Every 10-Q that Coca-Cola Consolidated, Inc. (COKE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow COKE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full COKE filings page.
Coca-Cola Consolidated, Inc. reported higher sales but lower earnings for the second quarter of 2026. Beverage volume grew 7.6% in the quarter and 10.3% in the first half, led by both Sparkling and Still categories, while net sales increased 10.6% to $2.1 billion, helped by pricing and Fourth of July timing.
Gross profit rose, but gross margin compressed as elevated aluminum costs added about $45 million of input costs that outpaced pricing. SD&A expenses grew 7.8% but fell as a percentage of sales. Income from operations was roughly flat year over year, and reported net income declined to $158.8 million in Q2 and $270.4 million for the first half, pressured by higher interest expense from new term loans and non-cash fair value increases on acquisition-related contingent consideration and commodity hedges. Operating cash flow for the first half was strong at $420.6 million; the company invested about $147 million in capital expenditures, repaid $275 million of term debt, and ended the period with a significant debt load and a $760.4 million contingent consideration liability tied to long-term sub-bottling payments.
Coca-Cola Consolidated reported strong top-line growth for the first quarter of 2026, but tighter margins and higher financing costs weighed on earnings quality. Net sales rose to $1.85 billion, up 16.9%, helped by six extra days in the quarter; on an adjusted basis, sales grew 8.5% as case volume increased 6.4%.
Gross profit increased $100 million to $727.1 million, but gross margin slipped to 39.4% as higher aluminum costs added about $35 million of input expense, outpacing pricing actions. Selling, delivery and administrative expenses rose 12.0%, driven by wage and benefits investments, though as a percentage of sales they were roughly flat on an adjusted basis.
Income from operations was $237.5 million, up 25.1%, while net income reached $111.6 million, up 7.7%. However, adjusted net income declined 12.3% to $119.5 million due to margin compression, sharply higher interest expense of $32.1 million and a $53.4 million non‑cash mark‑to‑market increase on acquisition‑related contingent consideration. Operating cash flow was $205.3 million, and total debt stood at $2.64 billion against a reported stockholders’ deficit.
Coca‑Cola Consolidated, Inc. (COKE) reported stronger third‑quarter results. Net sales rose to $1,888,317,000 from $1,765,652,000 a year ago, with income from operations up to $246,634,000 from $227,055,000. Net income increased to $142,334,000 from $115,624,000, and diluted EPS for both classes was $1.64 versus $1.32.
For the first nine months, net sales reached $5,323,813,000 (from $5,153,221,000), while net income was $433,332,000 (from $454,177,000). Operating cash flow was strong at $722,913,000. Quarter results included a $49,350,000 mark‑to‑market expense on acquisition‑related contingent consideration.
Cash and equivalents were $1,532,473,000 and total assets $5,668,510,000 as of September 26, 2025. The company executed a 10‑for‑1 stock split effective May 27, 2025 and retired treasury stock in Q3. Under the $1.00 billion share repurchase program, 961,379 shares were repurchased in Q3 2025. Shares outstanding were 75,402,476 Common and 10,046,960 Class B as of October 17, 2025.