Ambev S.A. (ABEV) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ABEV Revenue Growth
ABEV Revenue Analysis (2014–2025)
As of May 8, 2026, Ambev S.A. (ABEV) generated trailing twelve-month (TTM) revenue of $88.21 billion, reflecting slight decline in growth of -0.1% year-over-year. The most recent quarter (Q1 2026) recorded $22.46 billion in revenue, down 9.4% sequentially.
Looking at the longer-term picture, ABEV's 5-year compound annual growth rate (CAGR) stands at +8.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $89.45 billion in 2024.
When compared to Consumer Defensive sector peers including BUD (+3.7% YoY), TAP (-1.3% YoY), and SAM (+2.7% YoY), ABEV has underperformed the peer group in terms of revenue growth. Compare ABEV vs BUD →
ABEV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ABEVCurrent | $88.2B | -0.1% | +8.6% | 25.3% | |
 BUD | $59.8B | +3.7% | +2.7% | 25.9% | |
 TAP | $11.1B | -1.3% | +2.9% | -21.0% | |
 SAM | $2.1B | +2.7% | +3.7% | 6.9% | |
 KO | $47.9B | +5.1% | +7.7% | 28.7% | |
 PEP | $93.9B | +2.3% | +5.9% | 12.2% |
ABEV Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $88.24B | -1.4% | $45.38B | 51.4% | $22.32B | 25.3% |
| 2024 | $89.45B | +12.2% | $45.84B | 51.2% | $21.80B | 24.4% |
| 2023 | $79.74B | +0.0% | $40.45B | 50.7% | $18.83B | 23.6% |
| 2022 | $79.71B | +9.4% | $39.29B | 49.3% | $17.69B | 22.2% |
| 2021 | $72.85B | +24.8% | $37.19B | 51.1% | $17.08B | 23.4% |
| 2020 | $58.38B | +12.3% | $31.31B | 53.6% | $15.97B | 27.4% |
| 2019 | $52.01B | +3.5% | $30.33B | 58.3% | $16.07B | 30.9% |
| 2018 | $50.23B | +4.9% | $30.98B | 61.7% | $17.15B | 34.1% |
| 2017 | $47.90B | +5.0% | $29.87B | 62.4% | $16.55B | 34.6% |
| 2016 | $45.60B | -2.4% | $28.92B | 63.4% | $17.11B | 37.5% |
Full ABEV Stock Analysis
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Start ComparisonABEV — Frequently Asked Questions
Quick answers to the most common questions about buying ABEV stock.
Is ABEV's revenue growth accelerating or slowing?
ABEV revenue growth slowed to -0.1%, below the 5-year CAGR of +8.6%. TTM revenue is $88.2B. The deceleration marks a shift from historical growth rates.
What is ABEV's long-term revenue growth rate?
Ambev S.A.'s 5-year revenue CAGR of +8.6% reflects the variable expansion pattern. Current YoY growth of -0.1% is near this long-term average.
How is ABEV's revenue distributed by segment?
ABEV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.