PepsiCo Q2 net revenue rises 6.4% to $24.2 billion; affirms 2026 guidance
PepsiCo reported second-quarter 2026 results for the 12 weeks ended June 13, 2026, with net revenue of $24.2 billion, up 6.4% from a year earlier, and GAAP EPS of $2.18 versus $0.92. The company affirmed its fiscal 2026 guidance, including organic revenue growth of 2% to 4% and core constant currency EPS growth of 4% to 6%. The prior-year quarter included impairment charges on the Rockstar and Be & Cheery brands, which largely explain the large GAAP EPS increase.
Key points
- Net revenue of $24.2 billion, up 6.4%; organic revenue up 2.4%
- GAAP EPS of $2.18 versus $0.92; core EPS of $2.20, up 4%
- Core constant currency EPS up 1% in the quarter
- Fiscal 2026 guidance affirmed: total cash returns to shareholders of about $8.9 billion, including $7.9 billion in dividends and $1.0 billion in share repurchases
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing 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 July 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.