Ambev (ABEV) Research & Development (2012 - 2025)

Ambev (ABEV) posted Research & Development of -$405.3 million for Q4 2025, down 15.03% on a QoQ basis from -$352.4 million in Q3 2025, and up 6.17% year-over-year from -$381.8 million in Q4 2024.

Ambev (ABEV) Research & Development (2012 - 2025) Analysis & Trends

Ambev's Research & Development history runs 14 years deep, the most recent figure standing at -$405.3 million for Q4 2025.

  • Quarterly Research & Development rose 6.17% year-over-year to -$405.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$383819.0 billion (down 23927864.32% YoY) and the FY2016 annual result came in at -$927.7 million, up 43.26% from the prior year.
  • Research & Development was -$405.3 million for Q4 2025 at Ambev, down from -$352.4 million in the prior quarter.
  • Across five years, Research & Development topped out at -$193101.4 in Q1 2025 and bottomed at -$422094.6 billion in Q2 2023.
  • A 5-year average of -$49089.2 billion and a median of -$373.4 million in 2024 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development plunged 110250464.01% — and 2024, when it surged 100.0%.
  • Ambev's Research & Development stood at -$394.5 million in 2021, then grew by 1.32% to -$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.
  • Business Quant data shows ABEV's Research & Development at -$405.3 million in Q4 2025, -$352.4 million in Q3 2025, and -$383818.3 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 United Breweries 4,371.22 Bn 3,729.99 Bn 387.52 Bn -
2 Mexican Economic Development 1,210.08 Bn 1,203.93 Bn - -
3 Anheuser-Busch InBev 165.25 Bn 153.03 Bn 8.61 Bn -
4 Ambev 49.27 Bn 45.50 Bn 2.42 Bn -405.34 Mn
5 Constellation Brands 23.19 Bn 23.10 Bn 1.32 Bn -
6 Molson Coors Beverage 8.13 Bn 7.75 Bn 897.20 Mn -
7 Boston Beer 1.96 Bn 1.70 Bn 286.37 Mn 185.88 Mn
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -405.34 Mn
Sep 30, 2025 -352.37 Mn
Jun 30, 2025 -383,818.26 Bn
Mar 31, 2025 -193,101.41
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 -422,094.62 Bn
Mar 31, 2023 -175,864.95 Bn
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 -394.53 Mn
Sep 30, 2021 -333.90 Mn
Jun 30, 2021 -310.51 Mn
Mar 31, 2021 -264.73 Mn