Coca-Cola Co (KO) financials
Coca-Cola revenue and earnings by year
Coca-Cola's revenue was $47.9 billion in the fiscal year to December 31, 2025, up 1.9% from the year before. Net income was $13.1 billion, 27.3% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 1.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47.9 | 47.1 | 45.8 | 43.0 | 38.7 | 33.0 | 37.3 | 34.3 | 36.2 | 41.9 |
| Revenue growth | 1.9% | 2.9% | 6.4% | 11.3% | 17.1% | -11.4% | 8.6% | -5.3% | -13.5% | — |
| Gross profit | 29.5 | 28.7 | 27.2 | 25.0 | 23.3 | 19.6 | 22.6 | 21.2 | 22.5 | 25.4 |
| Gross margin | 61.6% | 61.1% | 59.5% | 58.1% | 60.3% | 59.3% | 60.8% | 61.9% | 62.1% | 60.7% |
| Operating income | 13.8 | 10.0 | 11.3 | 10.9 | 10.3 | 9.0 | 10.1 | 9.2 | 7.8 | 8.7 |
| Operating margin | 28.7% | 21.2% | 24.7% | 25.4% | 26.7% | 27.3% | 27.1% | 26.7% | 21.4% | 20.7% |
| Net income | 13.1 | 10.6 | 10.7 | 9.5 | 9.8 | 7.7 | 8.9 | 6.4 | 1.2 | 6.5 |
| Net margin | 27.3% | 22.6% | 23.4% | 22.2% | 25.3% | 23.5% | 23.9% | 18.8% | 3.4% | 15.6% |
| Diluted EPS | $3.04 | $2.46 | $2.47 | $2.19 | $2.25 | $1.79 | $2.07 | $1.50 | $0.29 | $1.49 |
| Free cash flow | 5.3 | 4.8 | 9.8 | 9.6 | 11.4 | 8.9 | 9.4 | 6.3 | 5.4 | 6.7 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open KO in Markets.
How Coca-Cola makes money
Revenue by segment in the quarter to October 2, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Concentrate Operations | $8.20B | 61.3% |
| Finished Product Operations | $5.18B | 38.7% |
See also: KO valuation and P/E history · KO returns
No forecast, no recommendation. This page describes Coca-Cola Co from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.