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KDP · Keurig Dr Pepper Inc.

Changes to watch · 12 concrete new risks (supply chain, corporate transactions, geopolitics and conflict)

10-Q 2026-08-10 ↗ compared with the reference 10-K 10-K 2026-02-24 ↗

Closing price50-day average200-day average

Technical events and factor profile →

Summary

Keurig Dr Pepper warns of potential losses in Russia due to sanctions and regulatory changes, and faces currency fluctuations affecting its reported results. The company also discloses increased risks from evolving sustainability-related regulations and supply chain disruptions.

Automatic summary generated from the filing; it may contain inaccuracies.
Concrete new risks
12
Generic new risks
8
Filing
10-Q · 2026-08-10

How the stock reacted

After the 10-Q1 session5 sessions20 sessions
KDP-2.4%+4.8%+8.6%
Nasdaq-100 (QQQ)-0.3%+1.1%-0.6%
Difference-2.1%+3.7%+9.2%

From the close before the filing. Historical data, not a prediction.

What the concrete new risks are about

Supply chain · 3Corporate transactions · 2Geopolitics and conflict · 1Regulation · 1Climate and sustainability · 1Rates, inflation and the cycle · 1Technology and products · 1Litigation · 1Customers and competition · 1

New risks 20

Concrete fact Geopolitics and conflict
Russia Sanctions Threaten Keurig Dr Pepper Operations

The legal and regulatory environment affecting foreign-owned businesses in Russia remains dynamic and unpredictable and may continue to change, potentially on short notice. New or expanded sanctions, export controls, Russian countermeasures or other restrictions could require us to modify, reduce, suspend or exit some or all of our Russian operations, potentially at substantial cost. In addition, the Russian government has adopted, and may continue to adopt, laws, regulations or administrative measures targeting foreign-owned businesses, including restrictions on transfers of funds, limitations on the payment of dividends, mandatory approvals for transactions involving foreign investors, the imposition of temporary external administration, and other measures that can in practice result in the seizure, nationalization or expropriation of assets. Any such measures could substantially impair, or result in the complete loss of, our control over and the value of the JDE Peet’s business in Russia. We may be unable to sell, transfer or otherwise exit our Russian operations on commercially reasonable terms, or at all, and any such disposition, or any seizure, nationalization or expropriation, could occur at a substantial discount to, or result in the complete write-off of, carrying value, resulting in significant losses, impairments, write-downs or restructuring charges. Compliance with these requirements may be complex, particularly as we integrate the acquired business into our compliance, governance and control frameworks. Any actual or alleged failure to comply with applicable sanctions, export controls, anti-corruption or other laws or regulations, as well as with any countersanctions measures adopted by the Russian government, could result in investigations, substantial civil or criminal penalties, business restrictions, litigation, reputational harm or other adverse consequences.

19 more new risks

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Key figures quarterly · USD

Revenue (TTM)
$20.1B
YoY growth
+75.6%
Operating margin
8.6%
Cash / debt
$1.5B / $21.6B
Jun 26Mar 26Dec 25Sep 25Jun 25
Revenue$7.3B$4.0B$4.5B$4.3B$4.2B
YoY growth+75.6%+9.4%+10.5%+10.7%+6.1%
Gross margin41.9%52.8%53.8%54.3%54.2%
Operating margin8.6%19.0%19.6%23.1%21.6%
Net income$142M$270M$353M$662M$547M
Diluted EPS0.040.200.260.490.40

XBRL data filed with the SEC. The fourth fiscal quarter is calculated as the full year minus the previous three quarters.

Factor profile percentile vs. the S&P 500 and the Nasdaq-100

Momentum
12 months excl. last: +19.6% · 6 months +31.4%
65
Trend quality
R² 0.46 · rising
77
Relative strength
+21.3% vs. the S&P 500 over 6 months
90
Volatility
28% annualised
42
Beta
beta 0.04
22
Distance from high
+0.0% from the 52-week high
98
Extension
+2.4 standard deviations from its 20-day average
92

0 = the lowest in the universe, 100 = the highest. It describes how the stock has behaved, not whether to buy or sell it. Screen stocks by factors

Management tone MD&A

+2

Similar than in the previous 10-Q (2026-04-23: -1, +4 points)

10-Q of 2026-08-10 · 21.3% positive sentences, 18.9% negative · 164 sentences analysed

Index from −100 to +100 calculated with FinBERT on the results discussion (MD&A). The change matters more than the level: some sectors always sound more cautious.

Top funds 13F

Bridgewater Associates · Ray Dalio
held since Q4 2023
0.0% $2.5M =

Weight in each fund's portfolio and change vs. the previous quarter, from its latest 13F.

Recent material events (8-K)

2026-10-01 Other events 5 sessions: -1.8% vs Nasdaq-100 SEC ↗
2026-09-28 Other events 5 sessions: -4.9% vs Nasdaq-100 SEC ↗
2026-09-16 Other events 5 sessions: -6.1% vs Nasdaq-100 SEC ↗
2026-09-01 Other events 5 sessions: +1.9% vs Nasdaq-100 SEC ↗
2026-08-12 Executive or board changes 5 sessions: +5.6% vs Nasdaq-100 SEC ↗
2026-08-06 Results released 5 sessions: -4.8% vs Nasdaq-100 SEC ↗
2026-06-25 Executive or board changes 5 sessions: +3.7% vs Nasdaq-100 SEC ↗
2026-06-23 Investor communication (Reg FD)Other events 5 sessions: +11.2% vs Nasdaq-100 SEC ↗
2026-06-18 Shareholder voteOther events 5 sessions: +13.9% vs Nasdaq-100 SEC ↗

All material events for KDP →

Source: SEC EDGAR. Automatic comparison of the risk factors section; it may contain extraction errors. Always check the original document. For information purposes only; not investment advice.