In the latest quarter Q4'25, KO's Gross Margin stood at 60%, Operating Margin declined sharply to 15.6%, and Net Profit Margin was 19.2%, reflecting a mixed performance with cost pressures impacting profitability despite stable gross levels. Over the period from Q1'23 to Q4'25, Gross Margin exhibited relative stability, fluctuating between 57.3% and 62.6% with a slight upward trend in early 2025 before easing; Operating Margin showed volatility, dipping to a low of 18.9% in Q1'24 and peaking at 34.1% in Q2'25, but ending notably lower amid potential operational challenges; Net Profit Margin followed a similar volatile pattern, ranging from 18.2% to 30.4%, with consistent quarterly swings but no clear long-term direction, highlighting KO's sensitivity to external factors like input costs and market dynamics.