Anheuser-Busch InBev (BUD) Operating Income (2015 - 2025)

Anheuser-Busch InBev's Operating Income history runs 11 years deep, the most recent figure standing at $3.6 billion for Q4 2025.

• Quarterly Operating Income fell 11.09% year-over-year to $3.6 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $15.4 billion (down 0.53% YoY) and the FY2025 annual result came in at $15.4 billion, down 0.53% from the prior year.
• Operating Income was $3.6 billion for Q4 2025 at Anheuser-Busch InBev, down from $4.3 billion in the prior quarter.
• Across five years, Operating Income topped out at $4.3 billion in Q3 2025 and bottomed at $3.0 billion in Q1 2021.
• A 5-year average of $3.7 billion and a median of $3.6 billion in 2022 frame the typical range for Operating Income.
• Annual changes were most pronounced in 2021 — Operating Income soared 872.25% — and 2025, when it decreased 11.09%.
• Anheuser-Busch InBev's Operating Income stood at $3.3 billion in 2021, then climbed by 9.05% to $3.6 billion in 2022, then slipped by 8.33% to $3.3 billion in 2023, then gained by 23.1% to $4.1 billion in 2024, then declined by 11.09% to $3.6 billion in 2025.
• Business Quant data shows BUD's Operating Income at $3.6 billion in Q4 2025, $4.3 billion in Q3 2025, and $4.0 billion in Q2 2025.