Boston Beer (SAM) Research & Development (2010 - 2026)
Boston Beer's (SAM) quarterly Research & Development came in at $185.9 million in Q2 2026, up 16.38% YoY from $159.7 million in Q2 2025, and up 32.7% on a QoQ basis from $140.1 million in Q1 2026.
Boston Beer (SAM) Research & Development (2010 - 2026) Analysis & Trends
Boston Beer (SAM) has 17 years of Research & Development data on file, last reported at $185.9 million in Q2 2026.
- Quarterly Research & Development rose 16.38% year-over-year to $185.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $638.7 million (up 9.21% YoY) and the FY2025 annual result came in at $610.0 million, up 10.49% from the prior year.
- Research & Development grew to $185.9 million in Q2 2026, from $140.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $185.9 million in Q2 2026 to a low of $120.3 million in Q1 2024.
- A 5-year average of $145.7 million and a median of $146.1 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development dropped 7.85% — and 2026, when it increased 16.38%.
- Tracing SAM's Research & Development over 5 years: stood at $139.2 million in 2022, then slipped by 7.58% to $128.6 million in 2023, then rose by 8.49% to $139.5 million in 2024, then gained by 6.03% to $148.0 million in 2025, then climbed by 25.62% to $185.9 million in 2026.
- The last three Research & Development figures came in at $185.9 million (Q2 2026), $140.1 million (Q1 2026), and $148.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | - |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | - |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | - |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 185.88 Mn |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | -461.42 Mn |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 185.88 Mn |
| Mar 28, 2026 | 140.08 Mn |
| Dec 27, 2025 | 147.97 Mn |
| Sep 27, 2025 | 164.74 Mn |
| Jun 28, 2025 | 159.71 Mn |
| Mar 29, 2025 | 137.54 Mn |
| Dec 28, 2024 | 139.55 Mn |
| Sep 28, 2024 | 147.99 Mn |
| Jun 29, 2024 | 144.22 Mn |
| Mar 30, 2024 | 120.28 Mn |
| Dec 30, 2023 | 128.63 Mn |
| Sep 30, 2023 | 152.58 Mn |
| Jul 1, 2023 | 149.36 Mn |
| Apr 1, 2023 | 125.43 Mn |
| Dec 31, 2022 | 139.19 Mn |
| Sep 24, 2022 | 153.72 Mn |
| Jun 25, 2022 | 154.88 Mn |
| Mar 26, 2022 | 130.62 Mn |
| Dec 25, 2021 | 137.70 Mn |
| Sep 25, 2021 | 166.82 Mn |