Anheuser-Busch InBev SA/NV (BUD) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Anheuser-Busch InBev SA/NV (BUD) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

BUD Income Statement

Anheuser-Busch InBev SA/NV (BUD) annual income statement — 24-year revenue, gross profit & net income history

Metric	Q2'26	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20	Q4'19	Q2'19	Q4'18	Q2'18	Q4'17	Q2'17	Q4'16

Sales/Revenue	31.93B	30.61B	30.01B	29.89B	29.88B	30.05B	29.33B	29.76B	28.03B	28.47B	25.83B	25.58B	21.3B	26.51B	25.82B	27.17B	27.11B	29.34B	27.1B	25.31B
Revenue Growth %	6.4%	2.41%	0.43%	-0.53%	1.86%	0.97%	4.66%	4.52%	8.5%	11.29%	21.29%	-3.49%	-17.52%	-2.43%	-4.74%	-7.41%	0.02%	15.92%	34.14%	14.53%
Cost of Goods Sold	13.7B	13.5B	13.12B	13.32B	13.42B	13.86B	13.54B	13.52B	12.79B	12.13B	10.96B	10.54B	9.1B	10.41B	9.95B	10.05B	10.2B	10.71B	10.67B	9.8B
COGS % of Revenue	42.92%	44.12%	43.71%	44.58%	44.91%	46.12%	46.15%	45.43%	45.62%	42.62%	42.44%	41.19%	42.71%	39.27%	38.54%	37.01%	37.62%	36.51%	39.38%	38.72%
Gross Profit	18.23B	17.1B	16.89B	16.56B	16.46B	16.19B	15.8B	16.24B	15.24B	16.34B	14.87B	15.05B	12.2B	16.1B	15.87B	17.11B	16.91B	18.63B	16.43B	15.51B
Gross Margin %	57.08%	55.88%	56.29%	55.42%	55.09%	53.88%	53.85%	54.57%	54.38%	57.38%	57.56%	58.81%	57.29%	60.73%	61.45%	62.99%	62.39%	63.49%	60.62%	61.28%
Gross Profit Growth %	7.89%	3.27%	2.62%	2.32%	4.2%	-0.31%	3.63%	-0.61%	2.52%	8.59%	21.87%	-6.53%	-23.11%	-5.93%	-6.17%	-8.14%	2.93%	20.1%	34.63%	13.85%
Operating Expenses	9.53B	9.3B	1.88B	8.62B	8.91B	8.67B	8.72B	8.57B	8.23B	9.28B	8.32B	10.53B	9.89B	8.02B	7.69B	8.58B	8.74B	9.33B	8.66B	8.54B
OpEx % of Revenue	29.86%	30.37%	6.26%	28.85%	29.83%	28.85%	29.74%	28.81%	29.38%	32.6%	32.2%	41.15%	46.46%	30.26%	29.78%	31.59%	32.23%	31.8%	31.94%	33.75%
Selling, General & Admin	6.5B	9.3B	17.62B	9.09B	9.25B	9.12B	9.05B	8.94B	8.62B	9B	8.57B	8.11B	7.26B	8.34B	8.08B	8.25B	8.81B	9.32B	8.78B	8.46B
SG&A % of Revenue	20.35%	30.37%	58.73%	30.42%	30.95%	30.35%	30.86%	30.04%	30.74%	31.62%	33.18%	31.71%	34.07%	31.47%	31.28%	30.37%	32.51%	31.77%	32.39%	33.42%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	0	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	-1000K	1000K	-1000K	1000K	-1000K	1000K
Operating Income	8.69B	7.81B	15.01B	7.94B	7.55B	7.52B	7.07B	7.66B	7.01B	7.06B	6.55B	4.52B	2.31B	8.08B	8.18B	8.53B	8.18B	9.3B	7.77B	6.97B
Operating Margin %	27.22%	25.51%	50.03%	26.57%	25.26%	25.02%	24.11%	25.75%	25.01%	24.78%	25.36%	17.66%	10.83%	30.47%	31.68%	31.4%	30.16%	31.69%	28.68%	27.53%
Operating Income Growth %	-42.11%	-1.67%	98.91%	5.61%	6.72%	-1.89%	0.9%	8.6%	6.99%	56.18%	184.09%	-44.06%	-71.81%	-5.3%	0.07%	-8.26%	5.17%	33.44%	33.81%	2.62%
EBITDA	11.45B	10.87B	16.82B	10.88B	10.13B	10.43B	9.56B	10.45B	9.29B	9.37B	8.83B	7.75B	-925M	10.43B	10.25B	5.81B	7.39B	9.1B	7.09B	5.64B
EBITDA Margin %	35.86%	35.52%	56.06%	36.41%	33.91%	34.7%	32.6%	35.13%	33.14%	32.9%	34.18%	30.3%	-4.34%	39.33%	39.7%	21.39%	27.25%	31.02%	26.18%	22.29%
EBITDA Growth %	-31.94%	-0.1%	66.04%	4.35%	5.95%	-0.25%	2.94%	11.58%	5.19%	20.86%	1054.66%	-25.65%	-109.02%	79.43%	38.78%	-36.17%	4.12%	61.35%	87.2%	-22.25%
D&A (Non-Cash Add-back)	2.76B	3.06B	1.81B	2.94B	2.58B	2.91B	2.49B	2.79B	2.28B	2.31B	2.28B	0	0	0	0	0	0	0	0	0
EBIT	11.23B	7.6B	7.92B	8.08B	6.67B	7.25B	5.91B	7.9B	5.78B	6.37B	6.49B	7.75B	-925M	10.43B	10.25B	5.81B	7.39B	9.1B	7.09B	5.64B
Net Interest Income	-74M	-1.98B	-3.35B	-2.59B	-1.28B	-2.17B	-2.02B	-2.17B	-2.14B	-2.14B	-2.14B	-3.46B	-969.76M	-3.32B	-3.43B	-3.29B	-3.3B	-3.5B	-3.68B	-3.49B
Interest Income	2.39B	270.29M	483.84M	331.42M	258.54M	340.46M	225.37M	210.37M	83.68M	54.85M	57.89M	52.4M	98.38M	257.56M	152.13M	177.78M	154.62M	174.28M	114M	307.6M
Interest Expense	2.46B	2.25B	3.84B	2.92B	1.54B	2.51B	2.24B	2.38B	2.22B	2.19B	2.2B	3.53B	1.2B	3.6B	3.61B	3.51B	3.51B	3.7B	3.82B	3.82B
Other Income/Expense	74M	-2.47B	-9.48B	-2.15B	-2.77B	-2.24B	-3.22B	-1.85B	-3.29B	-2.9B	-2.25B	813M	-5.56B	-3.27B	-211M	-5.17B	-3.15B	-2.79B	-3.21B	-4.3B
Pretax Income	8.77B	5.34B	5.53B	5.79B	4.78B	5.28B	3.85B	5.81B	3.72B	4.16B	4.3B	5.33B	-3.25B	4.81B	7.97B	3.36B	5.02B	6.51B	4.57B	2.67B
Pretax Margin %	27.45%	17.45%	18.42%	19.36%	16%	17.57%	13.12%	19.52%	13.27%	14.61%	16.67%	20.84%	-15.28%	18.13%	30.86%	12.36%	18.53%	22.19%	16.85%	10.54%
Income Tax	1.7B	1.44B	1.48B	1.61B	1.55B	1.04B	1.19B	683M	721M	1.12B	1.23B	1.44B	492M	1.22B	1.56B	1.36B	1.43B	927M	994M	779M
Effective Tax Rate %	19.44%	27.02%	26.77%	27.75%	32.33%	19.74%	30.97%	11.76%	19.39%	26.91%	28.59%	27.01%	-15.12%	25.42%	19.64%	40.47%	28.45%	14.24%	21.77%	29.19%
Net Income	6.31B	3.01B	3.35B	3.29B	2.56B	3.36B	1.98B	4.28B	1.69B	2.21B	2.46B	3.31B	-1.9B	3.12B	6.05B	1.42B	2.96B	5.09B	2.91B	956M
Net Margin %	19.78%	9.82%	11.17%	11.01%	8.58%	11.19%	6.74%	14.37%	6.04%	7.77%	9.52%	12.92%	-8.93%	11.76%	23.44%	5.21%	10.9%	17.34%	10.73%	3.78%
Net Income Growth %	88.37%	-8.69%	30.73%	-2.14%	29.63%	-21.37%	16.9%	93.27%	-31.16%	-33.04%	229.3%	6.07%	-131.4%	120.06%	104.87%	-72.17%	1.58%	432.22%	917.13%	-73.9%
Net Income (Continuing)	7.06B	3.9B	4.05B	4.18B	3.24B	4.24B	2.66B	5.13B	3B	3.04B	3.07B	3.89B	-3.75B	3.58B	6.41B	2B	3.59B	5.58B	3.57B	1.89B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	1000K	1000K	1000K	1000K	0	0	1000K	0
Minority Interest	7.68B	10.45B	10.74B	10.46B	10.72B	10.83B	11.32B	10.88B	11.2B	10.67B	10.96B	10.33B	8.28B	8.83B	7.9B	7.42B	7.05B	7.63B	10.77B	10.09B
EPS (Diluted)	3.19	1.52	1.68	1.64	1.27	1.67	0.98	2.12	1.23	1.29	1.23	1.65	-0.97	1.57	3.07	0.72	1.50	2.58	2.12	0.54
EPS Growth %	89.88%	-7.32%	32.28%	-1.8%	29.59%	-21.23%	-20.33%	64.34%	0%	-21.82%	226.8%	5.1%	-131.6%	118.06%	104.67%	-72.09%	-29.25%	377.78%	1225%	-75.78%
EPS (Basic)	3.19	1.52	1.68	1.64	1.27	1.67	0.98	2.12	1.23	1.29	1.23	1.65	-0.97	1.57	3.07	0.72	1.50	2.58	2.12	0.58
Diluted Shares Outstanding	1.98B	1.98B	1.99B	2B	2.04B	2.02B	2.02B	2.01B	2.01B	2.01B	2.01B	1.98B	1.97B	1.96B	1.98B	1.98B	1.97B	1.97B	1.97B	1.97B
Basic Shares Outstanding	1.98B	1.98B	1.99B	2.02B	2B	1.98B	2.02B	1.98B	2.01B	1.98B	2B	1.97B	1.97B	1.96B	1.98B	1.96B	1.97B	1.96B	1.97B	1.64B
Dividend Payout Ratio	41.16%	45.22%	94.64%	16.05%	83.41%	32.45%	97.38%	27.48%	75.12%	44.21%	56.12%	17.85%	-	83.93%	39.5%	185.88%	173.25%	94.78%	159.42%	441.95%