United Breweries (CCU) Operating Expenses (2009 - 2026)
United Breweries (CCU) posted Operating Expenses of -$58.2 billion for Q1 2026, down 6.47% sequentially from -$54.7 billion in Q2 2025, and down 11.09% YoY from -$65.5 billion in Q1 2025.
United Breweries (CCU) Operating Expenses (2009 - 2026) Analysis & Trends
United Breweries has reported Operating Expenses for 18 years, with the latest figure at -$58.2 billion in Q1 2026.
- Quarterly Operating Expenses fell 11.09% year-over-year to -$58.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$165.4 billion (down 1966.26% YoY) and the FY2025 annual result came in at -$205.9 billion, down 233.83% from the prior year.
- Operating Expenses retreated to -$58.2 billion in Q1 2026 per CCU's latest filing, from -$54.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $44.9 billion in Q4 2024 and troughed at -$58.2 billion in Q1 2026.
- A 5-year average of -$897.3 million and a median of -$6.2 billion in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 436.9% in 2022, then plunged 612.2% in 2025.
- Over 5 years, Operating Expenses stood at $40.4 billion in 2022, then sank by 36.84% to $25.5 billion in 2023, then jumped by 75.97% to $44.9 billion in 2024, then sank by 221.83% to -$54.7 billion in 2025, then dropped by 6.47% to -$58.2 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$58.2 billion, -$54.7 billion, and -$52.4 billion for Q1 2026, Q2 2025, and Q1 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | -49.29 Bn |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 457.00 Mn |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 718.50 Mn |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 215.60 Mn |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | -749.91 Mn |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -58.25 Bn |
| Jun 30, 2025 | -54.71 Bn |
| Mar 31, 2025 | -52.43 Bn |
| Dec 31, 2024 | 44.91 Bn |
| Sep 30, 2024 | 36.80 Bn |
| Jun 30, 2024 | -20.41 Bn |
| Mar 31, 2024 | -7.36 Bn |
| Dec 31, 2023 | 25.52 Bn |
| Sep 30, 2023 | 35.27 Bn |
| Jun 30, 2023 | -18.30 Bn |
| Mar 31, 2023 | -1.20 Bn |
| Dec 31, 2022 | 40.40 Bn |
| Sep 30, 2022 | 34.08 Bn |
| Jun 30, 2022 | -11.55 Bn |
| Mar 31, 2022 | -6.22 Bn |
| Dec 31, 2021 | -11.99 Bn |
| Sep 30, 2021 | -78.99 Bn |
| Jun 30, 2021 | -67.21 Bn |
| Mar 31, 2021 | -32.46 Bn |
| Dec 31, 2020 | -12.40 Bn |