In Q1'26, KO's total operating expenses stood at $3.47B USD, entirely attributable to SG&A expenses, as R&D expenses remained at no data across all periods. This latest figure reflects a slight decline from Q4'25's $4.20B USD, primarily driven by lower SG&A costs. Over the period from Q2'23 to Q1'26, SG&A expenses exhibited a generally upward trend with periodic fluctuations, rising from $3.32B USD in Q2'23 to a peak of $4.20B USD in Q4'25, before dipping to $3.47B USD in Q1'26, indicating potential seasonal or operational adjustments. R&D expenses showed no data throughout, suggesting minimal or undisclosed investment in this area, while the stacked bar chart highlights SG&A as the dominant component of operating expenses, with overall costs increasing by approximately 5% year-over-year on average.