Ambev Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	18,638	28,596	16,059	14,926	16,628
Short-Term Investments	1,805	1,427	519.4	673.6	2,108
Cash & Short-Term Investments	20,443	30,022	16,578	15,600	18,735
Cash Growth	-31.91%	81.09%	6.27%	-16.73%	-1.42%
Accounts Receivable	6,352	6,270	5,742	5,349	4,792
Inventory	10,520	11,690	9,619	12,923	11,000
Other Current Assets	18,627	18,325	17,714	17,387	18,690
Total Current Assets	43,496	54,156	36,563	37,817	38,627
Net Property, Plant & Equipment	27,644	30,170	26,630	30,056	29,224
Other Intangible Assets	11,043	12,531	10,042	9,222	8,689
Goodwill	41,538	44,343	38,004	40,594	42,411
Long-Term Investments	485.8	395.4	289.1	331.9	305.2
Other Long-Term Assets	8,434	8,762	8,027	10,221	7,970
Total Assets	145,087	162,508	132,644	137,958	138,603
Accounts Payable	24,056	25,551	23,502	24,838	25,695
Accrued Expenses	11,014	12,340	11,706	11,537	10,907
Short-Term Debt	-	-	-	74.3	30.5
Current Portion of Long-Term Debt	3,387	3,453	3,501	982.6	847.1
Other Current Liabilities	11,930	14,339	8,461	8,524	8,443
Total Current Liabilities	45,599	49,389	41,005	40,540	38,866
Long-Term Debt	-	-	-	2,788	2,254
Other Long-Term Liabilities	5,925	7,244	5,330	2,161	3,194
Total Long-Term Liabilities	10,713	13,539	11,495	14,090	15,719
Total Liabilities	56,312	62,928	52,501	54,630	54,585
Common Stock	58,275	58,226	58,178	58,131	58,043
Additional Paid-in Capital	108,004	108,973	98,669	92,247	86,379
Accumulated Other Comprehensive Income	-78,365	-68,557	-77,878	-68,422	-61,778
Total Common Shareholders' Equity	87,914	98,642	78,969	81,956	82,643
Minority Interest	860.7	938.4	1,175	1,372	1,375
Shareholders' Equity	88,775	99,581	80,144	83,328	84,018
Total Liabilities & Equity	145,087	162,508	132,644	137,958	138,603
Total Debt	3,387	3,453	3,501	3,845	3,131
Net Cash (Debt)	17,056	26,570	13,077	11,755	15,604
Net Cash Growth	-35.80%	103.17%	11.25%	-24.67%	9.80%
Net Cash Per Share	1.09	1.68	0.83	0.74	0.98
Book Value	87,914	98,642	78,969	81,956	82,643
Book Value Per Share	5.61	6.24	4.99	5.17	5.21
Tangible Book Value	35,333	41,769	30,924	32,139	31,543
Tangible Book Value Per Share	2.25	2.64	1.95	2.03	1.99

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q