Keurig Dr Pepper Q2 2026 net sales more than doubled 75.6% to $7.31 billion; GAAP net income attributable to common shareholders fell 89% to $60 million.
GAAP diluted EPS slid 90% to $0.04; adjusted diluted EPS rose 16.3% to $0.57.
GAAP operating income dropped 30.1% to $628 million; adjusted operating income climbed 42.9% to $1.48 billion.
U.S. Refreshment Beverages net sales increased 10% to $2.9 billion; U.S. Coffee net sales declined 3.2% to $918 million.
Reaffirmed 2026 outlook for net sales of $25.9-$26.4 billion; still targets a pro-forma management leverage ratio of about 4.1x at year-end.
KDP•
