PepsiCo, Inc. (PEP) Revenue by Segment

PepsiCo revenue by segment at a glance

In Q3 fiscal 2026 (the quarter ended September 5, 2026), PepsiCo's largest business segment was PepsiCo Beverages North America, with $7.71 billion or 30% of revenue, up 5.2% from a year earlier. Next: PepsiCo Foods North America (26%), Europe, Middle East & Africa (Segment) (21%) and Latin America Foods (Segment) (12%).

The fastest-growing business segment from a year earlier was Latin America Foods (Segment) (+13.7%).

From company filings, in USD; latest quarter ended September 5, 2026; quarterly data from Q3 fiscal 2017.

PepsiCo, Inc.

PEPEssential Consumer Products

United States

Essential Consumer Products

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

PepsiCo Beverages North AmericaFrito Lay North AmericaPepsiCo Foods North AmericaEurope, Middle East & Africa (Segment)Europe (Segment)Latin America (Segment)Latin America Foods (Segment)Total DivisionOther

Q3 FY26 breakdown

Fiscal quarter ended Sep 5, 2026

Item	Revenue	Share	vs year before
PepsiCo Beverages North America	USD 7.71B	30.5%	+5.2%
PepsiCo Foods North America	USD 6.50B	25.7%	-0.3%
Europe, Middle East & Africa (Segment)	USD 5.41B	21.4%	+7.8%
Latin America Foods (Segment)	USD 3.02B	12.0%	+13.7%
International Beverage Franchise	USD 1.40B	5.5%	+8.5%
Asia Pacific Foods (Segment)	USD 1.23B	4.9%	+10.2%

Sum of items USD 25.27B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
PepsiCo Beverages North America	7.7B	7.2B	6.4B	8.2B	7.3B	6.8B	5.9B	7.9B	7.2B	–	5.9B	–	7.2B	6.8B	5.8B	8.1B	6.6B	6.1B	5.4B	7.6B	6.4B	6.2B	5.1B	6.8B	6.0B	5.0B	4.8B	–	5.6B	5.3B	4.5B	–	5.5B	5.2B	4.4B	–	–
Frito Lay North America	–	–	–	–	–	–	–	–	5.9B	5.9B	5.7B	–	6.0B	5.9B	5.6B	7.7B	5.6B	5.2B	4.8B	6.2B	4.7B	4.6B	4.2B	5.4B	4.4B	4.3B	4.1B	–	4.1B	4.0B	3.8B	5.0B	3.9B	3.8B	–	–	–
PepsiCo Foods North America	6.5B	6.4B	6.3B	8.3B	6.5B	6.5B	6.2B	8.2B	–	6.4B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Europe, Middle East & Africa (Segment)	5.4B	5.0B	2.8B	6.1B	5.0B	4.5B	2.4B	5.4B	4.6B	4.2B	2.4B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Europe (Segment)	–	–	–	–	–	–	–	–	–	–	–	–	3.7B	3.4B	1.9B	4.3B	3.6B	3.0B	1.8B	4.3B	3.6B	3.3B	1.8B	4.0B	3.3B	2.7B	1.8B	–	–	–	–	–	–	–	–	–	–
Latin America (Segment)	–	–	–	–	–	–	–	–	–	–	–	–	3.1B	2.9B	1.8B	3.4B	2.5B	2.4B	1.5B	2.8B	2.1B	2.0B	1.2B	2.4B	1.7B	1.6B	1.3B	–	1.9B	1.9B	1.2B	2.4B	1.9B	1.8B	–	–	–
Latin America Foods (Segment)	3.0B	2.9B	1.9B	3.7B	2.7B	2.5B	1.7B	3.3B	2.6B	2.7B	1.9B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Division	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.6B	–	16.2B
Africa, Middle East and South Asia	–	–	–	–	–	–	–	–	–	1.6B	1.0B	–	1.6B	1.6B	1.0B	2.0B	1.7B	1.7B	1.0B	1.9B	1.7B	1.6B	883.0M	1.7B	1.3B	983.0M	631.0M	–	957.0M	997.0M	579.0M	–	–	–	–	–	–
Asia Pacific, Australia and New Zealand, and China Region	–	–	–	–	–	–	–	–	–	1.1B	–	–	1.2B	1.1B	1.0B	1.5B	1.2B	1.1B	1.0B	1.5B	1.1B	1.1B	944.0M	1.2B	897.0M	763.0M	555.0M	–	781.0M	694.0M	525.0M	–	–	–	–	–	–
Europe	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.2B	3.0B	1.6B	3.6B	3.2B	3.1B	–	–	–
Quaker Foods North America	–	–	–	–	–	–	–	–	648.0M	561.0M	593.0M	–	747.0M	684.0M	777.0M	1.1B	713.0M	675.0M	713.0M	912.0M	618.0M	575.0M	646.0M	836.0M	608.0M	664.0M	634.0M	–	576.0M	540.0M	594.0M	770.0M	567.0M	527.0M	–	–	–
International Beverage Franchise	1.4B	1.5B	824.0M	1.6B	1.3B	1.4B	759.0M	1.5B	1.3B	–	739.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asia Pacific Foods (Segment)	1.2B	1.1B	1.1B	1.5B	1.1B	1.0B	1.0B	1.4B	1.1B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asia, Middle East and North Africa	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.7B	1.5B	1.6B	–	–	–

PepsiCo revenue by business segment, last 4 quarters

Business segment	Q3 FY26	Q2 FY26	Q1 FY26	Q3 FY25	Share
PepsiCo Beverages North America	$7.7B	$7.2B	$6.4B	$7.3B	30%
PepsiCo Foods North America	$6.5B	$6.4B	$6.3B	$6.5B	26%
Europe, Middle East & Africa (Segment)	$5.4B	$5.0B	$2.8B	$5.0B	21%
Latin America Foods (Segment)	$3.0B	$2.9B	$1.9B	$2.7B	12%
International Beverage Franchise	$1.4B	$1.5B	$824.0M	$1.3B	6%
Asia Pacific Foods (Segment)	$1.2B	$1.1B	$1.1B	$1.1B	5%

In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.

Questions and answers

What are PepsiCo's business segments?

PepsiCo Beverages North America, PepsiCo Foods North America, Europe, Middle East & Africa (Segment), Latin America Foods (Segment), International Beverage Franchise and Asia Pacific Foods (Segment) (as reported for Q3 fiscal 2026).

Which business segment makes the most money for PepsiCo?

PepsiCo Beverages North America: $7.71 billion, or 30% of revenue, in Q3 fiscal 2026.

MorePepsiCo stock overview PepsiCo financials PepsiCo executive team PepsiCo shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.