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Side-by-side financial comparison of Molson Coors Beverage Company (TAP) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Molson Coors Beverage Company is the larger business by last-quarter revenue ($3.1B vs $2.5B, roughly 1.2× Tapestry, Inc.). Tapestry, Inc. runs the higher net margin — 22.4% vs 6.7%, a 15.7% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 6.1%). Molson Coors Beverage Company produced more free cash flow last quarter ($1.1B vs $1.0B). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs -9.8%).
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
TAP vs TPR — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.1B | $2.5B |
| Net Profit | $209.3M | $561.3M |
| Gross Margin | 31.0% | 75.5% |
| Operating Margin | — | 28.6% |
| Net Margin | 6.7% | 22.4% |
| Revenue YoY | 6.1% | 14.0% |
| Net Profit YoY | -28.7% | 80.8% |
| EPS (diluted) | $1.22 | $2.68 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $2.5B | ||
| Q3 25 | $3.5B | $1.7B | ||
| Q2 25 | $3.7B | $1.7B | ||
| Q1 25 | $2.7B | $1.6B | ||
| Q4 24 | $3.2B | $2.2B | ||
| Q3 24 | $3.6B | $1.5B | ||
| Q2 24 | $3.8B | $1.6B |
| Q1 26 | $209.3M | — | ||
| Q4 25 | $238.3M | $561.3M | ||
| Q3 25 | $-2.9B | $274.8M | ||
| Q2 25 | $428.7M | $-517.1M | ||
| Q1 25 | $121.0M | $203.3M | ||
| Q4 24 | $287.8M | $310.4M | ||
| Q3 24 | $199.8M | $186.6M | ||
| Q2 24 | $427.0M | $159.3M |
| Q1 26 | 31.0% | — | ||
| Q4 25 | 31.0% | 75.5% | ||
| Q3 25 | 33.7% | 76.3% | ||
| Q2 25 | 34.3% | 76.3% | ||
| Q1 25 | 31.6% | 76.1% | ||
| Q4 24 | 32.0% | 74.4% | ||
| Q3 24 | 33.4% | 75.3% | ||
| Q2 24 | 34.6% | 74.9% |
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 28.6% | ||
| Q3 25 | -98.5% | 19.3% | ||
| Q2 25 | 15.6% | -33.9% | ||
| Q1 25 | 6.9% | 16.0% | ||
| Q4 24 | 12.0% | 22.4% | ||
| Q3 24 | 12.5% | 16.7% | ||
| Q2 24 | 15.6% | 14.8% |
| Q1 26 | 6.7% | — | ||
| Q4 25 | 7.6% | 22.4% | ||
| Q3 25 | -84.0% | 16.1% | ||
| Q2 25 | 11.5% | -30.0% | ||
| Q1 25 | 4.5% | 12.8% | ||
| Q4 24 | 8.9% | 14.1% | ||
| Q3 24 | 5.5% | 12.4% | ||
| Q2 24 | 11.1% | 10.0% |
| Q1 26 | $1.22 | — | ||
| Q4 25 | $1.32 | $2.68 | ||
| Q3 25 | $-14.79 | $1.28 | ||
| Q2 25 | $2.13 | $-2.30 | ||
| Q1 25 | $0.59 | $0.95 | ||
| Q4 24 | $1.39 | $1.38 | ||
| Q3 24 | $0.96 | $0.79 | ||
| Q2 24 | $2.03 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $896.5M | $1.1B |
| Total DebtLower is stronger | $3.9B | $2.4B |
| Stockholders' EquityBook value | $10.4B | $551.2M |
| Total Assets | $22.7B | $6.5B |
| Debt / EquityLower = less leverage | 0.37× | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $896.5M | — | ||
| Q4 25 | $896.5M | $1.1B | ||
| Q3 25 | $950.2M | $743.2M | ||
| Q2 25 | $613.8M | $1.1B | ||
| Q1 25 | $412.7M | $1.1B | ||
| Q4 24 | $969.3M | $1.0B | ||
| Q3 24 | $1.0B | $7.3B | ||
| Q2 24 | $1.6B | $7.2B |
| Q1 26 | $3.9B | — | ||
| Q4 25 | $6.3B | $2.4B | ||
| Q3 25 | $6.3B | $2.4B | ||
| Q2 25 | $6.3B | $2.4B | ||
| Q1 25 | $6.2B | $2.4B | ||
| Q4 24 | $6.1B | $2.4B | ||
| Q3 24 | $6.2B | $7.0B | ||
| Q2 24 | $7.0B | $6.9B |
| Q1 26 | $10.4B | — | ||
| Q4 25 | $10.2B | $551.2M | ||
| Q3 25 | $10.3B | $399.5M | ||
| Q2 25 | $13.4B | $857.8M | ||
| Q1 25 | $13.1B | $1.5B | ||
| Q4 24 | $13.1B | $1.3B | ||
| Q3 24 | $13.3B | $3.0B | ||
| Q2 24 | $13.2B | $2.9B |
| Q1 26 | $22.7B | — | ||
| Q4 25 | $22.7B | $6.5B | ||
| Q3 25 | $22.9B | $6.4B | ||
| Q2 25 | $26.8B | $6.6B | ||
| Q1 25 | $25.9B | $7.3B | ||
| Q4 24 | $26.1B | $7.3B | ||
| Q3 24 | $26.6B | $13.7B | ||
| Q2 24 | $27.4B | $13.4B |
| Q1 26 | 0.37× | — | ||
| Q4 25 | 0.61× | 4.32× | ||
| Q3 25 | 0.61× | 5.95× | ||
| Q2 25 | 0.47× | 2.77× | ||
| Q1 25 | 0.47× | 1.59× | ||
| Q4 24 | 0.47× | 1.78× | ||
| Q3 24 | 0.47× | 2.35× | ||
| Q2 24 | 0.53× | 2.39× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.1B |
| Free Cash FlowOCF − Capex | $1.1B | $1.0B |
| FCF MarginFCF / Revenue | 36.5% | 41.5% |
| Capex IntensityCapex / Revenue | — | 1.7% |
| Cash ConversionOCF / Net Profit | — | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $540.7M | $1.1B | ||
| Q3 25 | $616.1M | $112.6M | ||
| Q2 25 | $718.3M | $446.8M | ||
| Q1 25 | $-90.7M | $144.3M | ||
| Q4 24 | $494.5M | $506.0M | ||
| Q3 24 | $521.2M | $119.5M | ||
| Q2 24 | $869.2M | $256.0M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $357.8M | $1.0B | ||
| Q3 25 | $483.0M | $80.2M | ||
| Q2 25 | $555.0M | $411.5M | ||
| Q1 25 | $-328.0M | $113.4M | ||
| Q4 24 | $383.4M | $475.1M | ||
| Q3 24 | $350.4M | $93.9M | ||
| Q2 24 | $691.7M | $209.8M |
| Q1 26 | 36.5% | — | ||
| Q4 25 | 11.4% | 41.5% | ||
| Q3 25 | 13.9% | 4.7% | ||
| Q2 25 | 14.8% | 23.9% | ||
| Q1 25 | -12.2% | 7.2% | ||
| Q4 24 | 11.8% | 21.6% | ||
| Q3 24 | 9.7% | 6.2% | ||
| Q2 24 | 18.0% | 13.2% |
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 1.7% | ||
| Q3 25 | 3.8% | 1.9% | ||
| Q2 25 | 4.4% | 2.0% | ||
| Q1 25 | 8.8% | 2.0% | ||
| Q4 24 | 3.4% | 1.4% | ||
| Q3 24 | 4.7% | 1.7% | ||
| Q2 24 | 4.6% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 1.93× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | 1.68× | — | ||
| Q1 25 | -0.75× | 0.71× | ||
| Q4 24 | 1.72× | 1.63× | ||
| Q3 24 | 2.61× | 0.64× | ||
| Q2 24 | 2.04× | 1.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TAP
Segment breakdown not available.
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
