---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-045577"
form_type: "8-K"
ticker: "KO"
cik: "0000021344"
company_name: "COCA COLA CO"
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T03:07:22.594964+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Coca-Cola Q3 2025: EPS $0.86, revenue $12.5B, refranchising Africa bottler

## Summary
- Reported EPS $0.86 (+30% YoY); comparable EPS $0.82 (+6%), with 6-point currency headwind.
- Net revenues $12.5B (+5% reported, +6% organic); unit case volume +1%, price/mix +6%.
- Operating margin 32.0% vs 21.2% PY; comparable margin 31.9% vs 30.7%.
- Coca-Cola HBC AG to acquire controlling interest in Coca-Cola Beverages Africa from company and Gutsche Family Investments.
- Year-to-date free cash flow $2.4B; $8.5B excluding $6.1B fairlife contingent consideration.

## SEC filing metadata
- accession: 0001628280-25-045577
- form_type: 8-K
- ticker: KO
- cik: 0000021344
- company_name: COCA COLA CO
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21344/000162828025045577/0001628280-25-045577-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21344/000162828025045577/ko-20251021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-045577
- JSON: https://secwatch.observer/filing/0001628280-25-045577.json
- Plain text: https://secwatch.observer/filing/0001628280-25-045577.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.