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Coca-Cola KO EMEA — Net Operating Revenues

Other segment segments

North America
$5.41B+7.5%
Latin America
$1.84B+15.9%
Bottling investments
$1.53B+8.2%

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CTKBEMEA — Total revenue, net
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Other financials

Income statement

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Revenue$13.4B+6.7%
Gross profit$8.4B+7.6%
Operating income$4.7B+9.2%
Net income$4.4B+16.1%
EPS (diluted)$1.03+17.0%

Balance sheet

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Cash & equivalents$13.2B+29.4%
Total debt$50.0B+1.8%
Total equity$36.2B+26.5%
Total assets$107.92B+3.4%

Cash flow

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Operating cash flow$5.5B+44.9%
CapEx$418.0M-5.4%
Free cash flow$5.1B+51.5%

Valuation

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Market cap$373.59B+24.9%
Enterprise value$410.37B+21.4%
P/E26.1×+1.5×
P/S7.5×+1.1×

Profitability

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Gross margin61.9%+0.5pp
Operating margin29.6%+1.7pp
Net margin28.6%+2.7pp
FCF margin28.5%

Returns & leverage

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Return on equity44.2%-0.5pp
Debt / equity1.4×-0.3×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Coca-Cola in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Coca-Cola’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050503
Three Months Ended July 3, 2026EMEALatin AmericaNorth AmericaAsia PacificBottling InvestmentsOperating Segments TotalCorporateEliminationsConsolidated
Net operating revenues:
Third party$3,087$1,839$5,405$1,487$1,525$13,343$37$13,380
Intersegment1533942252(252)
Total net operating revenues3,2401,8395,4081,5811,52713,59537(252)13,380
Cost of goods sold8082752,6594701,0675,279(62)(252)4,965
Selling, general and administrative expenses1,1233871,0484553693,3823383,720
Other operating charges661723
Operating income (loss)$1,309$1,177$1,695$656$91$4,928$(256)$4,672

Item 1. Financial Statements

FAQ

What is Coca-Cola's EMEA — net operating revenues?
Coca-Cola (KO) reported EMEA — net operating revenues of $3.24B in Q2 2026.
How has Coca-Cola's EMEA — net operating revenues changed year-over-year?
Coca-Cola's EMEA — net operating revenues increased by 2.0% year-over-year, from $3.18B to $3.24B.
What is the long-term trend for Coca-Cola's EMEA — net operating revenues?
Over 4 years (2021 to 2025), Coca-Cola's EMEA — net operating revenues has grown at a 12.5% compound annual growth rate (CAGR), from $7.19B to $11.51B.
What does EMEA — net operating revenues mean?
The total revenue generated by the EMEA segment after accounting for intersegment eliminations and adjustments. It represents the final top-line contribution of the region to the consolidated corporate financial statements.

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