KDP Keurig Dr Pepper (KDP) Q1 FY26 earnings call
Keurig Dr Pepper delivered Q1 FY26 results slightly ahead of expectations, driven by robust performance in U.S. Refreshment Beverages and International, while U.S. Coffee faced anticipated temporary headwinds. The company successfully closed the JDE Peet's acquisition and is making steady progress on its transformation initiatives, targeting operational readiness for separation into two independent companies by the end of 2026, with official separation likely in early 2027.
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KDP operating KPIs by quarter
| KPI | Dec 2024 Q4 FY24 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees | 29KThis outcome was a direct output of the talent, dedication and hard work of our 29,000 colleagues across KDP.Source: earnings call transcript | 50K+I want to recognize and thank our more than 50,000 colleagues from around the world for their contributions to our inaugural quarter as a newly combined organization.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.