Keurig Dr Pepper Inc.

For the period ended Sep 30, 2026. Filed Nov 9, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 9, 2026

KDP$37.59+1.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets

(in millions, except share and per share data)	September 30, 2026	December 31, 2025
Assets
Current assets:
Cash and cash equivalents	$1,290	$1,026
Restricted cash and restricted cash equivalents	16	18
Trade accounts receivable, net	2,523	1,671
Inventories	3,767	1,733
Prepaid expenses and other current assets	2,018	818
Total current assets	9,614	5,266
Property, plant, and equipment, net	6,094	3,230
Equity method investments	1,358	1,660
Goodwill	29,780	20,247
Intangible assets, net	37,888	23,725
Deferred tax assets	214	36
Other non-current assets	1,924	1,295
Total assets	$86,872	$55,459
Liabilities, convertible preferred stock, and equity
Current liabilities:
Accounts payable	$6,223	$2,996
Accrued expenses	2,636	1,379
Structured payables	982	25
Short-term borrowings and current portion of long-term obligations	7,270	3,105
Other current liabilities	1,440	785
Total current liabilities	18,551	8,290
Long-term obligations	21,595	13,036
Deferred tax liabilities	8,798	5,526
Other non-current liabilities	3,879	3,091
Total liabilities	52,823	29,943
Convertible preferred stock, $0.01 par value, 4,500,000 shares authorized, 4,500,000 and 0 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively. Liquidation preference of $4,500 million as of September 30, 2026	4,418	—
Stockholders' equity:
Preferred stock, $0.01 par value, 10,500,000 shares authorized, no shares issued as of September 30, 2026 and December 31, 2025	—	—
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 1,360,940,119 and 1,358,663,795 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively	14	14
Additional paid-in capital	19,839	19,778
Retained earnings	5,842	5,622
Accumulated other comprehensive (loss) income	(269)	102
Total stockholders' equity	25,426	25,516
Non-controlling interests	4,205	—
Total equity	29,631	25,516
Total liabilities, convertible preferred stock, and equity	$86,872	$55,459

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.