Anheuser-Busch InBev SA/NV

ABI · Euronext Brussels · EUR

€64.88+0.50%+€0.32

Close · October 2, 2026

At a glance

Revenue growth: −0.75%; 2025 vs 2024
Net income growth: +16.77%; 2025 vs 2024
Net margin: 11.5%; 2024: 9.8%

Financial data

Amounts in millions of USD; per-share values in USD; 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	16,660	15,267	15,556	15,133	15,004	13,628	14,841	15,046	15,333	14,547	14,473	15,574
Cost of revenue	7,082	6,620	6,943	6,596	6,558	6,044	6,644	6,680	6,766	6,653	6,679	7,180
Gross profit	9,578	8,647	8,613	8,537	8,446	7,584	8,197	8,366	8,567	7,894	7,794	8,394
Selling, general and administrative	5,222	4,743	4,860	4,535	4,643	4,206	4,624	4,512	4,836	4,457	4,564	4,605
Operating income	4,555	4,074	3,881	4,205	3,994	3,570	3,725	4,069	3,882	3,620	3,347	4,006
EBIT	4,555	4,074	3,881	4,205	3,994	3,570	3,725	4,069	3,882	3,620	3,347	4,006
EBITDA	5,470	5,009	4,816	5,172	5,285	4,537	4,850	5,026	5,253	4,577	4,440	4,955
Interest expense	1,007	613	1,379	675	1,006	651	1,400	719	1,115	714	1,487	789
Pre-tax income	5,002	3,763	3,097	2,258	2,764	3,208	2,539	3,247	2,504	2,278	2,646	2,632
Income tax	918	786	720	726	740	664	848	758	752	794	376	666
Net income	3,751	2,563	1,959	1,054	1,676	2,148	1,220	2,071	1,473	1,091	1,891	1,472
Net income to common shareholders	3,751	2,563	1,959	1,054	1,676	2,148	1,220	2,071	1,473	1,091	1,891	1,472
Basic EPS	1.90	1.30	0.99	0.53	0.84	1.08	0.61	1.03	0.73	0.54	0.94	0.73
Diluted EPS	1.90	1.30	0.99	0.53	0.84	1.08	0.60	1.03	0.73	0.54	0.94	0.73
Average shares (basic)	1,976	1,978	1,984	1,986	1,989	1,994	2,003	2,004	2,005	2,015	2,016	2,016
Average shares (diluted)	1,976	1,978	1,984	1,986	1,989	1,994	2,003	2,004	2,005	2,015	2,016	2,016
Dividend per share	—	—	1.17	—	0.18	—	1.04	—	—	—	0.91	—