KO · 10-Q · 2026Q4 · Full report

Gross Margin Drivers

COCA COLA CO · 2026-10-28 · Importance 31 · Surprise 32

Consolidated gross profit margin increased to 63.2% for the three months ended October 2, 2026, from 61.5% a year earlier. For the nine months, gross margin increased to 63.0% from 62.1%. The Company attributed the increases primarily to pricing initiatives, foreign currency exchange rate fluctuations, commodity cost stabilization and the sale of its finished-product operations in Nigeria.

Key facts

• Gross profit margin was 63.2% for the three months ended October 2, 2026, compared with 61.5% in the prior-year quarter. source
• Gross profit margin was 63.0% for the nine months ended October 2, 2026, compared with 62.1% in the prior-year period. source
• Gross margin increases were primarily due to pricing initiatives, foreign currency fluctuations, commodity cost stabilization, and the sale of finished product operations in Nigeria. source