Growth Metrics

United Breweries (CCU) Operating Expenses (2009 - 2026)

United Breweries recorded quarterly Operating Expenses of -$58.2 billion in Q1 2026, down 6.47% quarter-over-quarter from -$54.7 billion in Q2 2025, and down 11.09% year-over-year from -$65.5 billion in Q1 2025.

United Breweries' Operating Expenses history runs 10 years deep, the most recent figure standing at -$58.2 billion for Q1 2026.

  • In Q1 2026, Operating Expenses fell 11.09% year-over-year to -$58.2 billion; the TTM figure through Mar 2026 stood at -$165.4 billion (down 51.56% YoY), while the FY2025 annual figure was -$205.9 billion, up 4.19% from the prior year.
  • Operating Expenses came in at -$58.2 billion for Q1 2026 at United Breweries, down from -$54.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$32.4 billion in Q1 2023 to a low of -$58.2 billion in Q1 2026.
  • A 5-year average of -$47.9 billion and a median of -$52.4 billion in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 32.01% in 2022 and sank 31.68% in 2024, its largest moves.
  • United Breweries' Operating Expenses stood at -$45.7 billion in 2022, then decreased by 14.85% to -$52.5 billion in 2023, then retreated by 8.03% to -$56.7 billion in 2024, then gained by 3.5% to -$54.7 billion in 2025, then slipped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn -58.25 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn -4,786.00
3 Mexican Economic Development 102.46 Bn 96.50 Bn - -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn 420.50 Mn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn -295.42 Mn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn 610.00 Mn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn 404.42 Mn

Historic Data

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DateValue
Mar 31, 2026 -58.25 Bn
Jun 30, 2025 -54.71 Bn
Mar 31, 2025 -52.43 Bn
Jun 30, 2024 -56.69 Bn
Mar 31, 2024 -42.61 Bn
Jun 30, 2023 -52.48 Bn
Mar 31, 2023 -32.36 Bn
Jun 30, 2022 -45.69 Bn
Mar 31, 2022 -35.45 Bn
Dec 31, 2021 -52.40 Bn
Sep 30, 2021 -108.99 Bn
Jun 30, 2021 -67.21 Bn
Mar 31, 2021 -32.46 Bn
Dec 31, 2020 -39.58 Bn
Sep 30, 2020 -32.08 Bn
Jun 30, 2013 -21.29 Bn
Jun 30, 2012 -19.60 Bn
Jun 30, 2009 -116.90 Mn
Mar 31, 2009 -1.24 Bn