Molson Coors Beverage (TAP-A) Operating Expenses (2009 - 2026)

Molson Coors Beverage (TAP-A) reported Operating Expenses of $610.0 million for Q1 2026, down 6.61% on a YoY basis from $653.2 million in Q1 2025, and little changed quarter-over-quarter from $610.9 million in Q4 2025.

Molson Coors Beverage (TAP-A) Operating Expenses (2009 - 2026) Analysis & Trends

Molson Coors Beverage has reported Operating Expenses for 18 years, with the latest figure at $610.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 6.61% year-over-year to $610.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (down 4.25% YoY), and the FY2025 full-year result was $2.6 billion, down 2.71% from the prior year.
  • Operating Expenses for Q1 2026 stood at $610.0 million, roughly flat from $610.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $746.8 million in Q3 2023, with the low at $575.5 million in Q4 2022.
  • Historically, Operating Expenses has averaged $670.2 million across 5 years, with a median of $683.2 million in 2023.
  • The largest YoY upside for Operating Expenses was 27.18% in 2022 against a maximum downside of 16.87% in 2022.
  • Molson Coors Beverage's Operating Expenses stood at $575.5 million in 2022, then advanced by 18.71% to $683.2 million in 2023, then dropped by 4.9% to $649.7 million in 2024, then decreased by 5.97% to $610.9 million in 2025, then retreated by 0.15% to $610.0 million in 2026.
  • The last three Operating Expenses figures came in at $610.0 million (Q1 2026), $610.9 million (Q4 2025), and $686.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 United Breweries 4,105.18 Bn 3,586.00 Bn 387.52 Bn -58.25 Bn
2 Anheuser-Busch InBev 140.72 Bn 128.50 Bn 8.61 Bn -4,786.00
3 Ambev 33.67 Bn 29.90 Bn 2.42 Bn -295.42 Mn
4 Constellation Brands 24.55 Bn 24.45 Bn 951.70 Mn 420.50 Mn
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.65 Bn 7.39 Bn 897.20 Mn 610.00 Mn
7 Boston Beer 1.83 Bn 1.66 Bn 213.96 Mn 404.42 Mn
8 NFiniTi - - - 73,077.00
9 Molson Coors Beverage - - 897.20 Mn 610.00 Mn
10 Anheuser-Busch InBev - - 8.61 Bn -4,786.00

Historic Data

Download Data
DateValue
Mar 31, 2026 610.00 Mn
Dec 31, 2025 610.90 Mn
Sep 30, 2025 686.70 Mn
Jun 30, 2025 693.10 Mn
Mar 31, 2025 653.20 Mn
Dec 31, 2024 649.70 Mn
Sep 30, 2024 684.70 Mn
Jun 30, 2024 728.50 Mn
Mar 31, 2024 654.60 Mn
Dec 31, 2023 683.20 Mn
Sep 30, 2023 746.80 Mn
Jun 30, 2023 734.90 Mn
Mar 31, 2023 615.00 Mn
Dec 31, 2022 575.50 Mn
Sep 30, 2022 654.70 Mn
Jun 30, 2022 708.20 Mn
Mar 31, 2022 704.30 Mn
Dec 31, 2021 692.30 Mn
Sep 30, 2021 662.20 Mn
Jun 30, 2021 690.70 Mn