KO Q3 2025 Earnings — Income Statement Breakdown

For its Q3 2025 period (ending 2025-09-26), KO reported revenue of $12.5B, gross profit of $7.7B (61.5% gross margin), operating income of $4.0B, and net income of $3.7B (29.7% net margin). The flow of revenue into costs and profit is visualized below.

What changed

KO was profitable; revenue grew 5.1% year over year, and EPS beat consensus by $0.04.

ComparisonRevenueNet incomeNet margin
Year over year+5.1%+29.8%Not available
Quarter over quarter−0.6%−3.0%Not available

EPS was $0.82 versus $0.78 expected.

KO Q3 2025 Income Statement

KO Q3 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$12.5B100%
Cost of Revenue−$4.8B38.5%
Gross Profit$7.7B61.5%
Research & Development0.0%
Selling, General & Administrative−$3.6B29.0%
Other Operating Expenses−$58M0.5%
Operating Income$4.0B32.0%
Interest Expense−$391M3.1%
Other Income, net$605M4.9%
Income Tax Expense−$500M4.0%
Net Income$3.7B29.7%

Source: original SEC filing (filed 2025-10-21). Accession 0001628280-25-045577. Data normalized by EarningsFyi.