Coca-Cola says net income attributable to shareowners rose to $13.1 billion in 2025 (year to 31 December 2025), from $10.6 billion in 2024. Operating income climbed to $13.8 billion from $10.0 billion, after a 2024 that carried a $3.1 billion charge to remeasure the fairlife contingent payment. Net operating revenues edged up to $47.9 billion.
Sources: Form 10-K for fiscal 2025, Form 10-K for fiscal 2024. Analysis by The Business Engineer.
How we source: the figures in the boxes and charts on this page come from Coca-Cola’s own annual filing, with the period stated next to each number. Data checked 5 November 2026. The original article below may quote earlier periods. Our methodology.
More on Coca-Cola Profits and its peers
In 2024, The Coca-Cola Company reported net income of $10.63 billion, reflecting a slight decrease from the $10.7 billion earned in 2023. This marginal decline occurred despite a 3% increase in net revenues, which reached $47.1 billion for the year.
The company’s net income over the past four years is as follows:
| Figure | Value |
|---|---|
| Operating income, 2025 filing | $13.8B (29% of revenue) |
| Net income, 2025 filing | $13.1B |
| Revenue, 2025 filing | $47.9B |
Source: Coca-Cola Form 10-K (2025). Calculated figures are labelled.
Company explainer · Coca-Cola, explained
A 3-minute explainer of Coca-Cola's business model and latest numbers, built from its SEC filings. Analysis by The Business Engineer.
- 2021: $9.77 billion
- 2022: $9.54 billion
- 2023: $10.7 billion
- 2024: $10.63 billion
This trend indicates a period of steady profitability, with a peak in 2023 followed by a slight dip in 2024. Factors contributing to the 2024 performance include increased pricing strategies and a modest rise in concentrate sales, which helped offset challenges such as currency headwinds and higher operating expenses
Coca-Cola in charts
