The Coca-Cola Company's results for Q3 2026 (ended Oct 2, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-27. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $13,380 million (+7.4% vs a year earlier) |
| Diluted EPS (GAAP) | $0.93 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $0.91 |
| Full-year guidance | Raised |
Guidance
Coca-Cola raised 2026 guidance: organic revenue growth at least 5%, comparable EPS growth at least 11%, free cash flow at least $13.0 billion.
Why this label: Headline 'Raises Full Year Guidance': organic revenue growth at least 5% (prior ~5%), comparable EPS growth at least 11% (prior 9-10%).
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| organic revenue growth (non-GAAP) | FY2026 | at least 5% | approx. 5% |
| comparable currency neutral EPS growth excluding acquisitions and divestitures (non-GAAP) | FY2026 | at least 9% | 7%–8% |
| comparable EPS growth (non-GAAP) | FY2026 | at least 11% (incl. ~3% currency tailwind, ~1% A&D headwind) | 9%–10% |
| free cash flow (non-GAAP) | FY2026 | at least $13.0 billion | approx. $12.4 billion |
| underlying effective tax rate (non-GAAP) | FY2026 | 19.7% | 19.9% |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| comparable net revenues (non-GAAP) considerations | Q4 2026 | approx. 1% currency tailwind; approx. 4% headwind from acquisitions and divestitures |
| comparable EPS (non-GAAP) considerations | Q4 2026 | approx. 4% currency tailwind; approx. 3% headwind from acquisitions and divestitures |
From the release
Revenue: "Net Operating Revenues · $ · 13,380 · $ · 12,455 · 7"
Earnings per share: "EPS grew 8% to $0.93, and comparable EPS (non-GAAP) grew 11% to $0.91."
organic revenue growth (non-GAAP): "Organic revenues (non-GAAP) · At least 5% growth · Approx. 5% growth"
comparable currency neutral EPS growth excluding acquisitions and divestitures (non-GAAP): "Comparable currency neutral EPS excluding acquisitions and divestitures (non-GAAP) · At least 9% growth · 7% to 8% growth"
comparable EPS growth (non-GAAP): "Comparable EPS (non-GAAP) · At least 11% growth, which includes: • Approx. 3% currency tailwind 1 • Approx. 1% headwind from acquisitions and divestitures 2 · 9% to 10% growth, which includes:"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised 2026 comparable EPS growth guidance to at least 11% from 9%–10%.
Source
The Coca-Cola Company earnings release (SEC filing), accession 0001628280-26-067403, filed 2026-10-27.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.