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How Coca-Cola Consolidated (COKE) makes money

Coca-Cola Consolidated (COKE) made $2.0B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Of every dollar of revenue, 39¢ was left as gross profit, 14¢ was left as operating profit, 9¢ was left as net earnings.

Drawing the Sankey…

Coca-Cola Consolidated revenue by quarterCoca-Cola Consolidated revenue by quarter$1.6BQ1 2025$1.9BQ2 2025$1.9BQ3 2025$1.9BQ4 2025$1.8BQ1 2026$2.1BQ2 2026$2.0BQ3 2026
Coca-Cola Consolidated: where each dollar of revenue goesCoca-Cola Consolidated: where each dollar of revenue goesCost of revenue61¢Gross profit39¢Operating expenses25¢Operating profit14¢Income tax3¢Net earnings9¢Operating cash flow12¢Free cash flow9¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$2.0B100.0%
Cost of revenue$1.2B61.2%
Gross profit$772M38.8%
Operating expenses$500M25.1%
Operating profit$272M13.7%
Income tax$62.8M3.2%
Net earnings$176M8.8%
Operating cash flow$244M12.3%
Free cash flow$172M8.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$2.0B+5%
Q2 2026$2.1B+11%
Q1 2026$1.8B+17%
Q4 2025$1.9B+9%
Q3 2025$1.9B+7%
Q2 2025$1.9B+3%
Q1 2025$1.6B-0.7%

From Coca-Cola Consolidated's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Coca-Cola Consolidated make money?

Coca-Cola Consolidated (COKE) made $2.0B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Of every dollar of revenue, 39¢ was left as gross profit, 14¢ was left as operating profit, 9¢ was left as net earnings.

What is Coca-Cola Consolidated's profit margin?

Net earnings were $176M, 8.8% of revenue, in the third quarter 2026; the operating margin was 13.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.