KDP · 10-Q · 2026Q3 · Full report
Interest Expense Increase
Keurig Dr Pepper Inc. · 2026-11-09 · Importance 75 · Surprise 64 · No source text
Net interest expense increased 111.4% to $1,091 million in the first nine months of 2026, driven by higher debt and financing costs, including debt acquired with JDE Peet’s, and unfavorable mark-to-market activity. In the third quarter, interest expense rose 152.1% to $474 million from $188 million. The quarter’s increase reflected acquired and other increased debt and financing costs, as well as unfavorable unrealized mark-to-market activity.
Key facts
- Keurig Dr Pepper's net interest expense increased 111.4% to $1,091 million in the first nine months of 2026, driven by increased debt and financing costs, including JDE Peet's debt (83 percentage points), and unfavorable unrealized mark-to-market activity (27 percentage points). source
- Keurig Dr Pepper's net interest expense increased 152.1% to $474 million in the third quarter of 2026 from $188 million in the third quarter of 2025, driven by increased debt and higher financing costs, including acquired JDE Peet's debt (91 percentage points), and unfavorable unrealized mark-to-market activity (63 percentage points). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -7.8% | Keurig Dr Pepper's net interest expense increased 111.4% to $1,091 million in the first nine months of 2026, driven by increased debt and… |
| net_income | negative | realized | -3.9% | Keurig Dr Pepper's net interest expense increased 152.1% to $474 million in the third quarter of 2026 from $188 million in the third… |