The Coca-Cola (KO) Revenue — Quarter Ended Mar 31, 2023
Revenue increased compared to the prior quarter and the same quarter one year earlier. The company's results reflect a challenging operating environment, including the suspension of its Russia operations and lingering COVID-19 effects.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased compared to the prior quarter and the same quarter one year earlier. The company's results reflect a challenging operating environment, including the suspension of its Russia operations and lingering COVID-19 effects.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$11B
Revenue reported for this quarter.
Quarter-over-quarter
+8.4%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$43.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 1, 2022 | $11.3B | +11.8% |
| Sep 30, 2022 | $11.1B | +10.2% |
| Dec 31, 2022 | $10.1B | +7.0% |
| Mar 31, 2023 | $11B | +4.7% |
Revenue performance
Revenue rose sequentially from the immediately preceding quarter and also exceeded the level achieved in the same quarter one year ago.
Quarterly comparison
Sequential revenue growth was positive, and the year-over-year comparison also showed an increase.
What to watch
A key area to watch is how the company manages ongoing inflationary and supply chain challenges.