Illuminated logo for Pepsi on a soda fountain in Walnut Creek, California, March 4, 2026.
Smith Collection | Gado | Archive Photos | Getty Images
PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its struggling North American food business reported a return to volume growth.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: $1.61 adjusted vs. $1.55 expected
- Revenue: $19.44 billion vs. $18.94 billion expected
Pepsi reported first-quarter net income attributable to the company of $2.32 billion, or $1.70 per share, up from $1.83 billion, or $1.33 per share, a year earlier.
Excluding items, the company earned $1.61 per share.
Net sales rose 8.5% to $19.44 billion.
