StockWatch
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Beverages (Production/Distribution)
Quarterly ResultMar 29, 2026, 08:51 PM

Coca-Cola Reports Mixed Q4 2025 Results: Revenue Up, Operating Income Down Sharply, Provides 2026 Outlook

AI Summary

Coca-Cola reported Q4 and full-year 2025 results, showing revenue growth but a significant decline in quarterly operating income due to a non-cash impairment charge. The company provided its 2026 financial outlook, focusing on executing its strategy for long-term success. Investors will be watching to see if the company can improve operating income and meet its 2026 guidance.

Key Highlights

  • Q4 net revenues grew 2% to $11.8 billion, organic revenues grew 5%.
  • Q4 operating income declined 32%, impacted by a $960 million BODYARMOR trademark impairment charge.
  • Full-year EPS grew 23% to $3.04, while comparable EPS grew 4% to $3.00.
  • Company gained value share in total nonalcoholic ready-to-drink beverages for both the quarter and the full year.
  • Full year free cash flow was $5.3 billion, or $11.4 billion excluding the fairlife contingent consideration payment.