Red Coca-Cola cap covered in water droplets on a red background. Photo FoodAndPhoto/Shutterstock

Coca-Cola increases sales by 9% through September.

Coca-Cola Zero grows 16% in volume.

The Coca-Cola Company reported positive sales growth in the first nine months of 2026, driven by volume growth and the performance of its key brands.

Between January and September, revenues reached $39.232 billion, approximately €35.266 billion, 9% more than in the same period last year.

Net income attributable to shareholders reached $12.358 billion, a growth of 14%.

Organic revenues, which exclude certain exchange rate effects and changes in the consolidation scope, increased by 8%, while sales volume advanced by 4%.

Coca-Cola Zero Sugar stands out in the third quarter.

In the third quarter, revenues reached $13.380 billion, 7% more than in the same period of 2025.

Sales volume grew by 5%, with a highlight being carbonated beverages, which also registered a 5% increase. The Coca-Cola brand grew by 5% in volume, while Coca-Cola Zero Sugar showed a 16% increase. Diet Coke/Coca-Cola Light advanced by 6%. The growth of the sugar-free variant is one of the most significant results of the quarter.

Water sales grow by 8%, while sports drink sales decline.

The combined categories of water, sports drinks, coffee, and tea registered a 5% growth in volume. Water stood out with an 8% increase, while sports drinks showed a 3% decrease.

The combined volume of juices, value-added dairy products and plant-based beverages remained stable.

Following its third-quarter results, Coca-Cola revised its outlook for the year upwards. The company now forecasts organic revenue growth of at least 5% and an increase in comparable earnings per share of at least 11%.

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Conference poster Grande Consumo"Consumption in the Age of Unpredictability", November 4, 2026, Taguspark, Oeiras
Conference poster Grande Consumo"Consumption in the Age of Unpredictability", November 4, 2026, Taguspark, Oeiras
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