PepsiCo › Financials
PepsiCo financials
PEPTen years from PepsiCo’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Sep 2026 | Latest quarterSep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $62.80B | $63.52B | $64.66B | $67.16B | $70.37B | $79.47B | $86.39B | $91.47B | $91.85B | $93.92B | $98.24B | — |
| Gross profit | $34.58B | $34.73B | $35.28B | $37.03B | $38.58B | $42.40B | $45.82B | $49.59B | $50.11B | $50.86B | $53.22B | — |
| Operating income | $9.80B | $10.28B | $10.11B | $10.29B | $10.08B | $11.16B | $11.51B | $11.99B | $12.89B | $11.50B | $15.05B | — |
| Net income | $6.33B | $4.86B | $12.52B | $7.31B | $7.12B | $7.62B | $8.91B | $9.07B | $9.58B | $8.24B | $10.90B | — |
| Earnings per share, diluted | $4.36 | $3.38 | $8.78 | $5.20 | $5.12 | $5.49 | $6.42 | $6.56 | $6.95 | $6.00 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Sep 2026 | Latest quarterSep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $9.16B | $10.61B | $8.72B | $5.51B | $8.19B | $5.60B | $4.95B | $9.71B | $8.51B | $9.16B | — | $10.68B |
| Total assets | $74.13B | $79.80B | $77.65B | $78.55B | $92.92B | $92.38B | $92.19B | $100.50B | $99.47B | $107.40B | — | $111.98B |
| Debt | $34.45B | $37.82B | $32.25B | $32.00B | $43.73B | $39.90B | $38.75B | $41.52B | $41.23B | $46.35B | — | $42.66B |
| Total liabilities | $62.93B | $68.82B | $63.05B | $63.68B | $79.37B | $76.23B | $74.91B | $81.86B | $81.30B | $86.85B | — | $89.49B |
| Shareholders' equity | $11.25B | $11.04B | $14.52B | $14.79B | $13.45B | $16.04B | $17.15B | $18.50B | $18.04B | $20.41B | — | $22.29B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Sep 2026 | Latest quarterSep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.66B | $10.03B | $9.41B | $9.65B | $10.61B | $11.62B | $10.81B | $13.44B | $12.51B | $12.09B | $14.57B | — |
| Capital spending | $3.04B | $2.97B | $3.28B | $4.23B | $4.24B | $4.62B | $5.21B | $5.52B | $5.32B | $4.42B | $4.10B | — |
| Free cash flow | $7.62B | $7.06B | $6.13B | $5.42B | $6.37B | $6.99B | $5.60B | $7.92B | $7.19B | $7.67B | $10.47B | — |
| Buybacks | $3.00B | $2.00B | $2.00B | $3.00B | $2.00B | $106.0M | $1.50B | $1.00B | $1.00B | $1.00B | $987.0M | — |
| Dividends | $4.23B | $4.47B | $4.93B | $5.30B | $5.51B | $5.82B | $6.17B | $6.68B | $7.23B | $7.64B | $7.88B | — |
| Returned to shareholders | $7.23B | $6.47B | $6.93B | $8.30B | $7.51B | $5.92B | $7.67B | $7.68B | $8.23B | $8.64B | $8.87B | — |
| Stock-based pay | $284.0M | $292.0M | $256.0M | $237.0M | $264.0M | $301.0M | $343.0M | $380.0M | $362.0M | $288.0M | $321.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
PepsiCo financials, answered
What is PepsiCo's market cap?
$179.19B at $131.49 a share, with 1,362,741,092 shares outstanding as of Oct 1, 2026, from the cover of its latest SEC filing.
How much does PepsiCo earn?
Revenue of $98.24B and net income of $10.90B in the last 12 months to Sep 2026.
How much debt does PepsiCo have?
PepsiCo reported $42.66B of debt and $10.68B of cash and equivalents on its balance sheet in Sep 2026.
Does PepsiCo make free cash flow?
Yes. Operating cash flow minus capital spending was $10.47B in the last 12 months to Sep 2026.
How much cash does PepsiCo return to shareholders?
$8.64B in buybacks and dividends in fiscal 2025, from the cash flow statement.