Keurig Dr Pepper (KDP) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Keurig Dr Pepper closed out fiscal 2025 on a strong note, delivering a fourth-quarter earnings beat across both the top and bottom lines as robust pricing power and acquisition-driven volume gains lifted results well above Wall Street expectations. A… Read more Keurig Dr Pepper closed out fiscal 2025 on a strong note, delivering a fourth-quarter earnings beat across both the top and bottom lines as robust pricing power and acquisition-driven volume gains lifted results well above Wall Street expectations. Adjusted diluted EPS came in at $0.60, ahead of the $0.59 consensus estimate by 1.92%, while net sales of $4.50 billion exceeded forecasts by 4.41% and grew 10.5% year-over-year. The single biggest driver was the U.S. Refreshment Beverages segment, which posted 11.5% net sales growth to $2.72 billion and captured market share in carbonated soft drinks, energy, and sports hydration, with the GHOST acquisition contributing 3.6 percentage points to volume and mix growth across the portfolio. GAAP net income swung to $353 million, compared to a loss of $144 million a year ago when outsized impairment charges weighed on results. Looking ahead, the company issued 2026 guidance targeting net sales of $25.90 billion to $26.40 billion, reflecting the pending JDE Peet's acquisition, with analysts maintaining a broadly constructive outlook on the stock despite recent share price underperformance.