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PepsiCo number of employees

PepsiCo reported 306,000 employees at December 27, 2025 in its latest annual report, down 13,000 (4.1%) on the year before. That compares with 309,000 at December 25, 2021. Revenue per employee was $306,944.

Headcount by year

Fiscal year endEmployeesChangeRevenue per employeeSource
December 27, 2025 306,000 −13,000 (4.1%) $306,944 10-K, filed February 3, 2026
December 28, 2024 319,000 +1,000 (0.3%) $287,944 10-K, filed February 4, 2025
December 30, 2023 318,000 +3,000 (1.0%) $287,645 10-K, filed February 9, 2024
December 31, 2022 315,000 +6,000 (1.9%) $274,260 10-K, filed February 9, 2023
December 25, 2021 309,000 — $257,197 10-K, filed February 10, 2022

What the annual reports say

  • We employed approximately 306,000 people worldwide as of December 27, 2025, including approximately 125,000 people within the United States. 2025 annual report
  • We employed approximately 319,000 people worldwide as of December 28, 2024, including approximately 134,000 people within the United States. 2024 annual report
  • We employed approximately 318,000 people worldwide as of December 30, 2023, including approximately 134,000 people within the United States. 2023 annual report
  • We employed approximately 315,000 people worldwide as of December 31, 2022, including approximately 132,000 people within the United States. 2022 annual report
  • We employed approximately 309,000 people worldwide as of December 25, 2021, including approximately 129,000 people within the United States. 2021 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

Head to head: KO vs PEP

More: Beverages stocks compared, Consumer Staples sector, rankings of US companies

Figures from PepsiCo's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to PepsiCo.