Keurig Dr Pepper Inc
keurigdrpepper.comWhat Do They Do?
Sells branded beverages and single-serve coffee products to retailers, bottlers, distributors and food-service businesses. Also sells coffee products directly to consumers and through retail partners.
10-K for FY2025, filed Feb 24, 2026Our U.S. Refreshment Beverages segment is a brand owner, manufacturer, and distributor of LRBs in the U.S. In this segment, we manufacture…View ↗
We manufacture beverage concentrates and syrups, which we then sell throughout the U.S. to third-party bottlers or use them in our own…View ↗
We manufacture and distribute finished beverages of our own beverage brands. Additionally, in order to maximize the size and scale of our…View ↗
Our U.S. Coffee segment is primarily a brand owner, manufacturer, and distributor of innovative single serve brewers, specialty coffee…View ↗
We manufacture and sell 100% of the K-Cup pods of our owned and licensed brands, including Green Mountain Coffee Roasters, McCafé, and The…View ↗
We have robust e-commerce platforms at www.keurig.com and www.keurig.ca where end-use consumers can purchase brewers, accessories, K-Cup…View ↗
How Do They Make Money?
Retailers, bottlers, distributors, partners and consumers buy branded drinks, coffee pods and brewers; sales count when products are delivered.
10-K for FY2025, filed Feb 24, 2026We recognize revenue when performance obligations under the terms of a contract with the customer are satisfied. Branded product sales…View ↗
Our U.S. Refreshment Beverages segment is a brand owner, manufacturer, and distributor of LRBs in the U.S. In this segment, we manufacture…View ↗
We manufacture and sell 100% of the K-Cup pods of our owned and licensed brands, including Green Mountain Coffee Roasters, McCafé, and The…View ↗
Retailers include supermarkets, hypermarkets, mass merchandisers, club stores, e-commerce retailers, office superstores, vending machines…View ↗
We have robust e-commerce platforms at www.keurig.com and www.keurig.ca where end-use consumers can purchase brewers, accessories, K-Cup…View ↗
-
10-K for FY2025, filed Feb 24, 2026
FY2025 revenue by product or service ↗
$16.6B
-
10-K for FY2025, filed Feb 24, 2026
$16.6B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
LRB
Sold outright
10-K for FY2025, filed Feb 24, 2026 |
70%
FY2022: 64%
|
LRB, FY2025
$11.6B Sources
|
Sold outright |
|
Pods
Sold outright
10-K for FY2025, filed Feb 24, 2026 |
23%
FY2022: 27%
|
Pods, FY2025
$3.8B Sources
|
Sold outright |
|
Appliances
Sold outright
|
3.9%
FY2022: 6.6%
|
Appliances, FY2025
$646M Sources
|
Sold outright |
|
Other
Sold outright
|
3.5%
FY2022: 3.0%
|
Other, FY2025
$578M Sources
|
Sold outright |
Who Are Their Customers?
Retailers buy finished beverages, pods and brewers directly; bottlers and distributors buy syrups. Coffee partners typically sell pods through retailers; offices and hotels buy through away-from-home distributors, and consumers can buy coffee products directly online.
10-K for FY2025, filed Feb 24, 2026Retailers include supermarkets, hypermarkets, mass merchandisers, club stores, e-commerce retailers, office superstores, vending machines…View ↗
In the U.S. and Canada, we generally grant manufacturing and distribution licenses for our CSDs to bottlers for specific geographic areas…View ↗
We have differentiated ourselves and the Keurig brand through our ability to create and sustain partnerships with other leading coffee…View ↗
We distribute brewers, accessories, and K-Cup pods (owned, licensed, and partner brands) to away from home channel participants, which…View ↗
We have robust e-commerce platforms at www.keurig.com and www.keurig.ca where end-use consumers can purchase brewers, accessories, K-Cup…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 13 cents of every revenue dollar as net income in FY2025 and turned 9 cents into free cash flow.
10-K for FY2025, filed Feb 24, 2026
$3.6BView ↗
10-K for FY2025, filed Feb 24, 2026
$2.1BView ↗
10-K for FY2025, filed Feb 24, 2026
$1.5BView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 10, 2026
Open tableView ↗
-
Sep 1, 2026
Agrees to sell Chobani stake and Allentown facility
KDP also expands its distribution agreement for Chobani drinks.
Sources
8-K, filed Sep 1, 2026
As part of the agreement, KDP will sell its full equity stake in Chobani back to the company for $800 million.View ↗
-
Jun 23, 2026
Reaffirms 2026 financial guidance
Guidance calls for net sales of $25.9-$26.4 billion and adjusted diluted EPS growth in a low-double-digit range.
Sources
8-K, filed Jun 23, 2026
In connection with today’s announcements, KDP reaffirmed its 2026 guidance for net sales of $25.9-$26.4 billion and constant currency…View ↗
-
May 22, 2026
Completes acquisition of JDE Peet’s
The acquisition was completed on April 1, 2026.
Sources
8-K, filed May 22, 2026
As previously disclosed, on March 26, 2026, Maple Parent Holdings Corp. (“Maple”), a wholly-owned subsidiary of Keurig Dr Pepper Inc. (the…View ↗
Growing. Revenue grew 31% in 4 years, from $12.7B in FY2021 to $16.6B in FY2025, about 7% a year.
Who Do They Compete With?
Competes with Coca-Cola, PepsiCo, Starbucks, The J.M. Smucker, The Kraft Heinz, and Nestlé
10-K for FY2025, filed Feb 24, 2026Our primary competitors include Coca-Cola, PepsiCo, Starbucks Corporation, The J.M. Smucker Company, The Kraft Heinz Company, and Nestlé…View ↗
Loading...
