PepsiCo (PEP) r&d spend was $839M in FY2025 (+3% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$839M
+3%
2024
$813M
+1%
2023
$804M
+4%
2022
$771M
+3%
2021
$752M
+5%
2020
$719M
+1%
2019
$711M
+5%
2018
$680M
-8%
2017
$737M
-3%
2016
$760M
+1%
2015
$754M
+5%
2014
$718M
+8%
2013
$665M
+20%
2012
$552M
+5%
2011
$525M
+8%
2010
$488M
+18%
2009
$414M
+7%
2008
$388M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$839M
Q4 2024
$813M
Q4 2023
$804M
Q4 2022
$771M
Q4 2021
$752M
Q4 2020
$719M
Q4 2019
$711M
Q4 2018
$680M
Q4 2017
$737M
Q4 2016
$760M
Q4 2015
$754M
Q4 2014
$718M
Source: PEP on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.