KDP
Keurig Dr Pepper Inc.
Stock
$30.34−0.69 (−2.22%)Close Sep 30, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.1B | $16.6B | $15.4B | $14.8B | $14.1B | $12.7B | $11.6B | $11.1B | $7.4B | $6.7B | $6.4B | $6.3B | $6.1B | $6.0B | $6.0B | $5.9B | $5.6B | $5.5B | $5.7B |
| Cost of revenue | $10.2B | $7.6B | $6.8B | $6.7B | $6.7B | $5.7B | $5.1B | $4.8B | $3.6B | $2.7B | $2.6B | $2.6B | $2.5B | $2.5B | $2.5B | $2.5B | $2.2B | $2.2B | $2.6B |
| Gross profit | $9.9B | $9.0B | $8.5B | $8.1B | $7.3B | $7.0B | $6.5B | $6.3B | $3.9B | $4.0B | $3.9B | $3.7B | $3.6B | $3.5B | $3.5B | $3.4B | $3.4B | $3.3B | $3.1B |
| R&D | — | $70M | $70M | $66M | $65M | $66M | $69M | $81M | $64M | $20M | $20M | $19M | $18M | $21M | $21M | $15M | $16M | $15M | $17M |
| SG&A | $6.5B | $5.4B | $5.0B | $4.9B | $4.6B | $4.2B | $4.0B | $4.0B | $2.6B | $2.6B | $2.3B | $2.3B | $2.3B | $2.3B | $2.3B | $2.3B | $2.2B | $2.1B | $2.1B |
| Other operating expenses | $121M | — | $855M | — | — | — | — | — | — | $31M | $76M | $93M | $98M | $159M | $114M | $122M | $119M | $62M | $1.2B |
| Operating income | $3.3B | $3.6B | $2.6B | $3.2B | $2.6B | $2.9B | $2.5B | $2.4B | $1.2B | $1.4B | $1.4B | $1.3B | $1.2B | $1.0B | $1.1B | $1.0B | $1.0B | $1.1B | −$168M |
| Non-operating income | −$1.3B | −$888M | −$677M | −$435M | −$886M | −$96M | −$727M | −$684M | −$446M | −$215M | −$150M | −$114M | −$107M | −$504M | −$114M | −$99M | −$204M | −$217M | −$207M |
| Pretax income | $2.0B | $2.7B | $1.9B | $2.8B | $1.7B | $2.8B | $1.8B | $1.7B | $791M | $1.2B | $1.3B | $1.2B | $1.1B | $542M | $978M | $925M | $821M | $868M | −$375M |
| Taxes | $544M | $608M | $473M | $576M | $283M | $652M | $428M | $440M | $205M | $97M | $436M | $420M | $370M | −$82M | $349M | $319M | $293M | $313M | −$63M |
| Net income | $1.4B | $2.1B | $1.4B | $2.2B | $1.4B | $2.1B | $1.3B | $1.3B | $586M | $1.1B | $847M | $764M | $703M | $624M | $629M | $606M | $528M | $555M | −$312M |
| Diluted EPS | $0.99 | $1.53 | $1.05 | $1.55 | $1.01 | $1.50 | $0.93 | $0.88 | $0.53 | $0.74 | $0.57 | $0.50 | $0.45 | $0.38 | $0.37 | $0.34 | $0.27 | $0.27 | −$0.15 |
| Diluted shares | — | 1.36B | 1.37B | 1.41B | 1.43B | 1.43B | 1.42B | 1.42B | 1.10B | 1.46B | 1.49B | 1.54B | 1.58B | 1.64B | 1.70B | 1.77B | 1.94B | 2.04B | 2.03B |
| Revenue growth | — | +8.2% | +3.6% | +5.4% | +10.8% | +9.2% | +4.5% | +49.4% | +11.2% | +3.9% | +2.5% | +2.6% | +2.1% | 0.0% | +1.6% | +4.7% | +1.9% | −3.1% | — |
| Gross margin | 49.4% | 54.2% | 55.6% | 54.5% | 52.1% | 55.0% | 55.8% | 57.0% | 52.2% | 59.7% | 59.9% | 59.3% | 59.3% | 58.3% | 58.3% | 57.9% | 60.2% | 59.6% | 54.6% |
| Operating margin | 16.2% | 21.5% | 16.9% | 21.5% | 18.5% | 22.8% | 21.3% | 21.4% | 16.6% | 20.7% | 22.3% | 20.7% | 19.3% | 17.4% | 18.2% | 17.3% | 18.2% | 19.6% | −2.9% |
| Net margin | 7.1% | 12.5% | 9.4% | 14.7% | 10.2% | 16.9% | 11.4% | 11.3% | 7.9% | 16.1% | 13.2% | 12.2% | 11.5% | 10.4% | 10.5% | 10.3% | 9.4% | 10.0% | −5.5% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.