Flagship explainer
How PepsiCo, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $93.9B | 100% |
| |
| Cost of revenue | $43.1B | 46% |
|
| $50.9B | 54% |
| |
| $11.5B | 12% |
| |
| Income before tax | $10.2B | 11% |
|
| Income tax | $1.9B | 2% |
|
| $8.2B | 9% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0000077476-26-000007