Keurig Dr Pepper Inc. (KDP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
KDP Revenue Growth
Revenue Breakdown (FY 2025)
KDP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
KDP Revenue Analysis (2014–2025)
As of May 6, 2026, Keurig Dr Pepper Inc. (KDP) generated trailing twelve-month (TTM) revenue of $16.94 billion, reflecting solid growth of +9.4% year-over-year. The most recent quarter (Q1 2026) recorded $3.98 billion in revenue, down 11.6% sequentially.
Looking at the longer-term picture, KDP's 5-year compound annual growth rate (CAGR) stands at +7.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $16.60 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows KDP's business is primarily driven by LRB (70%), K-Cup Pods (23%), and Appliances (4%). With over half of revenue concentrated in LRB, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including PEP (+2.3% YoY), KO (+5.1% YoY), and MNST (+10.7% YoY), KDP has underperformed the peer group in terms of revenue growth. Compare KDP vs PEP →
KDP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| KDPCurrent | $16.9B | +9.4% | +7.4% | 22.0% | |
 PEP | $93.9B | +2.3% | +5.9% | 12.2% | |
 KO | $47.9B | +5.1% | +7.7% | 28.7% | |
 MNST | $8.3B | +10.7% | +12.5% | 29.2% | |
 CELH | $2.5B | +85.5% | +80.7% | 18.6% | |
 FIZZ | $1.2B | +1.0% | +3.7% | 19.6% |
KDP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $16.60B | +8.2% | $8.70B | 52.4% | $3.65B | 22.0% |
| 2024 | $15.35B | +3.6% | $8.53B | 55.6% | $2.59B | 16.9% |
| 2023 | $14.81B | +5.4% | $8.08B | 54.5% | $3.19B | 21.5% |
| 2022 | $14.06B | +10.8% | $7.32B | 52.1% | $2.60B | 18.5% |
| 2021 | $12.68B | +9.2% | $6.98B | 55.0% | $2.89B | 22.8% |
| 2020 | $11.62B | +4.5% | $6.49B | 55.8% | $2.48B | 21.3% |
| 2019 | $11.12B | +49.4% | $6.34B | 57.0% | $2.38B | 21.4% |
| 2018 | $7.44B | +11.2% | $3.88B | 52.2% | $1.24B | 16.6% |
| 2017 | $6.69B | +3.9% | $4.00B | 59.7% | $1.39B | 20.7% |
| 2016 | $6.44B | +2.5% | $3.86B | 59.9% | $1.43B | 22.3% |
Full KDP Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See KDP's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs KDP Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare KDP vs WMT
Side-by-side business, growth, and profitability comparison vs Walmart Inc..
Start ComparisonKDP — Frequently Asked Questions
Quick answers to the most common questions about buying KDP stock.
Is KDP's revenue growth accelerating or slowing?
KDP maintains +9.4% revenue growth, in line with its 5-year CAGR of +7.4%. TTM revenue stands at $16.9B. Growth rate remains consistent with historical average.
What is KDP's long-term revenue growth rate?
Keurig Dr Pepper Inc.'s 5-year revenue CAGR of +7.4% reflects the sustained expansion pattern. Current YoY growth of +9.4% is near this long-term average.
How is KDP's revenue distributed by segment?
KDP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.