Coca Cola (KO) Operating Expenses (2009 - 2026)
Coca Cola (KO) posted quarterly Operating Expenses of $3.7 billion for Q3 2026, up 7.2% year-over-year from $3.5 billion in Q3 2025, and up 7.14% quarter-over-quarter from $3.5 billion in Q2 2026.
Coca Cola (KO) Operating Expenses (2009 - 2026) Analysis & Trends
Coca Cola's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.7 billion for Q3 2026.
- In Q3 2026, Operating Expenses rose 7.2% year-over-year to $3.7 billion; the TTM figure through Jul 2026 stood at $15.0 billion (up 4.33% YoY), while the FY2025 annual figure was $14.5 billion, changed 0.42% from the prior year.
- Operating Expenses for Q3 2026 stood at $3.7 billion, up from $3.5 billion in the prior quarter.
- The five-year high for Operating Expenses was $4.2 billion in Q4 2025, with the low at $3.0 billion in Q2 2022.
- The 5-year median for Operating Expenses is $3.5 billion (2025), against an average of $3.5 billion.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses climbed 11.83% in 2023, then dropped 3.49% in 2025.
- Coca Cola's Operating Expenses stood at $3.4 billion in 2022, then climbed by 10.73% to $3.8 billion in 2023, then rose by 6.5% to $4.0 billion in 2024, then climbed by 3.78% to $4.2 billion in 2025, then declined by 11.41% to $3.7 billion in 2026.
- Business Quant data shows KO's Operating Expenses at $3.7 billion in Q3 2026, $3.5 billion in Q2 2026, and $4.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,824.06 Bn | 1,824.06 Bn | 2.06 Bn | 1.49 Bn |
| 2 | Coca Cola | 372.04 Bn | 357.89 Bn | 8.42 Bn | 3.72 Bn |
| 3 | Pepsico | 187.60 Bn | 176.88 Bn | 13.11 Bn | 9.09 Bn |
| 4 | Coca-Cola Europacific Partners | 47.94 Bn | 46.77 Bn | - | - |
| 5 | Monster Beverage | 44.41 Bn | 40.99 Bn | 1.42 Bn | 679.19 Mn |
| 6 | Keurig Dr Pepper | 39.32 Bn | 38.42 Bn | 2.10 Bn | 1.34 Bn |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | -225.94 Bn |
| 8 | Coca-Cola Consolidated | 10.49 Bn | 10.32 Bn | 778.41 Mn | 507.07 Mn |
| 9 | Primo Brands | 8.43 Bn | 8.07 Bn | 548.70 Mn | 355.50 Mn |
| 10 | Celsius Holdings | 6.91 Bn | 6.28 Bn | 393.69 Mn | 318.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 3.72 Bn |
| Apr 3, 2026 | 3.47 Bn |
| Dec 31, 2025 | 4.20 Bn |
| Sep 26, 2025 | 3.62 Bn |
| Jun 27, 2025 | 3.47 Bn |
| Mar 28, 2025 | 3.23 Bn |
| Dec 31, 2024 | 4.05 Bn |
| Sep 27, 2024 | 3.64 Bn |
| Jun 28, 2024 | 3.55 Bn |
| Mar 29, 2024 | 3.35 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Sep 29, 2023 | 3.67 Bn |
| Jun 30, 2023 | 3.32 Bn |
| Mar 31, 2023 | 3.19 Bn |
| Dec 31, 2022 | 3.43 Bn |
| Sep 30, 2022 | 3.28 Bn |
| Jul 1, 2022 | 3.20 Bn |
| Apr 1, 2022 | 2.97 Bn |
| Dec 31, 2021 | 3.34 Bn |
| Oct 1, 2021 | 3.12 Bn |