Filing Flows › Coca-Cola Consolidated (COKE) › Q4 2025
Coca-Cola Consolidated (COKE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 18, 2026
Coca-Cola Consolidated (COKE) reported revenue of $1.9B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +0.8% from the quarter before. Operating margin was 12.7%, net earnings $137M (7.2% of revenue).
Coca-Cola Consolidated, Q4 2025: revenue $1.9B (+9% year over year), operating margin 12.7%, net earnings $137M, operating cash flow $209M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +0.8% | +9% |
| Gross profit | $754M | +0.8% | +8% |
| Operating profit | $242M | -2% | +11% |
| Net earnings | $137M | -4% | -23% |
| Operating cash flow | $209M | -34% | +24% |
| Free cash flow | $107M | -60% | +26% |
What changed
Revenue was $1.9B in Q4 2025, up 9% year over year and up 1% from the previous quarter.
Gross margin was 39.6%, down 0.3 points from a year earlier. Operating profit was $0.24B, a 12.7% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, above the 13% margin then. Operating expenses grew 7% against revenue growth of 9%. Net earnings were $0.14B, down 23% year over year. The effective tax rate was 27.1%.
Operating cash flow was $0.21B (up 24% year over year), 152% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization. Working capital and other items added $0.04B. Capital expenditures of $0.10B left free cash flow of $0.11B.
Questions
What was Coca-Cola Consolidated's revenue in the fourth quarter 2025?
Coca-Cola Consolidated (COKE) reported revenue of $1.9B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +0.8% from the quarter before.
Was Coca-Cola Consolidated profitable in the fourth quarter 2025?
Operating profit was $242M (12.7% of revenue) and net earnings $137M.