As of Q4'25 (2025-12-31), KO reported an operating income of USD 3.1B, with a year-over-year (YoY) growth rate of 14.6%. This marks a significant improvement compared to the previous quarter, although it is lower than the peak operating income of USD 4.28B observed in Q2'25. Over the period from Q1'23 to Q4'25, KO's operating income exhibited notable volatility, with periods of both sharp decline and robust recovery. After a dip in Q1'24 (USD 2.14B, -36.4% YoY), the company rebounded strongly, reaching record highs in Q2'25 (USD 4.28B, +62.6% YoY) and maintaining elevated levels through Q3'25. The YoY growth rates highlight this turnaround, shifting from negative territory in early 2024 to sustained double-digit and even triple-digit gains throughout 2025, indicating a strong recovery and positive momentum in operational performance.