Anheuser-Busch InBev (BUD) Net Income (2015 - 2025)
Anheuser-Busch InBev's (BUD) quarterly Net Income came in at $3.6 billion in Q4 2025, up 454.73% YoY from $656.0 million in Q4 2024, and down 14.58% on a QoQ basis from $4.3 billion in Q3 2025.
Anheuser-Busch InBev (BUD) Net Income (2015 - 2025) Analysis & Trends
Anheuser-Busch InBev (BUD) has 11 years of Net Income data on file, last reported at $3.6 billion in Q4 2025.
- Quarterly Net Income rose 454.73% year-over-year to $3.6 billion in Q4 2025, while the trailing twelve-month figure through Jun 2026 was $13.3 billion (down 1.93% YoY) and the FY2025 annual result came in at $8.5 billion, up 14.32% from the prior year.
- Net Income eased to $3.6 billion in Q4 2025, from $4.3 billion in the prior quarter.
- In the past five years, Net Income ranged from a high of $5.9 billion in Q3 2021 to a low of $34.0 million in Q4 2022.
- A 5-year average of $3.9 billion and a median of $4.1 billion in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income tumbled 98.3% — and 2023, when it jumped 16250.0%.
- Tracing BUD's Net Income over 5 years: stood at $2.0 billion in 2021, then plunged by 98.3% to $34.0 million in 2022, then jumped by 16250.0% to $5.6 billion in 2023, then slumped by 88.2% to $656.0 million in 2024, then surged by 454.73% 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 $5.4 billion (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,265.05 Bn | 1,892.03 Bn | 252.83 Bn | -22.44 Bn |
| 2 | Constellation Brands | 23.34 Bn | 23.25 Bn | 1.32 Bn | 671.90 Mn |
| 3 | Molson Coors Beverage | 8.05 Bn | 5.92 Bn | 1.06 Bn | 221.60 Mn |
| 4 | Boston Beer | 1.93 Bn | 1.66 Bn | 286.37 Mn | 51.57 Mn |
| 5 | Ambev | 631,399.97 | -3.50 Bn | 2.29 Bn | 767.70 Mn |
| 6 | Anheuser-Busch InBev | 159,376.06 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 4.26 Bn |
| Jun 30, 2025 | 5.37 Bn |
| Mar 31, 2025 | 3.54 Bn |
| Dec 31, 2024 | 656.00 Mn |
| Sep 30, 2024 | 3.97 Bn |
| Jun 30, 2024 | 5.36 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 | 34.00 Mn |
| Sep 30, 2022 | 4.58 Bn |
| Jun 30, 2022 | 5.05 Bn |
| Mar 31, 2022 | 2.67 Bn |
| Dec 31, 2021 | 2.00 Bn |
| Sep 30, 2021 | 5.86 Bn |
| Jun 30, 2021 | 4.74 Bn |
| Mar 31, 2021 | 2.52 Bn |