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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+0.7%$5.73B-7.9%$5.76B-13.7%$5.73B-20.6%$5.86B-24.1%
EMEA$11.16B+8.1%$10.83B+5.4%$10.72B-11.6%$10.46B-9.7%$10.32B-4.0%
Latin America$6.53B+1.8%$6.33B-2.2%$6.28B-0.6%$6.35B+1.6%$6.42B+7.4%
North America$20.11B+5.9%$19.58B+3.8%$19.37B+5.4%$19.15B+7.6%$19B+9.9%
Net Operating Revenues by Product
Concentrate operations$28.66B+3.6%$27.87B+0.5%$29.6B+9.0%$28.46B+4.2%$27.66B+3.0%
Finished product operations$20.62B+7.3%$20.07B+3.8%$18.06B-6.0%$18.6B-2.9%$19.23B+0.1%
Net Operating Revenues by Geography
Non-US$29.67B+4.5%$28.81B+0.4%$28.76B+0.5%$28.37B-2.9%$28.39B-2.9%
UNITED STATES$19.62B+6.1%$19.13B+4.2%$18.91B+6.5%$18.69B+8.3%$18.5B+10.0%

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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.