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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+8.3%$1.51B+12.5%$1.34B-4.6%$1.41B-3.6%$1.46B-5.7%
EMEA$2.81B+11.1%$2.53B-10.4%$2.82B-6.3%$3.01B+21.2%$2.48B+2.7%
Latin America$1.68B-1.0%$1.7B+7.8%$1.57B-0.9%$1.59B+7.4%$1.48B-10.3%
North America$4.89B-1.1%$4.94B-5.8%$5.25B+4.4%$5.03B+15.3%$4.36B-7.8%
Net Operating Revenues by Product
Concentrate operations$7.39B+54.1%$4.79B-41.5%$8.2B-1.1%$8.29B+25.7%$6.59B+1.2%
Finished product operations$5.09B-27.6%$7.03B+65.1%$4.26B+0.3%$4.25B-6.4%$4.54B-9.8%
Net Operating Revenues by Geography
Non-US$7.73B+10.4%$7B-4.6%$7.34B-3.5%$7.6B+10.5%$6.88B-1.0%
UNITED STATES$4.75B-1.6%$4.82B-5.8%$5.12B+3.7%$4.94B+16.0%$4.25B-7.6%

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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.