Cases of Coca-Cola brand soda are stacked at a Costco Wholesale store on November 13, 2025 in Simi Valley, California.
Kevin Carter | Getty Images
Coca-Cola reported its fourth-quarter earnings before the bell on Tuesday.
Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
- Adjusted earnings per share: 58 cents vs. 56 cents expected
- Adjusted revenue: $11.82 billion vs. $12.03 billion expected
Like rival PepsiCo, Coke has seen demand for its drinks soften in recent quarters as low-income shoppers look to save on their grocery bills. But the beverage giant’s pricier brands, like Fairlife and Smartwater, have been bright spots for the company, showing that high-income consumers are still willing to pay more for premium drinks.
This will mark CEO James Quincey’s last earnings report as chief executive. In December, the company announced that COO Henrique Braun will succeed him as CEO, effective March 31. Quincey will remain on Coke’s board as executive chair.
Shares of Coca-Cola have risen roughly 22% over the last year, raising its market value up to about $335 billion.
