PEP · Full Picture

PEPSICO INC — the full picture

Earnings window · 2026-07-09 to 2026-11-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Revenue Performance and Mix · Revenue growth & mixPriority 91
    +2.5% revenue; 4 sources (news, press_release, sec_filing, transcript); 5 forward row(s); structured_verified
    Net income attributable to PepsiCo for the 12 weeks ended June 13, 2026 was $2,981 and for the 12 weeks ended June 14, 2025 was $1,263.
  2. Capital Return Program · Buybacks & dividendsPriority 87
    -9.8% cash; 3 sources (news, press_release, sec_filing); 5 forward row(s); quote_verified
    On February 3, 2026, PepsiCo announced a 4% increase in its annualized dividend to $5.92 per share from $5.69 per share, effective with the dividend paid in June 2026.
  3. Operating Margin Drivers · UnclassifiedPriority 86
    -49.7% operating_income (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Consolidated operating profit for the 12 weeks ended June 13, 2026 was $4,023 and for the 12 weeks ended June 14, 2025 was $1,789.
  4. Guidance / Outlook · Guidance & outlookPriority 84
    +8.3% revenue; 3 sources (news, press_release, transcript); 12 forward row(s); quote_verified
    PepsiCo expects approximately 3% organic revenue growth and roughly 6% net revenue growth for fiscal 2026.
  5. 2019 Productivity Plan / Restructuring · Restructuring & impairmentPriority 77
    -21.6% operating_income; 6 forward row(s); structured_verified
    PepsiCo expects to incur pre-tax charges of approximately $6.15 billion for the expanded 2019 Productivity Plan, including cash expenditures of approximately $5.1 billion.
  6. Geographic Market Commentary · Geographic mixPriority 68
    3 sources (news, press_release, sec_filing); 1 forward row(s); quote_verified
    PepsiCo's overseas operations are expected to generate over $40 billion in revenue this year.
  7. Product Launch and Transition · Products & launchesPriority 67
    3 sources (news, press_release, transcript); 4 forward row(s); quote_verified
    PepsiCo has expanded its Good Warrior brand into the protein bar market with new bars that offer 15 grams of protein, are a good source of fiber, and come in three flavors.
  8. OECD Global Minimum Tax · UnclassifiedPriority 65
    +4.2% revenue; 2 sources (press_release, sec_filing); 1 forward row(s); quote_verified
    In 2026 widespread implementation of the OECD model rules for a global minimum tax rate of 15% came into effect in various countries in which we do business, including European Union member states, resulting in an increase in our income tax provision.
  9. Acquisitions / Divestitures (PBNA & Poppi) · M&A and divestituresPriority 64
    -1.4% cash; 3 sources (news, sec_filing, transcript); 3 forward row(s); quote_verified
    PepsiCo reduced its estimated Poppi earnout by 90% to $12 million from $278 million.
  10. Operating Cash Flow Trends · Cash flow generationPriority 63
    +4.6% cash (realized); 2 sources (press_release, sec_filing); 1 forward row(s); structured_verified
    For the 36 weeks ended September 5, 2026, PepsiCo provided $8.0 billion of net cash from operating activities, compared with $5.5 billion in the prior-year period.
  11. Liquidity and Debt Position · Liquidity & cash positionPriority 57
    +4.3% assets (realized); 3 sources (news, press_release, sec_filing); 2 forward row(s); quote_verified
    PEPSICO INC has $42B net debt and a free-cash-flow multiple of 25–26x.
  12. Financing Activities and Debt Movements · Debt, leverage & refinancingPriority 54
    -2.5% liability (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Proceeds from issuances of long-term debt for the 24 weeks ended June 13, 2026 were $2,974 million.

Threads by pillar

Revenue & Demand Priority 96 · 9 threads

Costs & Margins Priority 90 · 10 threads

Capital & Balance Sheet Priority 95 · 6 threads

Strategy & Portfolio Priority 74 · 11 threads

Legal, Regulatory & Policy Priority 52 · 4 threads

Guidance & Outlook Priority 84 · 1 thread

Macro & Market Conditions Priority 70 · 7 threads

Management & Governance Priority 37 · 2 threads

Unclassified Priority 98 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
operating_income-21.6%+21.6%-65.4%
cash-20.1%+20.1%+1.4%
revenue+16.9%+16.9%+21.3%
assets+0.8%+0.8%+4.3%
liability-0.1%+0.2%-2.9%
margin——+15.3%
net_income——+18.2%