KO · 10-Q · 2026Q4

COCA COLA CO

Filed 2026-10-28 · Consumer · View original filing on EDGAR

Ranked Events

• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Net cash provided by operating activities increased to $12.471 billion for the nine months ended October 2, 2026, from $3.652 billion in the comparable 2025 period. The increase reflected strong cash operating results,…
• IRS Tax LitigationImportance 64 · Surprise 42
  The IRS litigation concerns tax years 2007 through 2009; Coca-Cola paid $6.0 billion, including applicable interest, in September 2024 after the Tax Court decision, and the company reported a related accrued interest…
• Income Tax Rate ChangesImportance 58 · Surprise 56
  For the three months ended October 2, 2026, Coca-Cola recorded income taxes of $777 million at a 16.1% effective tax rate, compared with $500 million at 11.9% a year earlier. For the nine-month periods, the effective…
• Quarterly Dividend DeclarationImportance 56 · Surprise 46
  Coca-Cola paid dividends of $6.842 billion during the nine months ended October 2, 2026, compared with $4.391 billion in the comparable 2025 period. The company attributed the difference partly to reporting-period and…
• Other Income (Expense), NetImportance 54 · Surprise 74
  Other income (loss)—net was a loss of $155 million in the three months ended October 2, 2026, compared with a $237 million loss a year earlier. The 2026 quarter included $194 million of non-service pension costs,…
• Operating Income and MarginsImportance 54 · Surprise 40
  Operating income increased 12% to $4,465 million for the three months ended October 2, 2026, and increased 13% to $13,496 million for the nine months. Consolidated operating margin rose to 33.4% from 32.0% for the…
• Competition and Market ShareImportance 46 · Surprise 42
  The company said BodyArmor’s operating results and lower expectations for future performance prompted a reassessment of its trademark projections. The revised projections reflected a slowing long-term growth rate for…
• Market Demand TrendsImportance 43 · Surprise 32
  Worldwide concentrate sales volume increased 6% and unit case volume increased 5% in the third quarter of 2026; for the first nine months, concentrate sales volume rose 6% and unit case volume rose 4%. Unit case volume…
• Revenue Performance and MixImportance 43 · Surprise 32
  For the three months ended October 2, 2026, net operating revenues increased 7% to $13,380 million from $12,455 million; for the nine months, they increased 9% to $39,232 million from $36,119 million. Worldwide…
• Share Repurchase ProgramImportance 40 · Surprise 56
  During the nine months ended October 2, 2026, Coca-Cola spent $900 million on treasury stock purchases, including repurchasing 10.0 million shares under its Board-authorized plan for $787 million at an average $78.77…
• Liquidity and Cash PositionImportance 37 · Surprise 6
  Cash, cash equivalents, short-term investments and marketable securities totaled $16.6 billion as of October 2, 2026. Coca-Cola also had $6.6 billion of unused backup credit lines for general corporate purposes,…
• OECD Global Minimum TaxImportance 34 · Surprise 42
  The OECD Pillar Two model rules establish a 15% global per-country minimum tax, with numerous countries implementing provisions effective in 2024 or 2025. In January 2026, the OECD issued guidance for a side-by-side…
• Interest Income TrendsImportance 34 · Surprise 30
  Interest income increased 21% to $224 million for the three months ended October 2, 2026, from $185 million a year earlier. For the nine months, interest income increased 17% to $644 million from $553 million. The…
• Capital Expenditure OutlookImportance 32 · Surprise 40
  Coca-Cola expected 2026 capital expenditures of approximately $2.2 billion. Purchases of property, plant and equipment were $1.063 billion during the nine months ended October 2, 2026, compared with $1.230 billion in…
• Geographic Market CommentaryImportance 31 · Surprise 32
  Third-quarter unit case volume increased 5% in EMEA, 6% in Latin America and Asia Pacific, and was even in North America; Bottling Investments volume rose 8%, primarily on growth in India and Africa. EMEA growth…
• Gross Margin DriversImportance 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…
• Operating Expense TrendsImportance 29 · Surprise 22
  Selling, general and administrative expenses rose 10% to $3,975 million in the three months ended October 2, 2026, from $3,618 million, primarily due to increased marketing spending and annual incentive expense timing.…
• FX / Currency ImpactImportance 25 · Surprise 32
  Coca-Cola says its international operations face currency fluctuations and governmental actions, and that it monitors country-level economic and political environments. Hedging is intended to mitigate part of the…
• Receivables Factoring ActivityImportance 23 · Surprise 22
  Coca-Cola sold $10.629 billion of trade accounts receivable through its factoring program during the nine months ended October 2, 2026, down from $11.822 billion in the comparable 2025 period, a decrease of about…

Revenue by Product (in millions)

Revenue by Geography (in millions)