Gross Profit for PepsiCo (PEP)
According to PepsiCo's latest reported financial statements, the company's current gross profit (TTM) is $51.60B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PEP
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$51.60B
YoY change
+1.5%
5Y CAGR
+5.7%
Peak year (2025)
$50.86B
Cumulative gross profit
$967.95B
Gross Profit history chart for PepsiCo (PEP) from 1985 to 2025
Gross Profit history table for PepsiCo (PEP) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $50.86B | +1.5% | ||
| 2024 | $50.11B | +1.0% | ||
| 2023 | $49.59B | +8.2% | ||
| 2022 | $45.82B | +8.1% | ||
| 2021 | $42.40B | +9.9% | ||
| 2020 | $38.58B | +4.2% | ||
| 2019 | $37.03B | +5.0% | ||
| 2018 | $35.28B | +1.6% | ||
| 2017 | $34.73B | +0.4% | ||
| 2016 | $34.58B | +0.7% | ||
| 2015 | $34.33B | -3.2% | ||
| 2014 | $35.45B | +0.8% | ||
| 2013 | $35.17B | +2.8% | ||
| 2012 | $34.20B | -2.0% | ||
| 2011 | $34.91B | +11.7% | ||
| 2010 | $31.26B | +35.1% | ||
| 2009 | $23.13B | +1.0% | ||
| 2008 | $22.90B | +6.8% | ||
| 2007 | $21.44B | +10.6% | ||
| 2006 | $19.38B | +5.4% | ||
| 2005 | $18.39B | +10.8% | ||
| 2004 | $16.59B | +13.7% | ||
| 2003 | $14.59B | +7.2% | ||
| 2002 | $13.62B | +6.7% | ||
| 2001 | $12.76B | -16.3% | ||
| 2000 | $15.25B | +3.3% | ||
| 1999 | $14.77B | +5.3% | ||
| 1998 | $14.03B | +5.5% | ||
| 1997 | $13.30B | +4.3% | ||
| 1996 | $12.75B | +7.6% | ||
| 1995 | $11.85B | -26.0% | ||
| 1994 | $16.02B | +12.7% | ||
| 1993 | $14.22B | +12.0% | ||
| 1992 | $12.69B | +12.9% | ||
| 1991 | $11.25B | +11.6% | ||
| 1990 | $10.08B | +17.9% | ||
| 1989 | $8.55B | +15.8% | ||
| 1988 | $7.38B | -2.7% | ||
| 1987 | $7.59B | +27.3% | ||
| 1986 | $5.96B | +14.6% | ||
| 1985 | $5.20B | — |
Gross Profit values are taken from PepsiCo'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, PepsiCo (PEP) reported gross profit of $50.86B – edged up 1.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, PepsiCo gross profit compounded at +5.7% per year, sustaining 10 straight years of year-over-year growth.
The dataset's maximum gross profit sits at $50.86B (2025); the minimum reading of $5.20B dates to 1985.
Among 8 Consumer Defensive peers, PepsiCo (PEP) ranks 2nd; the peer median for gross profit is $28.41B.
PepsiCo Gross Profit by Year
PepsiCo Gross Profit 2025: $50.86B
PepsiCo gross profit in 2025 was $50.86B, edged up 1.5% from 2024. This figure represents the highest annual value in the available history.
PepsiCo Gross Profit 2024: $50.11B
PepsiCo gross profit in 2024 was $50.11B, edged up 1.0% from 2023.
PepsiCo Gross Profit 2023: $49.59B
PepsiCo gross profit in 2023 was $49.59B, grew 8.2% from 2022.
PepsiCo Gross Profit 2022: $45.82B
PepsiCo gross profit in 2022 was $45.82B, grew 8.1% from 2021.
PepsiCo Gross Profit 2021: $42.40B
PepsiCo gross profit in 2021 was $42.40B.
See more financial history for PepsiCo (PEP).
Sector peers — Gross Profit
Companies in the same sector as PepsiCo, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $177.77B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $43.12B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $35.35B | Consumer Defensive |
| The Coca-Cola Company (KO) | $29.54B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $27.28B | Consumer Defensive |
| Altria Group, Inc. (MO) | $17.44B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $10.79B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $4.63B | Consumer Defensive |
Frequently asked questions
What is PepsiCo's gross profit?
- Latest reported gross profit for PepsiCo (PEP) is $51.60B (period ending March 21, 2026).
How has PepsiCo gross profit changed year-over-year?
- PepsiCo (PEP) gross profit changed +1.5% year-over-year on the latest annual filing.
What is the long-term growth rate of PepsiCo gross profit?
- PepsiCo (PEP) gross profit compound annual growth rate is +5.7% over the most recent 5 years available.
When did PepsiCo gross profit hit its highest annual value?
- PepsiCo gross profit reached its highest annual value of $50.86B in 2025.
What was PepsiCo gross profit in 2024?
- PepsiCo (PEP) gross profit in 2024 was $50.11B.
What was PepsiCo gross profit in 2025?
- PepsiCo (PEP) gross profit in 2025 was $50.86B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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