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Keurig Dr Pepper Reports Strong Q4, Plans Major Split

2/24/2026

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Story summary
  • Keurig Dr Pepper (KDP) reported Q4 2025 revenue of $4.50 billion, up 10.5% year over year and 3.1% above expectations.
  • The adjusted earnings per share was $0.60, beating expectations by 1.9%.
  • KDP secured $1.5 billion equity funding for its $18 billion acquisition of JDE Peet's.
  • KDP plans to split into Global Coffee Co and Beverage Co by year-end.
  • Shares have fallen 15% since the announcement, while sales volume rose 4.8%.