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Coca-Cola KO Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue for Reportable Segments by Business
Bottling investments$5.9B+3.1%$5.73B-0.6%$5.76B+0.5%$5.73B-2.2%$5.86B-5.7%
EMEA$11.16B+3.0%$10.83B+1.0%$10.72B+2.5%$10.46B+1.3%$10.32B+0.4%
Latin America$6.53B+3.2%$6.33B+0.8%$6.28B-1.1%$6.35B-1.0%$6.42B-0.8%
North America$20.11B+2.7%$19.58B+1.1%$19.37B+1.1%$19.15B+0.8%$19B+0.7%
Net Operating Revenues by Product
Concentrate operations$28.66B+2.8%$27.87B-5.8%$29.6B+4.0%$28.46B+2.9%$27.66B-0.2%
Finished product operations$20.62B+2.8%$20.07B+11.1%$18.06B-2.9%$18.6B-3.2%$19.23B-0.6%
Net Operating Revenues by Geography
Non-US$29.67B+3.0%$28.81B+0.2%$28.76B+1.4%$28.37B-0.1%$28.39B-1.1%
UNITED STATES$19.62B+2.6%$19.13B+1.2%$18.91B+1.2%$18.69B+1.1%$18.5B+0.7%

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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.