Coca-Cola (KO) Q2 2026 earnings
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2026.
Brendan McDermid | Reuters
Coca-Cola is expected to report its second-quarter earnings on Tuesday before the bell.
Here’s what Wall Street analysts expect the company to report:
- Earnings per share: 93 cents expected
- Revenue: $13.16 billion expected
Despite economic uncertainty and volatility, the beverage giant has so far this year reported strong demand, thanks to high-income shoppers who are willing to pay more for premium products. Rival PepsiCo hasn’t had the same luck; the Gatorade owner reported earlier this month that its North American beverage volume fell 4% in the second quarter.
For the full year, Coke is projecting comparable earnings per share growth of 8% to 9% and organic revenue growth of 4% to 5%.
On July 17, the company disclosed a ransomware attack that targeted Fairlife, its billion-dollar dairy brand known for its high-protein products. Coke temporarily suspended production, but the company said on Monday that it had resumed the majority of operations. The stoppage is not expected to have a material impact on Coke’s financial conditions or operations, according to the company.
Shares of Coke have climbed more than 19% this year, outstripping the S&P 500’s gains of 8%. Coke has a market cap of nearly $360 billion.
