Keurig Dr Pepper Q2 sales up 75.6% to $7.3 billion; GAAP EPS falls 90% to $0.04
Keurig Dr Pepper reported second-quarter 2026 net sales of $7.3 billion, up 75.6% from a year earlier, largely due to the JDE Peet's acquisition, which closed April 1. GAAP diluted EPS fell to $0.04 from $0.40, driven by acquisition and integration-related costs, while adjusted diluted EPS rose 16.3% to $0.57 and the company reaffirmed its full-year 2026 guidance.
Key points
- Q2 net sales $7.31 billion, up 75.6% reported; legacy KDP net sales up 7.3%
- GAAP net income attributable to common shareholders $60 million, or $0.04 per diluted share, versus $547 million, or $0.40, a year earlier
- Adjusted diluted EPS $0.57, up 16.3%; 2026 net sales guidance of $25.9-$26.4 billion reaffirmed
- Company continues to target a pro-forma management leverage ratio of about 4.1x at year-end 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.