Keurig Dr Pepper Inc. revenue by segment KDP

Annual Quarterly

Keurig Dr Pepper Inc. splits its revenue into 7 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was U.S.Refreshment Beverages at $10.4 billion, 63% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016	FY 2015 Dec 31, 2015
Revenue	20,090	16,603	15,351	14,814	14,057	12,683	11,618	11,120	6,690	6,440	6,282
U.S.Refreshment Beverages	—	10,439 +11.9% share 62.9%	9,331 +5.8% share 60.8%	8,821 +9.1% share 59.5%	8,083 +13.5% share 57.5%	7,120 share 56.1%	—	—	—	—	—
Packaged Beverages	—	—	—	—	—	5,882 +9.7% share 46.4%	5,363 +8.5% share 46.2%	4,945 share 44.5%	—	—	—
Coffee Systems	—	—	—	—	—	4,716 +6.4% share 37.2%	4,433 +4.7% share 38.2%	4,233 share 38.1%	—	—	—
U.S.Coffee	—	3,990 +0.6% share 24.0%	3,967 -2.6% share 25.8%	4,071 -5.4% share 27.5%	4,302 +5.2% share 30.6%	4,089 share 32.2%	—	—	—	—	—
KDP International	—	2,174 +5.9% share 13.1%	2,053 +6.8% share 13.4%	1,922 +15.0% share 13.0%	1,672 +13.4% share 11.9%	1,474 share 11.6%	—	—	—	—	—
Beverage Concentrates	—	—	—	—	—	1,486 +12.2% share 11.7%	1,325 -6.3% share 11.4%	1,414 share 12.7%	—	—	—
Latin America Beverages	—	—	—	—	—	599 +20.5% share 4.7%	497 -5.9% share 4.3%	528 share 4.7%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Beverages (SIC 2080)
Listed as: KDP (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Frisco, TX
SEC filer status: Large accelerated filer
SEC CIK: 1418135
Former names: Dr Pepper Snapple Group, Inc. (until Jul 2, 2018); CSAB Inc. (until Nov 13, 2007)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.