Operating Income for Keurig Dr Pepper (KDP)
According to Keurig Dr Pepper's latest reported financial statements, the company's current operating income (TTM) is $3.61B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.61B
YoY change
+40.8%
5Y CAGR
+8.0%
Peak year (2025)
$3.65B
Cumulative operating income
$35.19B
Operating Income history chart for Keurig Dr Pepper (KDP) from 2004 to 2025
Operating Income history table for Keurig Dr Pepper (KDP) from 2004 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.65B | +40.8% | ||
| 2024 | $2.59B | -18.8% | ||
| 2023 | $3.19B | +22.5% | ||
| 2022 | $2.60B | -10.0% | ||
| 2021 | $2.89B | +16.7% | ||
| 2020 | $2.48B | +4.3% | ||
| 2019 | $2.38B | +92.2% | ||
| 2018 | $1.24B | -10.9% | ||
| 2017 | $1.39B | -3.1% | ||
| 2016 | $1.43B | +10.4% | ||
| 2015 | $1.30B | +10.0% | ||
| 2014 | $1.18B | +12.8% | ||
| 2013 | $1.05B | -4.2% | ||
| 2012 | $1.09B | +6.6% | ||
| 2011 | $1.02B | -0.1% | ||
| 2010 | $1.02B | -5.5% | ||
| 2009 | $1.08B | -745.8% | ||
| 2008 | -$168.00M | -116.7% | ||
| 2007 | $1.00B | -1.4% | ||
| 2006 | $1.02B | +12.4% | ||
| 2005 | $906.00M | +8.6% | ||
| 2004 | $834.00M | — |
Operating Income values are taken from Keurig Dr Pepper's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Keurig Dr Pepper (KDP) reported operating income of $3.65B – surged 40.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Keurig Dr Pepper operating income compounded at +8.0% per year, with the latest reading among the more recent periods of the dataset.
Across the available history, operating income reached its high of $3.65B in 2025 and its low of -$168.00M in 2008.
Keurig Dr Pepper (KDP) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $14.35B.
Keurig Dr Pepper Operating Income by Year
Keurig Dr Pepper Operating Income 2025: $3.65B
Keurig Dr Pepper operating income in 2025 was $3.65B, surged 40.8% from 2024. This figure represents the highest annual value in the available history.
Keurig Dr Pepper Operating Income 2024: $2.59B
Keurig Dr Pepper operating income in 2024 was $2.59B, declined 18.8% below 2023.
Keurig Dr Pepper Operating Income 2023: $3.19B
Keurig Dr Pepper operating income in 2023 was $3.19B, grew 22.5% from 2022.
Keurig Dr Pepper Operating Income 2022: $2.60B
Keurig Dr Pepper operating income in 2022 was $2.60B, declined 10.0% below 2021.
Keurig Dr Pepper Operating Income 2021: $2.89B
Keurig Dr Pepper operating income in 2021 was $2.89B.
See more financial history for Keurig Dr Pepper (KDP).
Sector peers — Operating Income
Companies in the same sector as Keurig Dr Pepper, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $10.38B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.42B | Consumer Defensive |
Frequently asked questions
What is Keurig Dr Pepper's operating income?
- Latest reported operating income for Keurig Dr Pepper (KDP) is $3.61B (period ending March 31, 2026).
How has Keurig Dr Pepper operating income changed year-over-year?
- Keurig Dr Pepper (KDP) operating income changed +40.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Keurig Dr Pepper operating income?
- Keurig Dr Pepper (KDP) operating income compound annual growth rate is +8.0% over the most recent 5 years available.
When did Keurig Dr Pepper operating income hit its highest annual value?
- Keurig Dr Pepper operating income reached its highest annual value of $3.65B in 2025.
What was Keurig Dr Pepper operating income in 2024?
- Keurig Dr Pepper (KDP) operating income in 2024 was $2.59B.
What was Keurig Dr Pepper operating income in 2025?
- Keurig Dr Pepper (KDP) operating income in 2025 was $3.65B.
Metrics overview
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