Anheuser-Busch InBev SA/NV (BUD) Operating Income (2015 - 2026)
Anheuser-Busch InBev's Operating Income came in at $4.56 billion for Q2 2026, up 15.0% from $3.97 billion a year earlier and up 10.5% from the prior quarter.
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Analysis
Anheuser-Busch InBev SA/NV (BUD) Operating Income (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Anheuser-Busch InBev reported Operating Income of $16.59 billion, up 6.6% year-over-year; for FY2025, it came in at $15.41 billion, down 0.5% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- Going back by year, Operating Income was $15.49 billion in FY2024 (+10.9%), $13.97 billion in FY2023 (-3.8%), $14.52 billion in FY2022 (+5.0%) and $13.82 billion in FY2021 (+43.7%).
- The Q2 2026 figure represents the highest quarterly Operating Income since Q2 2016.
- Year-over-year, Operating Income increased in six of the last eight quarters, with growth averaging 7.6%.
- The fastest year-over-year change in Operating Income over five years came in Q4 2024 (growth of 23.1%), and the weakest in Q4 2025 (a decline of 11.1%).
- Business Quant data shows BUD's Operating Income at $4.13 billion (Q1 2026), $3.64 billion (Q4 2025) and $4.26 billion (Q3 2025) in the three quarters before Q2 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.56 Bn |
| Mar 31, 2026 | 4.13 Bn |
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 4.26 Bn |
| Jun 30, 2025 | 3.97 Bn |
| Mar 31, 2025 | 3.54 Bn |
| Dec 31, 2024 | 4.09 Bn |
| Sep 30, 2024 | 3.97 Bn |
| Jun 30, 2024 | 3.82 Bn |
| Mar 31, 2024 | 3.61 Bn |
| Dec 31, 2023 | 3.33 Bn |
| Sep 30, 2023 | 3.68 Bn |
| Jun 30, 2023 | 3.51 Bn |
| Mar 31, 2023 | 3.46 Bn |
| Dec 31, 2022 | 3.63 Bn |
| Sep 30, 2022 | 3.89 Bn |
| Jun 30, 2022 | 3.80 Bn |
| Mar 31, 2022 | 3.20 Bn |
| Dec 31, 2021 | 3.33 Bn |
| Sep 30, 2021 | 3.95 Bn |
API Access
Anheuser-Busch InBev SA/NV Operating Income 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=operating-income&ticker=BUD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=BUD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();