Anheuser-Busch InBev SA/NV (BUD) Gross Margin (2015 - 2026)

Anheuser-Busch InBev (BUD) has reported Gross Margin for 12 consecutive years, with 57.49% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin rose 120.0% year-over-year to 57.49%; the trailing twelve-month figure through Jun 2026 stood at 57.08% (up 139.0% YoY), and the FY2025 full-year result was 55.93%, up 68.0% from the prior year.
• Gross Margin improved to 57.49% in Q2 2026 per BUD's latest filing, from 56.64% in the prior quarter.
• Across five years, Gross Margin topped out at 57.49% in Q2 2026 and bottomed at 53.57% in Q2 2023.
• Historically, Gross Margin has averaged 55.1% across 5 years, with a median of 55.06% in 2022.
• The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 399 bps in 2022, then jumped 230 bps in 2024.
• Over 5 years, Gross Margin stood at 54.17% in 2022, then dropped by 1 bps to 53.85% in 2023, then increased by 3 bps to 55.42% in 2024, then retreated by 0 bps to 55.37% in 2025, then grew by 4 bps to 57.49% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 57.49%, 56.64%, and 55.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.