Anheuser-Busch InBev (BUD) Net Income (2015 - 2025)
Anheuser-Busch InBev posted quarterly Net Income of $3.6 billion for Q4 2025, down 11.09% year-on-year from $4.1 billion in Q4 2024, and down 14.58% on a QoQ basis from $4.3 billion in Q3 2025.
Anheuser-Busch InBev (BUD) has 11 years of Net Income data on file, last reported at $3.6 billion in Q4 2025.
- For the quarter ending Q4 2025, Net Income fell 11.09% year-over-year to $3.6 billion; the trailing twelve-month figure through Dec 2025 stood at $14.0 billion (changed 0.43% YoY), and the FY2025 full-year result was $8.5 billion, up 14.32% from the prior year.
- Net Income for Q4 2025 stood at $3.6 billion, down from $4.3 billion in the prior quarter.
- Across five years, Net Income topped out at $5.9 billion in Q3 2021 and bottomed at $2.3 billion in Q2 2024.
- The 5-year median for Net Income is $4.1 billion (2023), against an average of $4.1 billion.
- The widest annual swing landed in 2021, when Net Income jumped 2112.8%; it then slumped 44.7% in 2024.
- A 5-year view of Net Income shows it stood at $5.7 billion in 2021, then plunged by 36.19% to $3.6 billion in 2022, then jumped by 53.48% to $5.6 billion in 2023, then decreased by 26.37% to $4.1 billion in 2024, then decreased by 11.09% to $3.6 billion in 2025.
- The last three Net Income figures came in at $3.6 billion (Q4 2025), $4.3 billion (Q3 2025), and $2.6 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 95.49 Bn |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 3.64 Bn |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 224.70 Mn |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | 1.36 Bn |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 150.10 Mn |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | -145.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 4.26 Bn |
| Jun 30, 2025 | 2.56 Bn |
| Mar 31, 2025 | 3.54 Bn |
| Dec 31, 2024 | 4.09 Bn |
| Sep 30, 2024 | 3.97 Bn |
| Jun 30, 2024 | 2.27 Bn |
| Mar 31, 2024 | 3.61 Bn |
| Dec 31, 2023 | 5.56 Bn |
| Sep 30, 2023 | 5.53 Bn |
| Jun 30, 2023 | 4.10 Bn |
| Mar 31, 2023 | 4.05 Bn |
| Dec 31, 2022 | 3.62 Bn |
| Sep 30, 2022 | 4.58 Bn |
| Jun 30, 2022 | 5.05 Bn |
| Mar 31, 2022 | 3.72 Bn |
| Dec 31, 2021 | 5.68 Bn |
| Sep 30, 2021 | 5.86 Bn |
| Jun 30, 2021 | 4.74 Bn |
| Mar 31, 2021 | 2.52 Bn |
| Dec 31, 2020 | 4.11 Bn |
| Sep 30, 2020 | -4.11 Bn |
| Jun 30, 2020 | 2.18 Bn |
| Mar 31, 2020 | -125.00 Mn |
| Dec 31, 2019 | -323.00 Mn |
| Sep 30, 2019 | 310.00 Mn |
| Jun 30, 2019 | 115.00 Mn |
| Mar 31, 2019 | 121.00 Mn |
| Dec 31, 2018 | -692.00 Mn |
| Sep 30, 2018 | 374.00 Mn |
| Jun 30, 2018 | 5.85 Bn |
| Mar 31, 2018 | 4.53 Bn |
| Dec 31, 2017 | 5.02 Bn |
| Sep 30, 2017 | 6.00 Bn |
| Jun 30, 2017 | 56.00 Mn |
| Mar 31, 2017 | -28.00 Mn |
| Sep 30, 2016 | 3.63 Bn |
| Jun 30, 2016 | 2.50 Bn |
| Mar 31, 2016 | 1.41 Bn |
| Dec 31, 2015 | 13.33 Bn |
| Sep 30, 2015 | 23.57 Bn |