Pepsi
Last updated: February 7, 2026 at 9:59 AM
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google/gemini-2.0-flash-001Timeline
1893
Pepsi Created
Pepsi was initially created by Caleb Bradham in New Bern, North Carolina, and was first known as "Brad's Drink".
1898
Pepsi-Cola Renamed
Bradham renamed his drink Pepsi-Cola.
1898
Company Founded
The company was officially founded on August 28, 1898.
1931
Acquisition by Charles Guth
The company was acquired by Charles Guth, who reformulated the drink and revitalized the brand.
1965
Merger with Frito-Lay
Pepsi-Cola Company merged with Frito-Lay, Inc., leading to the formation of PepsiCo, Inc.
2023
Second Most Popular Soft Drink
Pepsi was the second most popular soft drink brand in the world.
2023
Annual Revenue
PepsiCo's annual revenue in 2023 was $93.92 billion.
2026
Market Capitalization
As of February 5, 2026, PepsiCo's market capitalization was $229.07 billion, and its share price was $167.53.