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Coca-Cola KO Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue for Reportable Segments by Business
Bottling investments$1.64B+12.1%$1.51B-2.4%$1.34B+2.3%$1.41B-8.3%$1.46B-19.5%
EMEA$2.81B+13.1%$2.53B+4.6%$2.82B+10.3%$3.01B+4.7%$2.48B+1.9%
Latin America$1.68B+13.6%$1.7B+2.9%$1.57B-4.3%$1.59B-3.9%$1.48B-3.5%
North America$4.89B+12.2%$4.94B+4.5%$5.25B+4.2%$5.03B+3.2%$4.36B+3.2%
Net Operating Revenues by Product
Concentrate operations$7.39B+12.0%$4.79B-26.5%$8.2B+16.2%$8.29B+10.6%$6.59B-0.9%
Finished product operations$5.09B+12.2%$7.03B+39.9%$4.26B-11.2%$4.25B-12.8%$4.54B-2.4%
Net Operating Revenues by Geography
Non-US$7.73B+12.4%$7B+0.8%$7.34B+5.6%$7.6B-0.3%$6.88B-4.3%
UNITED STATES$4.75B+11.6%$4.82B+4.8%$5.12B+4.4%$4.94B+4.1%$4.25B+3.3%

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Questions, answered.

How does Coca-Cola break its business down?
Coca-Cola (KO) reports revenue for reportable segments by business across 4 parts — Bottling investments, EMEA, Latin America and North America. Each is extracted from the segment footnotes and tracked over time.
Where does Coca-Cola's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Coca-Cola's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.