The Coca-Cola Company
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of The Coca-Cola Company (KO). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q2 2025 | Q3 2026 |
|---|---|---|
| North America | $5.03B 39.4% | $5.41B 39.8% |
| EMEA | $3.18B 24.9% | $3.24B 23.8% |
| Latin America | $1.59B 12.4% | $1.84B 13.5% |
| Asia Pacific | $1.57B 12.3% | $1.58B 11.6% |
| Bottling investments | $1.41B 11.0% | $1.53B 11.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | Q2 2025 | Q3 2026 |
|---|---|---|
| North America | $1.62B 32.2% | $1.70B 31.3% |
| EMEA | $1.33B 41.7% | $1.31B 40.4% |
| Latin America | $957.0M 60.3% | $1.18B 64.0% |
| Asia Pacific | $647.0M 41.2% | $656.0M 41.5% |
| Bottling investments | $59.0M 4.2% | $91.0M 6.0% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | Q1 2025 | Q2 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|
| Non-US | $6.88B 61.8% | $7.60B 60.6% | $7.73B 62.0% | $8.12B 60.7% |
| UNITED STATES | $4.25B 38.2% | $4.94B 39.4% | $4.75B 38.0% | $5.26B 39.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | Q1 2025 | Q2 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|
| Concentrate operations | $6.59B 59.3% | $7.62B 60.8% | $7.39B 59.2% | $8.15B 60.9% |
| Finished product operations | $4.54B 40.7% | $4.92B 39.2% | $5.09B 40.8% | $5.23B 39.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.