Molson Coors Beverage Company (TAP) financials
Molson Coors Beverage revenue and earnings by year
Molson Coors Beverage's revenue was $11.1 billion in the fiscal year to December 31, 2025, down 4.2% from the year before. Net income was -$2.14 billion, -19.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 9.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.1 | 11.6 | 11.7 | 10.7 | 10.3 | 9.7 | 10.6 | 10.8 | 11.0 | 4.9 |
| Revenue growth | -4.2% | -0.6% | 9.4% | 4.1% | 6.5% | -8.7% | -1.8% | -2.1% | 125.2% | — |
| Gross profit | 4.3 | 4.5 | 4.4 | 3.7 | 4.1 | 3.8 | 4.2 | 4.2 | 4.8 | 1.9 |
| Gross margin | 38.4% | 39.0% | 37.3% | 34.2% | 39.4% | 39.0% | 39.7% | 38.9% | 43.3% | 38.6% |
| Operating income | -2.4 | 1.8 | 1.4 | 0.2 | 1.5 | -0.4 | 0.8 | 1.6 | 1.7 | 2.8 |
| Operating margin | -21.1% | 15.1% | 12.2% | 1.4% | 14.1% | -4.2% | 7.2% | 15.2% | 15.2% | 57.8% |
| Net income | -2.1 | 1.1 | 0.9 | -0.2 | 1.0 | -0.9 | 0.2 | 1.1 | 1.6 | 1.6 |
| Net margin | -19.2% | 9.7% | 8.1% | -1.6% | 9.8% | -9.8% | 2.3% | 10.4% | 14.2% | 32.6% |
| Diluted EPS | -$10.75 | $5.35 | $4.37 | -$0.81 | $4.62 | -$4.38 | $1.11 | $5.15 | $6.53 | — |
| Free cash flow | 1.1 | 1.3 | 1.4 | 0.9 | 1.1 | 1.3 | 1.4 | 1.7 | 1.3 | 1.0 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TAP in Markets.
See also: TAP valuation and P/E history · TAP returns
No forecast, no recommendation. This page describes Molson Coors Beverage Company from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.