Summary
Pepsico Beats
Pepsico (PEP) reported Quarter December 2025 earnings of $2.26 per share on revenue of $29.3 billion. The consensus earnings estimate was $2.24 per share on revenue of $29.0 billion. The Earnings Whisper number was $2.25 per share. Revenue grew 5.6% on a year-over-year basis.
The company said it expects 2026 earnings of $8.47 to $8.63 per share on revenue of $95.80 billion to $97.68 billion. The current consensus earnings estimate is $8.55 per share on revenue of $97.22 billion for the year ending December 31, 2026.
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world.
Results
Reported Earnings
$2.26
Earnings Whisper
$2.25
Consensus Estimate
$2.24
Reported Revenue
$29.34 Bil
Revenue Estimate
$29.01 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
PepsiCo Reports Fourth Quarter and Full-Year 2025 Results;
Affirms 2026 Financial Outlook; Announces Annual Dividend Increase
Reported (GAAP) Fourth Quarter and Full-Year 2025 Results
PURCHASE, N.Y. - February 3, 2026 - PepsiCo, Inc. (NASDAQ: PEP) today reported results for the fourth quarter and full-year 2025.
“PepsiCo’s fourth quarter results reflected a sequential acceleration in reported and organic revenue growth, with improvements in both the North America and International businesses. Accelerated net revenue growth and strong productivity savings led to strong operating margin expansion and double-digit EPS growth in the fourth quarter,” said Chairman and CEO Ramon Laguarta.
Laguarta continued, “For fiscal 2026, we aim to accelerate growth by restaging large, global brands, introducing an expansive set of product innovation in emerging and functional spaces, and offering sharper value to address consumer affordability dynamics. We also aim to deliver a record year of productivity savings which will help fund investments to accelerate growth. As a result, we expect North America’s business performance to improve and the International business to remain resilient this year. We are affirming the fiscal 2026 financial guidance provided in December and are pleased to announce a 4 percent increase in our annualized dividend per share beginning with the June 2026 payment, representing our 54th consecutive annual increase.”
For the full earnings release, please go here.