Filing Flows › Coca Cola (KO) › Operating margin
Coca Cola (KO) operating margin by quarter
Coca Cola's operating margin was 33.4% in Q3 2026 (third quarter 2026), -1.5 pts from Q2 2026. Over the last 7 quarters it ranged from 15.6% (Q4 2025) to 35.0% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 33.4% | -1.5 pts | +1.4 pts |
| Q2 2026 | 34.9% | -0.0 pts | +0.8 pts |
| Q1 2026 | 35.0% | +19.4 pts | +2.1 pts |
| Q4 2025 | 15.6% | -16.4 pts | — |
| Q3 2025 | 32.0% | -2.2 pts | — |
| Q2 2025 | 34.1% | +1.3 pts | — |
| Q1 2025 | 32.9% | — | — |
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 operating margin?
Coca Cola's operating margin was 33.4% in Q3 2026 (third quarter 2026), -1.5 pts from Q2 2026.
How has Coca Cola's operating margin changed?
Over the last 7 quarters it ranged from 15.6% (Q4 2025) to 35.0% (Q1 2026).