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Keurig Dr Pepper Reports Q3 Results and Reaffirms Guidance for 2026

PR Newswire•03/11/2026•07:00 ET
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Key Highlights

  • ➤Q3 net sales $7.34 billion, up 70.6% year over year
  • ➤Adjusted diluted EPS $0.66, up 22.2% year over year
  • ➤JDE Peet’s contributed $2.6 billion in Q3 net sales
  • ➤2026 net sales guidance reaffirmed at $25.9-$26.4 billion
  • ➤2026 constant-currency adjusted EPS growth forecast remains low double-digit

Expert Statements

Tim Cofer, CEO of Keurig Dr Pepper

“We are pleased with our third quarter results, which featured meaningful net sales and EPS growth, along with healthy free cash flow. Our refreshment beverages portfolio maintained its double-digit sales growth momentum and we drove solid results in coffee, led by strong JDE Peet's profitability. Notably, we achieved these results while stepping up investment behind our brands and capabilities to position our two future companies for success. As we enter the final stretch of the year, we are on track to deliver our 2026 financial commitments and we remain focused on achieving the remaining milestones to enable our planned separation.”

Keurig Dr Pepper Reports Q3 Results and Reaffirms Guidance for 2026 PR Newswire

Drove Healthy Q3 Net Sales Momentum, with Growth Across all Legacy KDP Segments

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