---
schema_version: "secwatch.filing_event.v1"
accession: "0001418135-25-000011"
form_type: "8-K"
ticker: "KDP"
cik: "0001418135"
company_name: "Keurig Dr Pepper Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:41:34.735399+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KDP Q4 adj EPS $0.58, FY adj EPS $1.92; guides 2025 high-single-digit adj EPS growth

## Summary
- Full-year net sales $15.35B (+3.6% GAAP, +3.9% constant currency); Q4 net sales $4.07B (+5.2%, +6.2% constant currency).
- Q4 GAAP EPS loss of $(0.11) due to $718M intangible impairments and $225M GHOST distribution termination accrual.
- Adjusted operating income up 9.0% to $4.0B; free cash flow up 82% to $1.7B.
- U.S. Coffee net sales -2.6% for FY; K-Cup pod shipments flat, brewer shipments +7.3%.
- 2025 outlook: mid-single-digit net sales growth and high-single-digit adj EPS growth in constant currency; FX headwind ~1-2 ppts.

## SEC filing metadata
- accession: 0001418135-25-000011
- form_type: 8-K
- ticker: KDP
- cik: 0001418135
- company_name: Keurig Dr Pepper Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418135/000141813525000011/0001418135-25-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418135/000141813525000011/kdp-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001418135-25-000011
- JSON: https://secwatch.observer/filing/0001418135-25-000011.json
- Plain text: https://secwatch.observer/filing/0001418135-25-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.