Coca-Cola revenue skyrockets 7% to $13.4 billion in Q3

Full story: https://grafa.com/en/news/united-states/coca-cola-q3-2026-earnings-revenue-guidance

Key points

The Coca-Cola Company (NYSE:KO) reported third-quarter 2026 revenue of $13.4 billion, up 7% year over year, and adjusted earnings of $0.91 per share, beating analysts’ $0.88 estimate.
Global unit case volume increased 5%, while operating margin improved to 33.4% from 32.0% a year earlier.
Coca-Cola raised its full-year adjusted earnings growth outlook to at least 11% and its free cash flow target to at least $13 billion.

The Coca-Cola Company (NYSE:KO) reported third-quarter 2026 revenue of $13.4 billion, up 7% year over year, while adjusted earnings rose 11% to $0.91 per share, exceeding analysts’ $0.88 consensus estimate.

Revenue exceeded the approximately $12.93 billion expected by analysts, while reported earnings per share increased 8% to $0.93 compared with the third quarter of 2025.

Global unit case volume rose 5%, organic revenue increased 7%, and operating margin expanded to 33.4% from 32.0%, while Coca-Cola Zero Sugar volume grew 16%.

The company raised its full-year organic revenue growth outlook to at least 5%, adjusted earnings per share growth to at least 11%, and free cash flow target to at least $13 billion from approximately $12.4 billion previously.

The results were supported by demand across beverage categories, including 5% growth in Trademark Coca-Cola volume and 16% growth in Coca-Cola Zero Sugar.

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Global unit case volume increased 5%, while operating margin improved to 33.4% from 32.0% a year earlier. Coca-Cola raised its full-year adjusted earnings growth outlook to at least 11% and its free cash flow target to at least $13 billion. The Coca-Cola Company (NYSE:KO) reported third-quarter 2026 revenue of $13.4 billion, up 7% year over year, while adjusted earnings rose 11% to $0.91 per share, exceeding analysts’ $0.88 consensus estimate. Revenue exceeded the approximately $12.93 billion expected by analysts, while reported earnings per share increased 8% to $0.93 compared with the third quarter of 2025. Global unit case volume rose 5%, organic revenue increased 7%, and operating margin expanded to 33.4% from 32.0%, while Coca-Cola Zero Sugar volume grew 16%. The company raised its full-year organic revenue growth outlook to at least 5%, adjusted earnings per share growth to at least 11%, and free cash flow target to at least $13 billion from approximately $12.4 billion previously. 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