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| Date | Value |
|---|---|
| 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 |