The Coca-Cola Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	47,941	47,061	45,754	43,004	38,655
Revenue Growth (YoY)	1.87%	2.86%	6.40%	11.25%	17.09%
Cost of Revenue	18,397	18,324	18,520	18,000	15,357
Gross Profit	29,544	28,737	27,234	25,004	23,298
Selling, General & Admin	14,521	14,442	13,988	12,660	11,865
Other Operating Expenses	60	-6	-	-2	-
Operating Expenses	14,581	14,436	13,988	12,663	11,865
Operating Income	14,963	14,301	13,246	12,341	11,433
Interest Expense	-1,654	-1,656	-1,527	-882	-1,597
Interest & Investment Income	786	1,193	1,115	449	276
Earnings From Equity Investments	2,031	1,770	1,691	1,472	1,438
Currency Exchange Gain (Loss)	-	-180	-312	-	-
Other Non Operating Income (Expenses)	425	-107	-60	-143	-3
EBT Excluding Unusual Items	16,551	15,321	14,153	13,237	11,547
Merger & Restructuring Charges	-122	-148	-273	-155	-767
Impairment of Goodwill	-	-6	-	-	-
Gain (Loss) on Sale of Investments	2,243	1,098	344	-491	2,110
Gain (Loss) on Sale of Assets	-1,582	891	439	153	-
Asset Writedown	-1,045	-949	-	-57	-78
Legal Settlements	-	2	-8	-	-15
Other Unusual Items	-47	-3,123	-1,703	-1,001	-372
Pretax Income	15,998	13,086	12,952	11,686	12,425
Income Tax Expense	2,861	2,437	2,249	2,115	2,621
Earnings From Continuing Operations	13,137	10,649	10,703	9,571	9,804
Minority Interest in Earnings	-30	-18	11	-29	-33
Net Income	13,107	10,631	10,714	9,542	9,771
Net Income to Common	13,107	10,631	10,714	9,542	9,771
Net Income Growth	23.29%	-0.78%	12.28%	-2.34%	26.13%
Shares Outstanding (Basic)	4,303	4,309	4,323	4,328	4,315
Shares Outstanding (Diluted)	4,313	4,320	4,339	4,350	4,340
Shares Change (YoY)	-0.16%	-0.44%	-0.25%	0.23%	0.39%
EPS (Basic)	3.05	2.47	2.48	2.20	2.26
EPS (Diluted)	3.04	2.46	2.47	2.19	2.25
EPS Growth	23.58%	-0.40%	12.78%	-2.67%	25.70%
Free Cash Flow	5,296	4,741	9,747	9,534	11,258
Free Cash Flow Per Share	1.23	1.10	2.25	2.19	2.59
Dividend Per Share	2.040	1.940	1.840	1.760	1.680
Dividend Growth	5.16%	5.44%	4.54%	4.76%	2.44%
Gross Margin	61.63%	61.06%	59.52%	58.14%	60.27%
Operating Margin	31.21%	30.39%	28.95%	28.70%	29.58%
Profit Margin	27.34%	22.59%	23.42%	22.19%	25.28%
Free Cash Flow Margin	11.05%	10.07%	21.30%	22.17%	29.12%
EBITDA	16,013	15,376	14,374	13,601	12,885
EBITDA Margin	33.40%	32.67%	31.42%	31.63%	33.33%
D&A For EBITDA	1,050	1,075	1,128	1,260	1,452
EBIT	14,963	14,301	13,246	12,341	11,433
EBIT Margin	31.21%	30.39%	28.95%	28.70%	29.58%
Effective Tax Rate	17.88%	18.62%	17.36%	18.10%	21.09%
Advertising Expenses	-	5,146	5,010	4,000	4,000

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q