PepsiCo (PEP) Revenue — Quarter Ended Jun 15, 2024
Revenue for the quarter rose compared to the preceding quarter and also increased relative to the same period one year earlier. The sequential growth was notably stronger than the year-over-year increase.
Key takeaway
Quarter ended Jun 15, 2024 · FY2024 Q2
Revenue for the quarter rose compared to the preceding quarter and also increased relative to the same period one year earlier. The sequential growth was notably stronger than the year-over-year increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.5B
Revenue reported for this quarter.
Quarter-over-quarter
+23.3%
Change from the immediately preceding quarter.
Year-over-year
+0.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$86.5B
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 17, 2023 | $22.3B | +10.4% |
| Sep 9, 2023 | $23.5B | +6.7% |
| Mar 23, 2024 | $18.3B | +2.3% |
| Jun 15, 2024 | $22.5B | +0.8% |
Revenue performance
Revenue increased from the prior quarter and from the same quarter a year ago, with the sequential change showing a larger magnitude.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose sharply. Compared to the same quarter one year earlier, revenue posted a modest gain.
What to watch
The filing includes adjustments for items such as restructuring and product recall that affect reported comparability.