Coca-Cola Q4 FY25: where the revenue came from and where it went
The whole income statement of Coca-Cola for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 27 – Dec 31, 2025
- Reported
- Feb 20, 2026
Revenue$11.8B
+2% year over year
Gross profit$7.1B
60% margin
Operating profit$1.8B
16% margin
Net profit$2.3B
19% margin
Net profit is larger than what operations earned, because the statement adds $1.1B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 11.8 | 100% | +2% |
| Cost of revenue | −4.7 | 40% | |
| Gross profit | 7.1 | 60% margin | +0pp |
| SG&A | −4.2 | 35% | +0pp |
| Other | −1.1 | 9% | +0pp |
| Operating profit | 1.8 | 16% margin | −8pp |
| Other income, net | 1.1 | ||
| Tax | −0.6 | ||
| Net profit | 2.3 | 19% margin | +0pp |
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