Revenue Growth Acceleration
Total revenue grew 12.1% YoY to $12.47B in Q1 FY2026, up from $11.13B in Q1 FY2025, reflecting strong top-line momentum across the business driven by pricing power and volume gains.
COCA COLA CO is expected to release its Q3 2026 10-Q filing in the upcoming earnings season. Last quarter: 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.
Drawn from management commentary in the Q2 2026 10-Q:
Total revenue grew 12.1% YoY to $12.47B in Q1 FY2026, up from $11.13B in Q1 FY2025, reflecting strong top-line momentum across the business driven by pricing power and volume gains.
Gross margin improved modestly to 62.96% from 62.59%, while operating margin expanded meaningfully by ~207 basis points to 34.95% from 32.88%, indicating effective cost discipline relative to revenue growth. SG&A grew only 7.4% versus revenue growth of 12.1%, demonstrating operating leverage.
Operating cash flow swung dramatically from -$5.20B in Q1 FY2025 to +$2.02B in Q1 FY2026, a YoY improvement of $7.22B, signaling a significant normalization in working capital dynamics after the prior year's cash outflows.
Revenue
$12.47B
++12.07% YoY
EPS (Basic)
$0.91
++18.18% YoY
Gross Margin
63.0%
++0.36% YoY
Operating Income
$4.36B
++19.13% YoY
Add KO to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.