TAP · 8-K · 20260806PR000070

Net Income and Profitability

MOLSON COORS BEVERAGE CO · 2026-08-06 · Importance 51 · Surprise 38

Second-quarter 2026 GAAP net income attributable to Molson Coors fell to $231.7 million from $428.7 million a year earlier, while diluted EPS declined to $1.23 from $2.13. Underlying net income attributable to Molson Coors decreased to $296.6 million from $412.3 million, and underlying diluted EPS declined to $1.58 from $2.05. Underlying income before income taxes fell to $383.2 million from $531.5 million, reflecting lower profitability across both operating segments and a $91.0 million unfavorable unrealized mark-to-market adjustment in cost of goods sold.

Key facts

• Underlying (Non-GAAP) diluted earnings per share for the three months ended June 30, 2026: $1.58, decreased 22.9%. source
• Underlying (Non-GAAP) Net income (loss) attributable to MCBC for the three months ended June 30, 2026: $296.6 million source
• For the three months ended June 30, 2026 U.S. GAAP Net income (loss): $221.6 million (used in calculating underlying EBITDA) source
• U.S. GAAP net income attributable to MCBC for the three months ended June 30, 2026: $231.7 million, $1.23 diluted earnings per share. source
• Reported (U.S. GAAP) Net income (loss) attributable to MCBC for the three months ended June 30, 2026: $231.7 million source
• Underlying (Non-GAAP) Diluted earnings per share for the three months ended June 30, 2026: $1.58 source
• Reported (U.S. GAAP) Diluted earnings per share for the three months ended June 30, 2026: $1.23 source