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Molson Coors Beverage (TAP) gross margin by quarter

Molson Coors Beverage's gross margin was 30.3% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026. Over the last 6 quarters it ranged from 29.5% (Q2 2026) to 34.3% (Q2 2025).

Molson Coors Beverage gross margin by quarterMolson Coors Beverage gross margin by quarter31.6%Q1 202534.3%Q2 202531.0%Q4 202533.0%Q1 202629.5%Q2 202630.3%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202630.3%+0.8 pts—
Q2 202629.5%-3.5 pts-4.8 pts
Q1 202633.0%+2.0 pts+1.4 pts
Q4 202531.0%-3.3 pts—
Q2 202534.3%+2.6 pts—
Q1 202531.6%——

Q3 2026 at a glance

Molson Coors Beverage, Q3 2026: revenue $3.4B (-2% year over year), operating margin 11.5%, net earnings $272M, operating cash flow $460M. The chart follows the revenue to costs, profit and cash.

Questions

What is Molson Coors Beverage's gross margin?

Molson Coors Beverage's gross margin was 30.3% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026.

How has Molson Coors Beverage's gross margin changed?

Over the last 6 quarters it ranged from 29.5% (Q2 2026) to 34.3% (Q2 2025).

Q3 2026 results → · How Molson Coors Beverage makes money →