PepsiCo reports Q2 2026 revenue up 6.4%, affirms full-year guidance

Filed July 9, 2026 · Period ending July 9, 2026 · ~1 min read

Key Changes

• high

  Q2 net revenue rose 6.4% to $24.2B on 2.4% organic growth, 2.2-pt FX benefit, and 1.8-pt net acquisition contribution; core EPS up 4% to $2.20 on productivity gains and pricing, partially offset by operating cost increases.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  North American convenient foods gained volume share through innovation and affordability but saw net revenue decline on lower effective pricing; beverages delivered strong growth from 2025 acquisitions and organic gains.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• medium

  International segments posted strong net revenue growth with organic volume gains in Asia Pacific Foods, International Beverages, Europe/Middle East/Africa, and sequential improvement in Latin America Foods.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →