Coca Cola annual operating expenses
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Coca Cola Operating Expenses Growth & History (KO)
Coca Cola's operating expenses was $15.78B for fiscal 2025.
View full Coca Cola company overviewCoca Cola annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $15.78B | −$2.96B | −15.81% |
| 2024 | 2024-12-31 | $18.75B | $2.82B | +17.72% |
| 2023 | 2023-12-31 | $15.92B | $1.83B | +12.97% |
| 2022 | 2022-12-31 | $14.10B | $1.10B | +8.51% |
| 2021 | 2021-12-31 | $12.99B | $2.41B | +22.73% |
| 2020 | 2020-12-31 | $10.58B | −$1.98B | −15.74% |
| 2019 | 2019-12-31 | $12.56B | $480.0M | +3.97% |
| 2018 | 2018-12-31 | $12.08B | −$2.65B | −18.02% |
| 2017 | 2017-12-31 | $14.74B | −$2.00B | −11.98% |
| 2016 | 2016-12-31 | $16.74B | −$1.34B | −7.43% |
| 2015 | 2015-12-31 | $18.08B | −$317.0M | −1.72% |
| 2014 | 2014-12-31 | $18.40B | $196.0M | +1.08% |
| 2013 | 2013-12-31 | $18.20B | $20.0M | +0.11% |
| 2012 | 2012-12-31 | $18.18B | $31.0M | +0.17% |
| 2011 | 2011-12-31 | $18.15B | $4.14B | +29.55% |
| 2010 | 2010-12-31 | $14.01B | $2.34B | +20.07% |
| 2009 | 2009-12-31 | $11.67B | −$453.0M | −3.74% |
| 2008 | 2008-12-31 | $12.12B | $925.0M | +8.26% |
| 2007 | 2007-12-31 | $11.20B | — | — |
Coca Cola quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.72B | $179.0M | +5.06% |
| Q1 2026 | 2026-04-03 | $3.49B | $186.0M | +5.62% |
| Q4 2025 | 2025-12-31 | $5.26B | $1.04B | +24.54% |
| Q3 2025 | 2025-09-26 | $3.68B | −$1.00B | −21.45% |
| Q2 2025 | 2025-06-27 | $3.54B | −$1.38B | −28.01% |
| Q1 2025 | 2025-03-28 | $3.31B | −$1.62B | −32.84% |
| Q4 2024 | 2024-12-31 | $4.22B | $280.0M | +7.10% |
| Q3 2024 | 2024-09-27 | $4.68B | $654.0M | +16.24% |
| Q2 2024 | 2024-06-28 | $4.92B | $260.0M | +5.58% |
| Q1 2024 | 2024-03-29 | $4.92B | $1.63B | +49.39% |
| Q4 2023 | 2023-12-31 | $3.94B | $405.0M | +11.45% |
| Q3 2023 | 2023-09-29 | $4.03B | $617.0M | +18.10% |
| Q2 2023 | 2023-06-30 | $4.66B | $505.0M | +12.16% |
| Q1 2023 | 2023-03-31 | $3.30B | $301.0M | +10.05% |
| Q4 2022 | 2022-12-31 | $3.54B | −$167.0M | −4.51% |
| Q3 2022 | 2022-09-30 | $3.41B | $242.0M | +7.64% |
| Q2 2022 | 2022-07-01 | $4.15B | $828.0M | +24.89% |
| Q1 2022 | 2022-04-01 | $3.00B | $202.0M | +7.23% |
| Q4 2021 | 2021-12-31 | $3.70B | $1.01B | +37.44% |
| Q3 2021 | 2021-10-01 | $3.17B | $284.0M | +9.85% |
| Q2 2021 | 2021-07-02 | $3.33B | $1.17B | +54.27% |
| Q1 2021 | 2021-04-02 | $2.79B | −$57.0M | −2.00% |
| Q4 2020 | 2020-12-31 | $2.69B | −$643.0M | −19.26% |
| Q3 2020 | 2020-09-25 | $2.88B | −$358.0M | −11.05% |
| Q2 2020 | 2020-06-26 | $2.16B | −$932.0M | −30.18% |
| Q1 2020 | 2020-03-27 | $2.85B | −$44.0M | −1.52% |
| Q4 2019 | 2019-12-31 | $3.34B | $261.0M | +8.48% |
| Q3 2019 | 2019-09-27 | $3.24B | $426.0M | +15.13% |
| Q2 2019 | 2019-06-28 | $3.09B | −$24.0M | −0.77% |
| Q1 2019 | 2019-03-29 | $2.89B | −$183.0M | −5.95% |
| Q4 2018 | 2018-12-31 | $3.08B | −$572.0M | −15.68% |
| Q3 2018 | 2018-09-28 | $2.81B | −$624.0M | −18.14% |
| Q2 2018 | 2018-06-29 | $3.11B | −$894.0M | −22.32% |
| Q1 2018 | 2018-03-30 | $3.08B | −$565.0M | −15.51% |
| Q4 2017 | 2017-12-31 | $3.65B | −$580.0M | −13.71% |
| Q3 2017 | 2017-09-29 | $3.44B | −$792.0M | −18.72% |
| Q2 2017 | 2017-06-30 | $4.01B | −$203.0M | −4.82% |
| Q1 2017 | 2017-03-31 | $3.64B | −$430.0M | −10.56% |
| Q4 2016 | 2016-12-31 | $4.23B | −$199.0M | −4.49% |
| Q3 2016 | 2016-09-30 | $4.23B | −$240.0M | −5.37% |
| Q2 2016 | 2016-07-01 | $4.21B | −$664.0M | −13.63% |
| Q1 2016 | 2016-04-01 | $4.07B | −$240.0M | −5.57% |
| Q4 2015 | 2015-12-31 | $4.43B | −$636.0M | −12.56% |
| Q3 2015 | 2015-10-02 | $4.47B | −$164.0M | −3.54% |
| Q2 2015 | 2015-07-03 | $4.87B | $288.0M | +6.28% |
| Q1 2015 | 2015-04-03 | $4.31B | $195.0M | +4.74% |
| Q4 2014 | 2014-12-31 | $5.06B | $444.0M | +9.61% |
| Q3 2014 | 2014-09-26 | $4.63B | −$130.0M | −2.73% |
| Q2 2014 | 2014-06-27 | $4.58B | $68.0M | +1.51% |
| Q1 2014 | 2014-03-28 | $4.12B | −$186.0M | −4.32% |
| Q4 2013 | 2013-12-31 | $4.62B | −$24.0M | −0.52% |
| Q3 2013 | 2013-09-27 | $4.76B | $71.0M | +1.51% |
| Q2 2013 | 2013-06-28 | $4.52B | −$50.0M | −1.09% |
| Q1 2013 | 2013-03-29 | $4.30B | $23.0M | +0.54% |
| Q4 2012 | 2012-12-31 | $4.64B | −$37.0M | −0.79% |
| Q3 2012 | 2012-09-28 | $4.69B | $75.0M | +1.62% |
| Q2 2012 | 2012-06-29 | $4.57B | −$2.0M | −0.04% |
| Q1 2012 | 2012-03-30 | $4.28B | −$5.0M | −0.12% |
| Q4 2011 | 2011-12-31 | $4.68B | −$411.0M | −8.07% |
| Q3 2011 | 2011-09-30 | $4.62B | $1.46B | +45.99% |
| Q2 2011 | 2011-07-01 | $4.57B | $1.61B | +54.57% |
| Q1 2011 | 2011-04-01 | $4.29B | $1.48B | +52.98% |
| Q4 2010 | 2010-12-31 | $5.09B | $2.01B | +65.38% |
| Q3 2010 | 2010-10-01 | $3.16B | $204.0M | +6.89% |
| Q2 2010 | 2010-07-02 | $2.96B | $40.0M | +1.37% |
| Q1 2010 | 2010-04-02 | $2.80B | $85.0M | +3.13% |
| Q4 2009 | 2009-12-31 | $3.08B | — | — |
| Q3 2009 | 2009-10-02 | $2.96B | −$226.0M | −7.09% |
| Q2 2009 | 2009-07-03 | $2.92B | −$289.0M | −9.02% |
| Q1 2009 | 2009-04-03 | $2.72B | — | — |
| Q3 2008 | 2008-09-26 | $3.19B | — | — |
| Q2 2008 | 2008-06-27 | $3.21B | — | — |
Coca Cola operating expenses trends
Over the last five fiscal years, Coca Cola's operating expenses increased from $10.58B to $15.78B, a change of $5.20B. The latest reported quarter, Q2 2026, shows $3.72B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Coca Cola source filings ↗