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.
- 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.
KOFrequently Asked Questions
Why did Coca-Cola's Q2 results beat market expectations?
Volume rose 5% year-over-year and price increases added to the gains, lifting both revenue and profit. The FIFA World Cup marketing campaign also boosted sales of trademark Coca-Cola and the Powerade sports drink.
What is adjusted EPS (comparable basis)?
It's a measure of underlying profitability that excludes one-time costs and currency effects. Coca-Cola's adjusted EPS this quarter was $0.97, up 11% year-over-year.
How did Coca-Cola's stock react after the earnings release?
According to foreign media reports, shares jumped roughly 6% from the previous session immediately after the release. As of 3:08 AM KST on July 29, 2026, the stock traded at $87.91, up 4.57% from the previous close.
How did Coca-Cola revise its full-year outlook?
The company said it raised its full-year guidance alongside the earnings release, but specific targets were not disclosed in the filing.
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