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

Ambev has reported Cost of Revenue for 14 years, with the latest figure 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.
• The five-year high for Cost of Revenue was $2.2 billion in Q4 2025, with the low at $1.5 billion in Q1 2021.
• Historically, Cost of Revenue has averaged $1.9 billion across 5 years, with a median of $1.9 billion in 2024.
• Annual changes were most pronounced in 2021 — Cost of Revenue soared 38.32% — and 2023, when it fell 10.02%.
• Ambev's Cost of Revenue stood at $1.9 billion in 2021, then grew by 10.97% to $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.
• 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.