Filing Flows › Coca-Cola Consolidated (COKE) › Q1 2026
Coca-Cola Consolidated (COKE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Coca-Cola Consolidated (COKE) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +17% from a year earlier and -3% from the quarter before. Operating margin was 12.9%, net earnings $112M (6.0% of revenue).
Coca-Cola Consolidated, Q1 2026: revenue $1.8B (+17% year over year), operating margin 12.9%, net earnings $112M, operating cash flow $205M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | -3% | +17% |
| Gross profit | $727M | -4% | +16% |
| Operating profit | $238M | -2% | +25% |
| Net earnings | $112M | -19% | +8% |
| Operating cash flow | $205M | -2% | +4% |
| Free cash flow | $142M | +33% | +42% |
What changed
Revenue was $1.8B in Q1 2026, up 17% year over year and down 3% from the previous quarter.
Gross margin was 39.4%, down 0.3 points from Q1 2025. Operating profit was $0.24B, a 12.9% margin (up 0.8 points year over year). Of the extra revenue versus Q1 2025, 18% reached operating profit, above the 12% margin then. Operating expenses grew 12% against revenue growth of 17%. Net earnings were $0.11B, up 8% year over year. The effective tax rate was 26.2%.
Operating cash flow was $0.21B (up 4% year over year), 184% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization. Working capital and other items added $0.04B. Capital expenditures of $0.06B left free cash flow of $0.14B.
Questions
What was Coca-Cola Consolidated's revenue in the first quarter 2026?
Coca-Cola Consolidated (COKE) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +17% from a year earlier and -3% from the quarter before.
Was Coca-Cola Consolidated profitable in the first quarter 2026?
Operating profit was $238M (12.9% of revenue) and net earnings $112M.