Coca-Cola Posts $47.9B Revenue, 23% EPS Gain and Raises 2026 Outlook
Coca-Cola reported full-year 2025 net revenues of $47.9 billion, up 2%, with organic revenue growth of 5% and EPS rising 23% to $3.04. The company delivered 38% operating-income growth despite a $960 million impairment and expects 4%–5% organic revenue and 7%–8% EPS growth in 2026.
1. 2025 Financial Performance
The Coca-Cola Company closed 2025 with net revenues of $47.9 billion, marking a 2% increase year-over-year driven by 5% organic revenue growth. EPS climbed 23% to $3.04, while full-year operating income jumped 38% despite a $960 million impairment charge in Q4.
2. Brand and Market Highlights
Trademark Coca-Cola sales grew 1% in Q4 and Coca-Cola Zero Sugar surged 14% for the full year, supported by integrated marketing campaigns and digital investments including a new Chief Digital Officer role. Emerging markets such as Brazil and Central Asia contributed to overall value share gains despite currency headwinds.
3. 2026 Outlook and Cash Flow
The company forecasts 4%–5% organic revenue growth and 7%–8% EPS growth in 2026, driven by effective pricing and cost management. It expects to generate approximately $12.2 billion in free cash flow while extending its 63-year dividend increase streak, with a 2% currency tailwind and six additional selling days in Q1.