What is Coca-Cola's shares (diluted)?

Coca-Cola (KO) reported shares (diluted) of 4.3B in Q1 2026.

How has Coca-Cola's shares (diluted) changed year-over-year?

Coca-Cola's shares (diluted) increased by 0.0% year-over-year, from 4.3B to 4.3B.

What is the long-term trend for Coca-Cola's shares (diluted)?

Over 4 years (2021 to 2025), Coca-Cola's shares (diluted) has grown at a -0.1% compound annual growth rate (CAGR), from 17.4B to 17.3B.

What does shares (diluted) mean?

The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

Coca-Cola KO Shares (Diluted)

Shares (Diluted) at other companies

National BeverageFIZZ

93.7M0.0%

PepsiCoPEP

1.4B-0.4%

Boston BeerSAM

10.5M-7.0%

Keurig Dr PepperKDP

1.4B+0.1%

The Vita Coco Company, Inc.COCO

60.5M+0.8%

Primo BrandsPRMB

365.8M-4.1%

Other financials

Income statement

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Revenue$12.5B+12.1%

Gross profit$7.9B+12.7%

Operating income$4.4B+19.1%

Net income$3.9B+17.8%

EPS (diluted)$0.91+18.2%

Balance sheet

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Cash & equivalents$11.0B+24.7%

Total debt$43.6B-10.6%

Total equity$33.6B+28.4%

Total assets$104.22B+2.5%

Cash flow

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Operating cash flow$2.0B+139%

CapEx$266.0M-13.9%

Free cash flow$1.8B+132%

Valuation

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Market cap$349.66B+16.9%

Enterprise value$382.23B+13.1%

P/E25.5×+1.0×

P/S7.1×+0.7×

Profitability

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Gross margin61.7%+0.7pp

Operating margin29.3%+4.8pp

Net margin27.8%+4.8pp

FCF margin25.5%—

Returns & leverage

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Return on equity45.8%+4.8pp

Debt / equity1.3×-0.6×

Current ratio1.4×+0.3×

Where this comes from

Reported directly by Coca-Cola in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The official record: Coca-Cola’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coca-Cola's shares (diluted)?: Coca-Cola (KO) reported shares (diluted) of 4.3B in Q1 2026.
How has Coca-Cola's shares (diluted) changed year-over-year?: Coca-Cola's shares (diluted) increased by 0.0% year-over-year, from 4.3B to 4.3B.
What is the long-term trend for Coca-Cola's shares (diluted)?: Over 4 years (2021 to 2025), Coca-Cola's shares (diluted) has grown at a -0.1% compound annual growth rate (CAGR), from 17.4B to 17.3B.
What does shares (diluted) mean?: The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.