Spendscape
Companies · CPG

Coca-Cola

AdvertiserKO

Coca-Cola spent $5.40B on advertising and marketing in fiscal 2025, up 5.9% on the year before and +35% since 2019.

$5.40Bmarketing spend, FY2025
+5.9%vs the year before
Say brand/flatsay vs do

Marketing spend by year

2012: $3.30B2013: $3.30B132014: $3.50B2015: $4.00B152016: $4.00B2017: $4.00B172018: $4.00B2019: $4.00B192020: $3.00B2021: $4.00B212022: $4.00B2023: $5.00B232024: $5.10B2025: $5.40B25

Bars: advertising and marketing expense, $B (10-K).

What they told investors

“We got back to the brand equity scores.”James Quincey · 2025 Q2 · transcript

Say vs do

Say brand/flat. In 244 statements from its leaders in interviews, 11 argued for investing in brand and 1 for cutting; the filed spend went flat.

In the news

Peers