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Coca Cola (KO) gross margin by quarter

Coca Cola's gross margin was 63.2% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026. Over the last 7 quarters it ranged from 60.0% (Q4 2025) to 63.2% (Q3 2026).

Coca Cola gross margin by quarterCoca Cola gross margin by quarter62.6%Q1 202562.4%Q2 202561.5%Q3 202560.0%Q4 202563.0%Q1 202662.9%Q2 202663.2%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202663.2%+0.3 pts+1.7 pts
Q2 202662.9%-0.1 pts+0.5 pts
Q1 202663.0%+2.9 pts+0.4 pts
Q4 202560.0%-1.4 pts—
Q3 202561.5%-0.9 pts—
Q2 202562.4%-0.2 pts—
Q1 202562.6%——

Q3 2026 at a glance

Coca Cola, Q3 2026: revenue $13.4B (+7% year over year), operating margin 33.4%, net earnings $4.0B, operating cash flow $4.9B. The chart follows the revenue to costs, profit and cash.

Questions

What is Coca Cola's gross margin?

Coca Cola's gross margin was 63.2% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026.

How has Coca Cola's gross margin changed?

Over the last 7 quarters it ranged from 60.0% (Q4 2025) to 63.2% (Q3 2026).

Q3 2026 results → · How Coca Cola makes money →