Anheuser-Busch InBev SA/NV (BUD)
NYSE: BUD · Real-Time Price · USD
83.96
-1.24 (-1.46%)
Nov 6, 2026, 4:00 PM EST - Market closed
Anheuser-Busch InBev Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. 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 |
| 16,512 | 16,660 | 15,267 | 15,556 | 15,133 | 15,004 | 13,628 | 14,841 | 15,046 | 15,333 | 14,547 | 14,473 | 15,574 | 15,120 | 14,213 | 14,668 | 15,091 | 14,792 | 13,235 | 14,198 | |
Revenue Growth (YoY) | 9.11% | 11.04% | 12.03% | 4.82% | 0.58% | -2.15% | -6.32% | 2.54% | -3.39% | 1.41% | 2.35% | -1.33% | 3.20% | 2.22% | 7.39% | 3.31% | 5.72% | 9.25% | 7.66% | 11.21% |
Cost of Revenue | 7,210 | 7,082 | 6,620 | 6,943 | 6,596 | 6,558 | 6,044 | 6,644 | 6,680 | 6,766 | 6,653 | 6,679 | 7,180 | 7,019 | 6,517 | 6,661 | 6,860 | 6,795 | 5,989 | 6,096 |
Gross Profit | 9,302 | 9,578 | 8,647 | 8,613 | 8,537 | 8,446 | 7,584 | 8,197 | 8,366 | 8,567 | 7,894 | 7,794 | 8,394 | 8,101 | 7,696 | 8,007 | 8,231 | 7,997 | 7,246 | 8,102 |
Selling, General & Admin | 4,979 | 5,222 | 4,743 | 4,860 | 4,535 | 4,643 | 4,206 | 4,624 | 4,512 | 4,836 | 4,457 | 4,564 | 4,605 | 4,728 | 4,365 | 4,610 | 4,365 | 4,520 | 4,134 | 4,643 |
Other Operating Expenses | -215 | -199 | -170 | -128 | -203 | -191 | -192 | -152 | -215 | -151 | -183 | -117 | -217 | -175 | -152 | 90 | -170 | -314 | -164 | -107 |
Operating Expenses | 4,764 | 5,023 | 4,573 | 4,732 | 4,332 | 4,452 | 4,014 | 4,472 | 4,297 | 4,685 | 4,274 | 4,447 | 4,388 | 4,553 | 4,213 | 4,700 | 4,195 | 4,206 | 3,970 | 4,536 |
Operating Income | 4,538 | 4,555 | 4,074 | 3,881 | 4,205 | 3,994 | 3,570 | 3,725 | 4,069 | 3,882 | 3,620 | 3,347 | 4,006 | 3,548 | 3,483 | 3,307 | 4,036 | 3,791 | 3,276 | 3,566 |
Interest Expense | -600 | -1,007 | -613 | -1,379 | -675 | -1,006 | -651 | -1,400 | -719 | -1,115 | -714 | -1,487 | -789 | -1,142 | -806 | -1,298 | -826 | -1,000 | -846 | -715 |
Interest & Investment Income | - | 345 | - | 511 | - | 303 | - | 496 | 34 | 318 | 36 | 458 | 29 | 272 | 31 | 148 | 34 | 149 | 48 | 11 |
Earnings From Equity Investments | 97 | 96 | 52 | 132 | 110 | 83 | 52 | 103 | 89 | -24 | 161 | 94 | 95 | 55 | 50 | 89 | 81 | 74 | 55 | 74 |
Currency Exchange Gain (Loss) | - | -128 | - | -386 | - | -161 | - | -147 | - | -162 | - | -353 | - | -149 | - | -363 | - | -143 | - | -101 |
Other Non Operating Income (Expenses) | -308 | -219 | -437 | 141 | -490 | -149 | -346 | -27 | -337 | -188 | -487 | -64 | -441 | -309 | -442 | -227 | -582 | -504 | -248 | -301 |
EBT Excluding Unusual Items | 3,727 | 3,642 | 3,076 | 2,900 | 3,150 | 3,064 | 2,625 | 2,750 | 3,136 | 2,711 | 2,616 | 1,995 | 2,900 | 2,275 | 2,316 | 1,656 | 2,743 | 2,367 | 2,285 | 2,534 |
Merger & Restructuring Charges | -23 | -24 | -23 | -53 | -20 | -35 | -12 | -59 | -38 | -28 | -31 | 555 | 56 | -23 | -27 | -117 | -78 | -118 | 67 | 242 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | -20 | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | 95 | - | - | - | 88 | - | - | - | 73 | - | - | - | 82 | - | - | - | 65 |
Asset Writedown | - | -58 | - | -15 | - | -26 | - | -9 | - | - | - | - | - | - | - | -176 | - | - | - | -258 |
Legal Settlements | - | - | - | 117 | - | -30 | 30 | 142 | - | - | - | 193 | - | - | - | 369 | - | - | - | 118 |
Other Unusual Items | -779 | 1,442 | 710 | 53 | -872 | -209 | 565 | -373 | 149 | -179 | -307 | -150 | -324 | -1,050 | 356 | 1,478 | -152 | 446 | -1,329 | 84 |
Pretax Income | 2,925 | 5,002 | 3,763 | 3,097 | 2,258 | 2,764 | 3,208 | 2,539 | 3,247 | 2,504 | 2,278 | 2,646 | 2,632 | 1,202 | 2,645 | 3,292 | 2,513 | 2,695 | 1,023 | 2,785 |
Income Tax Expense | 952 | 918 | 786 | 720 | 726 | 740 | 664 | 848 | 758 | 752 | 794 | 376 | 666 | 595 | 597 | -5 | 688 | 720 | 524 | 440 |
Earnings From Continuing Operations | 1,973 | 4,084 | 2,977 | 2,377 | 1,532 | 2,024 | 2,544 | 1,691 | 2,489 | 1,752 | 1,484 | 2,270 | 1,966 | 607 | 2,048 | 3,297 | 1,825 | 1,975 | 499 | 2,345 |
Net Income to Company | 1,973 | 4,084 | 2,977 | 2,377 | 1,532 | 2,024 | 2,544 | 1,691 | 2,489 | 1,752 | 1,484 | 2,270 | 1,966 | 607 | 2,048 | 3,297 | 1,825 | 1,975 | 499 | 2,345 |
Minority Interest in Earnings | -376 | -333 | -414 | -418 | -478 | -348 | -396 | -471 | -418 | -279 | -393 | -379 | -494 | -269 | -409 | -454 | -392 | -378 | -404 | -383 |
Net Income | 1,597 | 3,751 | 2,563 | 1,959 | 1,054 | 1,676 | 2,148 | 1,220 | 2,071 | 1,473 | 1,091 | 1,891 | 1,472 | 338 | 1,639 | 2,843 | 1,433 | 1,597 | 95 | 1,962 |
Net Income to Common | 1,597 | 3,751 | 2,563 | 1,959 | 1,054 | 1,676 | 2,148 | 1,220 | 2,071 | 1,473 | 1,091 | 1,891 | 1,472 | 338 | 1,639 | 2,843 | 1,433 | 1,597 | 95 | 1,962 |
Net Income Growth (YoY) | 51.52% | 123.81% | 19.32% | 60.57% | -49.11% | 13.78% | 96.88% | -35.48% | 40.69% | 335.80% | -33.43% | -33.49% | 2.72% | -78.83% | 1625.26% | 44.90% | 473.20% | -14.28% | -84.03% | -13.38% |
Shares Outstanding (Basic) | 1,973 | 1,976 | 1,978 | 1,984 | 1,986 | 1,989 | 1,994 | 2,003 | 2,004 | 2,005 | 2,015 | 2,016 | 2,016 | 2,016 | 2,015 | 2,013 | 2,012 | 2,012 | 2,012 | 2,007 |
Shares Outstanding (Diluted) | 1,973 | 1,976 | 1,978 | 1,984 | 1,986 | 1,989 | 1,994 | 2,003 | 2,004 | 2,005 | 2,015 | 2,016 | 2,016 | 2,016 | 2,015 | 2,013 | 2,012 | 2,012 | 2,012 | 2,007 |
Shares Change (YoY) | -0.66% | -0.65% | -0.80% | -0.95% | -0.90% | -0.80% | -1.04% | -0.65% | -0.60% | -0.55% | - | 0.15% | 0.20% | 0.20% | 0.15% | 0.30% | 0.30% | -3.59% | 0.45% | 0.45% |
EPS (Basic) | 0.81 | 1.90 | 1.30 | 0.99 | 0.53 | 0.84 | 1.08 | 0.61 | 1.03 | 0.73 | 0.54 | 0.94 | 0.73 | 0.17 | 0.81 | 1.41 | 0.71 | 0.79 | 0.05 | 0.98 |
EPS (Diluted) | 0.81 | 1.90 | 1.30 | 0.99 | 0.53 | 0.84 | 1.08 | 0.60 | 1.03 | 0.73 | 0.54 | 0.94 | 0.73 | 0.17 | 0.81 | 1.41 | 0.71 | 0.79 | 0.05 | 0.97 |
EPS Growth (YoY) | 52.52% | 124.93% | 20.29% | 63.34% | -48.64% | 15.50% | 98.96% | -35.53% | 41.54% | 341.89% | -33.43% | -33.52% | 2.52% | -79.20% | 1622.72% | 44.84% | 471.49% | -10.89% | -84.10% | -13.73% |
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 |
Dividend Per Share | - | 0.457 | - | 1.174 | - | 0.176 | - | 1.035 | - | - | - | 0.906 | - | - | - | 0.802 | - | - | - | 0.569 |
Dividend Growth (YoY) | - | 159.41% | - | 13.42% | - | - | - | 14.22% | - | - | - | 13.08% | - | - | - | 40.96% | - | - | - | -7.03% |
Gross Margin | 56.34% | 57.49% | 56.64% | 55.37% | 56.41% | 56.29% | 55.65% | 55.23% | 55.60% | 55.87% | 54.26% | 53.85% | 53.90% | 53.58% | 54.15% | 54.59% | 54.54% | 54.06% | 54.75% | 57.06% |
Operating Margin | 27.48% | 27.34% | 26.68% | 24.95% | 27.79% | 26.62% | 26.20% | 25.10% | 27.04% | 25.32% | 24.88% | 23.13% | 25.72% | 23.47% | 24.51% | 22.55% | 26.74% | 25.63% | 24.75% | 25.12% |
Profit Margin | 9.67% | 22.52% | 16.79% | 12.59% | 6.97% | 11.17% | 15.76% | 8.22% | 13.76% | 9.61% | 7.50% | 13.07% | 9.45% | 2.23% | 11.53% | 19.38% | 9.50% | 10.80% | 0.72% | 13.82% |
EBITDA | 5,473 | 5,470 | 5,009 | 4,816 | 5,172 | 5,285 | 4,537 | 4,850 | 5,026 | 5,253 | 4,577 | 4,440 | 4,955 | 4,846 | 4,432 | 4,375 | 4,972 | 5,030 | 4,212 | 4,596 |
EBITDA Margin | 33.14% | 32.83% | 32.81% | 30.96% | 34.17% | 35.22% | 33.29% | 32.68% | 33.41% | 34.26% | 31.46% | 30.68% | 31.81% | 32.05% | 31.18% | 29.83% | 32.95% | 34.00% | 31.82% | 32.37% |
D&A For EBITDA | 934.5 | 914.5 | 934.5 | 934.5 | 966.75 | 1,291 | 966.75 | 1,125 | 957.25 | 1,371 | 957.25 | 1,093 | 948.75 | 1,298 | 948.75 | 1,068 | 935.75 | 1,239 | 935.75 | 1,030 |
EBIT | 4,538 | 4,555 | 4,074 | 3,881 | 4,205 | 3,994 | 3,570 | 3,725 | 4,069 | 3,882 | 3,620 | 3,347 | 4,006 | 3,548 | 3,483 | 3,307 | 4,036 | 3,791 | 3,276 | 3,566 |
EBIT Margin | 27.48% | 27.34% | 26.68% | 24.95% | 27.79% | 26.62% | 26.20% | 25.10% | 27.04% | 25.32% | 24.88% | 23.13% | 25.72% | 23.47% | 24.51% | 22.55% | 26.74% | 25.63% | 24.75% | 25.12% |
Effective Tax Rate | 32.55% | 18.35% | 20.89% | 23.25% | 32.15% | 26.77% | 20.70% | 33.40% | 23.34% | 30.03% | 34.86% | 14.21% | 25.30% | 49.50% | 22.57% | - | 27.38% | 26.72% | 51.22% | 15.80% |