Coca Cola (KO) Operating Expenses (2009 - 2026)

Coca Cola's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.5 billion for Q2 2026.

• In Q2 2026, Operating Expenses rose 7.36% year-over-year to $3.5 billion; the TTM figure through Apr 2026 stood at $14.8 billion (up 2.03% YoY), while the FY2025 annual figure was $14.5 billion, changed 0.42% from the prior year.
• Operating Expenses was $3.5 billion for Q2 2026 at Coca Cola, down from $4.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $4.2 billion in Q4 2025 to a low of $3.0 billion in Q2 2022.
• Historically, Operating Expenses has averaged $3.5 billion across 5 years, with a median of $3.5 billion in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses grew 11.83% in 2023, then declined 3.49% in 2025.
• A 5-year view of Operating Expenses shows it stood at $3.4 billion in 2022, then grew by 10.73% to $3.8 billion in 2023, then gained by 6.5% to $4.0 billion in 2024, then grew by 3.78% to $4.2 billion in 2025, then fell by 17.31% to $3.5 billion in 2026.
• The last three Operating Expenses figures came in at $3.5 billion (Q2 2026), $4.2 billion (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.