PepsiCo PEP Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Revenue by Business | ||||||
| Asia Pacific Foods (Segment) | $1.14B+11.4% | —— | $3.14B+0.2% | $2.02B-0.9% | $1.02B-2.2% | |
| Europe, Middle East & Africa (Segment) | $2.82B+18.2% | —— | $11.95B+6.4% | $6.92B+4.7% | $2.39B-1.8% | |
| International Beverage Franchise | $824M+8.6% | —— | $3.42B+1.9% | $2.13B+3.0% | $759M+2.7% | |
| Latin America Foods (Segment) | $1.93B+16.4% | —— | $6.87B-5.4% | $4.21B-9.3% | $1.66B-12.1% | |
| PepsiCo Beverages North America | $6.39B+8.8% | —— | $20B+0.7% | $12.67B-0.1% | $5.88B0.0% | |
| PepsiCo Foods North America | $6.33B+1.9% | —— | $19.22B-0.1% | $12.69B-0.1% | $6.21B-0.9% | |
| Business Combination, Separately Recognized Transactions, Net Gains and Losses by Business | ||||||
| Asia Pacific Foods (Segment) | $0— | -$3M+40.0% | $0— | $0— | $0— | |
| Europe, Middle East & Africa (Segment) | $0— | $0— | $0— | $0— | $0— | |
| International Beverage Franchise | $0— | $0— | $0— | $0— | $0— | |
| Latin America Foods (Segment) | $0— | $0— | $0— | $0— | $0— | |
| PepsiCo Beverages North America | $114M+1,240% | -$193M-19,200% | -$285M-3,971% | $66M+3,200% | -$10M-400% | |
| PepsiCo Foods North America | -$1M+93.3% | -$11M-22.2% | -$23M— | $21M— | -$15M— | |
| Operating Profit by Business | ||||||
| Asia Pacific Foods (Segment) | $217M+35.6% | —— | $321M-21.1% | $170M-38.8% | $160M-8.6% | |
| Europe, Middle East & Africa (Segment) | $278M+26.4% | $0— | $1.31B-13.2% | $590M-25.9% | $220M+2.8% | |
| International Beverage Franchise | $321M+15.9% | —— | $1.25B+2.2% | $812M+6.4% | $277M+6.1% | |
| Latin America Foods (Segment) | $428M+24.4% | —— | $1.3B-9.4% | $877M-8.3% | $344M-18.5% | |
| PepsiCo Beverages North America | $736M+60.0% | $539M— | $729M-69.8% | -$639M-143% | $460M-9.8% | |
| PepsiCo Foods North America | $1.43B-7.0% | —— | $4.46B-7.1% | $2.93B-8.0% | $1.54B+2.1% | |
| Segment cost of sales by Business | ||||||
| Asia Pacific Foods (Segment) | $657M+7.4% | —— | $1.91B+3.4% | $1.24B+2.7% | $612M+0.3% | |
| Europe, Middle East & Africa (Segment) | $1.67B+18.9% | —— | $6.91B+7.0% | $4.05B+4.3% | $1.41B-4.4% | |
| International Beverage Franchise | $234M+10.4% | —— | $1.02B+1.4% | $612M-0.8% | $212M-2.3% | |
| Latin America Foods (Segment) | $780M+11.7% | —— | $2.91B-3.2% | $1.77B-7.2% | $698M-8.8% | |
| PepsiCo Foods North America | $2.39B+1.9% | —— | $7.38B+4.0% | $4.82B+4.7% | $2.35B+3.3% | |
| Segment selling, general and administrative expenses (a) by Business | ||||||
| Asia Pacific Foods (Segment) | $264M+6.0% | —— | $824M-6.2% | $531M-4.0% | $249M-4.2% | |
| Europe, Middle East & Africa (Segment) | $849M+13.5% | —— | $3.34B+5.0% | $1.99B+4.5% | $748M+2.5% | |
| International Beverage Franchise | $262M-2.2% | —— | $1.07B-3.9% | $698M+1.9% | $268M+2.7% | |
| Latin America Foods (Segment) | $723M+18.1% | —— | $2.54B-8.8% | $1.54B-12.0% | $612M-12.3% | |
| PepsiCo Beverages North America | $2.76B+5.3% | —— | $8.38B+0.9% | $5.43B+1.3% | $2.62B+0.9% | |
| PepsiCo Foods North America | $2.44B+6.3% | —— | $7.21B+1.2% | $4.81B+2.3% | $2.29B-0.4% | |
| Depreciation, Depletion and Amortization, Nonproduction by Business | ||||||
| Asia Pacific Foods (Segment) | $28M+21.7% | —— | $94M+16.0% | $58M+18.4% | $23M+15.0% | |
| Europe, Middle East & Africa (Segment) | $101M+24.7% | —— | $348M+14.9% | $210M+12.9% | $81M+6.6% | |
| International Beverage Franchise | $18M-5.3% | —— | $64M+4.9% | $39M+5.4% | $19M+26.7% | |
| Latin America Foods (Segment) | $80M+29.0% | —— | $266M+1.5% | $161M-3.0% | $62M-3.1% | |
| PepsiCo Beverages North America | $252M-0.4% | —— | $713M0.0% | $484M+1.0% | $253M+7.2% | |
| PepsiCo Foods North America | $227M+8.1% | —— | $665M+17.9% | $432M+15.5% | $210M+11.1% | |
| Restructuring and Related Cost, Cost Incurred to Date by Business | ||||||
| Asia Pacific Foods (Segment) | $100M+13.6% | $99M— | $96M— | $91M— | $88M— | |
| Europe, Middle East & Africa (Segment) | $979M+26.5% | $956M— | $879M— | $810M— | $774M— | |
| International Beverage Franchise | $72M+35.8% | $65M— | $58M— | $56M— | $53M— | |
| Latin America Foods (Segment) | $302M+18.9% | $299M— | $283M— | $266M— | $254M— | |
| PepsiCo Beverages North America | $803M+27.5% | $786M+55.6% | $697M+70.0% | $678M+140% | $630M+127% | |
| PepsiCo Foods North America | $851M+86.6% | $776M— | $579M— | $547M— | $456M— | |
| Restructuring Charges by Business | ||||||
| Asia Pacific Foods (Segment) | $1M0.0% | —— | $9M+50.0% | $4M0.0% | $1M— | |
| Europe, Middle East & Africa (Segment) | $23M+76.9% | —— | $118M+57.3% | $49M+22.5% | $13M-27.8% | |
| International Beverage Franchise | $7M+250% | —— | $7M-53.3% | $5M— | $2M— | |
| Latin America Foods (Segment) | $3M-57.1% | —— | $36M+12.5% | $19M-9.5% | $7M+40.0% | |
| PepsiCo Beverages North America | $17M-86.4% | —— | $192M+34.3% | $173M+1,053% | $125M+1,150% | |
| PepsiCo Foods North America | $75M+213% | —— | $147M+213% | $115M+195% | $24M-7.7% | |
| Payments to Acquire Productive Assets by Business | ||||||
| Asia Pacific Foods (Segment) | $16M-33.3% | $0-100% | $152M-9.0% | $92M+29.6% | $24M+26.3% | |
| Europe, Middle East & Africa (Segment) | $66M+32.0% | $153M+20.5% | $354M-18.8% | $187M-24.3% | $50M-28.6% | |
| International Beverage Franchise | $9M-43.8% | —— | $77M0.0% | $46M+4.5% | $16M+45.5% | |
| Latin America Foods (Segment) | $41M-10.9% | $126M-2.3% | $339M-17.9% | $161M-21.8% | $46M-24.6% | |
| PepsiCo Beverages North America | $183M-26.2% | —— | $809M+2.3% | $531M+11.1% | $248M+37.8% | |
| PepsiCo Foods North America | $110M-43.6% | —— | $645M-18.1% | $425M-20.6% | $195M-17.7% | |
| Restructuring and impairment charges by Business | ||||||
| Asia Pacific Foods (Segment) | $1M0.0% | —— | $9M+50.0% | $4M0.0% | $1M— | |
| Europe, Middle East & Africa (Segment) | $23M+76.9% | $15M— | $118M+57.3% | $49M+22.5% | $13M-27.8% | |
| International Beverage Franchise | $7M+250% | $0-100% | $7M-53.3% | $5M— | $2M— | |
| Latin America Foods (Segment) | $3M-57.1% | —— | $36M+12.5% | $19M-9.5% | $7M+40.0% | |
| PepsiCo Beverages North America | $17M-86.4% | —— | $192M+34.3% | $173M+1,053% | $125M+1,150% | |
| PepsiCo Foods North America | $75M+213% | $58M+18.4% | $147M+213% | $115M+195% | $24M-7.7% | |
| Restructuring and Related Cost, Percentage of Expect Costs by Business | ||||||
| Asia Pacific Foods (Segment) | 3%-1.0pp | 3%— | 3%— | 4%— | 4%— | |
| Europe, Middle East & Africa (Segment) | 25%-5.0pp | 25%— | 25%— | 30%— | 30%— | |
| International Beverage Franchise | 2%+1.0pp | 2%— | 2%— | 1%— | 1%— | |
| Latin America Foods (Segment) | 10%0.0pp | 10%— | 10%— | 10%— | 10%— | |
| PepsiCo Beverages North America | 25%0.0pp | 25%0.0pp | 25%-5.0pp | 25%-5.0pp | 25%-5.0pp | |
| PepsiCo Foods North America | 20%+5.0pp | 20%— | 20%— | 15%— | 15%— | |
| Disaggregation of Net Revenue - Beverages by Geography | ||||||
| International (Outside of North America) | 27%0.0pp | —— | 33%+1.0pp | 33%+3.0pp | 27%+2.0pp | |
| North America | 50%+1.0pp | —— | 53%+1.0pp | 51%0.0pp | 49%+1.0pp | |
| Disaggregation of Net Revenue - Convenient Food by Geography | ||||||
| International (Outside of North America) | 73%0.0pp | —— | 68%-2.0pp | 69%-3.0pp | 73%-2.0pp | |
| North America | 50%-1.0pp | —— | 49%0.0pp | 50%0.0pp | 51%-1.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does PepsiCo break its business down?
- PepsiCo (PEP) reports net revenue by business across 6 parts — Asia Pacific Foods (Segment), Europe, Middle East & Africa (Segment), International Beverage Franchise, Latin America Foods (Segment) and PepsiCo Beverages North America. Each is extracted from the segment footnotes and tracked over time.
- Where does PepsiCo's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in PepsiCo's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
