PepsiCo SG&A decreased by 37.7% to $7.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $7.41B to $7.52B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Detailed definition
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Peer comparison
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
Metric ID:
selling_general_and_administrativeHistorical Data
20 periods
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.21B | $7.64B | $10.56B | $6.58B | $7.39B | $8.30B | $12.20B | $7.23B | $8.54B | $8.76B | $12.14B | $7.29B | $8.53B | $9.03B | $12.34B | $7.41B | $8.77B | $9.12B | $12.06B | $7.52B |
| QoQ Change | — | +5.9% | +38.2% | -37.7% | +12.3% | +12.3% | +47.0% | -40.7% | +18.2% | +2.6% | +38.6% | -40.0% | +17.1% | +5.8% | +36.7% | -40.0% | +18.4% | +4.0% | +32.2% | -37.7% |
| YoY Change | — | — | — | — | +2.5% | +8.6% | +15.5% | +9.9% | +15.6% | +5.6% | -0.4% | +0.8% | -0.1% | +3.0% | +1.7% | +1.7% | +2.8% | +1.1% | -2.3% | +1.5% |
Range$6.58B – $12.34B
CAGR+0.9%
Avg YoY Growth+4.2%
Median YoY Growth+2.1%
SG&A at Other Companies
Frequently Asked Questions
- What is PepsiCo's sg&a?
- PepsiCo (PEP) reported sg&a of $7.52B in Q1 2026.
- How has PepsiCo's sg&a changed year-over-year?
- PepsiCo's sg&a increased by 1.5% year-over-year, from $7.41B to $7.52B.
- What is the long-term trend for PepsiCo's sg&a?
- Over 4 years (2021 to 2025), PepsiCo's sg&a has grown at a 4.6% compound annual growth rate (CAGR), from $31.24B to $37.37B.
- What does sg&a mean?
- The overhead costs of running the business, including sales, marketing, and general corporate expenses.