Molson Coors Beverage Company (TAP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.35B | 2.66B | 2.97B | 3.2B | 2.3B | 2.74B | 3.04B | 3.25B | 2.6B | 2.79B | 3.3B | 3.27B | 2.35B | 2.63B | 2.94B | 2.92B | 2.21B | 2.62B | 2.82B | 2.94B |
| Revenue Growth % | 2.04% | -2.68% | -2.27% | -1.58% | -11.26% | -1.98% | -7.75% | -0.44% | 10.66% | 6.13% | 12.37% | 11.8% | 5.95% | 0.39% | 3.99% | -0.6% | 16.66% | 14.16% | 2.51% | 17.42% |
| Cost of Goods Sold | 1.45B | 1.78B | 1.8B | 1.92B | 1.45B | 1.7B | 1.84B | 1.92B | 1.63B | 1.76B | 1.95B | 2.05B | 1.58B | 1.71B | 1.95B | 2.1B | 1.29B | 1.76B | 1.63B | 1.67B |
| COGS % of Revenue | 61.84% | 66.94% | 60.53% | 59.95% | 63.07% | 62.07% | 60.48% | 59.11% | 62.89% | 62.99% | 59.19% | 62.69% | 67.15% | 64.87% | 66.49% | 71.93% | 58.11% | 67.27% | 57.71% | 56.74% |
| Gross Profit | 897.2M | 880.1M | 1.17B | 1.28B | 850.9M | 1.04B | 1.2B | 1.33B | 963.5M | 1.03B | 1.35B | 1.22B | 770.7M | 923.7M | 983.7M | 820M | 927.8M | 857.3M | 1.19B | 1.27B |
| Gross Margin % | 38.16% | 33.06% | 39.47% | 40.05% | 36.93% | 37.93% | 39.52% | 40.89% | 37.11% | 37.01% | 40.81% | 37.31% | 32.85% | 35.13% | 33.51% | 28.07% | 41.89% | 32.73% | 42.29% | 43.26% |
| Gross Profit Growth % | 5.44% | -15.17% | -2.41% | -3.61% | -11.69% | 0.44% | -10.67% | 9.11% | 25.02% | 11.83% | 36.85% | 48.65% | -16.93% | 7.75% | -17.59% | -35.51% | 26.92% | -4.23% | -0.74% | 21.47% |
| Operating Expenses | 638.9M | 559.8M | 4.6B | 698.3M | 664.6M | 649.4M | 751.3M | 730.3M | 649.2M | 833.7M | 754M | 730.4M | 612.5M | 1.44B | 653.6M | 705.5M | 703.4M | 692.3M | 662.2M | 690.7M |
| OpEx % of Revenue | 27.17% | 21.03% | 154.85% | 21.82% | 28.84% | 23.74% | 24.69% | 22.45% | 25% | 29.87% | 22.86% | 22.36% | 26.1% | 54.58% | 22.27% | 24.15% | 31.76% | 26.43% | 23.46% | 23.5% |
| Selling, General & Admin | 610M | 559.8M | 686.7M | 693.1M | 653.2M | 649.7M | 684.7M | 728.5M | 654.6M | 683.2M | 746.8M | 734.9M | 615M | 575.5M | 660M | 707.6M | 675.7M | 665.1M | 664.8M | 681.7M |
| SG&A % of Revenue | 25.95% | 21.03% | 23.09% | 21.65% | 28.35% | 23.75% | 22.5% | 22.4% | 25.21% | 24.48% | 22.64% | 22.5% | 26.21% | 21.89% | 22.49% | 24.22% | 30.51% | 25.39% | 23.55% | 23.19% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | -300K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K |
| Operating Income | 258.3M | 320.3M | -3.43B | 583.6M | 186.3M | 388.1M | 451.2M | 599.6M | 314.3M | 199.3M | 592.2M | 488.5M | 158.2M | -511.5M | 330.1M | 114.5M | 224.4M | 165M | 531.4M | 580.8M |
| Operating Margin % | 10.99% | 12.03% | -115.39% | 18.23% | 8.09% | 14.19% | 14.83% | 18.44% | 12.11% | 7.14% | 17.95% | 14.95% | 6.74% | -19.45% | 11.25% | 3.92% | 10.13% | 6.3% | 18.83% | 19.76% |
| Operating Income Growth % | 38.65% | -17.47% | -860.44% | -2.67% | -40.73% | 94.73% | -23.81% | 22.74% | 98.67% | 138.96% | 79.4% | 326.64% | -29.5% | -410% | -37.88% | -80.29% | 26.64% | 112.86% | 4.54% | 26.81% |
| EBITDA | 444M | 501.4M | -3.24B | 753.7M | 366.6M | 635.4M | 626.6M | 767.3M | 483.3M | 373.5M | 760.9M | 656.9M | 329.7M | -342.3M | 500.3M | 286.2M | 398.1M | 346.9M | 731.7M | 782.4M |
| EBITDA Margin % | 18.88% | 18.83% | -108.99% | 23.55% | 15.91% | 23.23% | 20.59% | 23.59% | 18.61% | 13.38% | 23.07% | 20.11% | 14.05% | -13.02% | 17.04% | 9.8% | 17.98% | 13.24% | 25.92% | 26.62% |
| EBITDA Growth % | 21.11% | -21.09% | -617.19% | -1.77% | -24.15% | 70.12% | -17.65% | 16.81% | 46.59% | 209.11% | 52.09% | 129.52% | -17.18% | -198.67% | -31.62% | -63.42% | 4.9% | 132.25% | 0.37% | 12.46% |
| D&A (Non-Cash Add-back) | 185.7M | 181.1M | 190.4M | 170.1M | 180.3M | 247.3M | 175.4M | 167.7M | 169M | 174.2M | 168.7M | 168.4M | 171.5M | 169.2M | 170.2M | 171.7M | 173.7M | 181.9M | 200.3M | 201.6M |
| EBIT | 258.3M | 320.3M | -3.44B | 588.8M | 197.7M | 357.6M | 517.8M | 601.4M | 308.9M | 247.4M | 599.4M | 484M | 155.7M | -500.1M | 323.7M | 112.4M | 252.1M | 192.6M | 528.8M | 589.8M |
| Net Interest Income | -57.6M | -56.2M | -56M | -57.7M | -55.7M | -53.7M | -92.3M | -50.3M | -47.6M | -45.2M | -48M | -53.6M | -56.6M | -61M | -57.7M | -55.1M | -62.5M | -61.8M | -62.9M | -68.3M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 57.6M | 56.2M | 56M | 57.7M | 55.7M | 53.7M | 92.3M | 50.3M | 47.6M | 45.2M | 48M | 53.6M | 56.6M | 61M | 57.7M | 55.1M | 62.5M | 61.8M | 62.9M | 68.3M |
| Other Income/Expense | -63.6M | -54M | -64.4M | -28.7M | -30M | -41.8M | -119.8M | -39.7M | -48.9M | -33.8M | -48.2M | -47.4M | -56.3M | -52.6M | -57.1M | -59.6M | -50.7M | -55.5M | -50.8M | -58.2M |
| Pretax Income | 194.7M | 266.3M | -3.5B | 554.9M | 156.3M | 346.3M | 331.4M | 559.9M | 265.4M | 165.5M | 544M | 441.1M | 101.9M | -564.1M | 273M | 54.9M | 173.7M | 109.5M | 480.6M | 522.6M |
| Pretax Margin % | 8.28% | 10% | -117.56% | 17.34% | 6.78% | 12.66% | 10.89% | 17.22% | 10.22% | 5.93% | 16.49% | 13.5% | 4.34% | -21.45% | 9.3% | 1.88% | 7.84% | 4.18% | 17.03% | 17.78% |
| Income Tax | 44.6M | 57M | -558.6M | 130.6M | 33.2M | 52.6M | -482.8M | 134.6M | 55.5M | 60M | 112.4M | 95M | 28.7M | 25.7M | 54.9M | 7M | 36.4M | 27.1M | 26.8M | 132.3M |
| Effective Tax Rate % | 22.91% | 21.4% | 15.98% | 23.54% | 21.24% | 15.19% | -145.68% | 24.04% | 20.91% | 36.25% | 20.66% | 21.54% | 28.16% | -4.56% | 20.11% | 12.75% | 20.96% | 24.75% | 5.58% | 25.32% |
| Net Income | 151.3M | 238.3M | -2.93B | 428.7M | 121M | 287.8M | 199.8M | 427M | 207.8M | 103.3M | 430.7M | 342.4M | 72.5M | -589.8M | 216.4M | 47.3M | 151.5M | 80M | 453M | 388.6M |
| Net Margin % | 6.44% | 8.95% | -98.46% | 13.39% | 5.25% | 10.52% | 6.57% | 13.13% | 8% | 3.7% | 13.06% | 10.48% | 3.09% | -22.43% | 7.37% | 1.62% | 6.84% | 3.05% | 16.05% | 13.22% |
| Net Income Growth % | 25.04% | -17.2% | -1565.27% | 0.4% | -41.77% | 178.61% | -53.61% | 24.71% | 186.62% | 117.51% | 99.03% | 623.89% | -52.15% | -837.25% | -52.23% | -87.83% | 80.14% | 105.84% | 32.15% | 99.28% |
| Net Income (Continuing) | 150.1M | 209.3M | -2.94B | 424.3M | 123.1M | 293.7M | 814.2M | 425.3M | 209.9M | 105.5M | 431.6M | 346.1M | 73.2M | -589.8M | 218.1M | 47.9M | 137.3M | 82.4M | 453.8M | 390.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 114.1M | 312.4M | 343.7M | 356M | 361.5M | 360.3M | 222.4M | 236.1M | 238.1M | 239.1M | 242M | 226.1M | 222.5M | 225.5M | 226.2M | 230M | 238.7M | 247M | 247M | 251.6M |
| EPS (Diluted) | 0.80 | 1.22 | -14.79 | 2.13 | 0.59 | 1.39 | 0.96 | 2.03 | 0.97 | 0.48 | 1.98 | 1.57 | 0.33 | -2.72 | 0.99 | 0.22 | 0.70 | 0.37 | 2.08 | 1.79 |
| EPS Growth % | 35.59% | -12.23% | -1640.63% | 4.93% | -39.18% | 189.58% | -51.52% | 29.3% | 193.94% | 117.65% | 100% | 613.64% | -52.86% | -835.14% | -52.4% | -87.71% | 79.49% | 105.87% | 31.65% | 98.89% |
| EPS (Basic) | 0.80 | 1.22 | -14.79 | 2.14 | 0.60 | 1.40 | 0.95 | 2.03 | 0.98 | 0.48 | 1.99 | 1.58 | 0.33 | -2.72 | 1.00 | 0.22 | 0.70 | 0.37 | 2.09 | 1.79 |
| Diluted Shares Outstanding | 189.4M | 195.7M | 197.9M | 201.2M | 204M | 206.5M | 208M | 210.8M | 214.2M | 216.6M | 217.6M | 217.8M | 217.3M | 216.6M | 217.6M | 217.8M | 217.8M | 217.6M | 217.6M | 217.6M |
| Basic Shares Outstanding | 188.9M | 195.1M | 197.9M | 200.5M | 203M | 205.3M | 208M | 210M | 212.7M | 215M | 216.1M | 216.4M | 216.5M | 216.6M | 216.8M | 217M | 217.2M | 217.2M | 217.2M | 217.1M |
| Dividend Payout Ratio | - | 38.02% | - | 21.81% | 81.98% | 31.2% | 45.55% | 21.45% | 46.58% | 85.19% | 20.55% | 25.91% | 123.45% | - | 37.99% | 174.42% | 54.39% | 92.38% | 16.27% | 0.05% |