KDP Income Statement - Keurig Dr Pepper Inc.

Complete source-backed income-statement history.

Available history: 2008-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2026-06-30	$7.31B	$4.24B	$3.07B	—	$2.4B	—	$628M	—	$305M	$95M	$142M	$0.04	$0.04	1,360,600,000	1,364,500,000
2026-03-31	$3.98B	$1.88B	$2.1B	—	$1.34B	—	$756M	—	$357M	$87M	$270M	$0.20	$0.20	1,359,200,000	1,363,700,000
2025-12-31	$4.5B	$2.08B	$2.42B	—	$1.46B	—	$881M	—	$457M	$104M	$353M	$0.26	$0.26	100,000	100,000
2025-09-30	$4.31B	$1.97B	$2.34B	—	$1.34B	—	$995M	—	$852M	$190M	$662M	$0.49	$0.49	1,358,500,000	1,362,900,000
2025-06-30	$4.16B	$1.91B	$2.26B	—	$1.36B	—	$898M	—	$718M	$171M	$547M	$0.40	$0.40	1,358,300,000	1,362,800,000
2025-03-31	$3.64B	$1.65B	$1.99B	—	$1.19B	—	$801M	—	$660M	$143M	$517M	$0.38	$0.38	1,357,100,000	1,362,200,000
2024-12-31	$4.07B	$1.79B	$2.28B	—	$1.3B	—	$63M	—	-$154M	-$10M	-$144M	-$0.10	-$0.11	-2,000,000	-2,100,000
2024-09-30	$3.89B	$1.75B	$2.14B	—	$1.25B	—	$902M	—	$802M	$186M	$616M	$0.45	$0.45	1,356,200,000	1,361,900,000
2024-06-30	$3.92B	$1.75B	$2.17B	—	$1.3B	—	$861M	—	$672M	$157M	$515M	$0.38	$0.38	1,355,600,000	1,361,200,000
2024-03-31	$3.47B	$1.53B	$1.94B	—	$1.18B	—	$765M	—	$594M	$140M	$454M	$0.33	$0.33	1,380,700,000	1,387,700,000
2023-12-31	$3.87B	$1.68B	$2.18B	—	$1.26B	—	$943M	—	$899M	$206M	$693M	$0.50	$0.50	-2,000,000	-2,400,000
2023-09-30	$3.81B	$1.69B	$2.11B	—	$1.22B	—	$896M	—	$664M	$146M	$518M	$0.37	$0.37	1,397,400,000	1,406,200,000
2023-06-30	$3.79B	$1.75B	$2.04B	—	$1.27B	—	$769M	—	$613M	$110M	$503M	$0.36	$0.36	1,400,300,000	1,409,100,000
2023-03-31	$3.35B	$1.61B	$1.74B	—	$1.17B	—	$584M	—	$581M	$114M	$467M	$0.33	$0.33	1,406,200,000	1,417,000,000
2022-12-31	$3.8B	$1.81B	$2B	—	$1.23B	—	$673M	—	$558M	$105M	$453M	$0.32	$0.32	-500,000	-300,000
2022-09-30	$3.62B	$1.72B	$1.9B	—	$1.2B	—	$394M	—	$183M	$4M	$180M	$0.13	$0.13	1,416,100,000	1,427,200,000
2022-06-30	$3.55B	$1.78B	$1.78B	—	$1.2B	—	$572M	—	$213M	-$5M	$218M	$0.15	$0.15	1,417,500,000	1,428,600,000
2022-03-31	$3.08B	$1.43B	$1.65B	—	$1.02B	—	$966M	—	$765M	$180M	$585M	$0.41	$0.41	1,418,200,000	1,429,700,000
2021-12-31	$3.39B	$1.62B	$1.77B	—	$1.11B	—	$725M	—	$1.11B	$266M	$843M	$0.60	$0.59	800,000	400,000
2021-09-30	$3.25B	$1.42B	$1.84B	—	$1.04B	—	$795M	—	$678M	$149M	$530M	$0.37	$0.37	1,417,600,000	1,428,500,000
2021-06-30	$3.14B	$1.37B	$1.77B	—	$1.04B	—	$734M	—	$613M	$165M	$448M	$0.32	$0.31	1,417,400,000	1,428,100,000
2021-03-31	$2.9B	$1.3B	$1.6B	—	$961M	—	$640M	—	$398M	$73M	$325M	$0.23	$0.23	1,409,200,000	1,425,600,000
2020-12-31	$3.12B	$1.35B	$1.77B	—	$1B	—	$700M	—	$558M	$130M	$428M	$0.30	$0.30	0	600,000
2020-09-30	$3.02B	$1.32B	$1.7B	—	$949M	—	$753M	—	$584M	$141M	$443M	$0.31	$0.31	1,407,300,000	1,422,900,000
2020-06-30	$2.86B	$1.3B	$1.56B	—	$1B	—	$561M	—	$406M	$108M	$298M	$0.21	$0.21	1,407,200,000	1,421,500,000
2020-03-31	$2.61B	$1.16B	$1.45B	—	$1.03B	—	$466M	—	$205M	$49M	$156M	$0.11	$0.11	1,407,000,000	1,420,100,000
2019-12-31	$2.93B	$1.24B	$1.69B	—	$1.01B	—	$713M	—	$550M	$144M	$406M	$0.29	$0.28	100,000	300,000
2019-09-30	$2.87B	$1.25B	$1.63B	—	$1.01B	—	$580M	—	$413M	$109M	$304M	$0.22	$0.21	1,406,800,000	1,419,400,000
2019-06-30	$2.81B	$1.19B	$1.63B	—	$1.03B	—	$587M	—	$416M	$102M	$314M	$0.22	$0.22	1,406,700,000	1,419,200,000
2019-03-31	$2.5B	$1.11B	$1.4B	—	$911M	—	$498M	—	$315M	$85M	$230M	$0.16	$0.16	1,406,300,000	1,417,700,000
2018-12-31	$2.81B	$1.27B	$1.55B	—	$986M	—	$547M	—	$358M	$92M	$266M	$0.21	$0.21	103,300,000	103,500,000
2018-09-30	$2.73B	$1.37B	$1.37B	—	$1.03B	—	$345M	—	$195M	$46M	$149M	$0.11	$0.11	1,361,800,000	1,373,600,000
2018-06-30	$949M	$458M	$491M	—	$321M	—	$167M	—	$98M	$13M	$83M	$0.10	$0.10	790,500,000	790,500,000
2018-03-31	$948M	$467M	$481M	—	$300M	—	$178M	—	$140M	$51M	$88M	$0.11	$0.11	790,500,000	790,500,000
2017-12-31	$1.17B	$656M	$514M	$17M	$212M	—	$230M	—	$183M	-$437M	$613M	$74.66	$73.79	8,200,000	8,200,000
2017-09-30	$1.14B	$585M	$555M	—	$318M	—	$238M	—	$163M	$46M	$116M	$0.15	$0.14	790,500,000	790,500,000
2017-06-30	$1.8B	$718M	$1.08B	—	$681M	—	$375M	—	$283M	$94M	$188M	$1.02	$1.02	183,200,000	183,700,000
2017-03-31	$1.51B	$607M	$903M	—	$620M	—	$286M	—	$248M	$71M	$177M	$0.97	$0.96	183,400,000	184,600,000
2016-12-31	$1.58B	$627M	$951M	—	$590M	—	$335M	—	$257M	$91M	$165M	$0.91	$0.90	-700,000	-500,000
2016-12-24	$1.21B	$670M	$544M	$17M	$203M	—	$264M	—	$227M	$82M	$143M	$17.46	$17.34	8,200,000	8,200,000
2016-09-30	$1.68B	$683M	$997M	—	$603M	—	$373M	—	$343M	$102M	$240M	$1.30	$1.29	184,800,000	185,700,000
2016-06-30	$1.7B	$670M	$1.03B	—	$590M	—	$412M	—	$402M	$142M	$260M	$1.40	$1.39	185,700,000	186,500,000
2016-03-31	$1.49B	$602M	$885M	—	$546M	—	$313M	—	$281M	$99M	$182M	$0.97	$0.96	187,600,000	189,000,000
2015-12-31	$1.55B	$610M	$936M	—	$583M	—	$322M	—	$291M	$106M	$185M	$0.98	$0.97	-700,000	-400,000
2015-09-30	$1.63B	$673M	$957M	—	$592M	—	$337M	—	$308M	$106M	$202M	$1.06	$1.05	190,400,000	191,500,000
2015-06-30	$1.66B	$674M	$981M	—	$586M	—	$369M	—	$341M	$121M	$220M	$1.15	$1.14	191,400,000	192,400,000
2015-03-31	$1.45B	$602M	$849M	—	$552M	—	$270M	—	$244M	$87M	$157M	$0.82	$0.81	193,000,000	194,600,000
2014-12-31	$1.51B	$614M	$895M	—	$607M	—	$256M	—	$230M	$80M	$150M	$0.78	$0.77	-600,000	-400,000
2014-09-30	$1.58B	$658M	$925M	—	$581M	—	$316M	—	$285M	$97M	$188M	$0.97	$0.96	194,800,000	196,200,000
2014-06-30	$1.63B	$665M	$966M	—	$592M	—	$348M	—	$322M	$113M	$210M	$1.07	$1.06	196,600,000	197,800,000
2014-03-31	$1.4B	$554M	$844M	—	$554M	—	$260M	—	$236M	$81M	$155M	$0.78	$0.78	197,900,000	199,500,000
2013-12-31	$1.46B	$583M	$880M	—	$527M	—	$264M	—	$237M	$81M	$156M	$0.79	$0.77	-1,100,000	-1,000,000
2013-09-30	$1.54B	$650M	$893M	—	$563M	—	$300M	—	-$157M	-$364M	$207M	$1.02	$1.01	203,300,000	204,700,000
2013-06-30	$1.61B	$676M	$935M	—	$619M	—	$285M	—	$296M	$142M	$155M	$0.76	$0.76	204,100,000	205,500,000
2013-03-31	$1.38B	$590M	$790M	—	$563M	—	$197M	—	$166M	$60M	$106M	$0.52	$0.51	204,600,000	206,300,000
2012-12-31	$1.48B	$605M	$879M	—	$555M	—	$292M	—	$263M	$93M	$170M	$0.82	$0.81	-1,000,000	-1,000,000
2012-09-30	$1.53B	$626M	$902M	—	$561M	—	$308M	—	$281M	$102M	$179M	$0.85	$0.84	210,400,000	212,000,000
2012-06-30	$1.62B	$685M	$936M	—	$599M	—	$300M	—	$271M	$93M	$178M	$0.84	$0.83	211,900,000	213,300,000
2012-03-31	$1.36B	$584M	$778M	—	$553M	—	$192M	—	$163M	$61M	$102M	$0.48	$0.48	212,600,000	213,900,000
2011-12-31	$1.46B	$604M	$857M	—	$553M	—	$271M	—	$246M	$80M	$166M	$0.77	$0.77	-1,800,000	-1,700,000
2011-09-30	$1.53B	$672M	$857M	—	$559M	—	$261M	—	$236M	$82M	$154M	$0.71	$0.71	216,000,000	218,200,000
2011-06-30	$1.58B	$662M	$920M	—	$598M	—	$290M	—	$265M	$94M	$172M	$0.78	$0.77	221,900,000	224,400,000
2011-03-31	$1.33B	$547M	$784M	—	$547M	—	$202M	—	$178M	$64M	$114M	$0.51	$0.50	223,600,000	226,300,000
2010-12-31	$1.41B	$554M	$858M	—	$551M	—	$268M	—	$149M	$37M	$112M	$0.49	$0.49	-4,700,000	-4,700,000
2010-09-30	$1.46B	$600M	$857M	—	$564M	—	$260M	—	$231M	$87M	$144M	$0.61	$0.60	238,000,000	240,400,000
2010-06-30	$1.52B	$593M	$926M	—	$587M	—	$310M	—	$284M	$102M	$183M	$0.75	$0.74	244,500,000	246,700,000
2010-03-31	$1.25B	$496M	$752M	—	$531M	—	$187M	—	$157M	$68M	$89M	$0.35	$0.35	253,300,000	255,100,000
2009-12-31	$1.36B	$528M	$828M	—	$539M	—	$251M	—	$164M	$50M	$114M	$0.45	$0.44	0	200,000
2009-09-30	$1.43B	$579M	$855M	—	$547M	—	$272M	—	$242M	$92M	$151M	$0.59	$0.59	254,200,000	255,500,000
2009-03-31	$1.26B	$531M	$729M	—	$499M	—	$265M	—	$214M	$82M	$132M	$0.52	$0.52	254,200,000	254,300,000

Annual Income Statement

Date	Revenue	Cost of revenue	Gross profit	R&D expense	SG&A expense	Operating expenses	Operating income	Nonoperating income/expense	Pre-tax income	Income tax	Net income	Basic EPS	Diluted EPS	Basic shares	Diluted shares
2025-12-31	$16.6B	$7.6B	$9B	$70M	$5.35B	—	$3.58B	—	$2.69B	$608M	$2.08B	$1.53	$1.53	1,358,100,000	1,362,800,000
2024-12-31	$15.35B	$6.82B	$8.53B	$70M	$5.01B	—	$2.59B	—	$1.91B	$473M	$1.44B	$1.06	$1.05	1,362,200,000	1,368,300,000
2023-12-31	$14.81B	$6.73B	$8.08B	$66M	$4.91B	—	$3.19B	—	$2.76B	$576M	$2.18B	$1.56	$1.55	1,399,300,000	1,408,400,000
2022-12-31	$14.06B	$6.73B	$7.32B	$65M	$4.65B	—	$2.61B	—	$1.72B	$284M	$1.44B	$1.01	$1.01	1,416,800,000	1,428,500,000
2021-12-31	$12.68B	$5.71B	$6.98B	$66M	$4.15B	—	$2.89B	—	$2.8B	$653M	$2.15B	$1.52	$1.50	1,415,700,000	1,427,900,000
2020-12-31	$11.62B	$5.13B	$6.49B	$69M	$3.98B	—	$2.48B	—	$1.75B	$428M	$1.33B	$0.94	$0.93	1,407,200,000	1,422,100,000
2019-12-31	$11.12B	$4.78B	$6.34B	$81M	$3.96B	—	$2.38B	—	$1.69B	$440M	$1.25B	$0.89	$0.88	1,406,700,000	1,419,100,000
2018-12-31	$7.44B	$3.56B	$3.88B	$64M	$2.64B	—	$1.24B	—	$791M	$202M	$586M	$0.54	$0.53	1,086,300,000	1,097,600,000
2017-12-31	$6.69B	$2.7B	$4B	$20M	$2.56B	—	$1.39B	—	$1.17B	$95M	$1.08B	$5.91	$5.89	182,000,000	182,800,000
2017-09-30	$4.27B	$2.23B	$2.04B	$56M	$1.15B	—	$897M	—	$567M	$184M	$378M	$0.48	$0.47	790,500,000	790,500,000
2016-12-31	$6.44B	$2.58B	$3.86B	$20M	$2.33B	—	$1.43B	—	$1.28B	$434M	$847M	$4.57	$4.54	185,400,000	186,600,000
2015-12-31	$6.28B	$2.56B	$3.72B	$19M	$2.31B	—	$1.3B	—	$1.18B	$420M	$764M	$4.00	$3.97	190,900,000	192,400,000
2014-12-31	$6.12B	$2.49B	$3.63B	$18M	$2.33B	—	$1.18B	—	$1.07B	$371M	$703M	$3.59	$3.56	195,800,000	197,400,000
2013-12-31	$6B	$2.5B	$3.5B	$21M	$2.27B	—	$1.05B	—	$542M	-$81M	$624M	$3.08	$3.05	202,900,000	204,500,000
2012-12-31	$6B	$2.5B	$3.5B	$21M	$2.27B	—	$1.09B	—	$978M	$349M	$629M	$2.99	$2.96	210,600,000	212,300,000
2011-12-31	$5.9B	$2.49B	$3.42B	$15M	$2.26B	—	$1.02B	—	$925M	$320M	$606M	$2.77	$2.74	218,700,000	221,200,000
2010-12-31	$5.64B	$2.24B	$3.39B	$16M	$2.23B	—	$1.03B	—	$821M	$294M	$528M	$2.19	$2.17	240,400,000	242,600,000
2009-12-31	$5.53B	$2.23B	$3.3B	$15M	$2.14B	—	$1.09B	—	$868M	$315M	$555M	$2.18	$2.17	254,200,000	255,200,000
2008-12-31	$5.71B	$2.59B	$3.12B	$17M	$2.08B	—	-$168M	—	-$375M	-$61M	-$312M	-$1.23	-$1.23	254,000,000	254,000,000