Coca-Cola Q1 2026 revenue rises 12% and comparable EPS guidance is raised to 8% to 9%

Coca-Cola reported first-quarter 2026 net revenues of $12.5 billion, up 12%, with 10% organic growth and 3% unit case volume growth. Comparable EPS rose 18% to $0.86, and the company raised its full-year comparable EPS growth outlook to 8% to 9% from 7% to 8%, citing a lower underlying tax rate. Organic revenue guidance of 4% to 5% and free cash flow of about $12.2 billion were held.

• Net revenues $12.5B, up 12%; organic revenue up 10%
• Unit case volume up 3%; operating income up 19%
• Comparable EPS $0.86, up 18%; GAAP EPS $0.91, up 18%
• 2026 comparable EPS growth raised to 8% to 9%; organic growth held at 4% to 5%
• North America organic revenue up 12%; Asia Pacific comparable operating income down 17%

SEC filing 8-K · accession 0001628280-26-027723 · sec.gov ↗