Filing Flows › Keurig Dr Pepper (KDP) › Gross margin
Keurig Dr Pepper (KDP) gross margin by quarter
Keurig Dr Pepper's gross margin was 48.0% in Q3 2026 (third quarter 2026), +6.1 pts from Q2 2026. Over the last 7 quarters it ranged from 41.9% (Q2 2026) to 54.6% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 48.0% | +6.1 pts | -6.3 pts |
| Q2 2026 | 41.9% | -10.8 pts | -12.2 pts |
| Q1 2026 | 52.8% | -1.0 pts | -1.8 pts |
| Q4 2025 | 53.8% | -0.6 pts | — |
| Q3 2025 | 54.3% | +0.2 pts | — |
| Q2 2025 | 54.2% | -0.4 pts | — |
| Q1 2025 | 54.6% | — | — |
Q3 2026 at a glance
Keurig Dr Pepper, Q3 2026: revenue $7.3B (+71% year over year), operating margin 18.2%, net earnings $882M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is Keurig Dr Pepper's gross margin?
Keurig Dr Pepper's gross margin was 48.0% in Q3 2026 (third quarter 2026), +6.1 pts from Q2 2026.
How has Keurig Dr Pepper's gross margin changed?
Over the last 7 quarters it ranged from 41.9% (Q2 2026) to 54.6% (Q1 2025).