Filing Flows › Molson Coors Beverage (TAP) › How it makes money
How Molson Coors Beverage (TAP) makes money
Molson Coors Beverage (TAP) made $3.4B of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Of every dollar of revenue, 30¢ was left as gross profit, 11¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $3.4B | 100.0% |
| Cost of revenue | $2.4B | 69.7% |
| Gross profit | $1.0B | 30.3% |
| Operating expenses | $640M | 18.8% |
| Operating profit | $391M | 11.5% |
| Income tax | $77.0M | 2.3% |
| Net earnings | $272M | 8.0% |
| Operating cash flow | $460M | 13.5% |
| Free cash flow | $326M | 9.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $3.4B | -2% |
| Q2 2026 | $3.6B | -4% |
| Q1 2026 | $2.7B | +1% |
| Q4 2025 | $3.1B | -4% |
| Q3 2025 | $3.5B | -3% |
| Q2 2025 | $3.7B | -3% |
| Q1 2025 | $2.7B | -12% |
From Molson Coors Beverage's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Molson Coors Beverage make money?
Molson Coors Beverage (TAP) made $3.4B of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Of every dollar of revenue, 30¢ was left as gross profit, 11¢ was left as operating profit, 8¢ was left as net earnings.
What is Molson Coors Beverage's profit margin?
Net earnings were $272M, 8.0% of revenue, in the third quarter 2026; the operating margin was 11.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.