Ambev (ABEV) Research & Development (2012 - 2026)
Ambev's (ABEV) quarterly Research & Development came in at -$461.4 million in Q2 2026, down 20.22% on a YoY basis from -$578.4 million in Q2 2025, and down 21.29% quarter-over-quarter from -$380.4 million in Q1 2026.
Analysis
Ambev (ABEV) Research & Development (2012 - 2026) Analysis & Trends
Ambev (ABEV) has reported Research & Development for 15 consecutive years, with -$461.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 20.22% year-over-year to -$461.4 million; the trailing twelve-month figure through Jun 2026 stood at -$1.6 billion (down 4.22% YoY), and the FY2025 full-year result was -$405.3 million, up 72.72% from the prior year.
- Research & Development retreated to -$461.4 million in Q2 2026 per ABEV's latest filing, from -$380.4 million in the prior quarter.
- Across five years, Research & Development topped out at -$175864.9 in Q1 2023 and bottomed at -$461.4 million in Q2 2026.
- Historically, Research & Development has averaged -$362.0 million across 5 years, with a median of -$380.8 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development soared 99.94% in 2023, then plunged 216600.25% in 2024.
- Over 5 years, Research & Development stood at -$389.3 million in 2022, then increased by 6.4% to -$364.4 million in 2023, then decreased by 18.55% to -$432.0 million in 2024, then gained by 6.17% to -$405.3 million in 2025, then decreased by 13.84% to -$461.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered -$461.4 million, -$380.4 million, and -$405.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ambev | 47.60 Bn | 44.09 Bn | 2.06 Bn | -461.42 Mn |
| 2 | Constellation Brands | 21.89 Bn | 21.79 Bn | 1.32 Bn | - |
| 3 | Molson Coors Beverage | 8.77 Bn | 6.83 Bn | 1.06 Bn | - |
| 4 | United Breweries | 2.20 Bn | -245.21 Bn | 252.83 Bn | - |
| 5 | Boston Beer | 1.75 Bn | 1.49 Bn | 286.37 Mn | 185.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -461.42 Mn |
| Mar 31, 2026 | -380.43 Mn |
| Dec 31, 2025 | -405.34 Mn |
| Sep 30, 2025 | -352.37 Mn |
| Jun 30, 2025 | -383.82 Mn |
| Mar 31, 2025 | -353.24 Mn |
| Dec 31, 2024 | -431.99 Mn |
| Sep 30, 2024 | -365.73 Mn |
| Jun 30, 2024 | -425.25 Mn |
| Mar 31, 2024 | -381.10 Mn |
| Dec 31, 2023 | -364.38 Mn |
| Sep 30, 2023 | -364.13 Mn |
| Jun 30, 2023 | -422.09 Mn |
| Mar 31, 2023 | -175,864.95 |
| Dec 31, 2022 | -389.32 Mn |
| Sep 30, 2022 | -361.98 Mn |
| Jun 30, 2022 | -382.85 Mn |
| Mar 31, 2022 | -290.26 Mn |
| Dec 31, 2021 | -1.26 Bn |
| Sep 30, 2021 | -333.90 Mn |