Ambev (ABEV) Cost of Revenue (2012 - 2025)

Ambev's Cost of Revenue history runs 14 years deep, the most recent figure standing at $2.2 billion for Q4 2025.

• Quarterly Cost of Revenue rose 1.16% year-over-year to $2.2 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.7 billion (down 5.22% YoY) and the FY2025 annual result came in at $8.0 billion, down 2.32% from the prior year.
• Cost of Revenue was $2.2 billion for Q4 2025 at Ambev, up from $1.9 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.2 billion in Q4 2025 and bottomed at $1.5 billion in Q1 2021.
• A 5-year average of $1.9 billion and a median of $1.9 billion in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2021 — Cost of Revenue soared 38.32% — and 2023, when it slipped 10.02%.
• Ambev's Cost of Revenue stood at $1.9 billion in 2021, then rose by 10.97% to $2.1 billion in 2022, then dropped by 10.02% to $1.9 billion in 2023, then gained by 14.7% to $2.2 billion in 2024, then increased by 1.16% to $2.2 billion in 2025.
• Business Quant data shows ABEV's Cost of Revenue at $2.2 billion in Q4 2025, $1.9 billion in Q3 2025, and $1.8 billion in Q2 2025.