Molson Coors Beverage Company Class B (TAP) Financials
Key financial figures for Molson Coors Beverage Company Class B (Q3 2026).
Molson Coors cut its 2026 outlook as third-quarter net sales fell 1.6% to $2,926.5 million and underlying income before income taxes fell 17.4% in constant currency to $349.0 million. Net sales were $2,926.5 million, down 1.6% reported and 1.2% in constant currency, as financial volume fell 3.0% and price and sales mix added 1.8%; brand volume fell 4.9%. Underlying (non-GAAP) diluted EPS was $1.46 versus $1.67 a year earlier (down 12.6%); GAAP diluted EPS was $1.45 versus a loss of $14.79, because the prior-year quarter carried a $3,645.7 million partial goodwill impairment. On the outlook: 2026 outlook (adjusted in this release): net sales decline of 1% to 2% on a constant currency basis (previously flat, plus or minus 1%); underlying income before income taxes decline of 21% to 24% versus 2025 on a constant currency basis (previously a decline of 15% to 18%); underlying EPS decline of 16% to 19% versus 2025 (previously a decline of 11% to 15%); underlying free cash flow of $1.0 billion, plus or minus 10% (previously $1.1 billion, plus or minus 10%); capital expenditures of $650 million incurred, plus or minus 5%; underlying depreciation and amortization of $720 million, plus or minus 5%; consolidated net interest expense of $260 million, plus or minus 5%; underlying effective tax rate of 22% to 24%. The company assumes softer global beer volume trends seen in the second and third quarters persist in the fourth quarter, and expects the Midwest Premium impact to exceed the prior year by about $130 million for the full year. Figures are for Q3 2026, as Molson Coors Beverage Company reported them.
- Revenue
- $2.9B
- Net Income
- $272M
- EPS
- $1.46
- Total Assets
- $22.6B
- Operating Cash Flow
- $460M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $2.9B | $272M | $1.45 | 13.35% | $326M |
| Q2 FY2026 | $3.1B | $232M | $1.23 | 10.72% | $714M |
| Q1 FY2026 | $2.4B | $151M | $0.80 | 10.99% | -$229M |
| Q4 FY2025 | $2.7B | $238M | $1.22 | 12.03% | $358M |
| Q3 FY2025 | $3.0B | -$2.9B | -$14.79 | -115.39% | $483M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $11.1B | -$2.1B | -$10.75 | -21.01% | $1.1B |
| FY2024 | $11.6B | $1.1B | $5.35 | 15.08% | $1.2B |
| FY2023 | $11.7B | $949M | $4.37 | 12.29% | $1.4B |
Frequently asked questions
What was Molson Coors Beverage Company's revenue last quarter?
Molson Coors Beverage Company reported revenue of $2.93 billion for Q3 FY2026, down 1.6% from the same period a year earlier.
Is Molson Coors Beverage Company profitable?
Yes. Molson Coors Beverage Company reported net income of $271.5 million for Q3 FY2026, a net margin of 9.28% on revenue.
How has Molson Coors Beverage Company's margin trended?
Operating margin was 13.35% in Q3 FY2026, compared with -115.39% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Molson Coors Beverage Company generate?
Molson Coors Beverage Company generated free cash flow of $326.2 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Molson Coors Beverage Company Class B on SentiSense, with up to forty quarters and twenty fiscal years of history.