Ambev (ABEV) Cost of Revenue (2011 - 2026)
Ambev's (ABEV) quarterly Cost of Revenue came in at $2.1 billion in Q2 2026, up 21.16% YoY from $1.8 billion in Q2 2025, and down 1.37% on a QoQ basis from $2.2 billion in Q4 2025.
Ambev (ABEV) Cost of Revenue (2011 - 2026) Analysis & Trends
Ambev (ABEV) has 16 years of Cost of Revenue data on file, last reported at $2.1 billion in Q2 2026.
- Quarterly Cost of Revenue rose 21.16% year-over-year to $2.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $8.0 billion (up 2.39% YoY) and the FY2025 annual result came in at $8.0 billion, down 2.32% from the prior year.
- Cost of Revenue retreated to $2.1 billion in Q2 2026, from $2.2 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.2 billion in Q4 2025 to a low of $1.8 billion in Q2 2025.
- A 5-year average of $2.0 billion and a median of $2.0 billion in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue rose 27.49% — and 2023, when it fell 10.02%.
- Tracing ABEV's Cost of Revenue over 5 years: stood at $2.1 billion in 2022, then decreased by 10.02% to $1.9 billion in 2023, then increased by 14.7% to $2.2 billion in 2024, then climbed by 1.16% to $2.2 billion in 2025, then slipped by 1.37% to $2.1 billion in 2026.
- The last three Cost of Revenue figures came in at $2.1 billion (Q2 2026), $2.2 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,275.21 Bn | 1,902.19 Bn | 252.83 Bn | 354.97 Bn |
| 2 | Constellation Brands | 23.31 Bn | 23.22 Bn | 1.32 Bn | 1.11 Bn |
| 3 | Molson Coors Beverage | 8.04 Bn | 5.91 Bn | 1.06 Bn | 2.03 Bn |
| 4 | Boston Beer | 1.93 Bn | 1.66 Bn | 286.37 Mn | 281.97 Mn |
| 5 | Ambev | 629,199.98 | -3.50 Bn | 2.29 Bn | 2.15 Bn |
| 6 | Anheuser-Busch InBev | 159,507.43 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.15 Bn |
| Jun 30, 2026 | 2.15 Bn |
| Dec 31, 2025 | 2.18 Bn |
| Dec 31, 2025 | 2.18 Bn |
| Sep 30, 2025 | 1.86 Bn |
| Sep 30, 2025 | 1.86 Bn |
| Jun 30, 2025 | 1.77 Bn |
| Jun 30, 2025 | 1.77 Bn |
| Mar 31, 2025 | 1.87 Bn |
| Mar 31, 2025 | 1.87 Bn |
| Dec 31, 2024 | 2.15 Bn |
| Dec 31, 2024 | 2.15 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Dec 31, 2023 | 1.88 Bn |