Keurig Dr Pepper Announces Flavorful New Innovation Across Its Refreshment Portfolio

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) unveiled more than 35 new varieties across CSDs, teas, waters, energy and juice for 2026, including the limited‑time return of Dr Pepper Creamy Coconut in April and a nationwide Mott's Zero Sugar juice launch in March.

All 2026 CSD innovations will be offered in both regular and zero sugar options, plus expanded energy SKUs and partner brand refreshes rolling out through the year.

Positive

• 35+ new product varieties across KDP portfolio
• All 2026 CSD innovations offered in regular and zero sugar
• Mott's Zero Sugar juice drinks launching nationwide in March
• Dr Pepper Creamy Coconut limited-time return starting in April

Negative

• None.

Key Figures

New varieties: more than 35 Americans trying new beverages: 44% Gen Z trying new beverages: 72% +5 more

8 metrics

New varieties more than 35 2026 lineup across owned and partner brands

Americans trying new beverages 44% Share of Americans trying new beverages each month

Gen Z trying new beverages 72% Share of Gen Z trying new beverages each month

CSD growth skew 6x more dollar growth Zero sugar vs regular CSD varieties

America’s birthday 250th Snapple Two Hundred Fif-TEA Party celebration theme

Board size eleven members Board size after Feb 12, 2026 governance changes (8-K)

FMR ownership 135,874,927.49 shares (10.0%) FMR LLC Schedule 13G/A as of 12/31/2025

Capital World Investors stake 99,479,243 shares (7.3%) Schedule 13G/A filing on KDP common stock

Market Reality Check

Price: $29.14 Vol: Volume 10,057,100 is slig...

normal vol

$29.14 Last Close

Volume Volume 10,057,100 is slightly below 20-day average of 10,899,948 (relative volume 0.92x). normal

Technical Price at $29.13 is below the 200-day MA of $29.98 and 19.35% under the 52-week high.

Peers on Argus

KDP was down 1.89% while key peers were mixed: CCEP +0.85%, MNST +1.31%, CELH -1...

1 Down

KDP was down 1.89% while key peers were mixed: CCEP +0.85%, MNST +1.31%, CELH -1.57%, COKE +1.87%, PEP -2.53%. Momentum scanner only flagged COKE (down ~3.0%) earlier, so KDP’s move appears more stock-specific than broad sector rotation.

Historical Context

5 past events · Latest: Feb 12 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 12	Board, governance changes	Positive	+0.1%	Board expansion and committee changes linked to pending JDE Peet’s deal.
Feb 03	Quarterly dividend	Positive	+1.7%	Declared regular cash dividend of $0.23 per share with April payment.
Jan 22	Earnings date set	Neutral	+0.8%	Announced Q4 and full-year 2025 results date and investor call details.
Jan 15	JDE Peet’s cash offer	Positive	-0.8%	Launched EUR 31.85 per share recommended cash offer for JDE Peet’s.
Dec 09	Quarterly dividend	Positive	+1.6%	Announced $0.23 per share dividend with January 16, 2026 payment.

Pattern Detected

Recent news (dividends, governance, M&A) has typically seen modest positive price reactions, with the JDE Peet’s offer as the main divergence.

Recent Company History

Over the past few months, KDP has focused on capital returns, governance, and strategic expansion. Dividend declarations on Dec 9, 2025 and Feb 3, 2026 coincided with gains of 1.62% and 1.72%. Governance and board changes announced on Feb 12, 2026 tied to the planned JDE Peet’s acquisition and future separation into Beverage Co. and Global Coffee Co. saw a flat reaction. The JDE Peet’s cash offer on Jan 15, 2026 led to a -0.78% move, contrasting with generally positive responses to other updates.

Market Pulse Summary

This announcement details a wide-ranging 2026 innovation push across CSD, tea, water, energy and jui...

Analysis

This announcement details a wide-ranging 2026 innovation push across CSD, tea, water, energy and juice brands, including more than 35 new varieties and expanded zero sugar offerings. In recent months, KDP also advanced dividends, governance changes, and the JDE Peet’s acquisition, with generally modest positive price reactions. Investors may watch how these flavor launches translate into category share and revenue, how integration of JDE Peet’s progresses, and whether the stock can improve from trading below its 200-day MA and 52-week high.

Key Terms

rtd

1 terms

rtd technical

"BLUE RASPBERRY, which transforms a fan-favorite powder flavor into a sweet, fizzy RTD with a bright citrus twist"

Ready-to-drink (RTD) describes beverages sold pre-mixed and packaged so consumers can consume them immediately without preparation, like grabbing a pre-made salad instead of cooking. For investors, RTD products signal how a company can scale sales, access retail and convenience channels, and affect margins and inventory dynamics; success in this category often translates into steadier revenue streams and faster consumer adoption than products requiring extra steps.

AI-generated analysis. Not financial advice.

Line-up includes the return of fan-favorite Dr Pepper Creamy Coconut

BURLINGTON, Mass. and FRISCO, Texas, Feb. 18, 2026 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) is entering 2026 with an unrivaled commitment to flavor leadership, debuting innovations across its carbonated soft drinks (CSDs), teas, waters, energy and juice drinks portfolios. Building on the success of 2025's hits—like Dr Pepper Blackberry, last year's top CSD innovation¹—the lineup of more than 35 new varieties across owned and partner brands delivers what consumers want most: bold new flavors, twists on nostalgic favorites, more zero sugar options and expanded energy offerings.

"Consumers want beverages that fit every need throughout their day, and our 2026 lineup does exactly that while offering even more ways to enjoy the brands they love," said Katie Webb, VP of Innovation at Keurig Dr Pepper. "Our State of Beverages 2025 Trend Report uncovered that 44% of Americans, and an impressive 72% of Gen Z, try new beverages each month, underscoring the tremendous opportunity for flavor exploration and fan‑driven innovation. In fact, Dr Pepper Creamy Coconut was inspired by viral social media trends and its comeback is powered by pure consumer love – when fans rally this hard for a flavor, we listen."

Sips Inspired by the Moment
From dirty soda culture to throwback sips, playful concoctions and 'newstalgia' are helping consumers make the most of every moment. This year's lineup leans into that energy with limited-time drops of bold, indulgent flavor mashups that feel familiar yet fresh, perfectly timed for summer moments and seasonal celebrations.

• Dr Pepper Creamy Coconut: A decadently "dirty" fan‑favorite returns – Dr Pepper's iconic 23‑flavor blend combined with refreshing, summery coconut flavor for a smooth, creamy indulgence available for a limited time starting in April.
• Snapple Two Hundred Fif‑TEA Party: This limited‑time summer blend pairs juicy raspberry flavored tea with lemonade for a berry‑meets‑citrus refresh in celebration of America's 250th birthday.
• 7UP Shirley Temple: Returning nationwide for the holiday season, this festive favorite pairs sweet pomegranate and crisp lemon-lime flavors for a playful twist on the nostalgic mocktail.
• A&W Root Beer Float: Enjoy all the creamy, vanilla‑kissed flavor of a classic float without the fuss: no spoon, no ice cream, mess – just pop and enjoy. Available for a limited time from beginning in July.

Modern Twists on Iconic Classics
Some of our familiar favorites are evolving with contemporary flavor innovation and bold new looks, including expanding our fruit-forward spin on a timeless ginger ale and a modernized visual identity for a cultural icon.

• Canada Dry Fruit Splash Strawberry: The Fruit Splash line, the #1 new CSD innovation launch of 2024², is adding a new Strawberry flavor made with a splash of real juice, combining fruity brightness with signature ginger ale, rolling out nationally in February.
• Snapple Brand Refresh: Snapple is unveiling a refreshed visual identity—bringing to life new colorful graphics and a logo that gives a nod to the brand's classic trademark. Built to boldly jump off the shelf, spotlight real ingredients and return the Snapple brand to icon-status, the new look starts rolling out across packaging and other visual identity markers in March.
• Bloom Pop: Nutrabolt and KDP are serving up a trio of feel-good, nostalgia-rich favorites for the brand – Root Beer Float, a classic soda shop blend topped with creamy vanilla; Peach Pineapple, a juicy tropical escape; and Rocket Blast, a vibrant burst of ice pop flavor this summer. 

Citrus-Inspired Innovation
Citrus continues to dominate as the #1 preferred flavor profile among younger shoppers³, who crave refreshing, flavor‑forward beverages. This year's lineup leans into that momentum with vibrant, juicy flavor profiles designed to stand out on shelf.

• Bai Barù Blood Orange: A nationwide launch in February, Bai introduces a tangy, vibrant blood orange water beverage that taps one of the fastest‑rising citrus flavors⁴ while delivering the antioxidant-infused experience Bai is known for – It's WonderWater®.
• 7UP Endless Summer Mandarin Orange (Kroger exclusive): A bright mix of mandarin and classic lemon‑lime flavors, this seasonal flavor delivers a crisp, refreshing taste inspired by easy, carefree summer moments.

More Choice, Less Sugar
Zero sugar continues to outpace the CSD category, driving 6x more dollar growth than regular varieties⁵, as consumers look for balance without sacrificing flavor. All 2026 CSD innovations will be offered in both regular and zero sugar options. And now, more zero sugar options are hitting the juice aisle.

• Mott's Zero Sugar Juice Drinks: For the first time ever, Mott's is introducing a Zero Sugar juice drink line, expanding Zero-sugar options for families. Launching nationwide in March alongside refreshed packaging and new sauce pouch innovations, Mott's brings its trusted taste into a lighter, modern format.

Flavor‑Driven Fuel 
Energy shoppers, especially younger consumers, are leaning into recognizable, irresistible flavors and right‑sized formats that fit more moments, and our owned and partner brands are ready with a strong lineup to meet that demand this year.

• GHOST Energy: This year's lineup includes the debut of new 8.4 oz. cans in OG, OG COLADA, STRAWBERRY WATERMELON and WELCH'S® GRAPE to spark trial and introduce the brand to new consumers. The brand also expands its 16 oz. innovation slate with: BLUE RASPBERRY, which transforms a fan-favorite powder flavor into a sweet, fizzy RTD with a bright citrus twist; ICED TEA LEMONADE, a Walmart and Circle K-exclusive delivering bold lemonade balanced by a smooth, sweet tea finish; STRAWBANGO™, a breakout favorite expanding nationwide, combining strawberry with sweet-and-sour mango and subtle citrus notes; BUBBLICIOUS® STRAWBERRY SPLASH™, a Kroger exclusive pairing juicy strawberry with classic bubble gum nostalgia; and, WELCH'S® GRAPE-CRAN, blending sweet grape with tart cranberry for a balanced, fruit-forward flavor.
• C4 Energy: Rolling out a dynamic lineup that includes Mango Fuego, where sweet mango collides with subtle heat; Hawaiian Punch Berry Blue Typhoon, a nostalgic island blue burst available exclusively at Circle K; Pink Lemonade, a limited time offer with a bright, refreshing mix of raspberry and zesty lemonade that's tangy and fruity without being too sweet; and Casey's exclusive Cherry Cola, infused with fizzy, soda shop flair.
• Bloom Sparkling Energy: Introducing tangy strawberry lemonade Summer Splash, which is sure to win the taste buds.
• Black Rifle Energy: Offering bold, high‑impact flavor from new GrapeX – a sweet, punchy grape profile – and Tiger Strike, a limited‑time summer fusion of bright citrus and tropical notes.

Additional Partner-Driven Variety
Across our partner portfolio, additional new flavors showcase the best of what we help to deliver nationwide, including vibrant flavor innovation and wellness‑minded refreshment.

• Electrolit: Expanding its hydration lineup with Cherry Ice, a cool and refreshing cherry flavor with an icy finish, coming soon to stores nationwide; Strawberry Kiwi, a bright and balanced blend of sweet strawberry and tangy kiwi, now conveniently available in a 6-pack multipack; and a 7 Eleven-exclusive flavor to be revealed ahead of summer.
• La Colombe Draft Latte: Seasonal favorites return in single‑serve and 4‑pack formats, beginning with two café-inspired Draft Latte® coffee drinks, Strawberry Mocha and S'mores. Strawberry Mocha features chocolate‑dipped strawberry notes while S'mores blends toasted marshmallow and rich cocoa notes for sips of decadent goodness. Fall and winter Draft Latte® flavors follow with Pumpkin Spice, a sippable slice of pumpkin pie made with perfectly roasted coffee, frothy farm‑fresh milk, and real pumpkin purée, and Peppermint Mocha, a festive blend of cool mint and chocolate crafted for the holiday season.
• Polar Seltzer: Bringing back fan ‑favorite Strawberry Créme, pairing juicy strawberry with a silky crème twist for a lightly sweet, dessert ‑inspired sparkle, alongside the nationally returning Toasted Coconut, known for its smooth coconut flavor and warm toasted finish.

Keep an eye out in stores to discover what's new across the full Keurig Dr Pepper portfolio, with even more surprises to come throughout the year – so stay tuned!

About Keurig Dr Pepper 
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $15 billion, we hold leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, Snapple®, 7UP®, Green Mountain Coffee Roasters®, GHOST®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 29,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.

Investor Contact:
Investor Relations
T: 888-340-5287 / IR@kdrp.com

Media Contact:
Katie Gilroy
T: 781-418-3345 / katie.gilroy@kdrp.com

¹ Source: Circana Total US – Multi Outlet + Conv Time: Calendar Year 2024 Ending 12-31-25
² Source: Circana Total US – Multi Outlet + Conv Time: Calendar Year 2024 Ending 12-29-24
³ Source: Circana Panel Data Total US Beverage & Sauce 52 weeks ending 12.29.2024
⁴ Source: Mintel, Spring/Summer Flavors on the Menu 2024
⁵ Source: Circana, MULO+ w/ Convenience L52W ending 12.28.25

 

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SOURCE Keurig Dr Pepper

FAQ

What new flavors did Keurig Dr Pepper (KDP) announce for spring 2026?

Keurig Dr Pepper announced multiple spring launches including Canada Dry Fruit Splash Strawberry and Bai Barù Blood Orange. According to the company, these rollouts begin nationally in February and continue with wider releases across March and April.

When will Dr Pepper Creamy Coconut be available from KDP (KDP)?

Dr Pepper Creamy Coconut returns for a limited time starting in April 2026. According to the company, the flavor revival is driven by consumer demand and will be available seasonally while supplies last.

What does KDP's announcement mean for zero sugar options in 2026?

All 2026 CSD innovations will be offered in both regular and zero sugar, increasing low‑sugar choices. According to the company, this responds to category growth where zero sugar outpaces regular varieties in dollar growth.

When does Mott's Zero Sugar juice line from KDP (KDP) launch nationwide?

Mott's Zero Sugar juice drinks launch nationwide in March 2026. According to the company, this is Mott's first zero sugar juice drink line, paired with refreshed packaging and new sauce pouch innovations.

Which energy SKUs is Keurig Dr Pepper (KDP) expanding in 2026?

GHOST Energy gains new 8.4 oz cans and several 16 oz flavor innovations; C4 Energy and partner brands also add seasonal and exclusive flavors. According to the company, these target trial and younger consumers with right‑sized formats.