Ambev ABEV
NYSE ABEV
$3.01 -0.03 (-0.99%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ambev (ABEV) Operating Expenses (2012 - 2026)

Ambev's (ABEV) quarterly Operating Expenses came in at -$724.6 million in Q2 2026, down 13.97% on a YoY basis from -$842.2 million in Q2 2025, and down 10.14% quarter-over-quarter from -$657.9 million in Q1 2026.

Analysis

Ambev (ABEV) Operating Expenses (2012 - 2026) Analysis & Trends

Ambev (ABEV) has reported Operating Expenses for 15 consecutive years, with -$724.6 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 13.97% year-over-year to -$724.6 million; the trailing twelve-month figure through Jun 2026 stood at -$2.7 billion (down 1.62% YoY), and the FY2025 full-year result was -$1.5 billion, up 40.36% from the prior year.
  • Operating Expenses eased to -$724.6 million in Q2 2026 per ABEV's latest filing, from -$657.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at -$251.6 million in Q1 2023 and bottomed at -$756.8 million in Q4 2024.
  • Historically, Operating Expenses has averaged -$629.4 million across 5 years, with a median of -$645.2 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 68.83% in 2022, then tumbled 158.57% in 2024.
  • Over 5 years, Operating Expenses stood at -$665.7 million in 2022, then rose by 3.38% to -$643.2 million in 2023, then decreased by 17.66% to -$756.8 million in 2024, then gained by 7.41% to -$700.8 million in 2025, then retreated by 3.4% to -$724.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$724.6 million, -$657.9 million, and -$700.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ambev 47.60 Bn 44.09 Bn 2.06 Bn -724.58 Mn
2 Constellation Brands 21.89 Bn 21.79 Bn 1.32 Bn 457.00 Mn
3 Molson Coors Beverage 8.77 Bn 6.83 Bn 1.06 Bn 718.50 Mn
4 United Breweries 2.20 Bn -245.21 Bn 252.83 Bn -8.26 Bn
5 Boston Beer 1.75 Bn 1.49 Bn 286.37 Mn 215.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -724.58 Mn
Mar 31, 2026 -657.87 Mn
Dec 31, 2025 -700.76 Mn
Sep 30, 2025 -601.06 Mn
Jun 30, 2025 -635.76 Mn
Mar 31, 2025 -607.32 Mn
Dec 31, 2024 -756.81 Mn
Sep 30, 2024 -641.64 Mn
Jun 30, 2024 -704.32 Mn
Mar 31, 2024 -650.54 Mn
Dec 31, 2023 -643.24 Mn
Sep 30, 2023 -624.79 Mn
Jun 30, 2023 -687.75 Mn
Mar 31, 2023 -251.60 Mn
Dec 31, 2022 -665.74 Mn
Sep 30, 2022 -612.86 Mn
Jun 30, 2022 -647.11 Mn
Mar 31, 2022 -514.79 Mn
Dec 31, 2021 -2.14 Bn
Sep 30, 2021 -547.94 Mn