PepsiCo stock holds as investors await fresh numbers
Published on 08/09/2026 at 14:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PepsiCo stock held investor attention on 9 August 2026 after the company's latest published figures showed $91.9 billion in revenue for 2024 and $9.6 billion in net income, with the company still using its investor relations page as the central source for updates. The stock is tied to one of the world's largest snack and beverage groups, so the latest reported operating base matters as much as any short-term market move.
Revenue at $91.9 billion
In fiscal 2024, PepsiCo reported revenue of $91.9 billion and net income of $9.6 billion, according to its investor materials. That combination matters because it shows the scale of the earnings base behind the share price and gives investors a clear benchmark for the next report cycle.
The 2024 revenue figure also provides a comparison point against the company's own 2025 and 2026 updates when they arrive, because the next report will need to clear a large and established base. For a consumer staples group, the size of the top line is often the first thing the market rechecks when margins or volume trends change.
Net income of $9.6 billion
PepsiCo's $9.6 billion net income in 2024 is the second key number, because it shows that the business still converted a very large sales base into positive earnings across the full year. That is the figure that anchors valuation discussions when analysts compare operating margin trends, pricing power, and volume pressure across snacks and drinks.
The company also remains a global portfolio business rather than a single-brand story, which is why its annual earnings mix matters more than one-quarter noise. Investors usually weigh the balance between beverages and convenient foods alongside the income line, especially when inflation, promotions, and mix changes affect margins.
2024 base sets the frame
PepsiCo's 2024 revenue of $91.9 billion and net income of $9.6 billion create the frame for the next market reaction, because they establish the last fully reported annual scale. If the next update shows slower revenue growth or a smaller earnings base, the comparison will be immediate and numerical.
That comparison is especially relevant for a company with a broad U.S. listing and heavy exposure to consumer demand, input costs, and distribution efficiency. The market tends to focus on whether pricing can keep offsetting volume weakness, and that question starts with the prior year's numbers.
Frito-Lay still matters
Frito-Lay remains one of PepsiCo's most important product engines, because snacks are a large part of the company's profit profile and help support the earnings base behind the stock. The product mix matters even when investors are reading headline revenue, since snack strength or weakness can move the margin discussion.
For PepsiCo, that is why the product story cannot be separated from the 2024 income figure. A company that earned $9.6 billion in net income in 2024 is not judged on branding alone; it is judged on whether those brands keep translating into cash generation and earnings.
Stock level and venue
PepsiCo stock is traded on NASDAQ under PEP, and the company remains a large-cap consumer staples name for U.S. investors. The last fully reported annual figures give the stock a clear numerical anchor: $91.9 billion in revenue and $9.6 billion in net income for 2024.
Those figures matter more than short-term noise when the next report has not yet reset the base. For now, the share story is the earnings story, and the earnings story still starts with those 2024 numbers.
PepsiCo company data
- Company: PepsiCo, Inc.
- ISIN: US7134481081
- Ticker: NASDAQ: PEP
- Trading venue: NASDAQ
- Sector / Industry: Consumer Staples / Beverages
- Index membership: S&P 500
