Molson Coors faced a substantial net loss in Q3 2025 primarily due to a $3.65 billion non-cash goodwill impairment. Excluding this charge, underlying EPS and operating performance aligned with expectations amidst a soft market and competitive pressures.
Reported net loss of $2.93 billion due to a $3.65 billion goodwill impairment.
Underlying EPS came in at $1.67, down from $1.80 in the prior year.
Revenue declined slightly to $2.97 billion, with a 6% drop in financial volume.
Free cash flow for the first nine months totaled $782.1 million.
Molson Coors reaffirmed its full-year 2025 guidance but now expects results to be at the low end of its forecast ranges due to ongoing industry softness and competitive pressures.
Visualization of income flow from segment revenue to net income