Coca-Cola Reports Third Quarter 2026 Results and Raises Full Year Guidance
Coca-Cola reported Q3 2026 net revenues of $13.4 billion, up 7% year-over-year on both a reported and organic basis, with unit case volume up 5% led by India, China, Mexico and Brazil. EPS grew 8% to $0.93 and comparable EPS (non-GAAP) grew 11% to $0.91; operating margin expanded to 33.4% from 32.0%, helped by currency tailwinds and items impacting comparability. The company raised full-year 2026 guidance: organic revenue growth of at least 5%, comparable EPS growth of at least 11% (up from 9-10%), and free cash flow of at least $13.0 billion (up from ~$12.4B).
Key figures
- Eps
- 0.93
- Revenue
- 13400000000
- Guidance
- FY26: organic revenue growth at least 5%; comparable EPS growth at least 11% (raised from 9-10%); free cash flow at least $13.0B (raised from ~$12.4B); underlying effective tax rate 19.7%
- Revenue Yoy
- 7%
- Comparable eps
- 0.91
- Operating margin
- 33.4%
- Fy26 fcf guidance
- At least $13.0 billion
- Ytd free cash flow
- $11.4 billion
- Comparable eps growth
- 11%
- Organic revenue growth
- 7%
- Operating income growth
- 12%
- Unit case volume growth
- 5%
- Ytd cash from operations
- $12.5 billion
- Comparable operating margin
- 32.9%
- Fy26 comparable eps growth prior
- 9% to 10%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.