PepsiCo Inc.: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-10-16
Other years: 2026 vs 2025
⚠ AI Risk Brief Interpretation layer — deterministic data below

Ukraine conflict risk removed; workforce, climate, and geopolitical risks substantively reframed with heightened emphasis.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

0
New Risks
1
Removed
8
Modified
20
Unchanged
🔴 No Match in Current Filing Disclosure change8/10

Risks associated with the deadly conflict in Ukraine

This section from the 2024 filing does not have a high-confidence textual match in the 2025 filing. It may have been removed, merged, or substantially reworded.

🟡 Modified Political, social and geopolitical conditions can adversely affect our business. 🔒
🟡 Modified Climate change or measures to address climate change and other sustainability matters can negatively affect our business or damage our reputation. 🔒
🟡 Modified Failure to attract, develop and maintain a highly skilled workforce or effectively manage changes in our workforce can have an adverse effect on our business. 🔒

And 5 more changes in the full comparison.

8 changes in this historical filing

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