MOLSON COORS BEVERAGE CO
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
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FY2025 · Filed Feb 18, 2026
TAP-A$43.00-2.8%Stored close · as of Nov 6, 2026
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Part II—Item 8 Financial Statements and Supplementary Data, “Consolidated Statements of Operations”
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN MILLIONS, EXCEPT PER SHARE DATA)
| For the Years Ended | |||
|---|---|---|---|
| December 31, 2025 | December 31, 2024 | December 31, 2023 | |
| Sales | $13,040.3 | $13,734.3 | $13,884.6 |
| Excise taxes | (1,899.5) | (2,107.3) | (2,182.5) |
| Net sales | 11,140.8 | 11,627.0 | 11,702.1 |
| Cost of goods sold | (6,866.2) | (7,093.6) | (7,333.3) |
| Gross profit | 4,274.6 | 4,533.4 | 4,368.8 |
| Marketing, general and administrative expenses | (2,643.9) | (2,717.5) | (2,779.9) |
| Goodwill impairment | (3,645.7) | — | — |
| Other operating income (expense), net | (335.3) | (65.4) | (162.7) |
| Equity income (loss) | 13.4 | 2.7 | 12.0 |
| Operating income (loss) | (2,336.9) | 1,753.2 | 1,438.2 |
| Interest expense | (247.9) | (282.7) | (234.0) |
| Interest income | 20.6 | 35.4 | 25.4 |
| Other pension and postretirement benefit (cost), net | 14.4 | (5.0) | 10.2 |
| Other non-operating income (expense), net | 31.8 | 2.1 | 12.7 |
| Total non-operating income (expense), net | (181.1) | (250.2) | (185.7) |
| Income (loss) before income taxes | (2,518.0) | 1,503.0 | 1,252.5 |
| Income tax benefit (expense) | 337.8 | (345.3) | (296.1) |
| Net income (loss) | (2,180.2) | 1,157.7 | 956.4 |
| Net (income) loss attributable to noncontrolling interests | 40.6 | (35.3) | (7.5) |
| Net income (loss) attributable to Molson Coors Beverage Company | $(2,139.6) | $1,122.4 | $948.9 |
| Net income (loss) attributable to Molson Coors Beverage Company per share | |||
| Basic | $(10.75) | $5.38 | $4.39 |
| Diluted | $(10.75) | $5.35 | $4.37 |
| Weighted-average shares outstanding | |||
| Basic | 199.1 | 208.8 | 216.0 |
| Dilutive effect of share-based awards | — | 1.1 | 1.3 |
| Diluted | 199.1 | 209.9 | 217.3 |
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