Keurig Dr Pepper Operating Expenses — Historical Data
Keurig Dr Pepper (KDP) operating expenses was $5.4B in FY2025 (-8% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$5.4B
-8%
2024
$5.8B
+20%
2023
$4.9B
+7%
2022
$4.5B
+17%
2021
$3.9B
-1%
2020
$3.9B
+6%
2019
$3.7B
+51%
2018
$2.5B
-5%
2017
$2.6B
+8%
2016
$2.4B
+0%
2015
$2.4B
-1%
2014
$2.5B
+0%
2013
$2.4B
+2%
2012
$2.4B
+0%
2011
$2.4B
+1%
2010
$2.4B
+7%
2009
$2.2B
-32%
2008
$3.2B
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q1 2026
$1.3B
Q4 2025
$1.5B
Q3 2025
$1.3B
Q2 2025
$1.4B
Q1 2025
$1.2B
Q4 2024
$2.1B
Q3 2024
$1.2B
Q2 2024
$1.3B
Q1 2024
$1.2B
Q4 2023
$1.2B
Q3 2023
$1.2B
Q2 2023
$1.3B
Source: KDP on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.