PepsiCo (PEP) revenue breakdown
By segment, PepsiCo Beverages North America is the largest at 30% of fiscal 2025 revenue; Europe, Middle East & Africa (Segment) grew fastest, 5% a year over 2 years.
By region, UNITED STATES is the largest at 56% of fiscal 2025 revenue; MEXICO grew fastest, 8% a year over 9 years.
Revenue by segment
Fiscal years, as PepsiCo reports them in its 10-K filings; fiscal 2025 total $93.9B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PepsiCo Beverages North America | $21.3B | $20.9B | $21.1B | $21.7B | $22.6B | $25.3B | $26.2B | $27.6B | $27.8B | $28.2B | 30% |
| PepsiCo Foods North America | — | — | — | — | — | — | — | $28.0B | $27.4B | $27.5B | 29% |
| Europe, Middle East & Africa (Segment) | — | — | — | — | — | — | — | $16.2B | $16.7B | $18.0B | 19% |
| Latin America Foods (Segment) | $6.8B | $7.2B | $7.4B | $7.6B | $6.9B | $8.1B | $9.8B | $10.6B | $10.6B | $10.5B | 11% |
| International Beverage Franchise | — | — | — | — | — | — | — | $4.6B | $4.9B | $5.0B | 5% |
| Asia Pacific Foods (Segment) | — | — | — | — | — | — | — | $4.5B | $4.5B | $4.6B | 5% |
| Frito Lay North America | $15.5B | $15.8B | $16.3B | $17.1B | $18.2B | $19.6B | $23.3B | — | — | — | — |
| Europe | $10.2B | $10.5B | $11.0B | $11.7B | $11.9B | $13.0B | $12.7B | — | — | — | — |
| Africa, Middle East and South Asia | — | $3.7B | $3.7B | $3.7B | $4.6B | $6.1B | $6.4B | — | — | — | — |
| Asia, Middle East and North Africa | $6.3B | — | — | — | — | — | — | — | — | — | — |
| Asia Pacific, Australia and New Zealand, and China Region | — | $2.9B | $2.8B | $2.9B | $3.4B | $4.6B | $4.8B | — | — | — | — |
| Quaker Foods North America | $2.6B | $2.5B | $2.5B | $2.5B | $2.7B | $2.8B | $3.2B | — | — | — | — |
Revenue by region
Fiscal years, as PepsiCo reports them in its 10-K filings; fiscal 2025 total $93.9B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $36.7B | $36.5B | $37.1B | $38.6B | $40.8B | $44.5B | $49.4B | $52.2B | $51.7B | $52.2B | 56% |
| All Other Countries | $14.3B | $13.4B | $14.4B | $14.8B | $14.8B | $15.5B | $15.8B | $16.9B | $17.0B | $17.9B | 19% |
| MEXICO | $3.4B | $3.6B | $3.9B | $4.2B | $3.9B | $4.6B | $5.5B | $7.0B | $7.1B | $6.9B | 7% |
| RUSSIAN FEDERATION | $2.6B | $3.2B | $3.2B | $3.3B | $3.0B | $3.4B | $4.1B | $3.6B | $3.9B | $4.8B | 5% |
| CANADA | $2.7B | $2.7B | $2.7B | $2.8B | $3.0B | $3.4B | $3.5B | $3.7B | $3.8B | $3.7B | 4% |
| CHINA | — | $963M | $1.2B | $1.3B | $1.7B | $2.7B | $2.8B | $2.7B | $2.7B | $2.6B | 3% |
| UNITED KINGDOM | $1.7B | $1.6B | $1.7B | $1.7B | $1.9B | $2.1B | $1.8B | $1.9B | $2.1B | $2.1B | 2% |
| BRAZIL | — | — | — | — | — | $1.3B | $1.6B | $1.8B | $1.8B | $1.8B | 2% |
| SOUTH AFRICA | — | — | $432M | $405M | $1.3B | $2.0B | $1.8B | $1.7B | $1.9B | $1.8B | 2% |
| BRAZIL | $1.3B | $1.4B | — | — | — | — | — | — | — | — | — |
Questions
Where does PepsiCo make its money?
In fiscal 2025, by segment: PepsiCo Beverages North America $28.2B, PepsiCo Foods North America $27.5B, Europe, Middle East & Africa (Segment) $18.0B, Latin America Foods (Segment) $10.5B, International Beverage Franchise $5.0B.
From PepsiCo's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.