The Coca-Cola Company (KO) Revenue by Segment

Coca-Cola revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended July 3, 2026), Coca-Cola's largest business segment was North America, with $5.41 billion or 41% of revenue, up 7.5% from a year earlier. Next: Europe, Middle East & Africa (23%), Latin America (14%) and Bottling investments (11%).

By product or service, Concentrate operations brought in 61% and Finished product operations brought in 39% of revenue in Q2 fiscal 2026.

By region, Non-US brought in 61% and United States brought in 39% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Latin America (+15.9%).

From company filings, in USD; latest quarter ended July 3, 2026; quarterly data from Q3 fiscal 2017.

The Coca-Cola Company

KOEssential Consumer Products

United States

Essential Consumer Products

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

North AmericaBottling investmentsEurope, Middle East & AfricaLatin AmericaPacificGlobal VenturesEMEAAsia PacificOther

Q2 FY26 breakdown

Fiscal quarter ended Jul 3, 2026

Item	Revenue	Share	vs year before
North America	USD 5.41B	40.5%	+7.5%
Europe, Middle East & Africa	USD 3.09B	23.1%	+2.6%
Latin America	USD 1.84B	13.8%	+15.9%
Bottling investments	USD 1.52B	11.4%	+8.2%
A. Pacific	USD 1.49B	11.1%	+1.6%
Corporate and otheri	USD 37.00M		–

Sum of items USD 13.34B; corporate items and eliminations USD 37.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
North America	5.4B	4.9B	–	5.2B	5.0B	4.4B	–	5.0B	4.9B	4.2B	4.0B	4.5B	4.4B	3.9B	3.9B	4.2B	4.0B	3.6B	3.4B	3.5B	3.4B	2.9B	2.9B	3.1B	2.6B	2.8B	–	3.1B	3.2B	2.7B	–	3.1B	3.1B	2.7B	–	2.8B
Bottling investments	1.5B	1.6B	–	1.3B	1.4B	1.5B	–	1.3B	1.5B	1.8B	2.0B	1.9B	2.0B	1.9B	2.0B	1.8B	2.1B	2.0B	1.9B	1.7B	1.7B	1.9B	1.9B	1.5B	1.3B	1.7B	–	1.7B	2.0B	1.8B	–	1.6B	1.9B	1.1B	–	2.4B
Europe, Middle East & Africa	3.1B	2.8B	–	2.8B	3.0B	2.5B	–	2.6B	2.9B	1.8B	1.5B	2.0B	2.0B	1.8B	1.4B	1.8B	2.0B	1.7B	1.5B	1.8B	1.9B	1.5B	1.3B	1.6B	1.1B	1.6B	–	–	–	–	–	–	–	–	–	–
Latin America	1.8B	1.7B	–	1.6B	1.6B	1.5B	–	1.6B	1.7B	1.5B	1.5B	1.6B	1.4B	1.4B	1.3B	1.3B	1.1B	1.2B	1.0B	1.1B	1.1B	909.0M	1.0B	809.0M	755.0M	930.0M	–	1.0B	1.0B	896.0M	–	1.0B	1.0B	997.0M	–	1.0B
Pacific	–	–	–	1.4B	–	–	–	1.3B	1.4B	1.3B	955.0M	1.2B	1.3B	1.2B	874.0M	1.3B	1.3B	1.2B	871.0M	1.2B	1.4B	1.2B	949.0M	1.2B	1.1B	989.0M	–	–	–	–	–	–	–	–	–	–
Global Ventures	–	–	–	–	–	–	–	–	–	730.0M	813.0M	779.0M	765.0M	707.0M	740.0M	679.0M	695.0M	729.0M	775.0M	753.0M	707.0M	570.0M	610.0M	513.0M	295.0M	573.0M	–	629.0M	635.0M	583.0M	–	183.0M	211.0M	194.0M	–	–
EMEA	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.7B	1.8B	1.6B	–	1.8B	2.0B	1.7B	–	2.0B
Asia Pacific	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.3B	1.4B	1.1B	–	1.4B	1.5B	1.2B	–	1.4B
A. Pacific	1.5B	1.4B	–	–	1.5B	1.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Corporate	–	–	–	34.0M	39.0M	26.0M	–	21.0M	35.0M	27.0M	31.0M	40.0M	30.0M	25.0M	17.0M	29.0M	23.0M	25.0M	25.0M	24.0M	17.0M	17.0M	21.0M	6.0M	- 12.0M	31.0M	–	24.0M	23.0M	32.0M	–	17.0M	57.0M	11.0M	–	48.0M
Corporate and other	37.0M	32.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Coca-Cola revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
North America	$5.4B	$4.9B	$5.2B	$5.0B	41%
Europe, Middle East & Africa	$3.1B	$2.8B	$2.8B	$3.0B	23%
Latin America	$1.8B	$1.7B	$1.6B	$1.6B	14%
Bottling investments	$1.5B	$1.6B	$1.3B	$1.4B	11%
A. Pacific	$1.5B	$1.4B	–	$1.5B	11%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Coca-Cola revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Concentrate operations	$8.1B	$7.4B	$8.2B	$7.6B	61%
Finished product operations	$5.2B	$5.1B	$4.3B	$4.9B	39%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Coca-Cola revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Non-US	$8.1B	$7.7B	–	$7.6B	61%
United States	$5.3B	$4.7B	$5.1B	$4.9B	39%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Coca-Cola's business segments?

North America, Europe, Middle East & Africa, Latin America, Bottling investments and A. Pacific (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Coca-Cola?

North America: $5.41 billion, or 41% of revenue, in Q2 fiscal 2026.

What are Coca-Cola's main products and services?

By revenue in Q2 fiscal 2026: Concentrate operations (61%) and Finished product operations (39%).

Where does Coca-Cola make its money?

By region in Q2 fiscal 2026: Non-US (61%) and United States (39%).

MoreCoca-Cola stock overview Coca-Cola financials Coca-Cola executive team Coca-Cola shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

North AmericaBottling investmentsEurope, Middle East & AfricaLatin AmericaPacificGlobal VenturesEMEAAsia PacificOther

Q2 FY26 breakdown

Fiscal quarter ended Jul 3, 2026

Item	Revenue	Share	vs year before
North America	USD 5.41B	40.5%	+7.5%
Europe, Middle East & Africa	USD 3.09B	23.1%	+2.6%
Latin America	USD 1.84B	13.8%	+15.9%
Bottling investments	USD 1.52B	11.4%	+8.2%
A. Pacific	USD 1.49B	11.1%	+1.6%
Corporate and otheri	USD 37.00M		–

Sum of items USD 13.34B; corporate items and eliminations USD 37.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
North America	5.4B	4.9B	–	5.2B	5.0B	4.4B	–	5.0B	4.9B	4.2B	4.0B	4.5B	4.4B	3.9B	3.9B	4.2B	4.0B	3.6B	3.4B	3.5B	3.4B	2.9B	2.9B	3.1B	2.6B	2.8B	–	3.1B	3.2B	2.7B	–	3.1B	3.1B	2.7B	–	2.8B
Bottling investments	1.5B	1.6B	–	1.3B	1.4B	1.5B	–	1.3B	1.5B	1.8B	2.0B	1.9B	2.0B	1.9B	2.0B	1.8B	2.1B	2.0B	1.9B	1.7B	1.7B	1.9B	1.9B	1.5B	1.3B	1.7B	–	1.7B	2.0B	1.8B	–	1.6B	1.9B	1.1B	–	2.4B
Europe, Middle East & Africa	3.1B	2.8B	–	2.8B	3.0B	2.5B	–	2.6B	2.9B	1.8B	1.5B	2.0B	2.0B	1.8B	1.4B	1.8B	2.0B	1.7B	1.5B	1.8B	1.9B	1.5B	1.3B	1.6B	1.1B	1.6B	–	–	–	–	–	–	–	–	–	–
Latin America	1.8B	1.7B	–	1.6B	1.6B	1.5B	–	1.6B	1.7B	1.5B	1.5B	1.6B	1.4B	1.4B	1.3B	1.3B	1.1B	1.2B	1.0B	1.1B	1.1B	909.0M	1.0B	809.0M	755.0M	930.0M	–	1.0B	1.0B	896.0M	–	1.0B	1.0B	997.0M	–	1.0B
Pacific	–	–	–	1.4B	–	–	–	1.3B	1.4B	1.3B	955.0M	1.2B	1.3B	1.2B	874.0M	1.3B	1.3B	1.2B	871.0M	1.2B	1.4B	1.2B	949.0M	1.2B	1.1B	989.0M	–	–	–	–	–	–	–	–	–	–
Global Ventures	–	–	–	–	–	–	–	–	–	730.0M	813.0M	779.0M	765.0M	707.0M	740.0M	679.0M	695.0M	729.0M	775.0M	753.0M	707.0M	570.0M	610.0M	513.0M	295.0M	573.0M	–	629.0M	635.0M	583.0M	–	183.0M	211.0M	194.0M	–	–
EMEA	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.7B	1.8B	1.6B	–	1.8B	2.0B	1.7B	–	2.0B
Asia Pacific	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.3B	1.4B	1.1B	–	1.4B	1.5B	1.2B	–	1.4B
A. Pacific	1.5B	1.4B	–	–	1.5B	1.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Corporate	–	–	–	34.0M	39.0M	26.0M	–	21.0M	35.0M	27.0M	31.0M	40.0M	30.0M	25.0M	17.0M	29.0M	23.0M	25.0M	25.0M	24.0M	17.0M	17.0M	21.0M	6.0M	- 12.0M	31.0M	–	24.0M	23.0M	32.0M	–	17.0M	57.0M	11.0M	–	48.0M
Corporate and other	37.0M	32.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–