Molson Coors Beverage Co income statement
In fiscal 2025, Molson Coors Beverage Co reported revenue of $11.14bn, down 4.2% on the year before, operating income of −$2.34bn (a -21.0% margin) and net income of −$2.14bn, or −$10.75 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0 | 4.7 | 5.2 | 5.6 | 6.0 | 5.9 | 3.6 | 4.9 | 11.0 | 10.8 | 10.6 | 9.7 | 10.3 | 10.7 | 11.7 | 11.6 | 11.1 |
| Cost of revenue | — | — | — | — | — | — | — | 3.0 | 6.2 | 6.6 | 6.4 | 5.9 | 6.2 | 7.0 | 7.3 | 7.1 | 6.9 |
| Gross profit | 1.3 | 1.4 | 1.5 | 1.6 | 1.7 | 1.7 | 1.4 | 1.9 | 4.8 | 4.2 | 4.2 | 3.8 | 4.1 | 3.7 | 4.4 | 4.5 | 4.3 |
| Selling, general and administrative | 0.9 | 1.0 | 1.0 | 1.1 | 1.2 | 1.2 | 1.0 | 1.6 | 3.1 | 2.8 | 2.7 | 2.4 | 2.6 | 2.6 | 2.8 | 2.7 | 2.6 |
| Operating income | 0.8 | 0.9 | 0.9 | 0.9 | 0.8 | 0.7 | 0.6 | 3.3 | 1.7 | 1.6 | 0.8 | −0.4 | 1.5 | 0.2 | 1.4 | 1.8 | −2.3 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 |
| Income before tax | 0.7 | 0.8 | 0.8 | 0.6 | 0.7 | 0.6 | 0.5 | 3.1 | 1.4 | 1.4 | 0.5 | −0.6 | 1.2 | −0.1 | 1.3 | 1.5 | −2.5 |
| Income tax | −0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 1.5 | −0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.3 | 0.3 | −0.3 |
| Net income | 0.7 | 0.7 | 0.7 | 0.4 | 0.6 | 0.5 | 0.4 | 1.6 | 1.6 | 1.1 | 0.2 | −0.9 | 1.0 | −0.2 | 0.9 | 1.1 | −2.1 |
| Diluted EPS | $3.87 | $3.78 | $3.63 | $2.44 | $3.08 | $2.76 | $2.12 | $9.34 | $6.53 | — | — | — | — | −$0.81 | $4.37 | $5.35 | −$10.75 |
| Diluted shares (average) | 186m | 187m | 186m | 182m | 184m | 186m | 186m | 213m | 217m | 217m | 217m | 217m | 218m | 217m | 217m | 210m | 199m |
| EBITDA | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 0.9 | 3.7 | 2.5 | 2.5 | 1.6 | 0.5 | 2.2 | 0.8 | 2.1 | 2.5 | −1.6 |
| Quarter | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,252 | 3,043 | 2,736 | 2,304 | 3,201 | 2,974 | 2,662 | 3,097 |
| Cost of revenue | 1,922 | 1,840 | 1,698 | 1,453 | 1,919 | 1,800 | 1,694 | 2,033 |
| Gross profit | 1,330 | 1,203 | 1,038 | 851 | 1,282 | 1,174 | 968 | 1,063 |
| Selling, general and administrative | 729 | 685 | 650 | 653 | 693 | 687 | 611 | 719 |
| Operating income | 600 | 451 | 388 | 186 | 584 | −3,431 | 324 | 332 |
| Interest expense | 58 | 106 | 63 | 61 | 62 | 63 | 62 | 69 |
| Income before tax | 560 | 331 | 346 | 156 | 555 | −3,496 | 266 | 283 |
| Income tax | 135 | 103 | 53 | 33 | 131 | −559 | 57 | 62 |
| Net income | 427 | 200 | 288 | 121 | 429 | −2,928 | 238 | 232 |
| Diluted EPS | $2.03 | $0.96 | $1.39 | $0.59 | $2.13 | −$14.79 | $1.12 | $1.23 |
| EBITDA | 767 | 627 | 635 | 367 | 754 | −3,251 | 505 | 524 |
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