Net Income for PepsiCo (PEP)
According to PepsiCo's latest reported financial statements, the company's current net income (TTM) is $8.74B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PEP
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$8.74B
YoY change
-14.0%
5Y CAGR
+3.0%
Peak year (2018)
$12.52B
Cumulative net income
$179.92B
Net Income history chart for PepsiCo (PEP) from 1985 to 2025
Net Income history table for PepsiCo (PEP) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $8.24B | -14.0% | ||
| 2024 | $9.58B | +5.6% | ||
| 2023 | $9.07B | +1.8% | ||
| 2022 | $8.91B | +17.0% | ||
| 2021 | $7.62B | +7.0% | ||
| 2020 | $7.12B | -2.7% | ||
| 2019 | $7.31B | -41.6% | ||
| 2018 | $12.52B | +157.7% | ||
| 2017 | $4.86B | -23.3% | ||
| 2016 | $6.33B | +16.1% | ||
| 2015 | $5.45B | -16.3% | ||
| 2014 | $6.51B | -3.4% | ||
| 2013 | $6.74B | +9.1% | ||
| 2012 | $6.18B | -4.1% | ||
| 2011 | $6.44B | +1.9% | ||
| 2010 | $6.32B | +6.3% | ||
| 2009 | $5.95B | +15.6% | ||
| 2008 | $5.14B | -9.1% | ||
| 2007 | $5.66B | +0.3% | ||
| 2006 | $5.64B | +38.4% | ||
| 2005 | $4.08B | -3.2% | ||
| 2004 | $4.21B | +18.0% | ||
| 2003 | $3.57B | +18.9% | ||
| 2002 | $3.00B | +25.0% | ||
| 2001 | $2.40B | -5.6% | ||
| 2000 | $2.54B | +1.5% | ||
| 1999 | $2.50B | +25.7% | ||
| 1998 | $1.99B | -7.0% | ||
| 1997 | $2.14B | +86.4% | ||
| 1996 | $1.15B | -28.5% | ||
| 1995 | $1.61B | -8.3% | ||
| 1994 | $1.75B | +10.3% | ||
| 1993 | $1.59B | +324.2% | ||
| 1992 | $374.30M | -65.3% | ||
| 1991 | $1.08B | +0.3% | ||
| 1990 | $1.08B | +19.5% | ||
| 1989 | $901.40M | +18.3% | ||
| 1988 | $762.20M | +28.1% | ||
| 1987 | $594.80M | +29.9% | ||
| 1986 | $457.80M | -15.8% | ||
| 1985 | $543.70M | — |
Net Income 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
PepsiCo (PEP) most recent annual net income stands at $8.24B (2025) – declined 14.0% year-over-year.
Over 2020–2025 (5 years), PepsiCo net income expanded at a +3.0% compound annual rate, with the latest reading among the more recent periods of the dataset.
PepsiCo net income plunged from $12.52B in 2018 to $8.24B in 2025, a 34.2% drawdown.
The highest annual net income of $12.52B was reported in 2018. The lowest in the available history was $374.30M in 1992.
PepsiCo (PEP) sits 5th of 8 Consumer Defensive peers we track on this metric, against a peer median of $9.72B.
PepsiCo Net Income by Year
PepsiCo Net Income 2025: $8.24B
PepsiCo net income in 2025 was $8.24B, declined 14.0% below 2024.
PepsiCo Net Income 2024: $9.58B
PepsiCo net income in 2024 was $9.58B, grew 5.6% from 2023.
PepsiCo Net Income 2023: $9.07B
PepsiCo net income in 2023 was $9.07B, edged up 1.8% from 2022.
PepsiCo Net Income 2022: $8.91B
PepsiCo net income in 2022 was $8.91B, grew 17.0% from 2021.
PepsiCo Net Income 2021: $7.62B
PepsiCo net income in 2021 was $7.62B.
See more financial history for PepsiCo (PEP).
Sector peers — Net Income
Companies in the same sector as PepsiCo, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $21.89B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $15.97B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.11B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $11.35B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $8.10B | Consumer Defensive |
| Altria Group, Inc. (MO) | $6.95B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $2.45B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.91B | Consumer Defensive |
Frequently asked questions
What is PepsiCo's net income?
- Latest reported net income for PepsiCo (PEP) is $8.74B (period ending March 21, 2026).
How has PepsiCo net income changed year-over-year?
- PepsiCo (PEP) net income changed -14.0% year-over-year on the latest annual filing.
What is the long-term growth rate of PepsiCo net income?
- PepsiCo (PEP) net income compound annual growth rate is +3.0% over the most recent 5 years available.
When did PepsiCo net income hit its highest annual value?
- PepsiCo net income reached its highest annual value of $12.52B in 2018.
What was PepsiCo net income in 2024?
- PepsiCo (PEP) net income in 2024 was $9.58B.
What was PepsiCo net income in 2025?
- PepsiCo (PEP) net income in 2025 was $8.24B.
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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