Coca-Cola Q1 2026 earnings beat analyst expectations

The results people the archetypal quarterly study nether CEO Henrique Braun. "We've had a beardown commencement to the year," Braun said successful a statement. "Our show this 4th reflects our unwavering absorption connected staying adjacent to the consumer, executing locally and managing complexity."

Net revenues grew 12% twelvemonth implicit year. Organic revenues, a non-GAAP measure, roseate 10%, driven by an 8% summation successful ore income and 2% maturation successful price/mix. Global portion lawsuit measurement grew 3%, led by China, the U.S., and India.

Earnings per stock roseate 18% to 91 cents connected a reported basis, portion comparable EPS connected a non-GAAP ground grew 18% to 86 cents. Operating income grew 19%, and operating borderline expanded to 35.0% from 32.9% successful the anterior year, the institution said.

By segment, North America portion lawsuit measurement grew 4%, driven by Trademark Coca-Cola and water, sports, coffee, and tea. Asia Pacific posted 5% portion lawsuit measurement maturation crossed each beverage categories, though comparable currency neutral operating income declined 17% successful that region, chiefly owed to higher input costs and selling investments. Europe, Middle East and Africa and Latin America each posted portion lawsuit measurement maturation of 2% and 1%, respectively.

Coca-Cola Zero Sugar grew 13% globally, with gains crossed each geographic operating segments. Water grew 5%, and beverage grew 8%.

The institution besides raised its full-year net outlook. The revised full-year guidance calls for comparable EPS to ascent 8% to 9% disconnected a 2025 basal of $3.00, a measurement up from the erstwhile 7%-to-8% range. The institution near its integrated gross maturation people of 4% to 5% intact.

In premarket trading, shares ticked up 1% connected the news.