Filing Flows › Molson Coors Beverage (TAP) › Operating margin
Molson Coors Beverage (TAP) operating margin by quarter
Molson Coors Beverage's operating margin was 11.5% in Q3 2026 (third quarter 2026), +2.3 pts from Q2 2026. Over the last 6 quarters it ranged from 6.9% (Q1 2025) to 15.6% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 11.5% | +2.3 pts | — |
| Q2 2026 | 9.2% | -0.3 pts | -6.4 pts |
| Q1 2026 | 9.5% | -0.9 pts | +2.6 pts |
| Q4 2025 | 10.4% | -5.2 pts | — |
| Q2 2025 | 15.6% | +8.7 pts | — |
| Q1 2025 | 6.9% | — | — |
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 operating margin?
Molson Coors Beverage's operating margin was 11.5% in Q3 2026 (third quarter 2026), +2.3 pts from Q2 2026.
How has Molson Coors Beverage's operating margin changed?
Over the last 6 quarters it ranged from 6.9% (Q1 2025) to 15.6% (Q2 2025).