Anheuser-Busch InBev SA/NV (BUD)
Anheuser-Busch InBev SA/NV reported revenue of 59.3B USD for the year ending 31 December 2025, down 0.7% from 59.8B a year earlier.
Every figure below is the company's own, as filed. Nothing is estimated and
nothing is smoothed — a period the filing does not support is left blank rather than
filled in.
Quarters are the company's own, counted from its financial
year ending 12-31.
Amounts in USD.
The same series drawn ›
As last reported
The newest period the filing supports for each figure, in USD.
| Figure | Period | Amount | Year on year |
|---|
| Revenue |
2025 · ending 31 December 2025 |
59.3B |
-0.7% |
| Gross Profit |
2025 · ending 31 December 2025 |
33.2B |
+0.5% |
| Operating Income |
2025 · ending 31 December 2025 |
15.4B |
-0.5% |
| Net Income |
2025 · ending 31 December 2025 |
8.5B |
+14.3% |
| Cost of Revenue |
2025 · ending 31 December 2025 |
26.1B |
-2.3% |
| Operating Cash Flow |
2025 · ending 31 December 2025 |
14.9B |
-1.1% |
| Free Cash Flow |
2025 · ending 31 December 2025 |
11.2B |
+0.3% |
| EPS |
2025 · ending 31 December 2025 |
3.39 |
+18.5% |
Revenue and profit by financial year
As filed, in USD. A year the filing does not support is not listed.
| Year | Ending |
Revenue | Operating Income | Net Income | Free Cash Flow |
|---|
| 2025 | 2025-12-31 |
59.3B | 15.4B | 8.5B | 11.2B |
|---|
| 2024 | 2024-12-31 |
59.8B | 15.5B | 7.4B | 11.2B |
|---|
| 2023 | 2023-12-31 |
59.4B | 14B | 6.9B | 8.6B |
|---|
| 2022 | 2022-12-31 |
57.8B | 14.5B | 7.6B | 8.1B |
|---|
| 2021 | 2021-12-31 |
54.3B | 13.8B | 6.1B | 9.2B |
|---|
| 2020 | 2020-12-31 |
46.9B | 9.6B | 2.2B | 7.1B |
|---|
| 2019 | 2019-12-31 |
52.3B | 16.1B | 10.4B | 8.9B |
|---|
| 2018 | 2018-12-31 |
53B | 16.4B | 5.7B | 10.1B |
|---|
| 2017 | 2017-12-31 |
54.9B | 16.5B | 9.2B | 10.2B |
|---|
| 2016 | 2016-12-31 |
45.5B | 12.9B | 2.8B | 5.1B |
|---|
Every period
Revenue Annual
| Period | Ending | Revenue |
|---|
| FY25 | 2025-12-31 | 59.3B |
|---|
| FY24 | 2024-12-31 | 59.8B |
|---|
| FY23 | 2023-12-31 | 59.4B |
|---|
| FY22 | 2022-12-31 | 57.8B |
|---|
| FY21 | 2021-12-31 | 54.3B |
|---|
Gross Profit Annual
| Period | Ending | Gross Profit |
|---|
| FY25 | 2025-12-31 | 33.2B |
|---|
| FY24 | 2024-12-31 | 33B |
|---|
| FY23 | 2023-12-31 | 32B |
|---|
| FY22 | 2022-12-31 | 31.5B |
|---|
| FY21 | 2021-12-31 | 31.2B |
|---|
Operating Income Annual
| Period | Ending | Operating Income |
|---|
| FY25 | 2025-12-31 | 15.4B |
|---|
| FY24 | 2024-12-31 | 15.5B |
|---|
| FY23 | 2023-12-31 | 14B |
|---|
| FY22 | 2022-12-31 | 14.5B |
|---|
| FY21 | 2021-12-31 | 13.8B |
|---|
Net Income Annual
| Period | Ending | Net Income |
|---|
| FY25 | 2025-12-31 | 8.5B |
|---|
| FY24 | 2024-12-31 | 7.4B |
|---|
| FY23 | 2023-12-31 | 6.9B |
|---|
| FY22 | 2022-12-31 | 7.6B |
|---|
| FY21 | 2021-12-31 | 6.1B |
|---|
Cost of Revenue Annual
| Period | Ending | Cost of Revenue |
|---|
| FY25 | 2025-12-31 | 26.1B |
|---|
| FY24 | 2024-12-31 | 26.7B |
|---|
| FY23 | 2023-12-31 | 27.4B |
|---|
| FY22 | 2022-12-31 | 26.3B |
|---|
| FY21 | 2021-12-31 | 23.1B |
|---|
Operating Cash Flow Annual
| Period | Ending | Operating Cash Flow |
|---|
| FY25 | 2025-12-31 | 14.9B |
|---|
| FY24 | 2024-12-31 | 15.1B |
|---|
| FY23 | 2023-12-31 | 13.3B |
|---|
| FY22 | 2022-12-31 | 13.3B |
|---|
| FY21 | 2021-12-31 | 14.8B |
|---|
Free Cash Flow Annual
Operating cash flow minus capital expenditure.
| Period | Ending | Free Cash Flow |
|---|
| FY25 | 2025-12-31 | 11.2B |
|---|
| FY24 | 2024-12-31 | 11.2B |
|---|
| FY23 | 2023-12-31 | 8.6B |
|---|
| FY22 | 2022-12-31 | 8.1B |
|---|
| FY21 | 2021-12-31 | 9.2B |
|---|
EPS Annual
The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.
| Period | Ending | EPS |
|---|
| FY25 | 2025-12-31 | 3.39 |
|---|
| FY24 | 2024-12-31 | 2.86 |
|---|
| FY23 | 2023-12-31 | 2.60 |
|---|
| FY22 | 2022-12-31 | 2.91 |
|---|
| FY21 | 2021-12-31 | 2.28 |
|---|