StockWatch
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Beverages (Production/Distribution)
Quarterly ResultJul 29, 2026, 02:11 PM

Coca-Cola Q2 Diluted EPS $1.03, Net Income Up 16.1%

AI Summary

Coca-Cola Co. reported strong financial results for the second quarter of 2026, with diluted earnings per share increasing by 17.05% to $1.03 and net operating revenues rising 6.74% to $13.38 billion. Net income attributable to shareowners grew 16.14% to $4.43 billion. The company also saw a significant improvement in net cash provided by operating activities, reaching $7.54 billion for the first six months of 2026, compared to a net cash used of $1.39 billion in the prior year. Additionally, the company is progressing with the divestment of its bottling operations in Africa.

Key Highlights

  • Diluted EPS for Q2 2026 increased 17.05% to $1.03.
  • Net Operating Revenues for Q2 2026 rose 6.74% to $13.38 billion.
  • Net Income Attributable to Shareowners for Q2 2026 grew 16.14% to $4.43 billion.
  • Operating Income for Q2 2026 increased 9.16% to $4.67 billion.
  • Net cash provided by operating activities was $7.54 billion for the first six months of 2026.
  • Company is divesting bottling operations in Africa, expected to close by end of 2026.
  • Acquisitions of businesses and investments totaled $199 million in H1 2026.