Coca-Cola SG&A decreased by 17.3% to $3.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $3.23B to $3.47B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Detailed definition
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Peer comparison
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrativeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.02B | $3.12B | $3.34B | $2.97B | $3.20B | $3.28B | $3.43B | $3.19B | $3.32B | $3.67B | $3.80B | $3.35B | $3.55B | $3.64B | $4.05B | $3.23B | $3.47B | $3.62B | $4.20B | $3.47B |
| QoQ Change | — | +3.5% | +6.9% | -11.1% | +8.0% | +2.4% | +4.6% | -7.2% | +4.3% | +10.4% | +3.6% | -11.8% | +5.9% | +2.5% | +11.3% | -20.1% | +7.3% | +4.3% | +16.1% | -17.3% |
| YoY Change | — | — | — | — | +6.2% | +5.0% | +2.8% | +7.3% | +3.7% | +11.8% | +10.7% | +5.2% | +6.9% | -0.8% | +6.5% | -3.5% | -2.2% | -0.5% | +3.8% | +7.4% |
Business Segments — A.Pacific
| Segment | FY'22 | FY'23 |
|---|---|---|
| A.Pacific | $1.68B | $1.78B |
| Total | $12.88B | $13.97B |
All segment values are derived from annual filings.
A.Pacific was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — EMEA
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| EMEA | — | — | — | $833.00M | $956.00M | $1.03B | $1.10B | $984.00M |
| North America | — | — | — | $914.00M | $1.00B | $1.05B | $1.15B | $951.00M |
| Latin America | — | — | — | $299.00M | $336.00M | $395.00M | $409.00M | $366.00M |
| Bottling investments | — | — | — | $334.00M | $334.00M | $334.00M | $359.00M | $338.00M |
| Asia Pacific | $440.00M | $448.00M | — | $407.00M | $449.00M | $514.00M | — | — |
| Corporate | $437.00M | $494.00M | $878.00M | $447.00M | $392.00M | $294.00M | — | — |
| Eliminations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Global Ventures | $350.50M | $350.50M | $350.50M | — | — | — | — | — |
| Total | $3.55B | $3.64B | $4.05B | $3.23B | $3.47B | $3.62B | $4.20B | $3.47B |
Global Ventures is derived from annual filings.
Asia Pacific, Corporate, Eliminations, Global Ventures were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
SG&A at Other Companies
Frequently Asked Questions
- What is Coca-Cola's sg&a?
- Coca-Cola (KO) reported sg&a of $3.47B in Q1 2026.
- How has Coca-Cola's sg&a changed year-over-year?
- Coca-Cola's sg&a increased by 7.4% year-over-year, from $3.23B to $3.47B.
- What is the long-term trend for Coca-Cola's sg&a?
- Over 4 years (2021 to 2025), Coca-Cola's sg&a has grown at a 4.6% compound annual growth rate (CAGR), from $12.14B to $14.52B.
- What does sg&a mean?
- The overhead costs of running the business, including sales, marketing, and general corporate expenses.