Every 10-Q that Molson Coors Beverage Company (TAP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TAP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TAP filings page.
Molson Coors Beverage Company reported weaker Q2 2026 results. Net sales were $3.10 billion, down 3.3% year over year, and net income attributable to Molson Coors fell to $231.7 million ($1.23 diluted EPS), a 46.0% decline. Operating income dropped 43.1% to $331.9 million as gross margin was pressured.
Cost of goods sold rose 6.0%, driven by materials, logistics and manufacturing inflation, unfavorable mix, and a $40 million quarterly hit from U.S. aluminum Midwest Premium pricing; the company expects about a $130 million unfavorable full‑year impact versus 2025. Unrealized commodity hedge losses and lower volume also weighed on results. Six‑month operating cash flow improved to $820.4 million, supporting dividends of $0.96 per share, $208.6 million of share repurchases and the $275 million acquisition of Atomic Brands’ Monaco RTD cocktails. To refinance maturing 2026 notes, Molson Coors issued $500 million 4.9% senior notes due 2031, $1.0 billion 5.5% notes due 2036 and CAD 500 million 4.3% notes due 2033, increasing total debt to $7.68 billion while ending the quarter with $2.13 billion in cash.
Molson Coors Beverage Company reports first-quarter 2026 results with net sales of $2,351.1 million, up 2.0% from a year earlier, as stronger pricing and premium mix more than offset lower volumes. Financial volume declined 2.9% to 14.964 million hectoliters, reflecting softer demand and share pressure in some brands and markets.
Net income attributable to Molson Coors rose to $151.3 million from $121.0 million, and diluted EPS increased to $0.80 from $0.59, helped by lower marketing, general and administrative expenses and favorable unrealized commodity hedge marks. The effective tax rate increased to 23% from 21%, mainly due to a smaller discrete tax benefit.
Operating cash flow was modestly positive at $2.5 million, improving from a $90.7 million outflow last year, as working capital and lower one-time payments offset higher capital spending of $231.7 million. The company returned cash via a quarterly dividend of $0.48 per share and repurchased 3.37 million Class B shares for $165.8 million. Net debt remained significant, with total long-term debt (including current portion) of $6,216.4 million and upcoming 2026 maturities the company is evaluating refinancing options for. After quarter-end, Molson Coors agreed to acquire Monaco Cocktails maker Atomic Brands for $275 million to expand its ready-to-drink portfolio.
Molson Coors Beverage Company reported a sharp third‑quarter loss driven by a non‑cash goodwill write‑down. The company recorded a $3,645.7 million partial goodwill impairment in the Americas, resulting in Q3 operating loss of $3,431.1 million and net loss attributable to the company of $2,927.6 million (diluted EPS -$14.79).
Net sales were $2,973.5 million versus $3,042.7 million a year ago. Additional non‑cash charges included a $198.6 million partial impairment of the Staropramen family of brands and a $75.3 million impairment of Blue Run Spirits. Cash was $950.2 million; total long‑term debt including current portion was $6,255.4 million with $2,407.2 million current. The company declared a $0.47 quarterly dividend and repurchased 6,011,221 shares year‑to‑date for $334.9 million. Molson Coors announced an Americas restructuring plan to eliminate approximately 400 salaried positions with expected charges of $35–$50 million, and appointed Rahul Goyal as CEO effective October 1, 2025.
Molson Coors (TAP) Q2-25 10-Q highlights: Net sales slipped 1.6% YoY to $3.20 bn as volume and price/mix softness offset lower excise taxes. Gross profit fell 3.6% to $1.28 bn and operating income eased 2.7% to $584 m, but aggressive buybacks (-4% diluted share count) kept diluted EPS up 4.9% to $2.13. Net income attributable to TAP was $429 m (+0.4%).
Six-month trends reflect tougher comps: net sales -5.9% to $5.50 bn, operating income -15.8% to $770 m and diluted EPS -9.4% to $2.71. Operating cash flow dropped 30% to $628 m, while $310 m of share repurchases and $193 m dividends, plus $401 m capex, cut cash to $614 m (Dec-24: $969 m). Long-term debt stands at $6.26 bn (unch.), with liquidity supported by a newly-extended $2 bn revolver maturing 2030.
Balance-sheet equity rose to $13.64 bn aided by $296 m OCI gains (FX translation). Inventory grew 24% to $902 m. Management resolved the Stone Brewing lawsuit with a $60.6 m payment, invested $88 m in Fever-Tree (mark-to-market worth $139 m), and secured U.S. distribution rights. CEO Gavin Hattersley announced retirement by year-end 2025. Americas goodwill remains within 15% of impairment threshold. Board declared a $0.47 dividend (payable 19-Sep-25) and YTD buybacks reached 5.5 m shares.