Coca-Cola (NYSE: KO) — Q3 2026 Pre Earnings

WHAT TO WATCH

Bottled Water is a Key Product of Coca-Cola

Bottled Water sits within Coca-Cola’s “Concentrate Operations” and “Finished Product Operations” segments. The segments make up 100.0% of Coca-Cola’s revenue. Concentrate Operations grew 6.9% and is Coca-Cola’s Key Earnings Driver. Keurig Dr Pepper’s KDP International segment grew fastest in the group at 25.9%.

Coca-Cola’s segments total $13.38B, the second largest of the three companies reporting in US dollars behind PepsiCo’s $14.52B, and represent 42.8% of their combined segment revenue. Finished Product Operations grew 6.4%.

Analyze Bottled Water →

How does the company compare with its competitors?

6 companies sell Bottled Water

CCEP
KDP
KO
MNST
PEP
SBUX

Growth rank

#3 of 3

↑ 6.9% year on year in the reported segment

Size rank

#2 of 3

$13.38B segment revenue

Share of the combined segments

42.8%

of $31.24B across 3 companies that report one

Dependence on these segments

100.0%

of KO’s total revenue

MNST and SBUX do not report segment revenue for Bottled Water. CCEP reports in EUR; only companies reporting in USD are ranked. Coverage: Nasdaq 100 and S&P 100.

Coca-Cola’s Key Operating Metrics

METRIC

STATUS

Concentrate Operations↑ 6.9%

🟢 Scaling

Finished Product Operations↑ 6.4%