Keurig Dr Pepper (KDP) revenue breakdown

Consumer Defensive · Beverages - Non-Alcoholic · Market cap $42.5B

By segment, U.S. Refreshment Beverages is the largest at 63% of fiscal 2025 revenue; International grew fastest, 10% a year over 4 years.

By product, LRB is the largest at 70% of fiscal 2025 revenue, growing 10% a year over 4 years.

Revenue by segment

Fiscal years, as Keurig Dr Pepper reports them in its 10-K filings; fiscal 2025 total $16.6B.

Segments20182019202020212022202320242025Share
U.S. Refreshment Beverages———$7.1B$8.1B$8.8B$9.3B$10.4B 63%
U.S. Coffee$4.1B$4.2B$4.4B$4.1B$4.3B$4.1B$4.0B$4.0B 24%
International———$1.5B$1.7B$1.9B$2.1B$2.2B 13%
Packaged Beverages$2.4B$4.9B$5.4B————— —
Beverage Concentrates$669M$1.4B$1.3B————— —
Latin America Beverages$244M$528M$497M————— —

Revenue by product

Fiscal years, as Keurig Dr Pepper reports them in its 10-K filings; fiscal 2025 total $16.6B.

Products201720182019202020212022202320242025Share
LRB————$7.8B$8.9B$9.9B$10.6B$11.6B 70%
Pods$3.4B$3.2B$3.3B$3.4B$3.5B$3.8B$3.7B$3.6B$3.8B 23%
Appliances$646M$643M$723M$850M$907M$923M$799M$772M$646M 4%
Other$208M$408M$644M$623M$400M$424M$426M$399M$578M 3%
CSD—$1.9B$4.0B$4.2B————— —
NCB—$1.2B$2.5B$2.6B————— —

Revenue by region

Fiscal years, as Keurig Dr Pepper reports them in its 10-K filings; fiscal 2025 total $16.6B.

Regions201720182019202020212022202320242025Share
U.S.$3.8B$6.6B$9.8B$10.3B$11.3B$12.5B$13.0B$13.4B$14.5B 87%
Foreign$467M$834M$1.3B$1.3B$1.4B$1.6B$1.9B$2.0B$2.1B 13%
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Questions

Where does Keurig Dr Pepper make its money?

In fiscal 2025, by segment: U.S. Refreshment Beverages $10.4B, U.S. Coffee $4.0B, International $2.2B.

From Keurig Dr Pepper's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.