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PepsiCo PEP International Beverage Franchise — Segment cost of sales

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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$189.75B-4.3%
Enterprise value$232.66B-3.9%
P/E18.2×-8.1×
P/S-0.2×

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 pep:CoreCostOfSales.

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 — segment cost of sales?
PepsiCo (PEP) reported international beverage franchise — segment cost of sales of $671M in Q2 2026.
How has PepsiCo's international beverage franchise — segment cost of sales changed year-over-year?
PepsiCo's international beverage franchise — segment cost of sales increased by 9.6% year-over-year, from $612M to $671M.
What does international beverage franchise — segment cost of sales mean?
This represents the direct costs associated with producing and distributing beverages within the international franchise segment. It includes raw materials, manufacturing labor, and logistics expenses directly tied to the production of goods sold. Monitoring this helps evaluate the efficiency of the supply chain and production processes in international markets.

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