Keurig Dr Pepper Q1 2026 Financial Review

KDP|EPS $0.39 vs $0.38 est (+2.6%)|Rev $3.98B|Net Income $270.0M

Keurig Dr Pepper is a prominent beverage company with a portfolio of over 150 brands. The company recently completed its acquisition of JDE Peet’s on April 1, 2026.

For the first quarter of 2026, the company generated reported GAAP net sales of $3.98 billion, a 9.4% increase from the prior year. Reported GAAP diluted Earnings Per Share (EPS) was $0.20, and adjusted diluted EPS was $0.39.

The company reaffirmed its 2026 constant currency net sales and adjusted EPS outlook. Additionally, first-quarter operating cash flow reached $281 million, and free cash flow totaled $184 million.

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