PepsiCo Inc
NASDAQ:PEP
Income Statement
Earnings Waterfall
PepsiCo Inc
Revenue
|
91.9B
USD
|
Cost of Revenue
|
-41.8B
USD
|
Gross Profit
|
50.1B
USD
|
Operating Expenses
|
-36.1B
USD
|
Operating Income
|
13.9B
USD
|
Other Expenses
|
-4.7B
USD
|
Net Income
|
9.2B
USD
|
Income Statement
PepsiCo Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
66 457
N/A
|
66 544
+0%
|
66 853
+0%
|
66 683
0%
|
66 277
-1%
|
65 306
-1%
|
64 419
-1%
|
63 056
-2%
|
62 701
-1%
|
62 173
-1%
|
61 869
0%
|
62 799
+2%
|
62 986
+0%
|
63 301
+1%
|
63 514
+0%
|
63 525
+0%
|
64 038
+1%
|
64 418
+1%
|
64 663
+0%
|
64 661
0%
|
64 983
+0%
|
65 342
+1%
|
66 045
+1%
|
67 161
+2%
|
68 158
+1%
|
67 654
-1%
|
68 557
+1%
|
70 372
+3%
|
71 311
+1%
|
74 583
+5%
|
76 681
+3%
|
79 474
+4%
|
80 854
+2%
|
81 862
+1%
|
83 644
+2%
|
86 392
+3%
|
88 038
+2%
|
90 135
+2%
|
91 617
+2%
|
91 471
0%
|
91 875
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(31 068)
|
(30 948)
|
(31 044)
|
(31 238)
|
(30 994)
|
(30 467)
|
(29 962)
|
(28 731)
|
(28 619)
|
(28 198)
|
(27 992)
|
(28 222)
|
(28 361)
|
(28 587)
|
(28 671)
|
(28 796)
|
(29 158)
|
(29 365)
|
(29 524)
|
(29 378)
|
(29 389)
|
(29 428)
|
(29 585)
|
(29 983)
|
(30 442)
|
(30 208)
|
(30 668)
|
(31 735)
|
(32 279)
|
(34 088)
|
(35 329)
|
(37 045)
|
(37 664)
|
(38 201)
|
(39 112)
|
(40 202)
|
(40 903)
|
(41 608)
|
(41 983)
|
(41 737)
|
(41 823)
|
|
Gross Profit |
35 389
N/A
|
35 596
+1%
|
35 809
+1%
|
35 445
-1%
|
35 283
0%
|
34 839
-1%
|
34 457
-1%
|
34 325
0%
|
34 082
-1%
|
33 975
0%
|
33 877
0%
|
34 577
+2%
|
34 625
+0%
|
34 714
+0%
|
34 843
+0%
|
34 729
0%
|
34 880
+0%
|
35 053
+0%
|
35 139
+0%
|
35 283
+0%
|
35 594
+1%
|
35 914
+1%
|
36 460
+2%
|
37 178
+2%
|
37 716
+1%
|
37 446
-1%
|
37 889
+1%
|
38 637
+2%
|
39 032
+1%
|
40 495
+4%
|
41 352
+2%
|
42 429
+3%
|
43 190
+2%
|
43 661
+1%
|
44 532
+2%
|
46 190
+4%
|
47 135
+2%
|
48 527
+3%
|
49 634
+2%
|
49 734
+0%
|
50 052
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(25 217)
|
(25 307)
|
(25 440)
|
(25 446)
|
(25 346)
|
(24 957)
|
(24 693)
|
(24 397)
|
(24 297)
|
(24 121)
|
(23 952)
|
(24 529)
|
(24 375)
|
(24 465)
|
(24 518)
|
(24 239)
|
(24 399)
|
(24 520)
|
(24 662)
|
(24 826)
|
(24 922)
|
(25 208)
|
(25 687)
|
(26 519)
|
(26 812)
|
(27 105)
|
(27 434)
|
(28 042)
|
(28 222)
|
(29 056)
|
(29 758)
|
(31 054)
|
(31 690)
|
(31 900)
|
(32 456)
|
(33 700)
|
(34 282)
|
(35 329)
|
(35 932)
|
(36 013)
|
(36 125)
|
|
Selling, General & Administrative |
(25 109)
|
(25 204)
|
(25 340)
|
(24 636)
|
(25 259)
|
(24 873)
|
(24 613)
|
(23 568)
|
(24 224)
|
(24 050)
|
(23 881)
|
(23 769)
|
(24 389)
|
(24 480)
|
(24 551)
|
(23 502)
|
(24 383)
|
(24 520)
|
(24 662)
|
(24 146)
|
(24 922)
|
(25 208)
|
(25 687)
|
(25 808)
|
(26 812)
|
(27 105)
|
(27 434)
|
(27 323)
|
(28 222)
|
(29 056)
|
(29 758)
|
(30 302)
|
(31 690)
|
(31 900)
|
(32 456)
|
(32 929)
|
(34 282)
|
(35 329)
|
(35 932)
|
(35 209)
|
(36 125)
|
|
Research & Development |
0
|
0
|
0
|
(718)
|
0
|
0
|
0
|
(754)
|
0
|
0
|
0
|
(760)
|
0
|
0
|
0
|
(737)
|
0
|
0
|
0
|
(680)
|
0
|
0
|
0
|
(711)
|
0
|
0
|
0
|
(719)
|
0
|
0
|
0
|
(752)
|
0
|
0
|
0
|
(771)
|
0
|
0
|
0
|
(804)
|
0
|
|
Depreciation & Amortization |
(108)
|
(103)
|
(100)
|
(92)
|
(87)
|
(84)
|
(80)
|
(75)
|
(73)
|
(71)
|
(71)
|
0
|
0
|
(34)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
49
|
33
|
0
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
10 172
N/A
|
10 289
+1%
|
10 369
+1%
|
9 999
-4%
|
9 937
-1%
|
9 882
-1%
|
9 764
-1%
|
9 928
+2%
|
9 785
-1%
|
9 854
+1%
|
9 925
+1%
|
10 048
+1%
|
10 250
+2%
|
10 249
0%
|
10 325
+1%
|
10 490
+2%
|
10 481
0%
|
10 533
+0%
|
10 477
-1%
|
10 457
0%
|
10 672
+2%
|
10 706
+0%
|
10 773
+1%
|
10 659
-1%
|
10 904
+2%
|
10 341
-5%
|
10 455
+1%
|
10 595
+1%
|
10 810
+2%
|
11 439
+6%
|
11 594
+1%
|
11 375
-2%
|
11 500
+1%
|
11 761
+2%
|
12 076
+3%
|
12 490
+3%
|
12 853
+3%
|
13 198
+3%
|
13 702
+4%
|
13 721
+0%
|
13 927
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(877)
|
(894)
|
(844)
|
(824)
|
(839)
|
(859)
|
(860)
|
(897)
|
(974)
|
(985)
|
(1 029)
|
(1 321)
|
(1 263)
|
(1 234)
|
(1 228)
|
(892)
|
(898)
|
(908)
|
(907)
|
(1 219)
|
(926)
|
(1 032)
|
(1 026)
|
(880)
|
(1 093)
|
(982)
|
(977)
|
(1 119)
|
(944)
|
(951)
|
(981)
|
(1 843)
|
(1 785)
|
(1 724)
|
(1 775)
|
(949)
|
(1 045)
|
(1 078)
|
(908)
|
(786)
|
(754)
|
|
Non-Reccuring Items |
(259)
|
(333)
|
(385)
|
(418)
|
(356)
|
(289)
|
(1 632)
|
(1 589)
|
(1 583)
|
(1 607)
|
(223)
|
(155)
|
(151)
|
(136)
|
(115)
|
(229)
|
(216)
|
(214)
|
(243)
|
(383)
|
(412)
|
(662)
|
(732)
|
(698)
|
(820)
|
(781)
|
(780)
|
(749)
|
(719)
|
(535)
|
(480)
|
(255)
|
2 551
|
1 047
|
961
|
(1 312)
|
(4 188)
|
(2 749)
|
(2 713)
|
(1 783)
|
(1 941)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
51
|
51
|
120
|
233
|
171
|
253
|
258
|
334
|
66
|
55
|
24
|
231
|
164
|
178
|
222
|
342
|
385
|
425
|
457
|
544
|
542
|
549
|
525
|
476
|
414
|
342
|
309
|
265
|
268
|
|
Pre-Tax Income |
9 036
N/A
|
9 062
+0%
|
9 140
+1%
|
8 757
-4%
|
8 742
0%
|
8 734
0%
|
7 272
-17%
|
7 442
+2%
|
7 228
-3%
|
7 262
+0%
|
8 673
+19%
|
8 553
-1%
|
8 887
+4%
|
8 930
+0%
|
9 102
+2%
|
9 602
+5%
|
9 538
-1%
|
9 664
+1%
|
9 585
-1%
|
9 189
-4%
|
9 400
+2%
|
9 067
-4%
|
9 039
0%
|
9 312
+3%
|
9 155
-2%
|
8 756
-4%
|
8 920
+2%
|
9 069
+2%
|
9 532
+5%
|
10 378
+9%
|
10 590
+2%
|
9 821
-7%
|
12 808
+30%
|
11 633
-9%
|
11 787
+1%
|
10 705
-9%
|
8 034
-25%
|
9 713
+21%
|
10 390
+7%
|
11 417
+10%
|
11 500
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 107)
|
(2 171)
|
(2 154)
|
(2 199)
|
(2 180)
|
(2 165)
|
(2 178)
|
(1 941)
|
(2 013)
|
(2 028)
|
(1 978)
|
(2 174)
|
(2 124)
|
(2 062)
|
(2 082)
|
(2 194)
|
(2 105)
|
(1 742)
|
(1 234)
|
3 342
|
3 170
|
2 939
|
2 492
|
(1 967)
|
(1 852)
|
(1 838)
|
(1 805)
|
(1 894)
|
(1 985)
|
(2 117)
|
(2 203)
|
(1 952)
|
(2 389)
|
(2 140)
|
(1 917)
|
(1 641)
|
(1 299)
|
(1 653)
|
(2 024)
|
(2 262)
|
(2 236)
|
|
Income from Continuing Operations |
6 929
|
6 891
|
6 986
|
6 558
|
6 562
|
6 569
|
5 094
|
5 501
|
5 215
|
5 234
|
6 695
|
6 379
|
6 763
|
6 868
|
7 020
|
7 408
|
7 433
|
7 922
|
8 351
|
12 531
|
12 570
|
12 006
|
11 531
|
7 345
|
7 303
|
6 918
|
7 115
|
7 175
|
7 547
|
8 261
|
8 387
|
7 869
|
10 419
|
9 493
|
9 870
|
9 064
|
6 735
|
8 060
|
8 366
|
9 155
|
9 264
|
|
Income to Minority Interest |
(48)
|
(42)
|
(42)
|
(45)
|
(44)
|
(49)
|
(49)
|
(49)
|
(53)
|
(47)
|
(49)
|
(50)
|
(47)
|
(52)
|
(52)
|
(51)
|
(50)
|
(47)
|
(46)
|
(44)
|
(43)
|
(41)
|
(40)
|
(39)
|
(43)
|
(47)
|
(53)
|
(55)
|
(51)
|
(53)
|
(56)
|
(61)
|
(64)
|
(67)
|
(70)
|
(68)
|
(68)
|
(74)
|
(76)
|
(81)
|
(80)
|
|
Net Income (Common) |
6 874
N/A
|
6 843
0%
|
6 935
+1%
|
6 503
-6%
|
6 508
+0%
|
6 511
+0%
|
5 037
-23%
|
5 446
+8%
|
5 156
-5%
|
5 181
+0%
|
6 641
+28%
|
6 323
-5%
|
6 711
+6%
|
6 812
+2%
|
6 964
+2%
|
4 853
-30%
|
4 878
+1%
|
4 593
-6%
|
4 948
+8%
|
12 513
+153%
|
12 585
+1%
|
12 800
+2%
|
12 402
-3%
|
7 314
-41%
|
7 239
-1%
|
6 850
-5%
|
7 041
+3%
|
7 120
+1%
|
7 496
+5%
|
8 208
+9%
|
8 141
-1%
|
7 618
-6%
|
10 165
+33%
|
9 236
-9%
|
9 714
+5%
|
8 910
-8%
|
6 581
-26%
|
7 900
+20%
|
8 290
+5%
|
9 074
+9%
|
9 184
+1%
|
|
EPS (Diluted) |
4.46
N/A
|
4.46
N/A
|
4.53
+2%
|
4.27
-6%
|
4.33
+1%
|
4.36
+1%
|
3.39
-22%
|
3.67
+8%
|
3.53
-4%
|
3.56
+1%
|
4.57
+28%
|
4.36
-5%
|
4.66
+7%
|
4.72
+1%
|
4.84
+3%
|
3.37
-30%
|
3.41
+1%
|
3.22
-6%
|
3.47
+8%
|
8.78
+153%
|
8.9
+1%
|
9.08
+2%
|
8.82
-3%
|
5.19
-41%
|
5.18
0%
|
4.9
-5%
|
5.06
+3%
|
5.11
+1%
|
5.4
+6%
|
5.92
+10%
|
5.86
-1%
|
5.48
-6%
|
7.3
+33%
|
6.64
-9%
|
7
+5%
|
6.42
-8%
|
4.75
-26%
|
5.7
+20%
|
5.99
+5%
|
6.56
+10%
|
6.64
+1%
|