Filing Flows › Coca-Cola Consolidated (COKE) › Q3 2025
Coca-Cola Consolidated (COKE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Coca-Cola Consolidated (COKE) reported revenue of $1.9B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before. Operating margin was 13.1%, net earnings $142M (7.5% of revenue).
Coca-Cola Consolidated, Q3 2025: revenue $1.9B (+7% year over year), operating margin 13.1%, net earnings $142M, operating cash flow $317M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +2% | +7% |
| Gross profit | $749M | +0.8% | +7% |
| Operating profit | $247M | -9% | +9% |
| Net earnings | $142M | -24% | +23% |
| Operating cash flow | $317M | +52% | +17% |
| Free cash flow | $264M | +78% | +85% |
What changed
Revenue was $1.9B in Q3 2025, up 7% year over year and up 2% from the previous quarter.
Gross margin was 39.6%, up 0.1 points from a year earlier. Operating profit was $0.25B, a 13.1% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 13% margin then. Operating expenses grew 7% against revenue growth of 7%. Net earnings were $0.14B, up 23% year over year. The effective tax rate was 26.0%.
Operating cash flow was $0.32B (up 17% year over year), 222% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization. Working capital and other items added $0.12B. Capital expenditures of $0.05B left free cash flow of $0.26B.
Questions
What was Coca-Cola Consolidated's revenue in the third quarter 2025?
Coca-Cola Consolidated (COKE) reported revenue of $1.9B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before.
Was Coca-Cola Consolidated profitable in the third quarter 2025?
Operating profit was $247M (13.1% of revenue) and net earnings $142M.