PepsiCo (PEP) Revenue — Quarter Ended Sep 9, 2023
Revenue for the quarter rose compared with the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Sep 9, 2023 · FY2023 Q3
Revenue for the quarter rose compared with the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$23.5B
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
+6.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$85.6B
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 |
|---|---|---|
| Sep 3, 2022 | $22B | +8.8% |
| Mar 25, 2023 | $17.8B | +10.2% |
| Jun 17, 2023 | $22.3B | +10.4% |
| Sep 9, 2023 | $23.5B | +6.7% |
Revenue performance
The reported revenue increased on both a sequential and year-over-year basis.
Quarterly comparison
The year-over-year increase was larger than the sequential increase.
What to watch
The sequential revenue growth rate should be monitored in subsequent quarters.