Coca-Cola Financial Statements
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Coca-Cola revenue and earnings
In fiscal 2025, Coca-Cola generated $47.94 billion in revenue, up 1.9% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $13.11 billion (+23.3% year over year), for a net margin of 27.3% versus a median of 23.4% in the prior 5 years. Gross margin was 61.6% (up from 61.1%) and operating margin 28.7%.
Diluted earnings per share came in at $3.04, up from $2.46. Over the last 5 fiscal years, KO's revenue has grown at a 7.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Coca-Cola income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47.94B | 47.06B | 45.75B | 43.00B | 38.66B | 33.01B | 37.27B | 34.30B | 36.21B | 41.86B |
| Revenue growth (YoY) | +1.87% | +2.86% | +6.39% | +11.25% | +17.09% | -11.41% | +8.65% | -5.28% | -13.50% | -5.49% |
| Cost of Revenue | 18.40B | 18.32B | 18.52B | 18.00B | 15.36B | 13.43B | 14.62B | 13.07B | 13.72B | 16.46B |
| Gross Profit | 29.54B | 28.74B | 27.23B | 25.00B | 23.30B | 19.58B | 22.65B | 21.23B | 22.49B | 25.40B |
| Operating Expenses | 15.78B | 18.75B | 15.92B | 14.10B | 12.99B | 10.58B | 12.56B | 12.08B | 14.74B | 16.74B |
| Selling, General & Admin | 14.52B | 14.58B | 13.97B | 12.88B | 12.14B | 9.73B | 12.10B | 11.00B | 12.83B | 15.37B |
| Operating Income | 13.76B | 9.99B | 11.31B | 10.91B | 10.31B | 9.00B | 10.09B | 9.15B | 7.75B | 8.66B |
| Interest Expense | 1.65B | 1.66B | 1.53B | 882.00M | 1.60B | 1.44B | 946.00M | 950.00M | 853.00M | 733.00M |
| Other Income (Expense) | 1.07B | 1.99B | 570.00M | -262.00M | 2.00B | 841.00M | 34.00M | -1.67B | -1.76B | -1.26B |
| Pretax Income | 16.00B | 13.09B | 12.95B | 11.69B | 12.43B | 9.75B | 10.79B | 8.22B | 6.89B | 8.14B |
| Income Tax | 2.86B | 2.44B | 2.25B | 2.12B | 2.62B | 1.98B | 1.80B | 1.75B | 5.61B | 1.59B |
| Net Income | 13.11B | 10.63B | 10.71B | 9.54B | 9.77B | 7.75B | 8.92B | 6.43B | 1.25B | 6.53B |
| Net Income growth (YoY) | +23.29% | -0.77% | +12.28% | -2.34% | +26.13% | -13.15% | +38.64% | +415.54% | -80.88% | -11.21% |
| EPS (Basic) | 3.05 | 2.47 | 2.48 | 2.20 | 2.26 | 1.80 | 2.09 | 1.51 | 0.29 | 1.51 |
| EPS (Diluted) | 3.04 | 2.46 | 2.47 | 2.19 | 2.25 | 1.79 | 2.07 | 1.50 | 0.29 | 1.49 |
| Shares Outstanding (Basic) | 4.30B | 4.31B | 4.32B | 4.33B | 4.32B | 4.29B | 4.28B | 4.26B | 4.27B | 4.32B |
| Shares Outstanding (Diluted) | 4.31B | 4.32B | 4.34B | 4.35B | 4.34B | 4.32B | 4.31B | 4.30B | 4.32B | 4.37B |
| EBITDA | 14.81B | 11.07B | 12.44B | 12.17B | 11.76B | 10.53B | 11.45B | 10.24B | 9.02B | 10.44B |
| Gross Margin | 61.63% | 61.06% | 59.52% | 58.14% | 60.27% | 59.31% | 60.77% | 61.90% | 62.11% | 60.67% |
| Operating Margin | 28.71% | 21.23% | 24.72% | 25.37% | 26.67% | 27.25% | 27.06% | 26.68% | 21.42% | 20.68% |
| Net Margin | 27.34% | 22.59% | 23.42% | 22.19% | 25.28% | 23.47% | 23.94% | 18.76% | 3.45% | 15.59% |
This table shows 10 annual periods of Coca-Cola's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow KO's reporting calendar. What is a income statement?