Coca-Cola Company (KO) Financials
Key financial figures for Coca-Cola Company (Q3 2026).
Coca-Cola's Q3 2026 net revenues grew 7% to $13.38 billion with unit case volume up 5%, and the company raised full-year comparable EPS growth guidance to at least 11% from 9% to 10%. Net operating revenues were $13,380 million, up 7% from $12,455 million; organic revenues (non-GAAP) grew 7%, from a 7% increase in concentrate sales and 1% price/mix. Concentrate sales ran 2 points ahead of unit case volume on shipment timing. Reported operating income was $4,465 million, up 12% from $3,982 million, and operating margin was 33.4% against 32.0% a year earlier. Comparable operating margin (non-GAAP) was 32.9% against 31.9%. Diluted EPS was $0.93 (up 8% from $0.86) and comparable EPS (non-GAAP) was $0.91 (up 11% from $0.82), including a 2-point currency tailwind. On the outlook: Full year 2026: organic revenues (non-GAAP) at least 5% growth (prior approx. 5%); comparable EPS (non-GAAP) at least 11% growth (prior 9% to 10%), including approx. 3% currency tailwind and approx. 1% headwind from acquisitions and divestitures; free cash flow (non-GAAP) at least $13.0 billion (prior approx. $12.4 billion), from at least $15.2 billion of cash from operations and approx. $2.2 billion of capital expenditures; underlying effective tax rate 19.7% (prior 19.9%). Q4 2026 comparable EPS: approx. 4% currency tailwind and approx. 3% headwind from acquisitions and divestitures. Full year 2027 considerations: comparable net revenues with slight currency headwind and approx. 8% headwind from acquisitions and divestitures; comparable EPS with slight currency headwind and approx. 2% headwind from acquisitions and divestitures; full 2027 guidance to come with Q4 results. Figures are for Q3 2026, as The Coca-Cola Company reported them.
- Revenue
- $13.4B
- Net Income
- $4.0B
- EPS
- $0.93
- Total Assets
- $108.0B
- Operating Cash Flow
- $4.9B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $13.4B | $4.0B | $0.93 | 33.37% | $4.5B |
| Q2 FY2026 | $13.4B | $4.4B | $1.03 | 34.92% | $5.1B |
| Q1 FY2026 | $12.5B | $3.9B | $0.91 | 34.95% | $1.8B |
| Q4 FY2025 | $11.8B | $2.3B | $0.53 | 15.57% | $2.9B |
| Q3 FY2025 | $12.5B | $3.7B | $0.86 | 31.97% | $4.6B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $47.9B | $13.1B | $3.04 | 28.71% | $5.3B |
| FY2024 | $47.1B | $10.6B | $2.46 | 21.23% | $4.7B |
| FY2023 | $45.8B | $10.7B | $2.47 | 24.72% | $9.7B |
Frequently asked questions
What was The Coca-Cola Company's revenue last quarter?
The Coca-Cola Company reported revenue of $13.38 billion for Q3 FY2026, up 7.4% from the same period a year earlier.
Is The Coca-Cola Company profitable?
Yes. The Coca-Cola Company reported net income of $4.01 billion for Q3 FY2026, a net margin of 29.96% on revenue.
How has The Coca-Cola Company's margin trended?
Operating margin was 33.37% in Q3 FY2026, compared with 31.97% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did The Coca-Cola Company generate?
The Coca-Cola Company generated free cash flow of $4.55 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Coca-Cola Company on SentiSense, with up to forty quarters and twenty fiscal years of history.