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

Anheuser-Busch InBev has reported Operating Income for 11 years, with the latest figure at $3.6 billion in Q4 2025.

• For the quarter ending Q4 2025, Operating Income fell 11.09% year-over-year to $3.6 billion; the trailing twelve-month figure through Dec 2025 stood at $15.4 billion (down 0.53% YoY), and the FY2025 full-year result was $15.4 billion, down 0.53% from the prior year.
• Operating Income for Q4 2025 stood at $3.6 billion, down from $4.3 billion in the prior quarter.
• The five-year high for Operating Income was $4.3 billion in Q3 2025, with the low at $3.0 billion in Q1 2021.
• Historically, Operating Income has averaged $3.7 billion across 5 years, with a median of $3.6 billion in 2022.
• Annual changes were most pronounced in 2021 — Operating Income soared 872.25% — and 2025, when it declined 11.09%.
• Anheuser-Busch InBev's Operating Income stood at $3.3 billion in 2021, then gained by 9.05% to $3.6 billion in 2022, then retreated by 8.33% to $3.3 billion in 2023, then increased by 23.1% to $4.1 billion in 2024, then slipped by 11.09% to $3.6 billion in 2025.
• The last three Operating Income figures came in at $3.6 billion (Q4 2025), $4.3 billion (Q3 2025), and $4.0 billion (Q2 2025), per Business Quant data.