PepsiCo Earnings Reports

PepsiCo delivered $23.94B in revenue and $2.60B in net income in Q3 2025. While international growth supported topline expansion, earnings were pressured by impairment charges and cost inflation. Core EPS declined slightly, reflecting operating challenges in North America.

PepsiCo posted $22.7B in revenue with slight growth, but net income and EPS fell sharply due to impairment charges. International markets showed strength, while North America lagged. Cost optimization and portfolio innovation are planned to drive future growth.

PepsiCo faced headwinds from foreign exchange rates and macroeconomic pressures in Q1 2025, resulting in lower GAAP EPS and revenue compared to the prior year. Despite this, core EPS remained resilient and international segments showed growth.

PepsiCo's businesses remained resilient in 2024, despite category performance challenges in North America and business disruptions in certain international markets. Enhanced productivity initiatives enabled investments, gross and operating margin improvements, and EPS growth. The company anticipates delivering low-single-digit organic revenue growth and mid-single-digit core constant currency EPS growth in 2025 and announced a 5% dividend increase.

PepsiCo's businesses remained resilient in Q3 2024 despite subdued category performance in North America, impacts from Quaker Foods North America recalls, and geopolitical tensions. Strong cost controls aided profitability, with investments made to improve marketplace competitiveness. The company now expects a low-single-digit increase in organic revenue and continues to expect at least 8% core constant currency EPS growth.

PepsiCo's Q2 2024 results showed net revenue growth despite difficult comparisons and subdued category performance. The company is focusing on productivity initiatives and commercial investments to stimulate growth, leading to a revised organic revenue growth outlook of approximately 4% and a reaffirmed core constant currency EPS growth of at least 8% for the full year.

PepsiCo's Q1 2024 showed resilience with net revenue growth of 2.3% and organic revenue growth of 2.7%, driven by international strength. EPS grew by 6% to $1.48, and core EPS reached $1.61. The company reaffirmed its 2024 financial guidance, expecting at least 4% organic revenue growth and at least 8% core constant currency EPS growth.

PepsiCo reported Q4 2023 results with a slight decrease in net revenue but a 4.5% organic revenue growth. EPS increased significantly due to certain comparability items. The company is focusing on cost management and brand investment for 2024, expecting at least 4% organic revenue growth and at least 8% core constant currency EPS growth.

PepsiCo reported a 6.7% increase in net revenue and a 15% increase in EPS for the third quarter of 2023. The company is raising its full-year core constant currency EPS growth expectation to 13% and continues to expect 10% organic revenue growth.

PepsiCo reported strong second-quarter results, with organic revenue growth of 13.0%. The company has raised its full-year organic revenue growth to 10% and core constant currency EPS growth to 12%.

PepsiCo reported strong first-quarter 2023 results, exceeding expectations. The company's organic revenue grew by 14.3%, and core EPS reached $1.50. Due to this strong start, PepsiCo raised its full-year guidance for organic revenue growth to 8% and core constant currency EPS growth to 9%.

PepsiCo's Q4 2022 results showed resilience and strong growth, with a focus on driving growth, winning in the marketplace, and developing advantaged capabilities. The company expects to deliver 6% organic revenue growth and 8% core constant currency earnings per share growth in 2023 and announced a 10% increase in its annualized dividend.

PepsiCo reported strong Q3 2022 results with organic revenue growth of 16.0%. The company raised its full-year organic revenue growth expectation to 12% and core constant currency EPS growth to 10%.

PepsiCo reported strong second-quarter results, driven by dedicated employees, category strength, agile supply chain, and strong marketplace execution. The company now expects full-year organic revenue to increase by 10% and core constant currency EPS to increase by 8%.

PepsiCo reported strong first-quarter results with a 9.3% increase in net revenue and a 148% increase in EPS. The company is updating its full-year outlook, now expecting an 8% increase in organic revenue and continuing to expect an 8% increase in core constant currency earnings per share.

PepsiCo reported a 12.4% increase in net revenue and a $0.95 EPS for Q4 2021. The company expects to deliver 6% organic revenue growth and 8% core constant currency EPS growth for 2022, reflecting inflationary pressures and planned investments.

PepsiCo's Q3 2021 results showed strong net revenue growth, with organic revenue increasing by 9%. The company is raising its full-year guidance, expecting organic revenue to increase approximately 8% and core constant currency earnings per share to increase at least 11%. PepsiCo is focused on becoming a Faster, Stronger, and Better company through strategic investments and its new pep+ initiative.

PepsiCo reported strong Q2 2021 results with double-digit net revenue and EPS growth. The company has raised its full-year organic revenue growth to 6% and core constant currency EPS growth to 11%.

PepsiCo reported a 6.8% increase in net revenue and a 29% increase in EPS for the first quarter of 2021. The company successfully overcame challenges related to year-over-year comparisons and uneven recoveries across international markets. Following the first quarter results, the company has greater confidence in delivering on its financial guidance for the full year.

PepsiCo's Q4 2020 results showed strong performance driven by its global beverage business and resilient snacks and food business. The company reported net revenue growth of 8.8% and EPS of $1.33. Organic revenue growth was 5.7%. For 2021, PepsiCo expects a mid-single digit increase in organic revenue and a high-single digit increase in core constant currency EPS.

PepsiCo reported a revenue increase of 5.3 percent and an EPS increase of 10 percent. Organic revenue grew by 4.2 percent, and core constant currency EPS increased by 9 percent, driven by global snacks and food business strength and beverage business improvement. The company updates its full-year 2020 guidance, expecting approximately 4 percent organic revenue growth and approximately $5.50 in core EPS.

PepsiCo reported Q2 2020 results, with performance impacted by the COVID-19 pandemic but demonstrating resilience in the global snacks and foods business. The company is not providing a financial outlook for fiscal year 2020 due to continued uncertainties.

PepsiCo reported strong Q1 2020 results with a 7.7% increase in net revenue and a 7.9% increase in organic revenue. Despite the strong performance, the company withdrew its full-year 2020 guidance due to uncertainties related to COVID-19. PepsiCo closed the acquisition of Rockstar Energy Beverages and entered a distribution agreement with Vital Pharmaceuticals for Bang Energy drinks.

PepsiCo reported a 5.7% increase in net revenue for Q4 2019, reaching $20.64 billion. However, EPS decreased by 74% to $1.26, impacted by comparability items. The company provided a 2020 financial outlook, expecting 4% organic revenue growth and 7% core constant currency EPS growth.