Molson Coors Beverage (TAP) Cost of Revenue (2009 - 2026)

Molson Coors Beverage's (TAP) quarterly Cost of Revenue came in at $1.5 billion in Q1 2026, little changed year-on-year from $1.5 billion in Q1 2025, and down 14.18% quarter-over-quarter from $1.7 billion in Q4 2025.

Molson Coors Beverage (TAP) Cost of Revenue (2009 - 2026) Analysis & Trends

Molson Coors Beverage's Cost of Revenue history runs 18 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue changed 0.05% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $6.9 billion, a 0.68% decrease from a year earlier, with the FY2025 full-year figure at $6.9 billion, down 3.21% from the prior year.
  • Cost of Revenue eased to $1.5 billion in Q1 2026 per TAP's latest filing, from $1.7 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.1 billion in Q2 2022 and bottomed at $27.6 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $1.8 billion (2023), against an average of $1.7 billion.
  • Across the five-year window, Cost of Revenue sank 97.64% in 2022 and soared 5608.7% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $1.7 billion in 2022, then climbed by 3.05% to $1.8 billion in 2023, then retreated by 3.4% to $1.7 billion in 2024, then declined by 0.24% to $1.7 billion in 2025, then retreated by 14.18% to $1.5 billion in 2026.
  • Per Business Quant, the three latest TAP Cost of Revenue figures stand at $1.5 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.8 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 United Breweries 4,345.35 Bn 3,704.13 Bn 387.52 Bn 431.99 Bn
2 Mexican Economic Development 1,212.02 Bn 1,205.86 Bn - -
3 Anheuser-Busch InBev 165.17 Bn 152.95 Bn 8.61 Bn 6,943.00
4 Ambev 49.35 Bn 45.58 Bn 2.42 Bn 2.18 Bn
5 Constellation Brands 23.17 Bn 23.07 Bn 1.32 Bn 1.11 Bn
6 Molson Coors Beverage 8.11 Bn 7.73 Bn 897.20 Mn 1.45 Bn
7 Boston Beer 1.95 Bn 1.68 Bn 286.37 Mn 281.97 Mn
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.45 Bn
Mar 31, 2026 1.45 Bn
Dec 31, 2025 1.69 Bn
Dec 31, 2025 1.69 Bn
Sep 30, 2025 1.80 Bn
Sep 30, 2025 1.80 Bn
Jun 30, 2025 1.92 Bn
Jun 30, 2025 1.92 Bn
Mar 31, 2025 1.45 Bn
Mar 31, 2025 1.45 Bn
Dec 31, 2024 1.70 Bn
Dec 31, 2024 1.70 Bn
Sep 30, 2024 1.84 Bn
Sep 30, 2024 1.84 Bn
Jun 30, 2024 1.92 Bn
Jun 30, 2024 1.92 Bn
Mar 31, 2024 1.63 Bn
Mar 31, 2024 1.63 Bn
Dec 31, 2023 1.76 Bn
Dec 31, 2023 1.76 Bn