PepsiCo (PEP) 10-K Summary — Year Ended Dec 30, 2023
PepsiCo filed its annual report for the most recent fiscal year. The filing describes the company's business, risk factors, and financial condition.
Key takeaway
Year ended Dec 30, 2023 · FY2025 10-K
PepsiCo filed its annual report for the most recent fiscal year. The filing describes the company's business, risk factors, and financial condition.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$91.5B
Revenue reported for the fiscal year.
Operating income
$12B
Income from operations reported for the year.
Net income
$9.1B
Net income reported for the year.
Operating cash flow
$13.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 25, 2021 | $79.5B | n/a |
| Dec 31, 2022 | $86.4B | +8.7% |
| Dec 30, 2023 | $91.5B | +5.9% |
Business overview
PepsiCo operates as a global food and beverage company. Its business overview section outlines the company's product categories and market presence. The filing also discusses cybersecurity and unresolved staff comments as part of its business context.
Financial performance
Revenue increased compared to the prior year, while operating income and net income were reported at specific levels. Operating cash flow was also disclosed in the filing.
Material risks
The risk factors section identifies potential challenges that could affect the company's operations. These include unresolved staff comments and cybersecurity matters. The filing does not provide further detail on specific risk events.
Liquidity and capital
The liquidity and capital resources discussion is referenced in the management discussion and analysis section. No specific capital allocation themes are elaborated beyond that reference.
What to watch
Readers should monitor any updates on unresolved staff comments in the next filing.