Coca-Cola (KO) earnings report card

The latest results graded A to F: sales, earnings per share and profit margin against what analysts expected and against a year ago, with a plain-English take.

C−
KO · Coca-Cola
Q3 2026 results · reported Tue, 27 Oct 2026
Score 53/100
Our take

A mixed quarter: operating margin widened 1.4 points: it's keeping more of each dollar of sales.

  • Operating margin widened 1.4 points: it's keeping more of each dollar of sales.
ActualExpectedDifference
Revenue$13.35bn$13.31bn● +0.3% in line
Earnings per share$0.91$0.91● +0% in line
Net profit margin29.4%29.4%● −0.0 pts
Compared with a year ago
Operating margin +1.4 ptsShare price on the day −1.6%
The quarter in detailThis quarterA year agoChange
Gross margin63.2%61.5%▲ +1.7 pts
Operating margin33.4%32.0%▲ +1.4 pts
Net margin30.0%29.7%● +0.3 pts
Revenue vs the quarter before$13.38bn$13.38bn (quarter before)● +0.0%
How the grade is worked out
Revenue vs forecast11.4 / 20+0.3%: +2.5% or more scores full marks, −2.5% or worse scores nothing
EPS vs forecast10.2 / 20+0%: +20% or more scores full marks, −20% or worse scores nothing
Margin vs forecast7.5 / 15−0.0 pts: 3 points or more above forecast scores full marks

Score = points ÷ points available × 100, using whatever figures are known. A from 80, B from 65, C from 50, D from 35, F below; + and − mark the top and bottom of each band. The share price reaction is shown but doesn't count towards the grade.

Expected = analysts' average forecast before the results. Net margin vs forecast uses earnings per share × diluted shares; the quarter in detail uses the company's SEC filing once it's out. A grade of what was reported, not a recommendation.

Reported 27 Oct 2026 · Sources: Finnhub (results and analyst forecasts), SEC EDGAR (company filings)

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