The company said net revenues for Q2 2025 grew 1% to $12.5 billion, and organic revenues (non-GAAP) grew 5%. It said price/mix grew 6% and concentrate sales declined 1%.

1. 01

   The company said net revenues for Q2 2025 grew 1% to $12.5 billion, and organic revenues (non-GAAP) grew 5%. It said price/mix grew 6% and concentrate sales declined 1%.

2. 02

   Coca-Cola said operating income for Q2 grew 63% to $4,280 million, and operating margin was 34.1%. It said comparable operating margin (non-GAAP) was 34.7%, diluted EPS was $0.88 and comparable EPS (non-GAAP) was $0.87.

3. 03

   The company said operating cash flow was negative $1.4 billion, reflecting the $6.1 billion fairlife contingent consideration payment made in Q1. Free cash flow (non-GAAP) was negative $2.1 billion, and excluding the payment, it was $3.9 billion.

4. 04

   The company said it maintained its full-year organic revenue (non-GAAP) growth outlook of 5% to 6% and expects comparable EPS (non-GAAP) growth of about 3% versus $2.88 in 2024. It said comparable EPS growth for Q3 is expected to include a currency headwind of 5% to 6%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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