Coca-Cola Co (KO) financial statements: income statement, balance sheet and cash flow
Coca-Cola Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Coca-Cola Co reported revenue of $47.9B (+1.9% year on year) and net income of $13.1B (+23.4% year on year).
Income statement
Coca-Cola Co income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net Operating Revenues
$47.9B
$47.1B
$45.8B
$43.0B
Cost of goods sold
$18.4B
$18.3B
$18.5B
$18.0B
Gross Profit
$29.5B
$28.7B
$27.2B
$25.0B
Selling, general and administrative expenses
$14.5B
$14.6B
$14.0B
$12.9B
Other operating charges
$1.3B
$4.2B
$2.0B
$1.2B
Operating Income
$13.8B
$10.0B
$11.3B
$10.9B
Interest income
$786.0M
$988.0M
$907.0M
$449.0M
Interest expense
$1.7B
$1.7B
$1.5B
$882.0M
Equity income (loss) — net
$2.0B
$1.8B
$1.7B
$1.5B
Other income (loss) — net
$1.1B
$2.0B
$570.0M
($262.0M)
Income Before Income Taxes
$16.0B
$13.1B
$13.0B
$11.7B
Income taxes
$2.9B
$2.4B
$2.2B
$2.1B
Consolidated Net Income
$13.1B
$10.6B
$10.7B
$9.6B
Net Income (Loss) Attributable to Noncontrolling Interest
$30.0M
$18.0M
($11.0M)
$29.0M
Net Income Attributable to Shareowners of The Coca-Cola Company
$13.1B
$10.6B
$10.7B
$9.5B
Basic Net Income Per Share1
$3.05
$2.47
$2.48
$2.20
Diluted Net Income Per Share1
$3.04
$2.46
$2.47
$2.19
Average Shares Outstanding — Basic
4.3B
4.3B
4.3B
4.3B
Effect of dilutive securities
10.0M
11.0M
16.0M
22.0M
Average Shares Outstanding — Diluted
4.3B
4.3B
4.3B
4.3B
Coca-Cola Co income statement, quarters
Line item
Jul 3, 2026 · Q3
Apr 3, 2026 · Q2
Sep 26, 2025 · Q3
Jun 27, 2025 · Q2
Net Operating Revenues
$13.4B
$12.5B
$12.5B
$12.5B
Cost of goods sold
$5.0B
$4.6B
$4.8B
$4.7B
Gross Profit
$8.4B
$7.9B
$7.7B
$7.8B
Selling, general and administrative expenses
$3.7B
$3.5B
$3.6B
$3.5B
Other operating charges
$23.0M
$21.0M
$58.0M
$71.0M
Operating Income
$4.7B
$4.4B
$4.0B
$4.3B
Interest income
$198.0M
$222.0M
$185.0M
$188.0M
Interest expense
$369.0M
$375.0M
$391.0M
$445.0M
Equity income (loss) — net
$604.0M
$384.0M
$644.0M
$561.0M
Other income (loss) — net
$370.0M
$21.0M
($237.0M)
$212.0M
Income Before Income Taxes
$5.5B
$4.6B
$4.2B
$4.8B
Income taxes
$1.0B
$645.0M
$500.0M
$993.0M
Consolidated Net Income
$4.4B
$4.0B
$3.7B
$3.8B
Net Income (Loss) Attributable to Noncontrolling Interest
$13.0M
$42.0M
($13.0M)
($7.0M)
Net Income Attributable to Shareowners of The Coca-Cola Company
$4.4B
$3.9B
$3.7B
$3.8B
Basic Net Income Per Share1
$1.03
$0.91
$0.86
$0.89
Diluted Net Income Per Share1
$1.03
$0.91
$0.86
$0.88
Average Shares Outstanding — Basic
4.3B
4.3B
4.3B
4.3B
Effect of dilutive securities
10.0M
12.0M
10.0M
11.0M
Average Shares Outstanding — Diluted
4.3B
4.3B
4.3B
4.3B
Balance sheet
Coca-Cola Co balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$10.3B
$10.8B
$9.4B
$9.5B
Short-term investments
$3.6B
$2.0B
$3.0B
$1.0B
Total Cash, Cash Equivalents and Short-Term Investments
$13.9B
$12.8B
$12.4B
$10.6B
Marketable securities
$1.9B
$1.7B
$1.3B
$1.1B
Trade accounts receivable, less allowances of $495 and $506, respectively
$3.0B
$3.6B
$3.4B
$3.5B
Inventories
$4.4B
$4.7B
$4.4B
$4.2B
Prepaid expenses and other current assets
$2.4B
$3.1B
$5.2B
$3.2B
Assets held for sale
$5.3B
—
—
—
Total Current Assets
$31.0B
$26.0B
$26.7B
$22.6B
Equity method investments
$20.2B
$18.1B
$19.7B
$18.3B
Deferred income tax assets
$1.2B
$1.3B
$1.6B
$1.7B
Property, plant and equipment — net
$9.6B
$10.3B
$9.2B
$9.8B
Trademarks with indefinite lives
$12.5B
$13.3B
$14.3B
$14.2B
Goodwill
$15.5B
$18.1B
$18.4B
$18.8B
Other noncurrent assets
$14.7B
$13.4B
$7.2B
$6.2B
Total Assets
$104.8B
$100.5B
$97.7B
$92.8B
Accounts payable and accrued expenses
$14.8B
$21.7B
$15.5B
$15.7B
Loans and notes payable
$1.6B
$1.5B
$4.6B
$2.4B
Current maturities of long-term debt
$1.8B
$648.0M
$2.0B
$399.0M
Accrued income taxes
$525.0M
$1.4B
$1.6B
$1.2B
Liabilities held for sale
$2.6B
—
—
—
Total Current Liabilities
$21.3B
$25.2B
$23.6B
$19.7B
Long-term debt
$42.1B
$42.4B
$35.5B
$36.4B
Other noncurrent liabilities
$4.7B
$4.1B
$8.5B
$7.9B
Deferred income tax liabilities
$2.4B
$2.5B
$2.6B
$2.9B
Common stock, $0.25 par value; authorized — 11,200 shares; issued — 7,040 shares
1.8B
1.8B
1.8B
1.8B
Capital surplus
$20.6B
$19.8B
$19.2B
$18.8B
Reinvested earnings
$80.4B
$76.1B
$73.8B
$71.0B
Accumulated other comprehensive income (loss)
($14.1B)
($16.8B)
($14.3B)
($14.9B)
Treasury stock, at cost — 2,738 and 2,738 shares, respectively
-56.4B
-55.9B
-54.5B
-52.6B
Equity Attributable to Shareowners of The Coca-Cola Company
$32.2B
$24.9B
$25.9B
$24.1B
Equity Attributable to Noncontrolling Interests
$2.1B
$1.5B
$1.5B
$1.7B
Total Equity
$34.3B
$26.4B
$27.5B
$25.8B
Total Liabilities and Equity
$104.8B
$100.5B
$97.7B
$92.8B
Coca-Cola Co balance sheet, quarters
Line item
Jul 3, 2026
Apr 3, 2026
Sep 26, 2025
Jun 27, 2025
Cash and cash equivalents
$12.9B
$10.6B
$12.7B
$9.6B
Short-term investments
$622.0M
$509.0M
$1.1B
$2.7B
Total Cash, Cash Equivalents and Short-Term Investments
$13.5B
$11.1B
$13.9B
$12.2B
Marketable securities
$2.8B
$2.7B
$1.9B
$2.0B
Trade accounts receivable, less allowances of $492 and $495, respectively
$3.7B
$3.7B
$3.9B
$4.2B
Inventories
$4.6B
$4.7B
$4.8B
$5.1B
Prepaid expenses and other current assets
$2.7B
$3.0B
$2.7B
$3.1B
Assets held for sale
$5.4B
$5.2B
—
—
Total Current Assets
$32.9B
$30.4B
$27.2B
$26.6B
Equity method investments
$20.8B
$20.4B
$20.3B
$19.4B
Deferred income tax assets
$1.1B
$1.1B
$1.3B
$1.3B
Property, plant and equipment, less accumulated depreciation of $9,328 and $9,119, respectively
$9.6B
$9.5B
$10.9B
$10.8B
Trademarks with indefinite lives
$12.5B
$12.5B
$13.5B
$13.6B
Goodwill
$15.5B
$15.4B
$18.7B
$18.7B
Other noncurrent assets
$15.6B
$14.9B
$14.1B
$14.0B
Total Assets
$107.9B
$104.2B
$106.0B
$104.3B
Accounts payable and accrued expenses
$15.4B
$14.4B
$17.7B
$17.0B
Loans and notes payable
$48.0M
$332.0M
$2.3B
$4.4B
Current maturities of long-term debt
$6.5B
$4.5B
$1.9B
$91.0M
Accrued income taxes
$782.0M
$717.0M
$568.0M
$444.0M
Liabilities held for sale
$2.4B
$2.4B
—
—
Total Current Liabilities
$25.2B
$22.4B
$22.5B
$21.9B
Long-term debt
$37.0B
$39.1B
$43.2B
$45.0B
Other noncurrent liabilities
$4.6B
$4.4B
$4.7B
$4.9B
Deferred income tax liabilities
$2.8B
$2.6B
$2.4B
$2.4B
Common stock, $0.25 par value; authorized — 11,200 shares; issued — 7,040 shares
1.8B
1.8B
1.8B
1.8B
Capital surplus
$20.7B
$20.6B
$20.5B
$20.0B
Reinvested earnings
$84.2B
$82.0B
$80.3B
$78.8B
Accumulated other comprehensive income (loss)
($13.6B)
($14.0B)
($15.0B)
($15.8B)
Treasury stock, at cost — 2,737 and 2,738 shares, respectively
-56.9B
-56.7B
-56.4B
-56.2B
Equity Attributable to Shareowners of The Coca-Cola Company
$36.1B
$33.6B
$31.2B
$28.6B
Equity attributable to noncontrolling interests
$2.2B
$2.1B
$2.0B
$1.6B
Total Equity
$38.3B
$35.7B
$33.3B
$30.2B
Total Liabilities and Equity
$107.9B
$104.2B
$106.0B
$104.3B
Cash flow statement
Coca-Cola Co cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Consolidated Net Income
$13.1B
$10.6B
$10.7B
$9.6B
Depreciation and amortization
$1.1B
$1.1B
$1.1B
$1.3B
Stock-based compensation expense
$279.0M
$286.0M
$254.0M
$356.0M
Deferred income taxes
$517.0M
($11.0M)
($2.0M)
($122.0M)
Equity (income) loss — net of dividends
($1.0B)
($802.0M)
($1.0B)
($838.0M)
Foreign currency adjustments
$191.0M
($110.0M)
$175.0M
$203.0M
Significant (gains) losses — net
($713.0M)
($1.7B)
($492.0M)
($129.0M)
Other operating charges
$1.1B
$4.0B
$1.7B
$1.1B
Other items
$141.0M
($311.0M)
($43.0M)
$236.0M
Net change in operating assets and liabilities
($7.2B)
($6.2B)
($846.0M)
($605.0M)
Net Cash Provided by Operating Activities
$7.4B
$6.8B
$11.6B
$11.0B
Purchases of investments
($6.2B)
($5.6B)
($6.7B)
($3.8B)
Proceeds from disposals of investments
$4.7B
$6.6B
$4.4B
$4.8B
Acquisitions of businesses, equity method investments and nonmarketable securities
($461.0M)
($315.0M)
($62.0M)
($73.0M)
Proceeds from disposals of businesses, equity method investments and nonmarketable securities
$3.6B
$3.5B
$430.0M
$458.0M
Purchases of property, plant and equipment
($2.1B)
($2.1B)
($1.9B)
($1.5B)
Proceeds from disposals of property, plant and equipment
$13.0M
$40.0M
$74.0M
$75.0M
Collateral (paid) received associated with hedging activities — net
$330.0M
$235.0M
$366.0M
($1.5B)
Other investing activities
$91.0M
$194.0M
$39.0M
$706.0M
Net Cash Provided by (Used in) Investing Activities
($67.0M)
$2.5B
($3.3B)
($763.0M)
Issuances of loans, notes payable and long-term debt
$5.0B
$12.1B
$6.9B
$4.0B
Payments of loans, notes payable and long-term debt
($5.0B)
($9.5B)
($5.0B)
—
Issuances of stock
$313.0M
$747.0M
$539.0M
$837.0M
Purchases of stock for treasury
($746.0M)
($1.8B)
($2.3B)
($1.4B)
Dividends
($8.8B)
($8.4B)
($8.0B)
($7.6B)
Proceeds from Noncontrolling Interests
$1.3B
—
—
—
Other financing activities
($279.0M)
($31.0M)
($465.0M)
($1.1B)
Net Cash Provided by (Used in) Financing Activities
($8.1B)
($6.9B)
($8.3B)
($10.3B)
Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents
$321.0M
($623.0M)
($73.0M)
($205.0M)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year
($478.0M)
$1.8B
($133.0M)
($200.0M)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year
$11.5B
$9.7B
$9.8B
$10.0B
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year
$11.0B
$11.5B
$9.7B
$9.8B
Restricted Cash and Restricted Cash Equivalents
$740.0M
$660.0M
$326.0M
$306.0M
Cash and cash equivalents
$10.3B
$10.8B
$9.4B
$9.5B
Coca-Cola Co cash flow statement, quarters
Line item
Jul 3, 2026 · YTD
Apr 3, 2026 · Q2
Sep 26, 2025 · YTD
Jun 27, 2025 · YTD
Consolidated Net Income
$8.4B
$4.0B
$10.8B
$7.1B
Depreciation and amortization
$530.0M
$264.0M
$814.0M
$546.0M
Stock-based compensation expense
$117.0M
$56.0M
$204.0M
$130.0M
Deferred income taxes
$353.0M
$205.0M
$496.0M
$459.0M
Equity (income) loss — net of dividends
($520.0M)
($375.0M)
($859.0M)
($387.0M)
Foreign currency adjustments
$107.0M
$33.0M
$127.0M
$111.0M
Significant (gains) losses — net
($56.0M)
$10.0M
($396.0M)
($433.0M)
Other operating charges
$0
$10.0M
$38.0M
$38.0M
Other items
($125.0M)
$115.0M
$447.0M
$238.0M
Net change in operating assets and liabilities
($1.3B)
($2.3B)
($8.0B)
($9.2B)
Net Cash Provided by (Used in) Operating Activities
$7.5B
$2.0B
$3.7B
($1.4B)
Purchases of investments
($2.8B)
($1.5B)
($3.3B)
($2.9B)
Proceeds from disposals of investments
$4.6B
$3.5B
$4.3B
$2.2B
Acquisitions of businesses, equity method investments and nonmarketable securities
($199.0M)
($37.0M)
($356.0M)
($179.0M)
Proceeds from disposals of businesses, equity method investments and nonmarketable securities
$1.0M
$0
$1.0B
$973.0M
Purchases of property, plant and equipment
($684.0M)
($266.0M)
($1.2B)
($751.0M)
Proceeds from disposals of property, plant and equipment
$7.0M
$2.0M
$21.0M
$13.0M
Collateral (paid) received associated with hedging activities — net
($37.0M)
($20.0M)
$300.0M
$206.0M
Other investing activities
$241.0M
$23.0M
$214.0M
$124.0M
Net Cash Provided by (Used in) Investing Activities
$1.1B
$1.7B
$977.0M
($278.0M)
Issuances of loans, notes payable and long-term debt
$9.0M
$0
$4.9B
$5.3B
Payments of loans, notes payable and long-term debt
($1.6B)
($1.3B)
($4.2B)
($2.6B)
Issuances of stock
$251.0M
$155.0M
$243.0M
$223.0M
Purchases of stock for treasury
($663.0M)
($477.0M)
($644.0M)
($472.0M)
Dividends
($4.6B)
($2.3B)
($4.4B)
($2.3B)
Other financing activities
($11.0M)
($3.0M)
($261.0M)
($106.0M)
Net Cash Provided by (Used in) Financing Activities
($6.5B)
($3.9B)
($3.1B)
$52.0M
Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
$85.0M
$86.0M
$335.0M
$332.0M
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the period
$2.2B
($15.0M)
$1.9B
($1.3B)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period
$11.0B
$11.0B
$11.5B
$11.5B
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Period