Keurig Dr Pepper publishes pro forma combined financial statement for JDE Peet’s deal
KDP•Pro forma combined financials for the JDE Peet’s merger
Keurig Dr Pepper published a combined financial statement reflecting its merger with JDE Peet's for the 2025 quarters shown.
- Q3 2025: net sales of $6.9 billion; net income of $882 million, reflecting the addition of JDE Peet's results with transaction accounting adjustments.
- Q4 2025: net sales of $7.53 billion; net income of $355 million, with earnings pressured by higher interest expense from acquisition financing.
- Last twelve months pro forma adjusted EBITDA: $6.61 billion; management leverage ratio of 4.4x as of June 30, 2026.




