TAP at a glance
Molson Coors Beverage Company (TAP, SEC CIK 24545) filed its latest 10-K annual report on February 18, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 6, 2026 and Form 4 insider filings as recently as October 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Molson Coors Beverage Company (TAP) reported revenue of $13.0 billion (down 5.1% from FY2024) and a net loss of $2.1 billion. Diluted EPS was -$10.75.
- As of June 30, 2026, 38 institutional investment managers tracked by SignalX reported holding Molson Coors Beverage Company (TAP) shares worth $3.6 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $13.0B
- −5.1% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 38 funds
- $3.6B · −1 vs prior quarter
- Latest 8-K
- Aug 6, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Global brewer with diversified portfolio of beer, flavored beverages, spirits, non-alcoholic drinks, and partner brands across Americas and EMEA&APAC
- New strategic emphasis: Accelerated transformation to total beverage company under new CEO (Oct 2025) focusing on premium mixers, non-alcoholic beverages, energy drinks, and restructuring Americas region
- Competitive positioning: Pursuit of sustainable growth while championing beer across all segments amid evolving consumer preference shift towards above premium and spirits-based RTDs
- Quantitative metric: Global workforce ~16,200 employees as of Dec 31, 2025; Americas ~9,900, EMEA&APAC ~6,300; approx. 25-27% union representation
- Noteworthy fact: U.S. excise taxes at $15/hl, Canada $56/hl, EMEA&APAC $45/hl in 2025, reflecting significant regional tax differentials impacting pricing and margins
Risk Factors
- Keystone litigation final payment $60.6 million impacting operating cash flow in 2025
- U.S. passage of OBBBA law reducing income taxes paid by approximately $80 million in 2025
- Investment in Fevertree Drinks plc $88.1 million and acquisition of Fevertree USA increasing investing cash outflows
- Cash and cash equivalents decreased to $896.5 million in 2025 due to share repurchases, dividends, and acquisitions
- Prior year $1,138.4 million financing cash outflow included acquisition of noncontrolling interest in CBPL
Management Discussion & Analysis
- Tariff-related cost increase $35M unfavorable impact in 2025 due to U.S. Midwest Premium aluminum price spike
- CEO transition October 1, 2025: Rahul Goyal appointed CEO replacing Gavin D.K. Hattersley
- Pension annuity purchase caused $34M settlement loss recorded Q3 2024
- Macroeconomic volatility and heightened U.S. competition pressured market share and results
- Ongoing strategies planned to mitigate cost inflation, margin pressure, and support growth
AI summary of the TAP 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Aluminum surcharge, tariffs, and geopolitical volatility creating commodity, supply-chain, and consumer-confidence headwinds
- Midwest Premium unfavorable COGS impact $40M in Q2, with approximately $130M expected for 2026
- Atomic Brands acquisition completed for $275M, including approximately $65M brand intangible and $200M goodwill
Risk Factors
- No Risk Factors section provided in the submitted text
- No newly added, materially updated, regulatory, operational, competitive, market, or financial risk disclosed
- Share-repurchase authorization increased to $4.0 billion through December 31, 2031
- Repurchases remain subject to liquidity needs, debt-agreement restrictions, and market conditions
AI summary of the TAP 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Fiscal quarter ended June 30, 2026 results released August 6, 2026
- Exhibit 99.1 contains the company’s financial results and related investor information
Item EX-99.1: Item EX-99.1
- Q2 net sales fell 3.3% to $3,096.5 million, with financial volume down 5.4% despite 1.8% price and mix benefits
- Underlying diluted EPS declined 22.9% to $1.58, reflecting volume weakness, inflation and higher MG&A
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Philip Whitehead temporarily stepping away as EMEA&APAC CEO for medical reasons
- Simon Kerry appointed interim leader while Whitehead remains on medical leave
Item 1.01: Entry into a Material Definitive Agreement
- $1.846B net proceeds from concurrent U.S. dollar and Canadian dollar debt offerings
- 2031 Notes carry 4.900% interest; 2036 Notes carry 5.500% interest
AI summaries of TAP 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for TAP
Don't miss the next TAP filing
- Alerts as it files. A push when TAP files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut TAP, by share count.
- Ask anything. An AI agent that reads every TAP filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| HERINGTON CHARLES M | A | Sep 30, 2026 | 395 | - |
| Cocks Christian P | A | Sep 30, 2026 | 789 | - |
| Cocks Christian P | A | Jun 30, 2026 | 738 | - |
| HERINGTON CHARLES M | A | Jun 30, 2026 | 369 | - |
| Molson Geoffrey E. | F | May 18, 2026 | 1,422 | $41.68 |
| Eaton Roger G. | F | May 18, 2026 | 610 | $41.68 |
| O'Sullivan Nessa | F | May 18, 2026 | 610 | $41.68 |
| Riley H Sanford | F | May 18, 2026 | 1,345 | $41.68 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $13.7B | $13.0B |
| Gross Profit | $4.4B | $4.5B | $4.3B |
| Operating Income | - | $1.8B | -$2.3B |
| Net Income | $948.9M | $1.1B | -$2.1B |
| Gross Margin | - | 33.0% | 32.8% |
| Op. Margin | - | 12.8% | -17.9% |
| Net Margin | - | 8.2% | -16.4% |
| Balance Sheet | |||
| Total Assets | $26.4B | $26.1B | $22.7B |
| Equity | - | $13.1B | $10.2B |
| ROE | - | 8.6% | -20.9% |
| Per Share | |||
| EPS | - | $5.35 | $-10.75 |
| Cash Flow | |||
| Operating CF | $2.1B | $1.9B | $1.8B |
Source: XBRL data in Molson Coors Beverage Company (TAP)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate TAP share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 38 | $3.61B |
| Q1 2026 | 39 | $3.45B |
| Q4 2025 | 37 | $3.50B |
| Q3 2025 | 38 | $3.80B |
| Q2 2025 | 39 | $3.74B |
| Q1 2025 | 36 | $3.80B |
| Q4 2024 | 29 | $3.09B |
| Q3 2024 | 24 | $1.83B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 280 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
TAP filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| SC 13G | Aug 13, 2026 | - | - | |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| SC 13G | Jul 14, 2026 | - | - | |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 8-K | Jun 24, 2026 | - | Analysis | - |
| 8-K | May 27, 2026 | - | Analysis | |
| 8-K | May 22, 2026 | - | Analysis | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 8-K | May 8, 2026 | - | Analysis | |
| 4 | May 8, 2026 | - | - | |
| 10-Q | Apr 30, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 30, 2026 | - | Analysis | - |
| SC 13G | Apr 30, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Apr 2, 2026 | - | - | - |
| 4 | Apr 1, 2026 | - | - | - |
| 4 | Apr 1, 2026 | - | - | - |
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TAP SEC filings: frequently asked questions
Which institutions hold TAP stock?
As of June 30, 2026, the largest Molson Coors Beverage Company (TAP) holders among the 13F filers tracked by SignalX were BlackRock ($473.4 million), AQR Capital Management ($432.8 million), Vanguard Portfolio Management LLC ($413.7 million), Vanguard Capital Management LLC ($403.8 million), Dimensional Fund Advisors ($344.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was TAP's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Molson Coors Beverage Company (TAP) reported revenue of $13.0 billion (down 5.1% from FY2024) and a net loss of $2.1 billion. Diluted EPS was -$10.75. The figures come from the XBRL data in the 10-K.
What are the main risks in TAP's latest 10-K?
In the 10-K filed February 18, 2026, Molson Coors Beverage Company (TAP) flagged: Keystone litigation final payment $60.6 million impacting operating cash flow in 2025. U.S. passage of OBBBA law reducing income taxes paid by approximately $80 million in 2025. (AI summary of the Risk Factors section.)
What did TAP report in its latest 8-K?
Molson Coors Beverage Company (TAP) filed an 8-K on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Fiscal quarter ended June 30, 2026 results released August 6, 2026.
What are the latest TAP SEC filings?
Molson Coors Beverage Company (TAP) filed its latest 10-K annual report on February 18, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 6, 2026 and a Form 4 insider filing on October 1, 2026.
What is TAP's SEC CIK number?
Molson Coors Beverage Company (TAP)'s SEC Central Index Key (CIK) is 24545. EDGAR lists every TAP filing under that number.
Ask anything about TAP
The research agent reads TAP's filings, financials, insider trades and 13F holders, then answers with sources.