The Coca-Cola Company (NYSE:KO) reported fourth-quarter and full-year 2025 results on Tuesday, February 10, 2026, showcasing the strength of its global "all-weather" strategy.
The Atlanta-based beverage giant posted net revenue of $47.9 billion for the year, a 2% increase on a reported basis, while organic revenues (non-GAAP) surged 5%.
For the fourth quarter, net revenue grew 2% to $11.8 billion, surpassing the $11.6 billion anticipated by Wall Street.
The company’s bottom line reflected a year of heavy structural and legal activity.
Operating income for the fourth quarter declined 32%, primarily due to significant items impacting comparability, including a one-time $6.1 billion contingent consideration payment related to its 2020 acquisition of fairlife.
However, on a comparable currency-neutral basis, operating income grew 13% for both the quarter and the full year.
Comparable EPS for the quarter was $0.58, beating the $0.57 consensus estimate.
Volume growth remained modest as the company leaned into its pricing power to combat global inflation.
Global unit case volume grew 1% for the quarter but remained even for the full year.