Filing Flows › PepsiCo (PEP) › Guidance history
PepsiCo (PEP) guidance history: what it guided and what it reported
PepsiCo gave guidance in 12 earnings releases on file since Feb 9, 2024. Its releases raised guidance 0 times and lowered it once.
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 22.0% (Feb 3, 2026) → reaffirmed 22.0% (Apr 16, 2026) → reaffirmed 22.0% (Jul 9, 2026) | — | to be reported | — |
| FY2025 | 20.0% (Feb 4, 2025) → reaffirmed 20.0% (Apr 24, 2025) → reaffirmed 20.0% (Jul 17, 2025) → reaffirmed 20.0% (Oct 9, 2025) | — | — | — |
| FY2024 | 20.0% (Feb 9, 2024) → reaffirmed 20.0% (Apr 23, 2024) → reaffirmed 20.0% (Jul 11, 2024) → reaffirmed 20.0% (Oct 8, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $8.16 (Feb 4, 2025) → reaffirmed $8.16 (Apr 24, 2025) → reaffirmed $8.16 (Jul 17, 2025) → reaffirmed $8.16 (Oct 9, 2025) | — | — | — |
| FY2024 | $8.15 (Feb 9, 2024) → reaffirmed $8.15 (Apr 23, 2024) → reaffirmed $8.15 (Jul 11, 2024) → reaffirmed $8.15 (Oct 8, 2024) | — | — | — |
The latest quarter
PepsiCo, Q3 2026: revenue $25.3B (+6% year over year), operating margin 16.9%, net earnings $3.1B, operating cash flow $5.6B. The chart follows the revenue to costs, profit and cash.
Questions
Does PepsiCo beat its guidance?
PepsiCo gave guidance in 12 earnings releases on file since Feb 9, 2024. Its releases raised guidance 0 times and lowered it once.
How often does PepsiCo raise guidance?
Its earnings releases raised guidance 0 times and lowered it once since Feb 9, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.