Keurig Dr Pepper Inc.
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 24, 2026
KDP$37.59+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions, except per share data) | 2025 | 2024 | 2023 |
| Net sales | $16,603 | $15,351 | $14,814 |
| Cost of sales | 7,604 | 6,822 | 6,734 |
| Gross profit | 8,999 | 8,529 | 8,080 |
| Selling, general, and administrative expenses | 5,351 | 5,013 | 4,912 |
| Impairment of goodwill | — | 306 | — |
| Impairment of intangible assets | 78 | 412 | 2 |
| Other operating (income) expense, net | (5) | 207 | (26) |
| Income from operations | 3,575 | 2,591 | 3,192 |
| Interest expense, net | 754 | 735 | 496 |
| Other expense (income), net | 134 | (58) | (61) |
| Income before provision for income taxes | 2,687 | 1,914 | 2,757 |
| Provision for income taxes | 608 | 473 | 576 |
| Net income | $2,079 | $1,441 | $2,181 |
| Earnings per common share: | |||
| Basic | $1.53 | $1.06 | $1.56 |
| Diluted | 1.53 | 1.05 | 1.55 |
| Weighted average common shares outstanding: | |||
| Basic | 1,358.1 | 1,362.2 | 1,399.3 |
| Diluted | 1,362.8 | 1,368.3 | 1,408.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.