The Business Study
PepsiCo, Inc. · PEPHow PepsiCo makes money
PepsiCo brought in $93.9 billion in revenue in the year ended December 27, 2025 and kept $8.2 billion as profit: $8.77 of every $100. Its biggest source of money was Drinks, North America, at $28.2 billion (30% of the total). But Snacks, North America made the most operating profit: $6.2 billion, 54% of PepsiCo's $11.5 billion total.
From PepsiCo's Form 10-K for the year ended December 27, 2025. Page updated November 8, 2026.
Out of every $100 PepsiCo took in, it kept
Where PepsiCo's money comes from. 6 lines in its 10‑K.
Where the profit comes from. Operating profit by segment.
Operating profit (operating income) by the business segments PepsiCo reports, before corporate costs not assigned to a segment.
6 years of PepsiCo's revenue and profit.
Fiscal years as PepsiCo reports them; the latest ended December 27, 2025. Profit is net income.
Quick answers about PepsiCo.
How does PepsiCo make money?
PepsiCo sells snacks (Lay's, Doritos, Quaker) and drinks (Pepsi, Gatorade), and makes more profit from snacks than from soda. The biggest line in its latest 10-K is Drinks, North America ($28.2 billion).
How much money does PepsiCo make a year?
$93.9 billion in revenue in the year ended December 27, 2025, and $8.2 billion in net profit. That's up 2% from the year before.
Is PepsiCo profitable?
Yes. PepsiCo made $8.2 billion in net profit in the year ended December 27, 2025, which is $8.77 of every $100 it took in.
How many employees does PepsiCo have?
About 306,000 employees as of December 27, 2025. That works out to $306,944 in revenue per employee.
Which part of PepsiCo makes the most profit?
Snacks, North America, with $6.2 billion in operating profit in the year ended December 27, 2025.
Is PepsiCo growing?
Yes. Revenue went from $70.4 billion in 2020 to $93.9 billion in 2025, up 33%.
Compare PepsiCo.
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Coca-Cola vs PepsiCo
Revenue, profit, margins and employees, round by round.
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PepsiCo vs Coca-Cola
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CompareSource: PepsiCo, Inc., annual report on Form 10-K for the fiscal year ended December 27, 2025, filed with the SEC on February 3, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.