United Breweries (CCU) Operating Expenses (2009 - 2026)
United Breweries' (CCU) quarterly Operating Expenses came in at -$8.3 billion in Q2 2026, up 52.95% year-over-year from -$5.4 billion in Q2 2025, and up 55.09% quarter-over-quarter from -$18.4 billion in Q1 2026.
Analysis
United Breweries (CCU) Operating Expenses (2009 - 2026) Analysis & Trends
United Breweries has disclosed Operating Expenses across 18 years of filings, most recently posting -$8.3 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 52.95% year-over-year to -$8.3 billion; the TTM figure through Jun 2026 stood at -$55.9 billion (up 29.03% YoY), while the FY2025 annual figure was -$59.6 billion, up 3.45% from the prior year.
- Operating Expenses came in at -$8.3 billion for Q2 2026 at United Breweries, up from -$18.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$1.2 billion in Q1 2023 to a low of -$27.5 billion in Q4 2024.
- Average Operating Expenses over 5 years is -$15.9 billion, with a median of -$17.9 billion recorded in 2023.
- Year-over-year, Operating Expenses jumped 80.63% in 2023 and plunged 511.26% in 2024.
- Over 5 years, Operating Expenses stood at -$14.7 billion in 2022, then slumped by 65.18% to -$24.3 billion in 2023, then dropped by 13.34% to -$27.5 billion in 2024, then advanced by 21.64% to -$21.6 billion in 2025, then surged by 61.7% to -$8.3 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$8.3 billion in Q2 2026, -$18.4 billion in Q1 2026, and -$21.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ambev | 46.93 Bn | 43.31 Bn | 2.06 Bn | -724.58 Mn |
| 2 | Constellation Brands | 21.00 Bn | 20.90 Bn | 1.32 Bn | 457.00 Mn |
| 3 | Molson Coors Beverage | 7.12 Bn | 4.99 Bn | 1.06 Bn | 718.50 Mn |
| 4 | United Breweries | 2.18 Bn | -370.84 Bn | 252.83 Bn | -8.26 Bn |
| 5 | Boston Beer | 1.69 Bn | 1.42 Bn | 286.37 Mn | 215.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.26 Bn |
| Mar 31, 2026 | -18.39 Bn |
| Dec 31, 2025 | -21.56 Bn |
| Sep 30, 2025 | -7.69 Bn |
| Jun 30, 2025 | -17.55 Bn |
| Mar 31, 2025 | -12.76 Bn |
| Dec 31, 2024 | -27.51 Bn |
| Sep 30, 2024 | -20.93 Bn |
| Jun 30, 2024 | -20.41 Bn |
| Mar 31, 2024 | -7.36 Bn |
| Dec 31, 2023 | -24.27 Bn |
| Sep 30, 2023 | -27.36 Bn |
| Jun 30, 2023 | -18.30 Bn |
| Mar 31, 2023 | -1.20 Bn |
| Dec 31, 2022 | -14.69 Bn |
| Sep 30, 2022 | -20.89 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 |