmentCharges.

The source filing: PepsiCo’s 10-Q, filed July 8, 2026.

Filed
Jul 8, 2026, 1:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000077476-26-000035
Line itemPFNAPBNAIB FranchiseEMEALat Am FoodsAsia Pacific FoodsTotal
Net revenue$12,700$13,634$2,347$7,806$4,874$2,263$43,624
Segment cost of sales (a)4,8906,4126714,5121,9591,347
Segment selling, general and administrative expenses (a)4,9365,5917102,2261,864564
Restructuring and impairment charges (b)101283978
Acquisition and divestiture-related charges/credits (c)2(160)
Segment operating profit$2,771$1,789$958$1,029$1,044$344$7,935
Corporate unallocated expenses(699)
Operating profit7,236

ITEM 1. Condensed Consolidated Financial Statements.

FAQ

What is PepsiCo's international beverage franchise — restructuring and impairment charges?
PepsiCo (PEP) reported international beverage franchise — restructuring and impairment charges of $8M in Q2 2026.
How has PepsiCo's international beverage franchise — restructuring and impairment charges changed year-over-year?
PepsiCo's international beverage franchise — restructuring and impairment charges increased by 60.0% year-over-year, from $5M to $8M.
What is the long-term trend for PepsiCo's international beverage franchise — restructuring and impairment charges?
Over 2 years (2023 to 2025), PepsiCo's international beverage franchise — restructuring and impairment charges has grown at a 12.8% compound annual growth rate (CAGR), from $11M to $14M.
What does international beverage franchise — restructuring and impairment charges mean?
These are non-recurring costs associated with reorganizing business operations or writing down the value of assets within the international beverage segment. Such charges often arise from strategic shifts, plant closures, or the integration of acquired businesses. Investors monitor these to understand the impact of structural changes on segment profitability.

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