Keurig Dr Pepper (KDP) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased compared to the same quarter last year but decreased from the immediately preceding quarter. The sequential decline follows a period of growth in prior quarters.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased compared to the same quarter last year but decreased from the immediately preceding quarter. The sequential decline follows a period of growth in prior quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.6B
Revenue reported for this quarter.
Quarter-over-quarter
-10.7%
Change from the immediately preceding quarter.
Year-over-year
+4.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $3.9B | +3.5% |
| Sep 30, 2024 | $3.9B | +2.3% |
| Dec 31, 2024 | $4.1B | +5.2% |
| Mar 31, 2025 | $3.6B | +4.8% |
Revenue performance
The company reported higher revenue year over year, reflecting continued demand. However, the sequential decline indicates a softening compared to the prior quarter's performance.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell, reversing the upward trend seen in earlier periods. Versus the same quarter a year ago, revenue was higher, demonstrating year-on-year growth.
What to watch
Monitor whether the sequential decline is a temporary pause or the start of a longer-term trend, given the prior pattern of quarterly growth.