Coca-Cola Outperforms PepsiCo in Q2 2026 Results

PepsiCo and Coca-Cola have released their Q2 2026 results, showing contrasting performances. While Pepsi reaffirmed its full-year guidance, Coca-Cola raised its forecast due to a 5% global unit case volume growth.

Coca-Cola's revenue reached $13.38 billion, with the company citing the FIFA World Cup platform as a major contributor to its success. The event generated over 25 million first-party data points across more than 180 markets.

PepsiCo, on the other hand, posted $24.18 billion in revenue but saw uneven growth across its segments. The company's Frito-Lay business fell short of expectations due to soft convenience and gas-station traffic.