Molson Coors Beverage Company (TAP) income statement
NYSE · Consumer Defensive · Beverages - Alcoholic · 16,200 employees · CEO Rahul Goyal
- Price
- $40.85
- Market cap
- $7.59B
- Enterprise value
- $13.2B Data as of 2026-11-14
- Last report
- Q3 '26 filed 2026-11-05
- Next report
- 2027-02-17 EPS est. $0.80
Molson Coors Beverage Company (TAP) reported revenue of $2.93B for Q3 '26 (-1.6% year on year), operating income of $391M (13.3% of revenue) and net income of $272M. Over the last four quarters revenue was $11B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.79B | $2.6B | $3.25B | $3.04B | $2.74B | $2.3B | $3.2B | $2.97B | $2.66B | $2.35B | $3.1B | $2.93B | |
| Cost of revenue | $1.76B | $1.63B | $1.92B | $1.84B | $1.7B | $1.45B | $1.92B | $1.8B | $1.78B | $1.45B | $2.03B | $1.9B | |
| Gross profit | $1.03B | $964M | $1.33B | $1.2B | $1.04B | $851M | $1.28B | $1.17B | $880M | $897M | $1.06B | $1.03B | |
| Sales & marketing | $0 | $0 | $0 | $0 | $1.1B | $0 | $0 | $0 | $0 | $0 | $719M | $0 | |
| General & administrative | $683M | $655M | $729M | $685M | -$664M | $0 | $0 | $687M | $0 | $610M | $0 | $634M | |
| Other operating expenses | $151M | -$5.4M | $1.8M | $66.6M | $213M | $11.4M | $5.2M | $3.92B | $0 | $28.9M | $12.9M | $6.3M | |
| Operating expenses | $834M | $649M | $730M | $751M | $649M | $665M | $698M | $4.6B | $560M | $639M | $731M | $640M | |
| Operating income | $199M | $314M | $600M | $451M | $388M | $186M | $584M | -$3.43B | $320M | $258M | $332M | $391M | |
| Interest expense | $45.2M | $47.6M | $50.3M | $92.3M | $53.7M | $55.7M | $57.7M | $56M | $56.2M | $57.6M | $0 | $62.9M | |
| Other non-operating income (gains on investments, FX ...) | -$48.1M | $5.4M | -$1.8M | -$66.6M | $30.5M | -$11.4M | -$5.2M | $8.4M | -$2.2M | $6M | $48.8M | -$14.5M | |
| Total non-operating income | -$33.8M | -$48.9M | -$39.7M | -$120M | -$41.8M | -$30M | -$28.7M | -$64.4M | -$54M | -$63.6M | -$48.8M | -$48.4M | |
| Income before tax | $166M | $265M | $560M | $331M | $346M | $156M | $555M | -$3.5B | $266M | $195M | $283M | $342M | |
| Income tax | $60M | $55.5M | $135M | -$483M | $52.6M | $33.2M | $131M | -$559M | $57M | $44.6M | $61.5M | $77M | |
| Net income | $103M | $208M | $427M | $200M | $288M | $121M | $429M | -$2.93B | $238M | $151M | $232M | $272M | |
| EPS (basic) | $0.48 | $0.98 | $2.03 | $0.95 | $1.40 | $0.60 | $2.14 | -$14.79 | $1.22 | $0.80 | $1.24 | $1.46 | |
| EPS (diluted) | $0.48 | $0.97 | $2.03 | $0.96 | $1.39 | $0.59 | $2.13 | -$14.79 | $1.22 | $0.80 | $1.23 | $1.45 | |
| Shares (basic, weighted) | 215M | 213M | 210M | 208M | 205M | 203M | 201M | 198M | 195M | 189M | 188M | 187M | |
| Shares (diluted, weighted) | 217M | 214M | 211M | 208M | 207M | 204M | 201M | 198M | 196M | 189M | 188M | 187M | |
| Depreciation & amortization | $174M | $169M | $168M | $175M | $247M | $180M | $170M | $183M | $185M | $186M | $192M | $183M | |
| EBITDA | $422M | $478M | $769M | $693M | $605M | $378M | $759M | -$3.26B | $507M | $438M | $475M | $589M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.89B | $11B | $10.8B | $10.6B | $9.65B | $10.3B | $10.7B | $11.7B | $11.6B | $11.1B | |
| Cost of revenue | $3B | $6.24B | $6.58B | $6.38B | $5.89B | $6.23B | $7.05B | $7.33B | $7.09B | $6.95B | |
| Gross profit | $1.89B | $4.77B | $4.18B | $4.2B | $3.77B | $4.05B | $3.66B | $4.37B | $4.53B | $4.19B | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1B | $0 | |
| General & administrative | $1.6B | $3.05B | $2.8B | $2.73B | $2.44B | $2.55B | $2.62B | $2.78B | $1.42B | $0 | |
| Other operating expenses | -$3.03B | $36.4M | -$250M | $709M | $1.74B | $44.5M | $879M | $151M | $264M | $3.93B | |
| Operating expenses | -$1.44B | $3.09B | $2.55B | $3.44B | $4.18B | $2.6B | $3.5B | $2.93B | $2.78B | $6.53B | |
| Operating income | $3.32B | $1.68B | $1.63B | $764M | -$409M | $1.45B | $158M | $1.44B | $1.75B | -$2.34B | |
| Interest income | $27.2M | $6M | $8M | $8.2M | $3.3M | $2M | $4.3M | $25.4M | $35.4M | $0 | |
| Interest expense | $295M | $346M | $314M | $301M | $286M | $262M | $236M | $229M | $279M | $226M | |
| Other non-operating income (gains on investments, FX ...) | -$3.1M | -$54.8M | -$34.2M | $3.6M | -$39.6M | -$44.9M | -$30.6M | -$48.3M | -$32.5M | -$8.2M | |
| Total non-operating income | -$269M | -$295M | -$272M | -$285M | -$235M | -$215M | -$220M | -$186M | -$250M | -$177M | |
| Income before tax | $3.04B | $1.38B | $1.36B | $480M | -$644M | $1.24B | -$62.5M | $1.25B | $1.5B | -$2.52B | |
| Income tax | $1.05B | -$53.2M | $225M | $234M | $302M | $231M | $124M | $296M | $345M | -$338M | |
| Net income | $1.98B | $1.41B | $1.12B | $242M | -$946M | $1.01B | -$175M | $949M | $1.12B | -$2.14B | |
| EPS (basic) | $9.32 | $6.57 | $5.17 | $1.12 | -$4.36 | $4.63 | -$0.86 | $4.39 | $5.38 | -$10.83 | |
| EPS (diluted) | $9.26 | $6.53 | $5.15 | $1.11 | -$4.36 | $4.62 | -$0.86 | $4.37 | $5.35 | -$10.85 | |
| Shares (basic, weighted) | 212M | 215M | 216M | 217M | 217M | 217M | 217M | 216M | 209M | 195M | |
| Shares (diluted, weighted) | 213M | 217M | 217M | 217M | 217M | 218M | 217M | 217M | 210M | 196M | |
| Depreciation & amortization | $388M | $813M | $858M | $859M | $922M | $786M | $685M | $683M | $759M | $726M | |
| EBITDA | $3.71B | $2.55B | $2.52B | $1.62B | $553M | $2.29B | $873M | $2.17B | $2.55B | -$1.61B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-14