Risk factors

PepsiCo (PEP) risk factors

Item 1A of every PepsiCo, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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  • FY2025 10-K risk factors
    29 risks1 new2 dropped14 reworded

    PepsiCo added supplier and commodity price instability risks while refining global tax minimums and litigation exposures. Cybersecurity and enterprise system deployment risks were dropped.

    Filed Feb 03, 2026
  • FY2024 10-K risk factors
    30 risks

    Water scarcity and climate change threaten essential agricultural raw materials, manufacturing operations, and global supply chains.

    Filed Feb 04, 2025