Coca Cola Co (KO) stock

KONYSEBeveragesFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Oct 28, 2026Score 21/3029% above fair value

$94.08+1.26 (+1.36%)

Close on Oct 30, 2026Market cap $404.78BP/E 28.3Yield 2.17%

Earnings

Coca Cola's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Feb 9, 2027

Q4 FY2026 · estimated, before the open

Revenue, Q3 FY2026

$13.40B

+7.2% on a year earlier

Comparable EPS (non-GAAP), Q3 FY2026

$0.91

$0.82 a year earlier

Latest guidance

Issued

Oct 27, 2026 · 4 items

Quarterly results

Revenue and earnings per share from each of Coca Cola's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q4 FY2026ended Dec 31, 2026	Feb 9, 2027Expected	–	–	–	–	–
Q3 FY2026ended Sep 26, 2026	Oct 27, 2026before the open	$13.40B	+7.2%	$0.93	$0.91	Release
Q2 FY2026ended Jul 3, 2026	Jul 28, 2026before the open	$13.40B	+7.2%	$1.03	$0.97	Release
Q1 FY2026ended Apr 3, 2026	Apr 28, 2026before the open	$12.50B	+12.6%	$0.91	$0.86	Release
Q4 FY2025ended Dec 31, 2025	Feb 10, 2026before the open	$11.80B	+2.6%	$0.53	$0.58	Release
Q3 FY2025ended Sep 26, 2025	Oct 21, 2025before the open	$12.50B	+5.0%	$0.86	$0.82	Release
Q2 FY2025ended Jun 27, 2025	Jul 22, 2025before the open	$12.50B	+0.8%	$0.88	$0.87	Release
Q1 FY2025ended Mar 28, 2025	Apr 29, 2025before the open	$11.10B	-1.8%	$0.77	$0.73	Release
Q4 FY2024ended Dec 31, 2024	Feb 11, 2025before the open	$11.50B	+6.5%	$0.51	$0.55	Release
Q3 FY2024ended Sep 27, 2024	Oct 23, 2024before the open	$11.90B	-0.8%	$0.66	$0.77	Release
Q2 FY2024ended Jun 28, 2024	Jul 23, 2024before the open	$12.40B	+3.3%	$0.56	$0.84	Release
Q1 FY2024ended Mar 29, 2024	Apr 30, 2024before the open	$11.30B	+2.7%	$0.74	$0.72	Release
Q4 FY2023ended Dec 31, 2023	Feb 13, 2024before the open	$10.80B	+6.9%	$0.46	$0.49	Release
Q3 FY2023ended Sep 29, 2023	Oct 24, 2023before the open	$12.00B	+8.1%	$0.71	$0.74	Release
Q2 FY2023ended Jun 30, 2023	Jul 26, 2023before the open	$12.00B	+6.2%	$0.59	$0.78	Release
Q1 FY2023ended Mar 31, 2023	Apr 24, 2023before the open	$11.00B	+4.8%	$0.72	$0.68	Release
Q4 FY2022ended Dec 31, 2022	Feb 14, 2023before the open	$10.10B	+6.3%	$0.47	$0.45	Release
Q3 FY2022ended Sep 30, 2022	Oct 25, 2022before the open	$11.10B	+11.0%	$0.65	$0.69	Release
Q2 FY2022ended Jul 1, 2022	Jul 26, 2022before the open	$11.30B	–	$0.44	$0.70	Release
Q1 FY2022ended Apr 1, 2022	Apr 25, 2022before the open	$10.50B	–	$0.64	$0.64	Release
Q4 FY2021ended Dec 31, 2021	Feb 10, 2022before the open	$9.50B	–	$0.56	$0.45	Release
Q3 FY2021ended Oct 1, 2021	Oct 27, 2021before the open	$10.00B	–	$0.57	$0.65	Release
Q2 FY2021ended Jul 2, 2021	Jul 21, 2021before the open	–	–	–	–	Filing
Q1 FY2021ended Apr 2, 2021	Apr 19, 2021before the open	–	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Feb 10, 2021before the open	–	–	–	–	Filing
Q3 FY2020ended Sep 25, 2020	Oct 22, 2020before the open	–	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Coca Cola's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Organic revenues (non-GAAP)non-GAAP	FY2026	+5%	–	New	Oct 27, 2026
Organic revenues (non-GAAP)non-GAAP	FY2026	+5%	+4% – +5%	Raised	Jul 28, 2026
comparable currency neutral EPS excluding acquisitions and divestitures (non-GAAP) growthnon-GAAP	FY2026	+6% – +7%	+5% – +6%	Lowered	Apr 28, 2026
Comparable EPS (non-GAAP)non-GAAP	FY2026	+11%	–	New	Oct 27, 2026
free cash flow (non-GAAP)non-GAAP	FY2026	$12.20B	$12.20B	Reaffirmed	Apr 28, 2026
Free cash flow (non-GAAP)non-GAAP	FY2026	$13.00B	–	New	Oct 27, 2026
capital expenditures	FY2026	$2.20B	–	New	Oct 27, 2026
capital expendituresnon-GAAP	FY2026	$2.20B	–	New	Jul 28, 2026
capital expendituresGAAP	FY2026	$2.20B	–	New	Apr 28, 2026
capital expenditures	FY2026	$2.20B	–	New	Feb 10, 2026
cash flow from operationsGAAP	FY2026	$14.40B	–	New	Apr 28, 2026
cash flow from operations	FY2026	$14.40B	–	New	Feb 10, 2026
Comparable EPS (non-GAAP) percentage growth currency tailwindnon-GAAP	FY2026	3%	–	Lowered	Feb 10, 2026
Comparable EPS (non-GAAP) percentage growth headwind from acquisitions and divestituresnon-GAAP	FY2026	-1%	–	Lowered	Feb 10, 2026
comparable net revenues currency tailwindnon-GAAP	FY2026	1%	–	New	Feb 10, 2026
comparable net revenues headwind from acquisitions and divestituresnon-GAAP	FY2026	-4%	–	Lowered	Feb 10, 2026
underlying effective tax rate (non-GAAP)non-GAAP	FY2026	20.9%	–	Raised	Feb 10, 2026

Guidance history

Every forecast Coca Cola put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Oct 27, 2026	capital expenditures	FY2026	$2.20B	New
Oct 27, 2026	Comparable EPS (non-GAAP)	FY2026	+11%	New
Oct 27, 2026	Free cash flow (non-GAAP)	FY2026	$13.00B	New
Oct 27, 2026	Organic revenues (non-GAAP)	FY2026	+5%	New
Jul 28, 2026	capital expenditures	FY2026	$2.20B	New
Jul 28, 2026	Organic revenues (non-GAAP)	FY2026	+5%	Raised
Apr 28, 2026	capital expenditures	FY2026	$2.20B	New
Apr 28, 2026	comparable currency neutral EPS excluding acquisitions and divestitures (non-GAAP) growth	FY2026	+6% – +7%	Lowered
Apr 28, 2026	comparable EPS (non-GAAP) growth	FY2026	+8% – +9%	Raised
Apr 28, 2026	free cash flow (non-GAAP)	FY2026	$12.20B	Reaffirmed
Apr 28, 2026	cash flow from operations	FY2026	$14.40B	New
Apr 28, 2026	organic revenue (non-GAAP) growth	FY2026	+4% – +5%	Reaffirmed
Feb 10, 2026	capital expenditures	FY2026	$2.20B	New
Feb 10, 2026	comparable currency neutral EPS excluding acquisitions and divestitures (non-GAAP) growth	FY2026	+5% – +6%	New
Feb 10, 2026	comparable EPS (non-GAAP) growth	FY2026	+7% – +8%	Raised
Feb 10, 2026	free cash flow (non-GAAP)	FY2026	$12.20B	New
Feb 10, 2026	Comparable EPS (non-GAAP) percentage growth headwind from acquisitions and divestitures	FY2026	-1%	Lowered
Feb 10, 2026	comparable net revenues currency tailwind	FY2026	1%	New
Feb 10, 2026	comparable net revenues headwind from acquisitions and divestitures	FY2026	-4%	Lowered
Feb 10, 2026	underlying effective tax rate (non-GAAP)	FY2026	20.9%	Raised
Feb 10, 2026	Comparable EPS (non-GAAP) percentage growth currency tailwind	FY2026	3%	Lowered
Feb 10, 2026	cash flow from operations	FY2026	$14.40B	New
Feb 10, 2026	Comparable net revenues (non-GAAP) currency tailwind	Q1 FY2026	2%	New
Feb 10, 2026	Comparable net revenues (non-GAAP) headwind from acquisitions and divestitures	Q1 FY2026	-1%	Lowered
Feb 10, 2026	Comparable EPS (non-GAAP) percentage growth currency tailwind	Q1 FY2026	2%	Raised
Feb 10, 2026	organic revenue (non-GAAP) growth	FY2026	+4% – +5%	New
Oct 21, 2025	capital expenditures	FY2025	$2.20B	New
Oct 21, 2025	comparable EPS (non-GAAP) growth	FY2025	+3%	Lowered
Oct 21, 2025	comparable currency neutral EPS (non-GAAP) growth	FY2025	+8%	Raised
Oct 21, 2025	free cash flow excluding the fairlife contingent consideration payment (non-GAAP)	FY2025	$9.80B	Raised
Oct 21, 2025	organic revenue (non-GAAP) growth	FY2025	+5% – +6%	Reaffirmed
Jul 22, 2025	capital expenditures	FY2025	$2.20B	New
Jul 22, 2025	comparable currency neutral EPS (non-GAAP) growth	FY2025	+8%	New
Jul 22, 2025	comparable EPS (non-GAAP) growth	FY2025	+3%	Lowered
Jul 22, 2025	free cash flow excluding the fairlife contingent consideration payment (non-GAAP)	FY2025	$9.50B	New
Jul 22, 2025	underlying effective tax rate (non-GAAP)	FY2025	20.8%	New
Jul 22, 2025	cash flow from operations excluding the fairlife contingent consideration payment (non-GAAP)	FY2025	$11.70B	New
Jul 22, 2025	organic revenue (non-GAAP) growth	FY2025	+5% – +6%	New
Apr 29, 2025	capital expenditures	FY2025	$2.20B	New
Apr 29, 2025	comparable EPS (non-GAAP) growth	FY2025	+2% – +3%	Lowered
Apr 29, 2025	comparable currency neutral EPS (non-GAAP) growth	FY2025	+7% – +9%	Raised
Apr 29, 2025	free cash flow excluding the fairlife contingent consideration payment (non-GAAP)	FY2025	$9.50B	Reaffirmed
Apr 29, 2025	organic revenue (non-GAAP) growth	FY2025	+5% – +6%	Reaffirmed
Feb 11, 2025	capital expenditures	FY2025	$2.20B	New
Feb 11, 2025	comparable EPS (non-GAAP) growth	FY2025	+2% – +3%	New
Feb 11, 2025	free cash flow excluding the fairlife contingent consideration payment (non-GAAP)	FY2025	$9.50B	New
Feb 11, 2025	comparable currency neutral EPS (non-GAAP) growth	FY2025	+8% – +10%	New
Feb 11, 2025	cash flow from operations excluding the fairlife contingent consideration payment (non-GAAP)	FY2025	$11.70B	New
Feb 11, 2025	organic revenue (non-GAAP) growt h	FY2025	+5% – +6%	New
Oct 23, 2024	capital expenditures	FY2024	$2.20B	Reaffirmed
Oct 23, 2024	comparable EPS (non-GAAP) growth	FY2024	+5% – +6%	Lowered
Oct 23, 2024	comparable currency neutral EPS (non-GAAP) growth	FY2024	+14% – +15%	Raised
Oct 23, 2024	free cash flow excluding the IRS tax litigation deposit (non-GAAP)	FY2024	$9.20B	Reaffirmed
Oct 23, 2024	cash flow from operations excluding the IRS tax litigation deposit (non-GAAP)	FY2024	$11.40B	New
Oct 23, 2024	underlying effective tax rate (non-GAAP)	FY2024	18.8%	Lowered
Oct 23, 2024	organic revenue (non-GAAP) growth	FY2024	+10%	Raised
Jul 23, 2024	capital expenditures	FY2024	$2.20B	Reaffirmed
Jul 23, 2024	comparable EPS (non-GAAP) growth	FY2024	+5% – +6%	Raised
Jul 23, 2024	free cash flow (non-GAAP)	FY2024	$9.20B	Reaffirmed
Jul 23, 2024	underlying effective tax rate (non-GAAP)	FY2024	19%	Reaffirmed
Jul 23, 2024	organic revenue (non-GAAP) growth	FY2024	+9% – +10%	Raised
Apr 30, 2024	capital expenditures	FY2024	$2.20B	New
Apr 30, 2024	comparable EPS (non-GAAP) growth	FY2024	+4% – +5%	Reaffirmed
Apr 30, 2024	free cash flow (non-GAAP)	FY2024	$9.20B	Reaffirmed
Apr 30, 2024	underlying effective tax rate (non-GAAP)	FY2024	19%	Lowered
Apr 30, 2024	cash flow from operations	FY2024	$11.40B	New
Apr 30, 2024	organic revenue (non-GAAP) growth	FY2024	+8% – +9%	Raised
Feb 13, 2024	capital expenditures	FY2024	$2.20B	New
Feb 13, 2024	comparable EPS (non-GAAP) growth	FY2024	+4% – +5%	New
Feb 13, 2024	free cash flow (non-GAAP)	FY2024	$9.20B	New
Feb 13, 2024	underlying effective tax rate (non-GAAP)	FY2024	19.2%	New
Feb 13, 2024	organic revenue (non-GAAP) growth	FY2024	+6% – +7%	New
Oct 24, 2023	capital expenditures	FY2023	$1.90B	Reaffirmed
Oct 24, 2023	comparable EPS (non-GAAP) growth	FY2023	+7% – +8%	Raised
Oct 24, 2023	free cash flow (non-GAAP)	FY2023	$9.50B	Reaffirmed
Oct 24, 2023	organic revenue (non-GAAP) growth	FY2023	+10% – +11%	Raised
Jul 26, 2023	capital expenditures	FY2023	$1.90B	Reaffirmed
Jul 26, 2023	comparable EPS (non-GAAP) growth	FY2023	+5% – +6%	Raised
Jul 26, 2023	free cash flow (non-GAAP)	FY2023	$9.50B	Reaffirmed
Jul 26, 2023	underlying effective tax rate (non-GAAP)	FY2023	19.3%	Lowered
Jul 26, 2023	cash flow from operations	FY2023	$11.40B	Reaffirmed
Jul 26, 2023	organic revenue (non-GAAP) growth	FY2023	+8% – +9%	Raised
Apr 24, 2023	capital expenditures	FY2023	$1.90B	Reaffirmed
Apr 24, 2023	comparable EPS (non-GAAP) growth	FY2023	+4% – +5%	Reaffirmed
Apr 24, 2023	free cash flow (non-GAAP)	FY2023	$9.50B	Reaffirmed
Apr 24, 2023	underlying effective tax rate (non-GAAP)	FY2023	19.5%	Reaffirmed
Apr 24, 2023	organic revenue (non-GAAP) growth	FY2023	+7% – +8%	Reaffirmed
Feb 14, 2023	capital expenditures	FY2023	$1.90B	New
Feb 14, 2023	comparable EPS (non-GAAP)	FY2023	+4% – +5%	New
Feb 14, 2023	free cash flow (non-GAAP)	FY2023	$9.50B	New
Feb 14, 2023	underlying effective tax rate (non-GAAP)	FY2023	19.5%	New
Feb 14, 2023	cash flow from operations	FY2023	$11.40B	New
Feb 14, 2023	organic revenue (non-GAAP)	FY2023	+7% – +8%	New
Oct 25, 2022	capital expenditures	FY2022	$1.50B	Reaffirmed
Oct 25, 2022	comparable EPS (non-GAAP)	FY2022	+6% – +7%	Raised
Oct 25, 2022	free cash flow (non-GAAP)	FY2022	$10.50B	Reaffirmed
Oct 25, 2022	organic revenue (non-GAAP)	FY2022	+14% – +15%	Raised
Jul 26, 2022	capital expenditures	FY2022	$1.50B	New
Jul 26, 2022	comparable EPS (non-GAAP) growth	FY2022	+5% – +6%	Reaffirmed
Jul 26, 2022	free cash flow (non-GAAP)	FY2022	$10.50B	Reaffirmed
Jul 26, 2022	underlying effective tax rate (non-GAAP)	FY2022	19.5%	Reaffirmed
Jul 26, 2022	cash flow from operations	FY2022	$12.00B	New
Jul 26, 2022	organic revenue (non-GAAP) growth	FY2022	+12% – +13%	Raised
Apr 25, 2022	capital expenditures	FY2022	$1.50B	Reaffirmed
Apr 25, 2022	comparable EPS (non-GAAP) growth	FY2022	+5% – +6%	Reaffirmed
Apr 25, 2022	free cash flow (non-GAAP)	FY2022	$10.50B	Reaffirmed
Apr 25, 2022	underlying effective tax rate (non-GAAP)	FY2022	19.5%	Lowered
Apr 25, 2022	cash flow from operations	FY2022	$12.00B	Reaffirmed
Apr 25, 2022	organic revenue (non-GAAP) growth	FY2022	+7% – +8%	Reaffirmed
Feb 10, 2022	capital expenditures	FY2022	$1.50B	New
Feb 10, 2022	comparable EPS (non-GAAP)	FY2022	+5% – +6%	New
Feb 10, 2022	free cash flow (non-GAAP)	FY2022	$10.50B	New
Feb 10, 2022	underlying effective tax rate (non-GAAP)	FY2022	20%	New
Feb 10, 2022	cash flow from operations	FY2022	$12.00B	New
Feb 10, 2022	organic revenue (non-GAAP)	FY2022	+7% – +8%	New
Oct 27, 2021	capital expenditures	FY2021	$1.50B	New
Oct 27, 2021	comparable EPS (non-GAAP)	FY2021	+15% – +17%	New
Oct 27, 2021	free cash flow (non-GAAP)	FY2021	$10.50B	New
Oct 27, 2021	underlying effective tax rate (non-GAAP)	FY2021	18.6%	New
Oct 27, 2021	cash flow from operations	FY2021	$12.00B	New
Oct 27, 2021	organic revenue (non-GAAP)	FY2021	+13% – +14%	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.