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Earnings Brief

Coca-Cola Q2 Revenue $13.4B, Up 7% YoY... EPS Rises 16%, Beats Estimates

Coca-Cola reported second-quarter 2026 revenue of $13.4 billion, up 7% year-over-year. Earnings per share rose 16% to $1.03, beating market expectations, and the company raised its full-year guidance.

Justin Jeon·July 29, 2026 at 03:10·4 min
coca-cola-q2-2026-revenue-eps-beat-estimates
coca-cola-q2-2026-revenue-eps-beat-estimates
AIKey Summary
  • Coca-Cola's Q2 2026 revenue rose 7% YoY to $13.4B, with EPS up 16% to $1.03
  • Shares surged and the company raised its full-year guidance

Coca-Cola reported second-quarter 2026 revenue of $13.4 billion, up 7% year-over-year, according to an SEC Form 8-K filing.

📊 Price at time of writing (July 29, 2026, 3:08 AM KST)
$87.91 ▲ +4.57%


At a Glance

Coca-Cola reported that second-quarter 2026 (April-June) revenue rose 7% year-over-year in a filing on July 28 (local time). Both volume, up 5%, and pricing increased, lifting revenue and profit together. Sales of low-calorie products such as Diet Coke and Coca-Cola Zero Sugar were particularly strong.

  • Revenue: $13.4 billion, up 7% year-over-year
  • Earnings per share (EPS): $1.03, up 16% year-over-year
  • Adjusted EPS (comparable, non-GAAP): $0.97, up 11% year-over-year
  • Operating income: up 9% year-over-year, with operating margin at 34.9% (vs. 34.1% a year earlier)
  • Volume (unit cases): up 5% year-over-year
  • Cumulative operating cash flow (year-to-date through June): $7.5 billion
  • Free cash flow (excluding capital expenditures, non-GAAP): $6.9 billion

Outlook for Next Quarter

Coca-Cola said it raised its full-year guidance alongside the earnings release. However, specific targets were not disclosed in the filing. CEO Henrique Braun said, "We delivered another quarter of strong results by staying close to the evolving needs of consumers and customers."


Market Reaction

According to foreign media reports, Coca-Cola shares jumped roughly 6% from the previous session immediately after the earnings release (Reuters, Investing.com). As of 3:08 AM KST on July 29, 2026, the stock traded at $87.91, up 4.57% from the previous close. Coca-Cola's CFO said during the earnings call that "Diet Coke in particular is seeing strong momentum," and the FIFA World Cup marketing campaign was cited as contributing to a 5% volume increase for trademark Coca-Cola and an 8% increase for Powerade.


This article was automatically generated based on the original SEC Form 8-K filing and foreign media reports, with the goal of delivering key data promptly after the announcement. Readers are advised to review the company's official filing before making trading decisions. The price shown reflects the time of writing and may differ from the current price.

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