The Coca-Cola Company (KO) Financial Statements & Analysis

The Coca-Cola Company (KO) Income Statement

The Coca-Cola Company reported revenue of $47.94B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 1.9% from $47.06B a year earlier. Net income was $13.11B, up 23.3% year over year, a net margin of 27.3%. Gross margin was 61.6% and operating margin 31.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jul 3, 2026), revenue was $13.38B, up 6.7% from the same quarter a year earlier.

The Coca-Cola Company Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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The Coca-Cola Company income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	47.94	47.06	45.75	43.00	38.66	33.01	37.27	34.30	36.21
Cost of Revenue	18.40	18.32	18.52	18.00	15.36	13.43	14.62	13.07	13.72
Gross Profit	29.54	28.74	27.23	25.00	23.30	19.58	22.65	21.23	22.49
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	14.52	14.44	13.99	12.66	11.87	9.56	12.01	11.01	12.90
Operating Expenses	14.63	18.75	15.92	14.10	12.99	10.58	12.56	12.08	14.74
Operating Income	14.91	9.99	11.31	10.91	10.31	9.00	10.09	9.15	7.76
Other Income/Expense
Interest Income	0.79	0.99	2.60	1.92	0.28	0.37	0.56	0.69	0.68
Interest Expense	1.65	1.66	-1.53	-0.88	1.60	1.44	0.95	0.95	0.85
Other Income/Expense	1.96	3.09	1.64	0.78	2.12	0.75	0.70	-0.93	-0.87
Income
Income Before Tax	16.00	13.09	12.95	11.69	12.43	9.75	10.79	8.23	6.89
Income Tax Expense	2.86	2.44	2.25	2.12	2.62	1.98	1.80	1.75	5.61
Net Income	13.11	10.63	10.71	9.54	9.77	7.75	8.92	6.43	1.25
Net Income - Continuous Operations	13.14	10.63	10.71	9.54	9.77	7.75	8.92	6.43	1.25
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	18.70	15.82	14.37	13.60	15.47	12.72	13.10	10.26	9.00
EBIT	17.65	14.29	13.25	12.34	11.43	-	-	-	-
Depreciation & Amortization	0.02	1.08	1.13	1.26	1.45	1.54	1.37	1.09	1.26
Earnings Per Share
Basic EPS	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	-
Diluted EPS	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	-
Basic Shares Outstanding	4.30	4.31	4.32	4.33	4.32	4.30	4.28	4.26	4.27
Diluted Shares Outstanding	4.31	4.32	4.34	4.35	4.34	4.32	4.31	4.30	4.32

Source: Company financial statements from annual and quarterly filings. Data as of Jul 3, 2026. Data sources and methodology

Frequently Asked Questions About The Coca-Cola Company Financial Statements

What was The Coca-Cola Company's revenue in fiscal 2025?

The Coca-Cola Company reported revenue of $47.94B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 1.9% from $47.06B a year earlier.

Is The Coca-Cola Company profitable?

Yes. The Coca-Cola Company earned net income of $13.11B in fiscal 2025, a net margin of 27.3%. In fiscal 2024 it earned $10.63B.

What is The Coca-Cola Company's operating margin?

The Coca-Cola Company's operating income was $14.91B on revenue of $47.94B in fiscal 2025, an operating margin of 31.1%, compared with 21.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition