Filing Flows › Keurig Dr Pepper (KDP) › Operating margin
Keurig Dr Pepper (KDP) operating margin by quarter
Keurig Dr Pepper's operating margin was 18.2% in Q3 2026 (third quarter 2026), +9.6 pts from Q2 2026. Over the last 7 quarters it ranged from 8.6% (Q2 2026) to 23.1% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 18.2% | +9.6 pts | -5.0 pts |
| Q2 2026 | 8.6% | -10.4 pts | -13.0 pts |
| Q1 2026 | 19.0% | -0.6 pts | -3.0 pts |
| Q4 2025 | 19.6% | -3.5 pts | — |
| Q3 2025 | 23.1% | +1.5 pts | — |
| Q2 2025 | 21.6% | -0.5 pts | — |
| Q1 2025 | 22.0% | — | — |
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 operating margin?
Keurig Dr Pepper's operating margin was 18.2% in Q3 2026 (third quarter 2026), +9.6 pts from Q2 2026.
How has Keurig Dr Pepper's operating margin changed?
Over the last 7 quarters it ranged from 8.6% (Q2 2026) to 23.1% (Q3 2025).