Growth Metrics

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

Molson Coors Beverage posted quarterly Operating Expenses of $610.0 million for Q1 2026, down 6.61% year-on-year from $653.2 million in Q1 2025, and little changed on a QoQ basis from $610.9 million in Q4 2025.

Molson Coors Beverage (TAP) has 18 years of Operating Expenses data on file, last reported 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.
  • Across five years, Operating Expenses topped out at $746.8 million in Q3 2023 and bottomed at $575.5 million in Q4 2022.
  • The 5-year median for Operating Expenses is $683.2 million (2023), against an average of $670.2 million.
  • Peak annual rise in Operating Expenses reached 27.18% in 2022, while the deepest fall reached 16.87% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $575.5 million in 2022, then climbed by 18.71% to $683.2 million in 2023, then declined by 4.9% to $649.7 million in 2024, then slipped by 5.97% to $610.9 million in 2025, then decreased 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 3,730.53 Bn 387.52 Bn -58.25 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn -4,786.00
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 420.50 Mn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn -295.42 Mn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 610.00 Mn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn 404.42 Mn

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
Mar 31, 2021 553.80 Mn
Dec 31, 2020 665.30 Mn
Sep 30, 2020 694.20 Mn
Jun 30, 2020 588.80 Mn
Mar 31, 2020 716.30 Mn
Dec 31, 2019 655.30 Mn
Sep 30, 2019 1.39 Bn
Jun 30, 2019 719.80 Mn
Mar 31, 2019 668.20 Mn
Dec 31, 2018 681.00 Mn
Sep 30, 2018 750.50 Mn
Jun 30, 2018 755.20 Mn
Mar 31, 2018 366.30 Mn
Dec 31, 2017 783.10 Mn
Sep 30, 2017 787.90 Mn
Jun 30, 2017 797.70 Mn
Mar 31, 2017 703.30 Mn
Dec 31, 2016 -1.69 Bn
Sep 30, 2016 274.00 Mn
Jun 30, 2016 348.10 Mn
Mar 31, 2016 142.30 Mn
Dec 31, 2015 260.10 Mn
Sep 30, 2015 558.70 Mn
Jun 30, 2015 317.00 Mn
Mar 31, 2015 249.20 Mn
Dec 31, 2014 289.20 Mn
Sep 30, 2014 657.20 Mn
Jun 30, 2014 330.50 Mn
Mar 31, 2014 211.40 Mn
Dec 31, 2013 302.80 Mn
Sep 28, 2013 453.80 Mn
Jun 29, 2013 324.90 Mn
Mar 30, 2013 286.80 Mn
Dec 29, 2012 295.30 Mn
Sep 29, 2012 336.50 Mn
Jun 30, 2012 326.00 Mn
Mar 31, 2012 249.70 Mn
Dec 31, 2011 261.10 Mn
Sep 24, 2011 248.30 Mn
Jun 25, 2011 283.50 Mn
Mar 26, 2011 238.40 Mn
Dec 25, 2010 264.70 Mn
Sep 25, 2010 252.00 Mn
Jun 26, 2010 277.00 Mn
Mar 27, 2010 240.10 Mn
Dec 26, 2009 258.60 Mn
Sep 26, 2009 245.00 Mn
Jun 28, 2009 237.10 Mn
Mar 29, 2009 192.80 Mn