Overview
PepsiCo Inc. is a global food and beverage company whose portfolio spans convenient foods and drinks, including Lay’s, Doritos, Cheetos, Quaker, Gatorade, Pepsi-Cola, Mountain Dew and SodaStream. Its stated mission is to “Create more smiles with every sip and every bite.” [1][2]
The company’s products are enjoyed more than one billion times daily in over 200 countries and territories. In fiscal 2025, PepsiCo reported net revenue of $93.925 billion and approximately 306,000 employees.[3][4][1] [4][1][3][2]
Products & services
PepsiCo’s convenient-food products include cereals, chips, dips, granola bars, oatmeal, pasta, rice, syrups and mixes. Its named North American brands include Cheetos, Doritos, Fritos, Lay’s, Pearl Milling Company, Quaker, Ruffles and Tostitos; Sabra offers refrigerated dips and spreads. Other regional food brands include Walkers, Sabritas, Gamesa, Emperador and Kurkure.[5][6][7][8]
Beverage products include Pepsi, Mountain Dew, Gatorade and Gatorade Zero, Propel, Aquafina, Bubly, Pepsi Zero Sugar, Mirinda, 7UP, Sting Energy and Lipton ready-to-drink tea. PepsiCo also produces beverage concentrates and fountain syrups, distributes certain partner and licensed drinks, and makes SodaStream sparkling-water makers and related products.[9][10]
Product-related capabilities include bottling and distribution, sales of finished goods, concentrates and fountain syrups, and distribution through direct-store-delivery, customer warehouses, distributors and e-commerce. Direct-store-delivery includes in-store merchandising; PepsiCo also provides chilled direct-store-delivery distribution for Tropicana Beverages Group brands to U.S. small-format and foodservice customers. The cited portfolio disclosures do not identify revenue shares for individual brands or products.[9][11][12][13] [5][6][7][8][9][10][11][12][13]
Geographic presence
In fiscal 2025, 44% of PepsiCo’s net revenue came from outside the United States. Mexico, Russia, Canada, China, the U.K., Brazil and South Africa together accounted for 25% of net revenue; the company does not separately state each country’s share.[14] PepsiCo’s 2025 segment revenues were $28.2 billion for PBNA, $27.5 billion for PFNA, $18.0 billion for EMEA, $10.5 billion for LatAm Foods, $5.0 billion for International Beverages Franchise and $4.6 billion for Asia Pacific Foods.[15] PepsiCo describes its products as enjoyed in more than 200 countries and territories.[16]
The company’s disclosed significant properties illustrate a geographically distributed footprint, including U.S. locations such as Plano, Cedar Rapids, Valhalla and Arlington, and facilities in Israel, the U.K., Russia, Mexico, Uruguay, Ireland and Singapore. Shared service centers listed include Mexico City and Hyderabad, India.[17] [14][15][15][15][15][15][15][15][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][17][16]
Business segments
PepsiCo’s FY2025 Form 10-K reports six business segments. Their focus areas are PepsiCo Foods North America (convenient foods in the U.S. and Canada); PepsiCo Beverages North America (beverages in the U.S. and Canada); International Beverages Franchise (international franchise beverage businesses and SodaStream); Europe, Middle East and Africa (food and beverage businesses, including company-owned bottlers); Latin America Foods (convenient foods in Latin America); and Asia Pacific Foods (convenient foods in Asia Pacific).[18][19][20][21][22][23][24][25][1]
Against FY2025 total net revenue of $93.925 billion, approximate segment contributions were: PepsiCo Foods North America, $27.528 billion (29.3%); PepsiCo Beverages North America, $28.197 billion (30.0%); International Beverages Franchise, $4.997 billion (5.3%); Europe, Middle East and Africa, $18.025 billion (19.2%); Latin America Foods, $10.549 billion (11.2%); and Asia Pacific Foods, $4.629 billion (4.9%). Percentages are calculated from reported segment revenue and may not sum to 100% due to rounding.[15]
The filing also presents supplemental beverage-versus-convenient-food revenue and country-level revenue breakdowns; these are additional product and geographic views, rather than the six reportable business segments.[26][27][14] [18][19][20][21][22][23][24][25][15][26][27][14][1]
Company history
Caleb Bradham created “Brad’s Drink” in 1893 and renamed it Pepsi-Cola in 1898. The Frito Company and H.W. Lay Company, whose snack businesses began in the 1930s, merged in 1961 to form Frito-Lay. In 1965, Pepsi-Cola and Frito-Lay merged to create PepsiCo.[28][29][2]
PepsiCo expanded beyond soft drinks and snacks through acquisitions including Tropicana in 1998 and Quaker Oats in 2001, bringing Gatorade into its portfolio. In 1997, it spun off its restaurant businesses, including Pizza Hut, Taco Bell and KFC. The company later acquired its two largest North American bottlers, completing the transactions in 2010, and completed its SodaStream acquisition in 2018. Indra Nooyi became CEO in 2006; Ramon Laguarta succeeded her in 2018 and became chairman in 2019. In 2025, PepsiCo completed acquisitions of Siete Foods and poppi.[30][31][32][33][34][35][36][37][38] [28][29][2][30][31][32][33][34][35][36][37][38]
Sources
- investor.pepsico.com[1]
- www.pepsico.com[2]
- www.pepsico.com[3]
- PEPSICO INC — Full financial report (2025 Y)
- contact.pepsico.com[16]
- www.pepsico.com[28]
- www.pepsico.com[29]
- www.pepsico.com[30]
- www.pepsico.com[31]
- www.pepsico.com[32]
- www.pepsico.com[33]
- www.pepsico.com[34]
- www.pepsico.com[35]
- www.pepsico.com[36]
- www.pepsico.com[37]
- www.pepsico.com[38]
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