Ambev

ABEV3 · B3 · BRL

R$15.84+3.06%+R$0.47

Close · October 2, 2026

At a glance

Revenue growth: −1.35%; 2025 vs 2024
Net income growth: +7.38%; 2025 vs 2024
Net margin: 17.6%; 2024: 16.1%

Financial data

Amounts in millions of BRL; per-share values in BRL; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	20,149	22,464	24,808	20,847	20,090	22,497	27,035	22,097	20,044	20,276	19,989	20,318
Cost of revenue	9,700	10,882	11,752	10,120	10,046	10,946	12,524	10,973	10,060	10,059	9,301	10,223
Gross profit	10,448	11,583	13,055	10,727	10,044	11,552	14,512	11,124	9,984	10,217	10,688	10,095
Selling, general and administrative	6,393	6,265	6,716	5,862	6,207	6,463	7,716	6,415	6,542	5,934	5,756	5,684
Operating income	4,784	5,892	6,994	5,423	4,393	5,671	7,499	5,271	3,962	4,855	5,576	4,873
EBIT	4,784	5,892	6,994	5,423	4,393	5,671	7,499	5,271	3,962	4,855	5,576	4,873
EBITDA	6,315	7,177	7,818	7,022	6,096	7,384	8,438	7,002	5,682	6,488	6,156	6,545
Interest expense	540	535	572	488	505	506	529	487	262	550	524	631
Pre-tax income	4,339	4,931	5,932	5,214	3,420	4,856	6,911	4,670	3,432	4,475	4,727	4,060
Income tax	865	1,046	1,402	350	629	1,052	1,886	1,103	980	671	198	44.7
Net income	3,387	3,768	4,347	4,745	2,718	3,694	4,880	3,460	2,396	3,700	4,388	3,912
Net income to common shareholders	3,387	3,768	4,347	4,745	2,718	3,694	4,880	3,460	2,396	3,700	4,388	3,912
Basic EPS	0.22	0.24	0.28	0.30	0.17	0.24	0.31	0.22	0.15	0.23	0.28	0.25
Diluted EPS	0.22	0.24	0.28	0.30	0.17	0.23	0.31	0.22	0.15	0.23	0.28	0.25
Average shares (basic)	15,610	15,610	15,601	15,592	15,604	15,666	15,728	15,727	15,730	15,749	15,743	15,746
Average shares (diluted)	15,677	15,675	15,667	15,664	15,677	15,739	15,810	15,814	15,808	15,843	15,837	15,844
Dividend per share	—	—	0.27	0.46	0.13	0.26	0.67	—	—	—	0.73	—