Growth Metrics

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

Ambev posted quarterly Cost of Revenue of $2.2 billion for Q4 2025, up 1.16% year-on-year from $2.2 billion in Q4 2024, and up 17.36% on a QoQ basis from $1.9 billion in Q3 2025.

Ambev (ABEV) has 14 years of Cost of Revenue data on file, last reported at $2.2 billion in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 1.16% year-over-year to $2.2 billion; the trailing twelve-month figure through Dec 2025 stood at $7.7 billion (down 5.22% YoY), and the FY2025 full-year result was $8.0 billion, up 5.94% from the prior year.
  • Cost of Revenue for Q4 2025 stood at $2.2 billion, 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.
  • The 5-year median for Cost of Revenue is $1.9 billion (2024), against an average of $1.9 billion.
  • The widest annual swing landed in 2021, when Cost of Revenue soared 38.32%; it then fell 10.02% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $1.9 billion in 2021, then increased by 10.97% to $2.1 billion in 2022, then slipped by 10.02% to $1.9 billion in 2023, then rose by 14.7% to $2.2 billion in 2024, then grew by 1.16% to $2.2 billion in 2025.
  • The last three Cost of Revenue figures came in at $2.2 billion (Q4 2025), $1.9 billion (Q3 2025), and $1.8 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn 435.49 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn 6,943.00
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 968.50 Mn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn 2.18 Bn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 1.45 Bn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn 140.08 Mn

Historic Data

Download Data 🔒
DateValue
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 1,878,834.84 Bn
Dec 31, 2023 1,878,834.84 Bn
Sep 30, 2023 2.09 Bn
Sep 30, 2023 2.09 Bn
Jun 30, 2023 1.95 Bn
Jun 30, 2023 1.95 Bn
Mar 31, 2023 1.95 Bn
Mar 31, 2023 1.95 Bn
Dec 31, 2022 2.09 Bn
Dec 31, 2022 2.09 Bn
Sep 30, 2022 2.03 Bn
Sep 30, 2022 2.03 Bn
Jun 30, 2022 1.91 Bn
Jun 30, 2022 1.91 Bn
Mar 31, 2022 1.80 Bn
Mar 31, 2022 1.80 Bn
Dec 31, 2021 1.88 Bn
Dec 31, 2021 1.88 Bn
Sep 30, 2021 1.77 Bn
Sep 30, 2021 1.77 Bn
Jun 30, 2021 1.50 Bn
Jun 30, 2021 1.50 Bn
Mar 31, 2021 1.46 Bn
Mar 31, 2021 1.46 Bn
Dec 31, 2020 1.52 Bn
Dec 31, 2020 1.52 Bn
Sep 30, 2020 1.38 Bn
Sep 30, 2020 1.38 Bn
Jun 30, 2020 1.08 Bn
Jun 30, 2020 1.08 Bn
Mar 31, 2020 1.28 Bn
Mar 31, 2020 1.28 Bn
Dec 31, 2019 5,268.68 Bn
Dec 31, 2019 5,268.68 Bn
Sep 30, 2019 1.32 Bn
Sep 30, 2019 1.32 Bn
Jun 30, 2019 1.27 Bn
Jun 30, 2019 1.27 Bn
Mar 31, 2019 1.36 Bn
Mar 31, 2019 1.36 Bn
Dec 31, 2018 1.59 Bn
Dec 31, 2018 1.59 Bn
Sep 30, 2018 1.11 Bn
Sep 30, 2018 1.11 Bn
Jun 30, 2018 1.22 Bn
Jun 30, 2018 1.22 Bn
Mar 31, 2018 1.37 Bn
Mar 31, 2018 1.37 Bn
Dec 31, 2017 1.54 Bn
Dec 31, 2017 1.54 Bn
Sep 30, 2017 1.42 Bn
Sep 30, 2017 1.42 Bn
Jun 30, 2017 1.26 Bn
Jun 30, 2017 1.26 Bn
Mar 31, 2017 1.44 Bn
Mar 31, 2017 1.44 Bn
Dec 31, 2016 1.40 Bn
Dec 31, 2016 1.40 Bn
Sep 30, 2016 1.30 Bn
Sep 30, 2016 1.30 Bn
Jun 30, 2016 1.11 Bn
Jun 30, 2016 1.11 Bn
Mar 31, 2016 1.02 Bn
Mar 31, 2016 1.02 Bn
Dec 31, 2015 1.28 Bn
Dec 31, 2015 1.28 Bn
Sep 30, 2015 1.07 Bn
Sep 30, 2015 1.07 Bn
Jun 30, 2015 1.23 Bn
Jun 30, 2015 1.23 Bn
Mar 31, 2015 1.27 Bn
Mar 31, 2015 1.27 Bn
Dec 31, 2014 1.50 Bn
Dec 31, 2014 1.50 Bn
Sep 30, 2014 1.31 Bn
Sep 30, 2014 1.31 Bn
Jun 30, 2014 1.37 Bn
Jun 30, 2014 1.37 Bn
Mar 31, 2014 1.27 Bn
Mar 31, 2014 1.27 Bn
Dec 31, 2013 1.46 Bn
Dec 31, 2013 1.46 Bn
Sep 30, 2013 1.26 Bn
Sep 30, 2013 1.26 Bn
Jun 30, 2013 1.30 Bn
Jun 30, 2013 1.30 Bn
Mar 31, 2013 119.02 Bn
Mar 31, 2013 119.02 Bn
Dec 31, 2012 1.50 Bn
Dec 31, 2012 1.50 Bn
Sep 30, 2012 1.32 Bn
Sep 30, 2012 1.32 Bn
Jun 30, 2012 1.20 Bn
Jun 30, 2012 1.20 Bn