Business
PepsiCo (PEP) Q4 2025 earnings
Packages of Pepsi are displayed on a store shelf on Oct. 9, 2025 in San Anselmo, California.
Justin Sullivan | Getty Images
PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by improving organic sales across its business.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: $2.26 adjusted vs. $2.24 expected
- Revenue: $29.34 billion vs. $28.97 billion expected
Pepsi reported fourth-quarter net income attributable to the company of $2.54 billion, or $1.85 per share, up from $1.52 billion, or $1.11 per share, a year earlier.
Excluding restructuring and impairment charges and other items, the company earned $2.26 per share.
Net sales rose 5.6% to $29.34 billion. Organic revenue, which strips out foreign currency, acquisitions and divestitures, increased 2.1% in the quarter.
Pepsi also reiterated the outlook for 2026 that the company provided in December.