)
Coca-Cola FEMSA (KOF) investor relations material
Coca-Cola FEMSA Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 volume reached a record 1,089.8 million unit cases, up 5.3% YoY, with growth across all operations; revenue increased 10.9% reported and 11.3% currency-neutral to Ps. 79,718 million.
Operating income rose 15.4% to Ps. 11,874 million, including Ps. 1,055 million of Brazil insurance-claim income; adjusted EBITDA increased 16.2% to Ps. 16,794 million.
Majority net income grew 5.5% to Ps. 6,223 million, as higher operating income was partly offset by higher financing expense and income tax.
Financial highlights
Gross profit grew 14.5% to Ps. 37,082 million; gross margin expanded 140 bps to 46.5%, supported by lower sweetener and PET costs and currency appreciation, partly offset by aluminum costs and mix.
Operating margin rose 60 bps to 14.9%; excluding the Brazil insurance recovery, operating income increased 7.4% and margin was 13.6%, down 40 bps.
Adjusted EBITDA margin increased 100 bps to 21.1%; excluding the insurance recovery, EBITDA grew 10.6% and margin was 19.7%.
YTD revenue rose 6.2% reported and 10.4% currency-neutral; operating income grew 8.0% and adjusted EBITDA 10.4% reported.
Q3 EPS was Ps. 0.37, or Ps. 2.96 per unit and Ps. 29.62 per ADS; transactions increased 5.4% to 6,528.4 million.
Outlook and guidance
Priorities for the rest of 2026 and into 2027 include revenue growth management, operating efficiencies, scale and digital capabilities; financial-market volatility and possible cost pressures remain considerations.
Mexico plans further RGM actions in November to address FX and raw-material impacts; daily sales trends were flat to gradually improving, and the 2027 outlook was moderately optimistic.
Management expects a more normalized 2027 in Mexico, without the 2025 consumer backlash or 2026 excise-tax increase; Brazil labor reform costs are to be addressed through productivity and RGM.
2027 commodity hedges secured 16% of PET, 85% of sugar, 94% of HFCS and 54% of aluminum requirements to date.
- Strong Q2 profit and margin growth in Brazil and Colombia offset Mexico's headwinds.KOF
Q2 2026 - South America’s growth and margin gains offset Mexico’s tax-driven volume and net income decline.KOF
Q1 2026 - Q4 2025 saw revenue and operating income growth, led by South America and strong ESG results.KOF
Q4 2025 - Revenue and operating income rose in Q3 2025, led by South America, despite volume declines.KOF
Q3 2025 - Revenue up 5% in Q2 2025 despite 5.5% volume drop; net income fell 5.3%.KOF
Q2 2025 - Double-digit revenue and profit growth, led by Brazil, with improved leverage and digital gains.KOF
Q3 2024 - Double-digit revenue and profit growth, with digital and capacity investments fueling momentum.KOF
Q2 2024 - Revenue up 10% and net income up 2.7%, with strong South America margins and Mexico headwinds.KOF
Q1 2025 - Strong Q4 and FY24 growth, margin expansion, and digital transformation despite headwinds.KOF
Q4 2024
Next Coca-Cola FEMSA earnings date
Next Coca-Cola FEMSA earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)