A fixed rule set over this filing's XBRL figures and the number of high-severity risks found in it — no model judgement.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
In 2026-Q3, The Coca-Cola Company delivered 7% revenue growth to $13.38B and expanded its operating margin to 34.9%, driven by 5% worldwide unit case volume growth and favorable pricing and currency impacts.
Coca-Cola reported solid 2026-Q3 performance with revenue up 7% to $13.38B and operating income up 9% to $4.67B.
Last 4 quarters: 3 beats, 1 miss
Consolidated net operating revenues grew 7% year-over-year to $13,380M for the three months ended July 3, 2026, supported by a 5% increase in worldwide unit case volume, 2% favorable price/mix, and a 2% foreign currency tailwind, partially offset by a 1% impact from divestitures.
Source: 10-Q Item 2 MD&A, p.35
Operating income rose 9% year-over-year to $4,672M for the three months ended July 3, 2026, with operating margin expanding to 34.9% from 34.1%, benefitted by price/mix, reduced other operating charges, and a 5% favorable foreign currency exchange impact.
Source: 10-Q Item 2 MD&A, p.38-39
In July 2026, the company suffered a ransomware attack targeting its fairlife operations in North America, causing a temporary suspension of production; majority operations have resumed and management does not expect a material impact on financial condition or operations.
Source: 10-Q Item 2 MD&A, p.31
Following a $960M trademark impairment charge recorded in Q4 2025 that brought the BodyArmor carrying value down to $2,440M, the trademark's fair value approximates carrying value as of July 3, 2026, leaving it vulnerable to further impairment if near-term targets are missed.
Source: 10-Q Item 2 MD&A, p.31
Following a $960M impairment charge on the BodyArmor trademark in late 2025, its fair value closely approximates its carrying value of $2,440M. Failure to hit revised financial projections or increases in discount rates could necessitate additional material impairment charges.
Source: 10-Q Item 2 MD&A, p.31
The July 2026 ransomware incident at fairlife operations demonstrated operational vulnerability to cyber threats that can disrupt production and compromise corporate data, posing potential financial and reputational risks if expanded.
Source: 10-Q Item 2 MD&A, p.31
Although foreign currency provided a net 2% tailwind to net revenue in 2026-Q3, severe volatility in emerging market currencies alongside higher input commodity costs remain ongoing headwinds for consolidated profitability.
Source: 10-Q Item 2 MD&A, p.35-37
This analysis does not extract a guidance section. Companies issue revenue and EPS outlook in the 8-K press release and on the earnings call rather than in the 10-Q itself — though the filing's management discussion can contain forward-looking statements, which appear in the highlights above where they were material.
Coca Cola (KO) is next expected to report on , when the following quarter's results and any updated outlook will be available.
Coca-Cola generated $13,380M in net operating revenues, marking a 7% increase year-over-year. Operating income grew 9% to $4,672M, expanding operating margin to 34.9%. Unit case volume increased 5% worldwide led by an 8% growth in Asia Pacific.
Consolidated net operating revenue increased by 7% year-over-year. The growth was driven by 4% concentrate volume growth, 2% favorable price/mix, and 2% positive foreign currency fluctuations, offset by a 1% decline from acquisitions and divestitures.
Coca-Cola noted key operational risks including potential further impairment charges on its $2,440M BodyArmor trademark, ongoing foreign currency and commodity price volatility, and cyber incidents such as the July 2026 ransomware event at its fairlife facility.
Coca Cola (KO) is next expected to report earnings on Oct 19, 2026. The date comes from the analyst earnings calendar and can shift until the company confirms it.
Coca-Cola delivered a strong Q1 FY2026 with revenue surging 12.1% YoY to $12.47B, net income rising 17.8% to $3.92B, and operating cash flow swinging to a positive $2.02B from a negative $5.20B in the prior year period.
Coca-Cola delivered strong FY2025 results with revenue rising 1.9% to $47.9B, while net income surged 23.3% to $13.1B and operating margin expanded sharply to 28.7%, reflecting disciplined cost management and improved profitability.
Other companies in Soft Drinks & Non-alcoholic Beverages