Ambev S.A. (ABEV)
NYSE: ABEV · Real-Time Price · USD
2.790
0.00 (0.00%)
Nov 6, 2026, 4:00 PM EST - Market closed
Ambev Income Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 21,595 | 20,149 | 22,464 | 24,808 | 20,847 | 20,090 | 22,497 | 27,035 | 22,097 | 20,044 | 20,276 | 19,989 | 20,318 | 18,898 | 20,532 | 22,693 | 20,588 | 17,989 | 18,439 | 22,011 | |
Revenue Growth (YoY) | 3.58% | 0.29% | -0.15% | -8.24% | -5.66% | 0.23% | 10.95% | 35.25% | 8.76% | 6.07% | -1.24% | -11.92% | -1.31% | 5.05% | 11.35% | 3.10% | 11.33% | 14.50% | 10.81% | 18.62% |
Cost of Revenue | 10,588 | 9,700 | 10,882 | 11,752 | 10,120 | 10,046 | 10,946 | 12,524 | 10,973 | 10,060 | 10,059 | 9,301 | 10,223 | 9,636 | 10,132 | 10,985 | 10,648 | 9,374 | 9,414 | 10,496 |
Gross Profit | 11,006 | 10,448 | 11,583 | 13,055 | 10,727 | 10,044 | 11,552 | 14,512 | 11,124 | 9,984 | 10,217 | 10,688 | 10,095 | 9,263 | 10,400 | 11,708 | 9,940 | 8,615 | 9,025 | 11,515 |
Selling, General & Admin | 6,137 | 6,393 | 6,265 | 6,716 | 5,862 | 6,207 | 6,463 | 7,716 | 6,415 | 6,542 | 5,934 | 5,756 | 5,684 | 6,117 | 5,994 | 6,780 | 6,238 | 5,811 | 5,247 | 6,609 |
Other Operating Expenses | -649.62 | -728.06 | -574.57 | -654.49 | -557.26 | -556.37 | -582.61 | -702.92 | -562.32 | -519.58 | -572.35 | -644.83 | -462.76 | -381.94 | -453 | -515.25 | -329.65 | -1,227 | -353.3 | -298.15 |
Operating Expenses | 5,487 | 5,665 | 5,691 | 6,061 | 5,304 | 5,651 | 5,881 | 7,013 | 5,853 | 6,022 | 5,362 | 5,111 | 5,221 | 5,735 | 5,541 | 6,265 | 5,909 | 4,584 | 4,894 | 6,311 |
Operating Income | 5,519 | 4,784 | 5,892 | 6,994 | 5,423 | 4,393 | 5,671 | 7,499 | 5,271 | 3,962 | 4,855 | 5,576 | 4,873 | 3,528 | 4,859 | 5,443 | 4,031 | 4,030 | 4,131 | 5,204 |
Interest Expense | -560.34 | -539.58 | -534.64 | -572.13 | -488.04 | -504.89 | -506.19 | -529.32 | -487.45 | -261.87 | -549.54 | -524.37 | -631.39 | -659.6 | -616.81 | -679.22 | -691.58 | -559.71 | -397.76 | -442.47 |
Interest & Investment Income | 379.69 | 422.72 | 408 | 414.06 | 317.21 | 295.13 | 377.01 | 544.07 | 312.28 | 373.64 | 393.91 | 478.67 | 262.39 | 522.96 | 186.4 | 542.69 | 493.06 | 768.45 | 400.59 | 343.05 |
Earnings From Equity Investments | 22.77 | 11.02 | -0.35 | 113.92 | -5.39 | -5.46 | 2.72 | 2.1 | 36.84 | -31.45 | -3.57 | -170.24 | 1.44 | -2.43 | -14.17 | -21.14 | -2.35 | -3.21 | -2.4 | -74.79 |
Currency Exchange Gain (Loss) | 151.67 | -141.18 | -306.09 | -393.11 | -524.05 | -527.47 | -487.92 | 291.3 | -161.54 | - | -33.94 | -384.38 | -172.17 | - | -554.89 | -283.2 | -220.51 | -121.9 | -125.46 | -453.88 |
Other Non Operating Income (Expenses) | -159.09 | -205.49 | -553.6 | -198.47 | -140.45 | -145.33 | -161.35 | -615.68 | -157.42 | -364.53 | -186.2 | 282.7 | -399.42 | -834.61 | -255.1 | -707.96 | -1,191 | -950.03 | -738.24 | -296.71 |
EBT Excluding Unusual Items | 5,354 | 4,331 | 4,906 | 6,358 | 4,582 | 3,505 | 4,895 | 7,191 | 4,814 | 3,678 | 4,476 | 5,259 | 3,934 | 2,554 | 3,605 | 4,294 | 2,418 | 3,164 | 3,267 | 4,279 |
Merger & Restructuring Charges | -42.98 | -31.25 | 36.89 | -104.04 | 845.48 | -51.21 | -21.37 | -51.91 | -18.4 | -11.4 | -17.57 | -36.96 | -16.11 | -28.41 | -27.89 | -47.55 | -12.22 | -25.41 | -16.56 | -43.95 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -76.69 |
Gain (Loss) on Sale of Assets | 33.57 | 34.1 | 28.45 | 13.23 | 9.87 | 29.49 | 32.59 | 46.41 | 33 | - | 20.68 | 31.81 | 11.98 | 14.5 | 28.08 | 23.81 | 19.04 | 12.49 | 33.42 | 79.1 |
Legal Settlements | -71.86 | -12.59 | -50.31 | -249.26 | -204.66 | -35.6 | -52.31 | -66.67 | -59.06 | -49.67 | -44.38 | -257.78 | -15.78 | -72.99 | -17.31 | -187.59 | -172.23 | -57.79 | -39.02 | -290 |
Other Unusual Items | -24.1 | 17.51 | 10.82 | -86.62 | -18.98 | -28.42 | 2.19 | -208.73 | -99.93 | -185.25 | 40.72 | -269.26 | 145.34 | -95.01 | 289.92 | 244.84 | 551.22 | 445.41 | 320.46 | 156.64 |
Pretax Income | 5,248 | 4,339 | 4,931 | 5,932 | 5,214 | 3,420 | 4,856 | 6,911 | 4,670 | 3,432 | 4,475 | 4,727 | 4,060 | 2,372 | 3,878 | 4,328 | 2,804 | 3,539 | 3,566 | 4,104 |
Income Tax Expense | 882.13 | 864.51 | 1,046 | 1,402 | 350.17 | 629.11 | 1,052 | 1,886 | 1,103 | 979.87 | 671.17 | 198.22 | 44.68 | -225.83 | 58.42 | -755.87 | -411.1 | 474.57 | 36.78 | 357.23 |
Earnings From Continuing Operations | 4,366 | 3,475 | 3,886 | 4,529 | 4,864 | 2,791 | 3,805 | 5,025 | 3,566 | 2,452 | 3,804 | 4,528 | 4,015 | 2,598 | 3,819 | 5,083 | 3,215 | 3,064 | 3,529 | 3,747 |
Minority Interest in Earnings | -120.92 | -87.76 | -117.3 | -182.89 | -118.59 | -72.84 | -110.7 | -144.2 | -106.03 | -55.58 | -103.91 | -140.79 | -103.26 | -94.79 | -119.67 | -116.53 | -106.45 | -94.3 | -116.07 | -139.73 |
Net Income | 4,245 | 3,387 | 3,768 | 4,347 | 4,745 | 2,718 | 3,694 | 4,880 | 3,460 | 2,396 | 3,700 | 4,388 | 3,912 | 2,503 | 3,700 | 4,967 | 3,109 | 2,970 | 3,413 | 3,607 |
Net Income to Common | 4,245 | 3,387 | 3,768 | 4,347 | 4,745 | 2,718 | 3,694 | 4,880 | 3,460 | 2,396 | 3,700 | 4,388 | 3,912 | 2,503 | 3,700 | 4,967 | 3,109 | 2,970 | 3,413 | 3,607 |
Net Income Growth (YoY) | -10.53% | 24.62% | 2.01% | -10.94% | 37.13% | 13.41% | -0.17% | 11.23% | -11.54% | -4.26% | 0.02% | -11.66% | 25.84% | -15.72% | 8.40% | 37.69% | -12.50% | 2.91% | 29.99% | -46.84% |
Shares Outstanding (Basic) | 15,415 | 15,610 | 15,610 | 15,601 | 15,604 | 15,604 | 15,666 | 15,728 | 15,727 | 15,730 | 15,749 | 15,743 | 15,746 | 15,748 | 15,749 | 15,742 | 15,742 | 15,744 | 15,741 | 15,738 |
Shares Outstanding (Diluted) | 15,477 | 15,677 | 15,675 | 15,667 | 15,671 | 15,677 | 15,739 | 15,810 | 15,814 | 15,808 | 15,843 | 15,837 | 15,844 | 15,847 | 15,843 | 15,848 | 15,853 | 15,856 | 15,853 | 15,859 |
Shares Change (YoY) | -1.24% | -0.00% | -0.41% | -0.91% | -0.91% | -0.83% | -0.65% | -0.17% | -0.19% | -0.24% | - | -0.07% | -0.06% | -0.06% | -0.07% | -0.06% | -0.04% | 0.02% | -0.11% | -0.07% |
EPS (Basic) | 0.28 | 0.22 | 0.24 | 0.28 | 0.30 | 0.17 | 0.24 | 0.31 | 0.22 | 0.15 | 0.23 | 0.28 | 0.25 | 0.16 | 0.23 | 0.32 | 0.20 | 0.19 | 0.22 | 0.23 |
EPS (Diluted) | 0.27 | 0.22 | 0.24 | 0.28 | 0.30 | 0.17 | 0.23 | 0.31 | 0.22 | 0.15 | 0.23 | 0.28 | 0.25 | 0.16 | 0.23 | 0.31 | 0.20 | 0.19 | 0.22 | 0.23 |
EPS Growth (YoY) | -9.41% | 24.63% | 2.43% | -10.12% | 38.39% | 14.36% | 0.49% | 11.42% | -11.39% | -4.03% | 0.02% | -11.61% | 25.91% | -15.67% | 8.48% | 37.81% | -12.45% | 2.89% | 30.13% | -46.81% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 6,545 | 3,832 | 2,694 | 11,622 | 5,875 | 1,962 | 375.82 | 12,395 | 6,922 | 2,330 | -297.7 | 11,676 | 6,640 | 2,120 | -1,729 | 9,775 | 4,253 | 449.11 | -368.78 | 8,815 |
Free Cash Flow Per Share | 0.42 | 0.24 | 0.17 | 0.74 | 0.38 | 0.13 | 0.02 | 0.78 | 0.44 | 0.15 | -0.02 | 0.74 | 0.42 | 0.13 | -0.11 | 0.62 | 0.27 | 0.03 | -0.02 | 0.56 |
Dividend Per Share | - | - | - | 0.269 | 0.461 | 0.128 | 0.256 | 0.668 | - | - | - | 0.730 | - | - | - | 0.762 | - | - | - | 0.604 |
Dividend Growth (YoY) | - | - | - | -59.71% | - | - | - | -8.57% | - | - | - | -4.21% | - | - | - | 26.29% | - | - | - | 23.08% |
Gross Margin | 50.97% | 51.86% | 51.56% | 52.63% | 51.46% | 49.99% | 51.35% | 53.68% | 50.34% | 49.81% | 50.39% | 53.47% | 49.68% | 49.01% | 50.65% | 51.59% | 48.28% | 47.89% | 48.94% | 52.31% |
Operating Margin | 25.56% | 23.74% | 26.23% | 28.19% | 26.01% | 21.87% | 25.21% | 27.74% | 23.86% | 19.77% | 23.95% | 27.90% | 23.99% | 18.67% | 23.67% | 23.98% | 19.58% | 22.40% | 22.40% | 23.64% |
Profit Margin | 19.66% | 16.81% | 16.77% | 17.52% | 22.76% | 13.53% | 16.42% | 18.05% | 15.66% | 11.96% | 18.25% | 21.95% | 19.25% | 13.25% | 18.02% | 21.89% | 15.10% | 16.51% | 18.51% | 16.39% |
Free Cash Flow Margin | 30.31% | 19.02% | 11.99% | 46.85% | 28.18% | 9.77% | 1.67% | 45.85% | 31.33% | 11.62% | -1.47% | 58.41% | 32.68% | 11.22% | -8.42% | 43.08% | 20.66% | 2.50% | -2.00% | 40.05% |
EBITDA | 7,209 | 6,315 | 7,177 | 7,818 | 7,022 | 6,096 | 7,384 | 8,438 | 7,002 | 5,682 | 6,488 | 6,156 | 6,545 | 5,231 | 6,386 | 5,829 | 5,554 | 5,500 | 5,462 | 5,342 |
EBITDA Margin | 33.38% | 31.34% | 31.95% | 31.52% | 33.68% | 30.34% | 32.82% | 31.21% | 31.69% | 28.35% | 32.00% | 30.80% | 32.21% | 27.68% | 31.10% | 25.68% | 26.98% | 30.57% | 29.62% | 24.27% |
D&A For EBITDA | 1,690 | 1,531 | 1,284 | 824.16 | 1,599 | 1,702 | 1,713 | 939.03 | 1,730 | 1,720 | 1,632 | 579.78 | 1,671 | 1,704 | 1,527 | 385.66 | 1,523 | 1,470 | 1,331 | 138.35 |
EBIT | 5,519 | 4,784 | 5,892 | 6,994 | 5,423 | 4,393 | 5,671 | 7,499 | 5,271 | 3,962 | 4,855 | 5,576 | 4,873 | 3,528 | 4,859 | 5,443 | 4,031 | 4,030 | 4,131 | 5,204 |
EBIT Margin | 25.56% | 23.74% | 26.23% | 28.19% | 26.01% | 21.87% | 25.21% | 27.74% | 23.86% | 19.77% | 23.95% | 27.90% | 23.99% | 18.67% | 23.67% | 23.98% | 19.58% | 22.40% | 22.40% | 23.64% |
Effective Tax Rate | 16.81% | 19.92% | 21.21% | 23.64% | 6.72% | 18.40% | 21.66% | 27.29% | 23.63% | 28.55% | 15.00% | 4.19% | 1.10% | - | 1.51% | - | - | 13.41% | 1.03% | 8.70% |