Coca-Cola (KO) revenue breakdown

Consumer Defensive · Beverages - Non-Alcoholic · Market cap $384.9B

By segment, North America is the largest at 40% of fiscal 2025 revenue, growing 7% a year over 9 years.

By product, Concentrate operations is the largest at 59% of fiscal 2025 revenue, growing 6% a year over 3 years.

Revenue by segment

Fiscal years, as Coca-Cola reports them in its 10-K filings; fiscal 2025 total $48.8B.

Segments2016201720182019202020212022202320242025Share
North America$10.3B$10.6B$11.6B$11.9B$11.5B$13.2B$15.7B$17.0B$18.9B$19.6B 40%
EMEA$7.3B$6.8B$7.1B$7.1B$6.1B$7.2B$7.5B$10.8B$11.0B$11.5B 24%
Latin America$3.8B$4.0B$4.0B$4.1B$3.5B$4.1B$4.9B$5.8B$6.5B$6.3B 13%
Bottling Investments$19.7B$11.3B$6.8B$7.4B$6.3B$7.2B$7.9B$7.9B$6.2B$5.7B 12%
Asia Pacific$5.3B$5.2B$5.2B$5.3B$4.7B$5.3B$5.4B$5.5B$5.6B$5.6B 12%
Global Ventures—$715M$770M$2.6B$2.0B$2.8B$2.8B——— —

Revenue by product

Fiscal years, as Coca-Cola reports them in its 10-K filings; fiscal 2025 total $47.9B.

Products2022202320242025Share
Concentrate operations$24.1B$26.5B$27.7B$28.5B 59%
Finished product operations$18.9B$19.2B$19.3B$19.5B 41%

Revenue by region

Fiscal years, as Coca-Cola reports them in its 10-K filings; fiscal 2025 total $47.9B.

Regions2016201720182019202020212022202320242025Share
International$22.0B$21.5B$23.0B$25.6B$21.7B$25.6B$27.6B$29.2B$28.7B$28.8B 60%
United States$19.9B$14.7B$11.3B$11.7B$11.3B$13.0B$15.4B$16.6B$18.4B$19.1B 40%
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Questions

Where does Coca-Cola make its money?

In fiscal 2025, by segment: North America $19.6B, EMEA $11.5B, Latin America $6.3B, Bottling Investments $5.7B, Asia Pacific $5.6B.

From Coca-Cola's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.