KDP · 8-K · 20260806PR000048
Net Income and Profitability
Keurig Dr Pepper Inc. · 2026-08-06 · Importance 64 · Surprise 56 · No source text
Pro forma net income totaled $1.726 billion for the last twelve months ended June 30, 2026. Pro forma net income was $882 million in the third quarter of 2025, $355 million in the fourth quarter of 2025, $279 million in the first quarter of 2026, and $210 million in the second quarter of 2026. Pro forma adjusted EBITDA was $6.611 billion for the trailing twelve months, compared with $4.859 billion of pro forma EBITDA. The largest EBITDA adjustments were $789 million of JDE Peet’s acquisition and spin costs, $314 million of inventory step-up, and $220 million from the change in GHOST’s mandatory redemption liability.
Key facts
- Q2 Adjusted net income attributable to common shareholders: $783 million, increased 15.2% source
- Q2 GAAP diluted EPS change vs prior year: (90.0)% source
- Q2 GAAP net income attributable to common shareholders: $60 million, decreased 89.0% year-over-year source
- Third Quarter of 2025 Pro forma net income: $882 source
- Pro forma net income for the last twelve months ended June 30, 2026: $1,726 source
- Q2 Adjusted diluted EPS change vs prior year: 16.3% source
- Fourth Quarter of 2025 Pro forma net income: $355 source
- First Quarter of 2026 Pro forma net income: $279 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -6.6% | Q2 GAAP net income attributable to common shareholders: $60 million, decreased 89.0% year-over-year |
| net_income | positive | realized | +1.4% | Q2 Adjusted net income attributable to common shareholders: $783 million, increased 15.2% |
| net_income | negative | realized | — | Q2 GAAP diluted EPS change vs prior year: (90.0)% |