Ambev (ABEV) Gross Margin (2012 - 2025)

Ambev's Gross Margin history runs 14 years deep, the most recent figure standing at 52.63% for Q4 2025.

• Quarterly Gross Margin fell 105.0% year-over-year to 52.63% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 51.44% (up 28.0% YoY) and the FY2025 annual result came in at 51.42%, up 18.0% from the prior year.
• Gross Margin was 52.63% for Q4 2025 at Ambev, up from 51.46% in the prior quarter.
• Across five years, Gross Margin topped out at 53.68% in Q4 2024 and bottomed at 47.89% in Q2 2022.
• A 5-year average of 50.65% and a median of 50.37% in 2024 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2021 — Gross Margin sank 351 bps — and 2023, when it surged 188 bps.
• Ambev's Gross Margin stood at 52.31% in 2021, then slipped by 1 bps to 51.59% in 2022, then grew by 4 bps to 53.47% in 2023, then grew by 0 bps to 53.68% in 2024, then slipped by 2 bps to 52.63% in 2025.
• Business Quant data shows ABEV's Gross Margin at 52.63% in Q4 2025, 51.46% in Q3 2025, and 49.99% in Q2 2025.