# Molson Coors Beverage Co: overview

TAP · NYSE · CIK 24545 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/tap.md) · [Financials](/companies/tap/financials.md) · [Filings](/companies/tap/filings.md) · [Insiders](/companies/tap/insiders.md)

Latest reported revenue: [$3.60bn](/filings/0000024545-26-000071.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000024545-26-000071).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,838](/filings/0000024545-25-000021.md) | [3,603](/filings/0000024545-25-000039.md) | [3,244 d](/filings/0000024545-26-000006.md) | [2,690](/filings/0000024545-25-000014.md) | [3,740](/filings/0000024545-26-000071.md) | [3,484](/filings/0000024545-25-000039.md) | [3,126 d](/filings/0000024545-26-000006.md) | [3,604](/filings/0000024545-26-000071.md) |
| Gross margin | % | [34.6%](/filings/0000024545-25-000021.md) | [33.4%](/filings/0000024545-25-000039.md) | [32.0% d](/filings/0000024545-26-000006.md) | [31.6%](/filings/0000024545-25-000014.md) | [34.3%](/filings/0000024545-26-000071.md) | [33.7%](/filings/0000024545-25-000039.md) | [31.0% d](/filings/0000024545-26-000006.md) | [29.5%](/filings/0000024545-26-000071.md) |
| Operating margin | % | [15.6%](/filings/0000024545-25-000021.md) | [12.5%](/filings/0000024545-25-000039.md) | [12.0% d](/filings/0000024545-26-000006.md) | [6.9%](/filings/0000024545-25-000014.md) | [15.6%](/filings/0000024545-26-000071.md) | [(98.5%)](/filings/0000024545-25-000039.md) | [10.4% d](/filings/0000024545-26-000006.md) | [9.2%](/filings/0000024545-26-000071.md) |
| Net margin | % | [11.1%](/filings/0000024545-25-000021.md) | [5.5%](/filings/0000024545-25-000039.md) | [8.9% d](/filings/0000024545-26-000006.md) | [4.5%](/filings/0000024545-25-000014.md) | [11.5%](/filings/0000024545-26-000071.md) | [(84.0%)](/filings/0000024545-25-000039.md) | [7.6% d](/filings/0000024545-26-000006.md) | [6.4%](/filings/0000024545-26-000071.md) |
| Diluted EPS | $ per share | [2.03](/filings/0000024545-25-000021.md) | [0.96](/filings/0000024545-25-000039.md) | not reported | [0.59](/filings/0000024545-25-000014.md) | [2.13](/filings/0000024545-26-000071.md) | [(14.79)](/filings/0000024545-25-000039.md) | not reported | [1.23](/filings/0000024545-26-000071.md) |
| Free cash flow | $m | [692 d](/filings/0000024545-25-000021.md) | [350 d](/filings/0000024545-25-000039.md) | [383 d](/filings/0000024545-26-000006.md) | [(328)](/filings/0000024545-25-000014.md) | [555 d](/filings/0000024545-26-000071.md) | [483 d](/filings/0000024545-25-000039.md) | [358 d](/filings/0000024545-26-000006.md) | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [12.4](/filings/0000024545-24-000005.md) | [12.8](/filings/0000024545-25-000007.md) | [13.9](/filings/0000024545-26-000006.md) | [13.7](/filings/0000024545-26-000006.md) | [13.0](/filings/0000024545-26-000006.md) |
| Gross margin | % | [32.6%](/filings/0000024545-24-000005.md) | [28.5%](/filings/0000024545-25-000007.md) | [31.5%](/filings/0000024545-26-000006.md) | [33.0%](/filings/0000024545-26-000006.md) | [32.8%](/filings/0000024545-26-000006.md) |
| Operating margin | % | [11.7%](/filings/0000024545-24-000005.md) | [1.2%](/filings/0000024545-25-000007.md) | [10.4%](/filings/0000024545-26-000006.md) | [12.8%](/filings/0000024545-26-000006.md) | [(17.9%)](/filings/0000024545-26-000006.md) |
| Net margin | % | [8.1%](/filings/0000024545-24-000005.md) | [(1.4%)](/filings/0000024545-25-000007.md) | [6.8%](/filings/0000024545-26-000006.md) | [8.2%](/filings/0000024545-26-000006.md) | [(16.4%)](/filings/0000024545-26-000006.md) |
| Diluted EPS | $ per share | not reported | [(0.81)](/filings/0000024545-25-000007.md) | [4.37](/filings/0000024545-26-000006.md) | [5.35](/filings/0000024545-26-000006.md) | [(10.75)](/filings/0000024545-26-000006.md) |
| Free cash flow | $bn | [1.1](/filings/0000024545-24-000005.md) | [0.8](/filings/0000024545-25-000007.md) | [1.4](/filings/0000024545-26-000006.md) | [1.2](/filings/0000024545-26-000006.md) | [1.1](/filings/0000024545-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tap/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Dodge & Cox](/funds/200217.md) | 2026-06-30 | $742.8m | 19,065,434 |  | Added +542,385 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $473.4m | 12,150,389 |  | Added +452,448 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $432.8m | 11,108,304 |  | Added +6,412,705 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $413.7m | 10,619,176 |  | Added +1,577,328 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $403.8m | 10,365,239 |  | Reduced −262,127 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $344.0m | 8,828,265 |  | Added +465,108 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $326.2m | 8,373,108 |  | Reduced −376,931 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $246.1m | 6,316,964 |  | Added +1,111,905 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $173.3m | 4,456,972 |  | Reduced −134,975 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $153.0m | 3,928,227 |  | Added +1,404,268 |

## Recent filings

[All 1,900 filings](/companies/tap/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 08:47 ET | [10-Q](/filings/0000024545-26-000071.md) | Quarterly report, period 2026-06-30 | 0000024545-26-000071 |
| 2026-08-06 | 06:34 ET | [8-K](/filings/0000024545-26-000070.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000024545-26-000070 |
| 2026-06-24 | 09:02 ET | [8-K](/filings/0001104659-26-077086.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-077086 |
| 2026-05-27 | 16:15 ET | [8-K](/filings/0001104659-26-066954.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001104659-26-066954 |
| 2026-05-22 | 16:47 ET | [8-K](/filings/0001104659-26-065786.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-065786 |
| 2026-05-08 | 17:01 ET | [8-K](/filings/0001104659-26-058010.md) | 5.07 Shareholder vote results | 0001104659-26-058010 |
| 2026-04-30 | 08:46 ET | [10-Q](/filings/0000024545-26-000036.md) | Quarterly report, period 2026-03-31 | 0000024545-26-000036 |
| 2026-04-30 | 06:32 ET | [8-K](/filings/0000024545-26-000035.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000024545-26-000035 |
| 2026-03-25 | 07:59 ET | [DEF 14A](/filings/0001104659-26-034154.md) | Proxy statement, period 2026-05-06 | 0001104659-26-034154 |
| 2026-02-18 | 16:15 ET | [10-K](/filings/0000024545-26-000006.md) | Annual report, period 2025-12-31 | 0000024545-26-000006 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000024545-26-000006.md), filed Feb 18, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/78eddab8-ff85-4159-8d77-5f136535ddea)

## About the filer

- CIK: 24545
- Tickers: TAP, TAP-A
- Exchange: NYSE
- SIC code: 2082 Malt Beverages
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 13:55 ET. No prices; not investment advice.