Molson Coors Beverage Company (TAP)

TAP Income Statement

Revenue, expenses, and profitability analysis

TAP Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	11.188B	2.351B	2.662B	2.974B	3.201B	2.304B	2.736B	3.043B	3.252B
Cost of Goods Sold	6.955B	1.454B	1.782B	1.800B	1.919B	1.453B	1.698B	1.840B	1.922B
Gross Profit	4.233B	897.200M	880.100M	1.173B	1.282B	850.900M	1.038B	1.202B	1.330B
Gross Profit Margin	38.2%	38.2%	33.1%	39.5%	40.0%	36.9%	37.9%	39.5%	40.9%
Total Operating Expenses	6.502B	638.900M	559.800M	4.605B	698.300M	664.600M	649.400M	751.300M	730.300M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.550B	610.000M	559.800M	686.700M	693.100M	653.200M	649.700M	684.700M	728.500M
Operating Income (EBIT)	-2.269B	258.300M	320.300M	-3.431B	583.600M	186.300M	388.100M	451.200M	599.600M
Operating Margin	11.0%	11.0%	12.0%	-115.4%	18.2%	8.1%	14.2%	14.8%	18.4%
Income Before Tax (EBT)	-2.480B	194.700M	266.300M	-3.495B	554.900M	156.300M	346.300M	331.400M	559.900M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	227.500M	57.600M	56.200M	56.000M	57.700M	55.700M	53.700M	92.300M	50.300M
Other Income/Expense	-210.700M	-63.600M	-54.000M	-64.400M	-28.700M	-30.000M	-41.800M	-119.800M	-39.700M
Net Income	-2.109B	151.300M	238.300M	-2.928B	428.700M	121.000M	287.800M	199.800M	427.000M
Income Tax Expense	-326.400M	44.600M	57.000M	-558.600M	130.600M	33.200M	52.600M	-482.800M	134.600M
Net Profit Margin	6.4%	6.4%	9.0%	-98.5%	13.4%	5.3%	10.5%	6.6%	13.1%
EBITDA	-1.549B	438.000M	503.600M	-3.249B	758.900M	378.000M	604.900M	693.200M	769.100M
EBITDA Margin	18.6%	18.6%	18.9%	-109.3%	23.7%	16.4%	22.1%	22.8%	23.6%
Depreciation & Amortization	727.300M	185.700M	181.100M	190.400M	170.100M	180.300M	247.300M	175.400M	167.700M
EPS Basic	-10.63	0.80	1.22	-14.79	2.14	0.60	1.40	0.95	2.03
EPS Diluted	-10.64	0.80	1.22	-14.79	2.13	0.59	1.39	0.96	2.03
Shares Outstanding	188.900M	188.900M	195.100M	197.900M	200.500M	203.000M	205.300M	208.000M	210.000M
Diluted Shares Outstanding	189.400M	189.400M	195.700M	197.900M	201.200M	204.000M	206.500M	208.000M	210.800M

TAP Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	11.141B	11.627B	11.702B	10.701B	10.280B	9.654B	10.579B	10.770B
Cost of Goods Sold	6.954B	7.094B	7.333B	7.046B	6.226B	5.886B	6.378B	6.585B
Gross Profit	4.186B	4.533B	4.369B	3.655B	4.053B	3.768B	4.201B	4.185B
Gross Profit Margin	37.6%	39.0%	37.3%	34.2%	39.4%	39.0%	39.7%	38.9%
Total Operating Expenses	6.527B	2.780B	2.931B	3.498B	2.599B	4.177B	3.437B	2.553B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.593B	2.516B	2.780B	2.619B	2.554B	2.437B	2.728B	2.803B
Operating Income (EBIT)	-2.341B	1.753B	1.438B	157.500M	1.454B	-408.900M	764.400M	1.632B
Operating Margin	-21.0%	15.1%	12.3%	1.5%	14.1%	-4.2%	7.2%	15.2%
Income Before Tax (EBT)	-2.518B	1.503B	1.252B	-62.500M	1.239B	-643.900M	479.900M	1.360B
Interest Income	—	35.400M	25.400M	4.300M	2.000M	3.300M	8.200M	8.000M
Interest Expense	225.600M	279.300M	228.800M	236.300M	261.600M	285.900M	301.400M	313.900M
Other Income/Expense	-177.100M	-250.200M	-185.700M	-220.000M	-215.400M	-235.000M	-284.500M	-272.000M
Net Income	-2.140B	1.122B	948.900M	-175.300M	1.006B	-945.700M	241.700M	1.117B
Income Tax Expense	-337.800M	345.300M	296.100M	124.000M	230.500M	301.800M	233.700M	225.200M
Net Profit Margin	-19.2%	9.7%	8.1%	-1.6%	9.8%	-9.8%	2.3%	10.4%
EBITDA	-1.611B	2.545B	2.169B	872.900M	2.285B	552.700M	1.620B	2.523B
EBITDA Margin	-14.5%	21.9%	18.5%	8.2%	22.2%	5.7%	15.3%	23.4%
Depreciation & Amortization	721.900M	759.400M	682.800M	684.800M	786.100M	922.000M	859.000M	857.500M
EPS Basic	-10.83	5.38	4.39	-0.86	4.63	-4.36	1.12	5.17
EPS Diluted	-10.85	5.35	4.37	-0.86	4.62	-4.36	1.11	5.15
Shares Outstanding	195.100M	208.800M	216.000M	216.900M	217.100M	216.800M	216.600M	216.000M
Diluted Shares Outstanding	195.700M	209.900M	217.300M	216.900M	217.600M	216.800M	216.900M	216.600M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Molson Coors Beverage Company

Molson Coors Beverage Company is a global entity engaged in the production, marketing, and sale of a diverse range of beer and other malt-based beverages. Its extensive operations span the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company's product lineup also features flavored malt beverages, craft beers, and convenient ready-to-drink selections. Founded in 1774, the firm, headquartered in Golden, Colorado, was previously known as Molson Coors Brewing Company before officially adopting its current name, Molson Coors Beverage Company, in January 2020.

Golden, CO

16,800 employees

www.molsoncoors.com

Consumer Defensive / Beverages - Alcoholic

Sector: Consumer Defensive
Industry: Beverages - Alcoholic
CEO: Rahul Goyal

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