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Coca-Cola KO North America — Net Operating Revenues

Other segment segments

EMEA
$3.24B+2.0%
Latin America
$1.84B+15.9%
Bottling investments
$1.53B+8.2%

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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 north america — net operating revenues?
Coca-Cola (KO) reported north america — net operating revenues of $5.41B in Q2 2026.
How has Coca-Cola's north america — net operating revenues changed year-over-year?
Coca-Cola's north america — net operating revenues increased by 7.5% year-over-year, from $5.03B to $5.41B.
What is the long-term trend for Coca-Cola's north america — net operating revenues?
Over 4 years (2021 to 2025), Coca-Cola's north america — net operating revenues has grown at a 10.4% compound annual growth rate (CAGR), from $13.19B to $19.59B.
What does north america — net operating revenues mean?
The final revenue figure for the North American segment after accounting for all adjustments, including intersegment eliminations. It represents the actual contribution of the segment to the company's consolidated top-line performance. This is the primary metric for evaluating the segment's market scale and growth trajectory.

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