Coca-Cola FEMSA公布2026年第三季度业绩：收入增长10.9%，营业收入增长15.4%

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026
Commission File Number 1-12260

COCA-COLA FEMSA, S.A.B. de C.V.

(Translation of registrant’s name into English)

United Mexican States

(Jurisdiction of incorporation or organization)

Calle Mario Pani No. 100,
Santa Fe Cuajimalpa,
Cuajimalpa de Morelos,
05348, Ciudad de México,

México

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X   Form 40-F     

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)

Yes    No  X 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)

Yes    No  X 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes    No  X 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with

Rule 12g3-2(b): 82-__.

Mexico City, October 26, 2026, Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFUBL, NYSE: KOF) (“Coca-Cola FEMSA”, “KOF” or the “Company”), the largest Coca-Cola franchise bottler in the world by sales volume, announces results for the third quarter of 2026.

Ian Craig, Coca-Cola FEMSA’s CEO, commented:

“I would like to express our solidarity with the communities affected by the earthquake that struck Colombia in August. We joined forces with FEMSA and The Coca-Cola Company to provide beverages, meals, and essential supplies, and remain committed to support affected traditional trade stores.

During the third quarter, we delivered volume growth across all our operations, achieved a record third-quarter consolidated volume, and continued to gain market share. In Mexico, our revenue growth management strategy enabled us to sustain a strong competitive position and drive sequential improvement in our results, despite consumer conditions that remained challenging throughout the quarter.

South America delivered strong performance, with double-digit operating income growth in Brazil and Colombia driving the results. Our leadership position was further strengthened by the acceleration of our digital transformation and the momentum across our broad portfolio.

Our geographic diversification continues to deliver value, with the strength and balance of our operations supporting our consolidated results and reinforcing the resilience of our business”.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 2 of 17

RECENT DEVELOPMENTS

CONFERENCE CALL INFORMATION

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 3 of 17

CONSOLIDATED THIRD QUARTER RESULTS

Volume increased 5.3% to 1,089.8 million-unit cases, driven by volume growth in all our operations.

Total revenues increased 10.9% to Ps. 79,718 million. This increase was driven mainly by volume growth, coupled with revenue management initiatives, which were partially offset by unfavorable mix and negative translation effects from most our operating currencies into Mexican pesos. Excluding currency translation effects, total revenues increased 11.3%.

Gross profit increased 14.5% to Ps. 37,082 million, and gross margin expanded 140 basis points to 46.5%. This expansion was driven mainly by lower sweetener and PET costs supported by our raw material hedging initiatives, coupled with the appreciation of most of our operating currencies as applied to our U.S. dollar-denominated raw material costs. These effects were partially offset by unfavorable mix effects, coupled with higher aluminum costs. Excluding currency translation effects, gross profit increased 14.8%.

Operating income increased 15.4% to Ps. 11,874 million, and operating margin expanded 60 basis points to 14.9%. This margin expansion was driven mainly by the recognition of Ps. 1,055 million, net of expenses, related to insurance claims in Brazil. Additionally, operating leverage and expense efficiencies in IT expenses and rent contributed to profitability. These effects were partially offset by an increase in freight, marketing, labor, and maintenance expenses. Moreover, we registered an operative foreign exchange loss in the quarter as compared to a gain in the same period of the previous year. Excluding currency translation effects, operating income increased 16.4%.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 4 of 17

Comprehensive financing result recorded an expense of Ps. 2,019 million, compared to an expense of Ps. 1,290 million in the previous year. This increase was driven mainly by higher interest expense, net, reflecting the issuance of new debt during the first quarter of 2026 in Mexican pesos, partially offset by higher interest income from a stronger cash position.

In addition, we recorded a loss on financial instruments of Ps. 377 million, as compared to a loss of Ps. 39 million in the same period of the previous year, reflecting higher interest rates in Brazil.

Additionally, we recognized a lower gain in monetary positions in inflationary subsidiaries related to Argentina for Ps. 64 million as compared to a gain of Ps. 136 million recorded in the same period of the previous year.

These effects were partially offset by a lower foreign exchange loss of Ps. 23 million in the third quarter of 2026 as compared to a loss of Ps. 65 million in the same period of the previous year. The loss this year was driven mainly by the quarterly appreciation of the Colombian peso as applied to our U.S. dollar-denominated cash position.

Income tax as a percentage of income before taxes was 33.4% as compared to 30.9% during the same period of 2025. This increase was driven mainly by inflationary effects in Mexico.

Net income attributable to equity holders of the company increased 5.5% to reach Ps. 6,223 million. This increase was driven mainly by an increase in our operating income, partially offset by a higher income tax and increase in our comprehensive financing result. Earnings per share¹ were Ps. 0.37 (Earnings per unit were Ps. 2.96 and per ADS were Ps. 29.62.).

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 5 of 17

CONSOLIDATED FIRST NINE MONTHS RESULTS

Volume increased 3.4% to 3,160.0 million-unit cases, driven by volume increases in all our operations.

Total revenues increased 6.2% to Ps. 227,190 million. This increase was driven mainly by volume growth, coupled with revenue management initiatives, partially offset by unfavorable currency translation effects from most of our operating currencies into Mexican pesos and mix effects. Excluding currency translation effects, total revenues increased 10.4%.

Gross profit increased 9.8% to Ps. 106,374 million, and gross margin expanded 150 basis points to 46.8%. This performance was driven mainly by lower sweetener costs, top-line growth, raw material hedging initiatives, and the appreciation of most of our operating currencies as applied to our U.S. dollar-denominated raw material costs. Excluding currency translation effects, gross profit increased 14.1%.

Operating income increased 8.0% to Ps. 31,574 million, while operating margin expanded 20 basis points to 13.9%. This margin expansion was driven mainly by the recognition of an income of Ps. 1,313 million related to insurance claims in Brazil and Mexico, and higher operating leverage and expense efficiencies such IT expenses and rent. These effects were offset by higher marketing, depreciation, freight, and maintenance expenses. Moreover, we registered a lower operative foreign exchange gain in the period as compared to the same period of the previous year. Excluding currency translation effects, operating income increased 11.9%.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 6 of 17

Comprehensive financing result recorded an expense of Ps. 5,103 million, compared to an expense of Ps. 3,588 million in the same period of the previous year. This increase was driven mainly by a higher interest expense, net, of Ps. 4,853 million as compared to Ps. 4,049 million in the same period of the previous year resulting from higher interest expense, driven mainly by new debt issued during the second quarter of 2025 and the first quarter of 2026.

Additionally, we recorded a loss in financial instruments of Ps. 456 million as compared to a gain of Ps. 249 million in the same period of the previous year, resulting from the market value of financial instruments.

These effects were partially offset by a gain in monetary positions in inflationary subsidiaries related to Argentina for Ps. 250 million as compared to a gain of Ps. 275 million in the same period of the previous year.

Income tax as a percentage of income before taxes was 33.2% as compared to 33.4% during the same period of 2025.

Net income attributable to equity holders of the company was Ps. 16,784 million as compared to Ps 16,343 million during the same period of the previous year. This increase was driven mainly by an increase in our operating income, partially offset by a higher comprehensive financing result. Earnings per share¹ were Ps. 1.00 (Earnings per unit were Ps. 7.99 and per ADS were Ps. 79.89.).

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 7 of 17

MEXICO & CENTRAL AMERICA DIVISION THIRD QUARTER RESULTS

Volume increased 4.8% to 641.5 million-unit cases, driven by volume growth in all our territories in the division.

Total revenues increased 8.3% to Ps. 45,976 million. This performance was driven mainly by volume increases, coupled with revenue management initiatives, partially offset by unfavorable mix and currency translation effects from most of our operating currencies in the division into Mexican pesos. Excluding currency translation effects, total revenues increased 9.3%.

Gross profit increased 11.6% to Ps. 22,507 million, and gross margin expanded 150 basis points to 49.0%. This margin expansion was driven mainly by lower sweetener and PET costs as compared to the previous year, coupled with the appreciation of all the currencies in the division as applied to our U.S. dollar-denominated raw material costs. These effects were partially offset by unfavorable mix effects. Excluding currency translation, gross profit increased 12.6%

Operating income decreased 3.1% to Ps. 6,574 million, and operating margin contracted 170 basis points to 14.3%. This operating margin contraction was driven mainly by higher operating expenses, particularly in marketing, depreciation, maintenance, and freight. In addition, this year we reported a loss in operating foreign exchange as compared to a gain in the same period of the previous year. These effects were partially offset by expense efficiencies in rent and IT. Excluding currency translation effects, operating income decreased 2.2%

⁽²⁾              Adjusted EBITDA = operating income + depreciation + amortization & other operating non-cash charges.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 8 of 17

SOUTH AMERICA DIVISION THIRD QUARTER RESULTS

Volume increased 6.0% to 448.3 million-unit cases, driven by volume growth in all our operations, mainly 15.9% in Colombia and 3.9% in Brazil.

Total revenues increased 14.7% to Ps. 33,742 million. This increase was driven mainly by volume growth, revenue management initiatives, and a favorable currency translation effect from Colombia into Mexican pesos, partially offset by an unfavorable currency translation effect from the rest of our operating currencies in the division into Mexican pesos. Excluding currency translation effects, total revenues increased 14.1%.

Gross profit increased 19.2% to Ps. 14,575 million, and gross margin expanded 160 basis points to 43.2% This expansion was driven mainly by our top-line performance, coupled with our hedging initiatives, together with the appreciation of most of our operating currencies as applied to our U.S. dollar-denominated raw material costs. These effects were partially offset by higher aluminum cost. Excluding currency translation effects, gross profit increased 18.4%.

Operating income increased 51.2% to Ps. 5,300 million, resulting in an operating margin expansion of 380 basis points to 15.7%. This performance includes the recognition of Ps. 1,055 million in income related to insurance claims in Brazil, net of expenses. Additionally, operating leverage and expense efficiencies contributed to the positive performance. These effects were partially offset by higher marketing, freight, depreciation, and labor expenses. Excluding currency translation effects, operating income increased 52.3%.

⁽²⁾              Adjusted EBITDA = operating income + depreciation + amortization & other operating non-cash charges.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 9 of 17

DEFINITIONS

Volume is expressed in unit cases. Unit case refers to 192 ounces of finished beverage product (24 eight-ounce servings) and, when applied to soda fountains, refers to the volume of syrup, powders, and concentrate that is required to produce 192 ounces of finished beverage product.

Transactions refer to the number of single units (e.g., a can or a bottle) sold, regardless of their size or volume or whether they are sold individually or in multipacks, except for soda fountains, which represent multiple transactions based on a standard 12 oz. serving.

Operating income is a non-GAAP financial measure computed as “gross profit – operating expenses – other operating expenses, net + operative equity method (gain) loss in associates.”

Adjusted EBITDA is a non-GAAP financial measure computed as “operating income + depreciation + amortization & other operating non-cash charges.”

Earnings per share are equal to “quarterly earnings / shares outstanding.” Earnings per share (EPS) are calculated using 16,806,658,096 shares outstanding. For the convenience of the reader, as a KOFUBL Unit is comprised of 8 shares (3 Series B shares and 5 Series L shares), earnings per unit are equal to EPS multiplied by 8. Each ADS represents 10 KOFUBL Units.

COMPARABILITY

Our “comparable” term means, with respect to a year-over-year comparison, the change of a given measure excluding translation effects resulting from exchange rate movements. In preparing this measure, management has used its best judgment, estimates, and assumptions to maintain comparability.

Due to the average depreciation of the Argentine peso and most of the operating currencies relative to the Mexican peso in the third quarter of 2026, as compared to the same period of 2025, we had an unfavorable currency translation effect into Mexican pesos. Please see page 17 for exchange rate fluctuations.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 10 of 17

ABOUT THE COMPANY

Stock listing information: Mexican Stock Exchange, Ticker: KOFUBL | NYSE (ADS), Ticker: KOF | Ratio of KOFUBL to KOF = 10:1

Coca-Cola FEMSA files reports, including annual reports and other information, with the U.S. Securities and Exchange Commission, or the “SEC”, and the Mexican Stock Exchange (Bolsa Mexicana de Valores, or the “BMV”) pursuant to the rules and regulations of the SEC (that apply to foreign private issuers) and of the BMV. Filings we make electronically with the SEC and the BMV are available to the public on the Internet at the SEC’s website at www.sec.gov, the BMV’s website at www.bmv.com.mx, and our website at www.coca-colafemsa.com.

Coca-Cola FEMSA, S.A.B. de C.V. is the largest Coca-Cola franchise bottler in the world by sales volume. The Company produces and distributes trademark beverages of The Coca-Cola Company, offering a wide portfolio to more than 268 million consumers. With over 90,000 employees, the Company markets and sells approximately 4.2 billion-unit cases through more than 2.1 million points of sale a year. Operating 55 manufacturing plants and 256 distribution centers, Coca-Cola FEMSA is committed to generating economic, social, and environmental value for all its stakeholders across the value chain. The Company is a member of the Dow Jones Best-In-Class World Index, Dow Jones Best-In-Class MILA Pacific Alliance Index, FTSE4Good Emerging Index, S&P/BMV Total Mexico ESG Index, and the MSCI ACWI Index. Its operations encompass certain territories in Mexico, Brazil, Guatemala, Colombia, and Argentina and, nationwide, in Costa Rica, Nicaragua, Panama, Uruguay and, in Venezuela, through an investment in Coca-Cola FEMSA de Venezuela, S.A. For further information, please visit www.coca-colafemsa.com

ADDITIONAL INFORMATION

All the financial information presented in this report was prepared under International Financial Reporting Standards (IFRS).

This news release may contain forward-looking statements concerning Coca-Cola FEMSA’s future performance, which should be considered as good faith estimates by Coca-Cola FEMSA. These forward-looking statements reflect management’s expectations and are based upon currently available data. Actual results are subject to future events and uncertainties, many of which are outside Coca-Cola FEMSA’s control, which could materially impact the Company’s actual performance. References herein to “US$” are to United States dollars. This news release contains translations of certain Mexican peso amounts into U.S. dollars for the convenience of the reader. These translations should not be construed as representations that Mexican peso amounts represent such U.S. dollar amounts or could be converted into U.S. dollars at the rate indicated.

(6 pages of tables to follow)

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 11 of 17

⁽¹⁾              Except volume and average price per unit case figures.

⁽²⁾              Please refer to pages 15 and 16 for revenue breakdown.

⁽³⁾              Includes equity method in Jugos del Valle and Leão Alimentos, among others.

⁽⁴⁾              Includes equity method in PIASA, IEQSA, Beta San Miguel, IMER, and KSP Participacoes, among others.

⁽⁵⁾              The operating income and adjusted EBITDA lines are presented as non-GAAP measures for the convenience of the reader.

⁽⁶⁾              Adjusted EBITDA = operating income + depreciation, amortization & other operating non-cash charges.

⁽⁷⁾              Please refer to page 10 for our definition of “comparable” and a description of the factors affecting the comparability of our financial and operating performance.

⁽⁸⁾              As of September 30, 2026, the investment in fixed assets effectively paid is equivalent to Ps. 9,902 million.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 12 of 17

⁽¹⁾              Except volume and average price per unit case figures.

⁽²⁾              Please refer to pages 15 and 16 for revenue breakdown.

⁽³⁾              Includes equity method in Jugos del Valle, among others.

⁽⁴⁾              The operating income and adjusted EBITDA lines are presented as non-GAAP measures for the convenience of the reader.

⁽⁵⁾              Adjusted EBITDA = operating income + depreciation, amortization & other operating non-cash charges.

⁽⁶⁾              Please refer to page 10 for our definition of “comparable” and a description of the factors affecting the comparability of our financial and operating performance.

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 13 of 17

COCA-COLA FEMSA
CONSOLIDATED BALANCE SHEET
Millions of Pesos
Assets		Sep-26	Dec-25	% Var.		Liabilities & Equity		Sep-26	Dec-25	% Var.
Current Assets						Current Liabilities
Cash, cash equivalents and marketable securities						Short-term bank loans and notes payable		11,518	7,944	45%
		46,772	28,067	67%		Suppliers		29,293	31,898	-8%
Total accounts receivable		18,570	22,146	-16%		Short-term leasing Liabilities		938	631	49%
Inventories		14,781	14,014	5%		Other current liabilities		41,366	26,284	57%
Other current assets		14,223	10,343	38%		Total current liabilities		83,114	66,757	25%
Total current assets		94,347	74,570	27%		Non-Current Liabilities		-	-
Non-Current Assets		-	-			Long-term bank loans and notes payable		72,852	71,834	1%
Property, plant and equipment		186,087	174,289	7%		Long Term Leasing Liabilities		3,040	2,273	34%
Accumulated depreciation		(72,663)	(65,159)	12%		Other long-term liabilities		24,883	19,647	27%
Total property, plant and equipment, net		113,425	109,130	4%		Total liabilities		183,888	160,511	15%
Right of use assets		3,678	2,617	41%		Equity		-	-
Investment in shares		10,829	10,588	2%		Non-controlling interest		9,255	7,827	18%
Intangible assets and other assets		104,715	102,356	2%		Total controlling interest		151,080	146,201	3%
Other non-current assets		17,229	15,278	13%		Total equity		160,335	154,029	4%
Total Assets		344,224	314,539	9%		Total Liabilities and Equity		344,224	314,539	9%
		September 30, 2026
Debt Mix		% Total Debt (1)	% Interest Rate Floating (1) (2)	Average Rate		Debt Maturity Profile
Currency
Mexican Pesos		62.0%	3.0%	8.9%
U.S. Dollars		14.4%	34.3%	4.0%
Colombian Pesos		1.8%	81.3%	13.1%
Brazilian Reals		20.8%	42.3%	8.4%
Argentine Pesos		1.1%	0.0%	28.3%
Total Debt		100%	17.0%	8.4%
(1) After giving effect to swaps.
(2) Calculated  based on the  weighting of the outstanding debt mix for each year.
Financial Ratios		Sep 30, 2026	Dec 31, 2025	Δ%
Net debt including effect of hedges (1)(3)		39,892	52,846	-24.5%
Net debt including effect of hedges / Adj. EBITDA (1)(3)		0.63	0.89
Adj. EBITDA/ Interest expense, net (1)		9.32	10.26
Capitalization (2)		36.2%	35.4%
(1) Net debt = total debt - cash
(2) Total debt / (total debt + shareholders' equity)
(3)  After giving effect to swaps.

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Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 16 of 17

Coca-Cola FEMSA Reports 3Q26 Results October 26th, 2026	Page 17 of 17

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.