Coca Cola annual gross margin
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2024
2025
Coca Cola Gross Margin Growth & History (KO)
Coca Cola's gross margin was 61.63% for fiscal 2025.
View full Coca Cola company overviewCoca Cola annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 61.63% | +0.56 pp |
| 2024 | 2024-12-31 | 61.06% | +1.54 pp |
| 2023 | 2023-12-31 | 59.52% | +1.38 pp |
| 2022 | 2022-12-31 | 58.14% | −2.13 pp |
| 2021 | 2021-12-31 | 60.27% | +0.96 pp |
| 2020 | 2020-12-31 | 59.31% | −1.46 pp |
| 2019 | 2019-12-31 | 60.77% | −1.13 pp |
| 2018 | 2018-12-31 | 61.90% | −0.21 pp |
| 2017 | 2017-12-31 | 62.11% | +1.44 pp |
| 2016 | 2016-12-31 | 60.67% | +0.14 pp |
| 2015 | 2015-12-31 | 60.53% | −0.58 pp |
| 2014 | 2014-12-31 | 61.11% | +0.42 pp |
| 2013 | 2013-12-31 | 60.68% | +0.36 pp |
| 2012 | 2012-12-31 | 60.32% | −0.54 pp |
| 2011 | 2011-12-31 | 60.86% | −2.99 pp |
| 2010 | 2010-12-31 | 63.86% | −0.36 pp |
| 2009 | 2009-12-31 | 64.22% | −0.17 pp |
| 2008 | 2008-12-31 | 64.39% | +0.45 pp |
| 2007 | 2007-12-31 | 63.94% | — |
Coca Cola quarterly gross margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 62.89% | +0.50 pp |
| Q1 2026 | 2026-04-03 | 62.96% | +0.36 pp |
| Q4 2025 | 2025-12-31 | 60.05% | +0.01 pp |
| Q3 2025 | 2025-09-26 | 61.49% | +0.83 pp |
| Q2 2025 | 2025-06-27 | 62.39% | +1.32 pp |
| Q1 2025 | 2025-03-28 | 62.59% | +0.07 pp |
| Q4 2024 | 2024-12-31 | 60.04% | +2.75 pp |
| Q3 2024 | 2024-09-27 | 60.65% | −0.38 pp |
| Q2 2024 | 2024-06-28 | 61.08% | +2.11 pp |
| Q1 2024 | 2024-03-29 | 62.52% | +1.84 pp |
| Q4 2023 | 2023-12-31 | 57.29% | +1.86 pp |
| Q3 2023 | 2023-09-29 | 61.04% | +2.31 pp |
| Q2 2023 | 2023-06-30 | 58.97% | +1.62 pp |
| Q1 2023 | 2023-03-31 | 60.68% | −0.32 pp |
| Q4 2022 | 2022-12-31 | 55.43% | −1.38 pp |
| Q3 2022 | 2022-09-30 | 58.73% | −1.67 pp |
| Q2 2022 | 2022-07-01 | 57.35% | −5.26 pp |
| Q1 2022 | 2022-04-01 | 61.00% | −0.14 pp |
| Q4 2021 | 2021-12-31 | 56.80% | −1.64 pp |
| Q3 2021 | 2021-10-01 | 60.40% | +0.51 pp |
| Q2 2021 | 2021-07-02 | 62.61% | +4.75 pp |
| Q1 2021 | 2021-04-02 | 61.14% | +0.34 pp |
| Q4 2020 | 2020-12-31 | 58.45% | −2.23 pp |
| Q3 2020 | 2020-09-25 | 59.88% | −0.49 pp |
| Q2 2020 | 2020-06-26 | 57.86% | −2.92 pp |
| Q1 2020 | 2020-03-27 | 60.81% | −0.49 pp |
| Q4 2019 | 2019-12-31 | 60.67% | +1.25 pp |
| Q3 2019 | 2019-09-27 | 60.38% | −1.49 pp |
| Q2 2019 | 2019-06-28 | 60.78% | −1.61 pp |
| Q1 2019 | 2019-03-29 | 61.30% | −2.80 pp |
| Q4 2018 | 2018-12-31 | 59.42% | −2.63 pp |
| Q3 2018 | 2018-09-28 | 61.87% | −0.74 pp |
| Q2 2018 | 2018-06-29 | 62.39% | +0.11 pp |
| Q1 2018 | 2018-03-30 | 64.10% | +2.62 pp |
| Q4 2017 | 2017-12-31 | 62.05% | +2.38 pp |
| Q3 2017 | 2017-09-29 | 62.61% | +1.46 pp |
| Q2 2017 | 2017-06-30 | 62.29% | +1.03 pp |
| Q1 2017 | 2017-03-31 | 61.47% | +1.05 pp |
| Q4 2016 | 2016-12-31 | 59.68% | +0.22 pp |
| Q3 2016 | 2016-09-30 | 61.15% | +1.20 pp |
| Q2 2016 | 2016-07-01 | 61.25% | +0.31 pp |
| Q1 2016 | 2016-04-01 | 60.43% | −1.27 pp |
| Q4 2015 | 2015-12-31 | 59.46% | −0.46 pp |
| Q3 2015 | 2015-10-02 | 59.95% | −1.39 pp |
| Q2 2015 | 2015-07-03 | 60.94% | −0.73 pp |
| Q1 2015 | 2015-04-03 | 61.69% | +0.30 pp |
| Q4 2014 | 2014-12-31 | 59.92% | −0.99 pp |
| Q3 2014 | 2014-09-26 | 61.34% | +1.18 pp |
| Q2 2014 | 2014-06-27 | 61.67% | +0.81 pp |
| Q1 2014 | 2014-03-28 | 61.39% | +0.58 pp |
| Q4 2013 | 2013-12-31 | 60.91% | +1.32 pp |
| Q3 2013 | 2013-09-27 | 60.16% | −0.51 pp |
| Q2 2013 | 2013-06-28 | 60.87% | +0.79 pp |
| Q1 2013 | 2013-03-29 | 60.82% | −0.14 pp |
| Q4 2012 | 2012-12-31 | 59.60% | −0.52 pp |
| Q3 2012 | 2012-09-28 | 60.67% | +0.48 pp |
| Q2 2012 | 2012-06-29 | 60.08% | −0.75 pp |
| Q1 2012 | 2012-03-30 | 60.96% | −1.50 pp |
| Q4 2011 | 2011-12-31 | 60.12% | +0.89 pp |
| Q3 2011 | 2011-09-30 | 60.20% | −5.17 pp |
| Q2 2011 | 2011-07-01 | 60.83% | −5.10 pp |
| Q1 2011 | 2011-04-01 | 62.46% | −3.77 pp |
| Q4 2010 | 2010-12-31 | 59.22% | −5.48 pp |
| Q3 2010 | 2010-10-01 | 65.37% | +1.84 pp |
| Q2 2010 | 2010-07-02 | 65.93% | +1.17 pp |
| Q1 2010 | 2010-04-02 | 66.23% | +2.36 pp |
| Q4 2009 | 2009-12-31 | 64.70% | — |
| Q3 2009 | 2009-10-02 | 63.53% | −0.49 pp |
| Q2 2009 | 2009-07-03 | 64.76% | −0.28 pp |
| Q1 2009 | 2009-04-03 | 63.87% | — |
| Q3 2008 | 2008-09-26 | 64.02% | — |
| Q2 2008 | 2008-06-27 | 65.05% | — |
Coca Cola gross margin trends
Over the last five fiscal years, Coca Cola's gross margin increased from 59.31% to 61.63%, a change of +2.31 percentage points. The latest reported quarter, Q2 2026, shows 62.89%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Coca Cola source filings ↗