Quarterly ResultApr 28, 2026, 07:02 AM
KO Q1 Revenue +12% to $12.5B; EPS +18% to $0.91; Volume +3%
AI Summary
The Coca-Cola Company reported a strong first quarter 2026, with net revenues growing 12% to $12.5 billion and comparable EPS increasing 18% to $0.86. Global unit case volume expanded by 3%. The company updated its full-year 2026 guidance, expecting comparable EPS growth of 8% to 9% and organic revenue growth of 4% to 5%. CEO Henrique Braun highlighted the strong start to the year, driven by consumer focus and local execution.
Key Highlights
- Q1 2026 Net Revenues grew 12% to $12.5 billion; Organic Revenues (non-GAAP) grew 10%.
- Q1 2026 EPS grew 18% to $0.91; Comparable EPS (non-GAAP) grew 18% to $0.86.
- Global Unit Case Volume increased by 3%, led by China, the United States, and India.
- Operating Income grew 19%; Comparable Operating Margin (non-GAAP) was 34.5%.
- Full Year 2026 Comparable EPS (non-GAAP) growth guidance updated to 8% to 9%.
- Full Year 2026 Organic Revenue (non-GAAP) growth guidance maintained at 4% to 5%.
- North America Net Operating Revenues grew 12%, and Operating Income grew 20%.
- Asia Pacific Net Operating Revenues grew 6%, but Operating Income declined 14%.