Anheuser-Busch InBev SA/NV (BUD) Gross Margin (2015 - 2026)
Anheuser-Busch InBev's Gross Margin came in at 57.49% for Q2 2026, up 1.20 percentage points from 56.29% a year earlier and up 0.85 percentage points from the prior quarter.
Powered by 
Analysis
Anheuser-Busch InBev SA/NV (BUD) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Anheuser-Busch InBev reported Gross Margin of 57.08%, up 1.39 percentage points year-over-year; for FY2025, it came in at 55.93%, up 0.68 percentage points from FY2024.
- Gross Margin carries a five-year change of -2.19 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 55.25% in FY2024 (+1.39 pp), 53.86% in FY2023 (-0.62 pp), 54.48% in FY2022 (-2.99 pp) and 57.47% in FY2021 (-0.65 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2021.
- Year-over-year, Gross Margin increased in six of the last seven quarters, with an average year-over-year change of +0.93 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2024 (a gain of 2.30 percentage points), and the weakest in Q2 2022 (a drop of 3.69 percentage points).
- Business Quant data shows BUD's Gross Margin at 56.64% (Q1 2026), 55.37% (Q4 2025) and 56.41% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.49% |
| Mar 31, 2026 | 56.64% |
| Dec 31, 2025 | 55.37% |
| Sep 30, 2025 | 56.41% |
| Jun 30, 2025 | 56.29% |
| Mar 31, 2025 | 55.64% |
| Dec 31, 2024 | 55.42% |
| Sep 30, 2024 | 55.60% |
| Jun 30, 2024 | 55.87% |
| Mar 31, 2024 | 54.27% |
| Sep 30, 2023 | 53.87% |
| Jun 30, 2023 | 53.57% |
| Mar 31, 2023 | 54.15% |
| Sep 30, 2022 | 54.44% |
| Jun 30, 2022 | 54.06% |
| Mar 31, 2022 | 54.75% |
| Sep 30, 2021 | 57.61% |
| Jun 30, 2021 | 57.75% |
| Mar 31, 2021 | 57.35% |
| Sep 30, 2020 | 57.93% |
API Access
Anheuser-Busch InBev SA/NV Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BUD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BUD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BUD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();