PepsiCo, Inc. (PEP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PEP Revenue Growth
Revenue Breakdown
PEP's revenue distribution by segment and geography
By Geography
PEP Revenue Analysis (2014–2025)
As of May 6, 2026, PepsiCo, Inc. (PEP) generated trailing twelve-month (TTM) revenue of $93.92 billion, reflecting solid growth of +5.6% year-over-year. The most recent quarter (Q4 2025) recorded $29.34 billion in revenue, up 22.6% sequentially.
Looking at the longer-term picture, PEP's 5-year compound annual growth rate (CAGR) stands at +5.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $93.92 billion in 2025, representing a new all-time high.
When compared to Consumer Defensive sector peers including KO (+5.1% YoY), MDLZ (+7.8% YoY), and GIS (-6.5% YoY), PEP has underperformed the peer group in terms of revenue growth. Compare PEP vs KO →
PEP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PEPCurrent | $93.9B | +5.6% | +5.9% | 12.2% | |
 KO | $47.9B | +5.1% | +7.7% | 28.7% | |
 MDLZ | $38.5B | +7.8% | +7.7% | 9.4% | |
 GIS | $19.5B | -6.5% | +2.0% | 17.0% | |
 CPB | $10.3B | -0.8% | +3.4% | 13.2% | |
 CAG | $11.6B | -4.8% | +1.0% | 11.8% |
PEP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $93.92B | +2.3% | $50.86B | 54.1% | $11.50B | 12.2% |
| 2024 | $91.85B | +0.4% | $50.11B | 54.6% | $12.89B | 14.0% |
| 2023 | $91.47B | +5.9% | $49.59B | 54.2% | $11.99B | 13.1% |
| 2022 | $86.39B | +8.7% | $45.82B | 53.0% | $11.51B | 13.3% |
| 2021 | $79.47B | +12.9% | $42.40B | 53.3% | $11.16B | 14.0% |
| 2020 | $70.37B | +4.8% | $38.58B | 54.8% | $10.08B | 14.3% |
| 2019 | $67.16B | +3.9% | $37.03B | 55.1% | $10.29B | 15.3% |
| 2018 | $64.66B | +1.8% | $35.28B | 54.6% | $10.11B | 15.6% |
| 2017 | $63.52B | +1.2% | $34.73B | 54.7% | $10.28B | 16.2% |
| 2016 | $62.80B | -0.4% | $34.58B | 55.1% | $9.80B | 15.6% |
Full PEP Stock Analysis
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Start ComparisonPEP — Frequently Asked Questions
Quick answers to the most common questions about buying PEP stock.
Is PEP's revenue growth accelerating or slowing?
PEP maintains +5.6% revenue growth, in line with its 5-year CAGR of +5.9%. TTM revenue stands at $93.9B. Growth rate remains consistent with historical average.
What is PEP's long-term revenue growth rate?
PepsiCo, Inc.'s 5-year revenue CAGR of +5.9% reflects the sustained expansion pattern. Current YoY growth of +5.6% is near this long-term average.
How is PEP's revenue distributed by segment?
PEP 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.