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KDP

Keurig Dr Pepper Inc

Consumer Defensive · Beverages - Non-Alcoholic

30.30$ -2.2% vs. previous close Closing price · As of: Sep 30, 2026

Statements

Segments

US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Keurig Dr Pepper Inc (KDP). It shows which part of the business is growing — and which one is holding it back.

Revenue by business segment

Revenue by business segment — KDP
Segment Q1 2025 Q2 2025 Q1 2026 Q2 2026
U.S. Refreshment Beverages $2.32B 63.9% $2.66B 63.9% $2.60B 65.4% $2.93B 40.0%
JDE Peet's – $0 0.0% – $2.80B 38.3%
U.S. Coffee $877.0M 24.1% $948.0M 22.8% $857.0M 21.6% $918.0M 12.6%
KDP International – $555.0M 13.3% – $664.0M 9.1%
International $435.0M 12.0% – $520.0M 13.1% –

Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.

Operating income — KDP
Segment Q1 2025 Q2 2025 Q1 2026 Q2 2026
U.S. Refreshment Beverages $654.0M 28.2% $746.0M 28.0% – $857.0M 29.3%
JDE Peet's – $0 – -$62.0M -2.2%
U.S. Coffee $202.0M 23.0% $233.0M 24.6% – $149.0M 16.2%
KDP International – $143.0M 25.8% – $152.0M 22.9%
International $90.0M 20.7% – – –

Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.

Revenue by product line

Revenue by product line — KDP
Segment Q1 2025 Q2 2025 Q1 2026 Q2 2026
K-cup pods – $963.0M 23.1% – $3.52B 48.2%
LRB $2.55B 70.2% $2.98B 71.5% $2.87B 72.1% $3.36B 46.0%
Other $125.0M 3.4% $88.0M 2.1% $153.0M 3.8% $278.0M 3.8%
Appliances $124.0M 3.4% $134.0M 3.2% $116.0M 2.9% $148.0M 2.0%
K-cup pods $833.0M 22.9% – $840.0M 21.1% –

Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.

Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.

Data as of: September 30, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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