KDP · XBRL financial data

Keurig Dr Pepper financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (KDP's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	11,618	12,683	14,057	14,814	15,351	16,603
Cost of goods and services sold	5,132	5,706	6,734	6,734	6,822	7,604
Gross profit	6,486	6,977	7,323	8,080	8,529	8,999
Research and development	69	66	65	66	70	70
Selling, general and administrative	3,978	4,153	4,645	4,912	5,013	5,351
Other operating income (expense)	39	70	105	26	(207)	5
Operating income (loss)	2,480	2,894	2,605	3,192	2,591	3,575
Interest expense	604	500	693	496	—	—
Other income (expense)	(17)	2	(14)	61	60	(134)
Income tax expense (benefit)	428	653	284	576	473	608
Net income (loss)	1,325	2,146	1,436	2,181	1,441	2,079
Earnings per share, basic USD per share	0.94	1.52	1.01	1.56	1.06	1.53
Earnings per share, diluted USD per share	0.93	1.50	1.01	1.55	1.05	1.53
Weighted average shares, basic millions of shares	1,407	1,416	1,417	1,399	1,362	1,358
Weighted average shares, diluted millions of shares	1,422	1,428	1,429	1,408	1,368	1,363

Fiscal years (KDP's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	240	567	535	267	510	1,026
Accounts receivable	1,048	1,148	1,484	1,368	1,502	1,671
Inventory	762	894	1,314	1,142	1,299	1,733
Prepaid and other current assets	323	447	471	598	606	818
Total current assets	2,388	3,057	3,804	3,375	3,997	5,266
Property and equipment, net	2,212	2,494	2,491	2,699	2,964	3,230
Right-of-use asset	645	673	881	876	880	845
Goodwill	20,184	20,182	20,072	20,202	20,053	20,247
Total assets	49,779	50,598	51,837	52,130	53,430	55,459
Accounts payable	3,740	4,316	5,206	3,597	2,985	2,996
Accrued liabilities	1,040	1,110	1,153	1,242	1,584	1,379
Current portion of long-term debt	2,345	155	496	1,150	1,026	895
Total current liabilities	7,694	6,485	8,076	8,916	8,087	8,290
Long-term debt	11,143	11,578	11,072	9,945	12,912	13,036
Lease liability, non-current	580	608	803	793	790	764
Total liabilities	25,949	25,626	26,712	26,454	29,187	29,943
Retained earnings	2,061	3,199	3,539	4,559	4,793	5,622
Total stockholders' equity	23,829	24,972	25,126	25,676	24,243	25,516
Total liabilities and equity	49,779	50,598	51,837	52,130	53,430	55,459
Common shares outstanding (cover page) millions of shares	1,407	1,418	1,406	1,388	1,357	1,359

Fiscal years (KDP's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	1,325	2,146	1,436	2,181	1,441	2,079
Stock-based compensation	85	88	52	116	98	97
Net cash from operating activities	2,456	2,874	2,837	1,329	2,219	1,991
Purchases of property and equipment	461	423	353	425	563	486
Net cash from investing activities	(316)	210	(1,135)	(784)	(1,614)	(573)
Proceeds from issuing common stock	0	140	0	0	—	—
Share repurchases	0	0	379	706	1,110	9
Dividends paid	846	955	1,080	1,142	1,194	1,250
Net cash from financing activities	(1,990)	(2,762)	(1,728)	(832)	(223)	(999)

SIC 2080 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 2080 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Keurig Dr Pepper	1,517	7,309	895*	1.4B	Q2 FY26 10-QJun 30, 2026
Monster Beverage	2,192	2,537	509*	979.5M	Q2 FY26 10-QJun 30, 2026
Constellation Brands	99	2,633	817*	not reported	Q2 FY27 10-QAug 31, 2026
Pepsico	10,675	25,274	5,585*	1.4B	Q3 FY26 10-QSep 5, 2026
Celsius Holdings	631	818	223*	253.0M	Q2 FY26 10-QJun 30, 2026
Brown Forman	301	911	173	not reported	Q1 FY27 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.