Beer Business was the largest of Anheuser-Busch InBev SA/NV’s 2 reported lines in fiscal 2025, at $53.05B — 89% of $59.32B.
| Segments [axis] | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Beer Business | $51.54B | $53.87B | $53.66B | $53.05B | |||||||
| North America | — | — | — | — | |||||||
| Middle America | — | — | — | — | |||||||
| South America | — | — | — | — | |||||||
| C- E- Carter | — | — | — | — | |||||||
| Latin America North | — | — | — | — | |||||||
| Emea | — | — | — | — | |||||||
| Asia Pacific | — | — | — | — | |||||||
| Non-Beer Business | $6.24B | $5.52B | $6.11B | $6.27B | |||||||
| Latin America West | — | — | — | — | |||||||
| Latin America South | — | — | — | — | |||||||
| Global Export & Holding Companies | — | — | — | — | |||||||
| Total | $57.79B | $59.38B | $59.77B | $59.32B |
In fiscal 2025, which ended December 31, 2025, the 2 segments Anheuser-Busch InBev SA/NV reported in this breakdown added up to $59.32B. That was down 0.8% from $59.77B in fiscal 2024. Beer Business was the largest segment, at $53.05B or 89.4% of the total, followed by Non-Beer Business ($6.27B, 10.6%).
Compared with fiscal 2024, Non-Beer Business grew the fastest, rising 2.5% to $6.27B. Beer Business fell the most, down 1.1% to $53.05B. Over fiscal 2022 to 2025, revenue across these segments went from $57.79B to $59.32B, a compound annual growth rate of 0.9%. Beer Business held a steady share of about 89.4%.
The table also keeps 10 segments that Anheuser-Busch InBev SA/NV no longer reports, so earlier years can still be read on their original basis; use "Show 10 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2015 to 2025, as reported in Anheuser-Busch InBev SA/NV's annual filings.
Non-Guarantors was the largest of Anheuser-Busch InBev SA/NV’s 3 reported lines in fiscal 2015, at $31.06B — 71% of $43.50B.
| Consolidated and separate financial statements [axis] | FY 2015 |
|---|---|
| Non-Guarantors | $31.06B |
| Subsidiary Guarantors | $14.10B |
| Eliminations | -$1.66B |
| Total | $43.50B |
In fiscal 2015, which ended December 31, 2015, the 3 revenue lines Anheuser-Busch InBev SA/NV reported in this breakdown added up to $43.50B. Non-Guarantors was the largest revenue line, at $31.06B or 71.4% of the total, followed by Subsidiary Guarantors ($14.10B, 32.4%).
Figures are shown as reported, so the total is net of Eliminations, which was -$1.66B in fiscal 2015. This breakdown covers every fiscal year from 2015 to 2015, as reported in Anheuser-Busch InBev SA/NV's annual filings.
Beer Business was the largest of Anheuser-Busch InBev SA/NV’s 2 reported lines in fiscal 2015, at $40.60B — 93% of $43.60B.
| Products and services [axis] | FY 2015 |
|---|---|
| Beer Business | $40.60B |
| Non Beer Business | $3.01B |
| Total | $43.60B |
In fiscal 2015, which ended December 31, 2015, the 2 revenue lines Anheuser-Busch InBev SA/NV reported in this breakdown added up to $43.60B. Beer Business was the largest revenue line, at $40.60B or 93.1% of the total, followed by Non Beer Business ($3.01B, 6.9%).
This breakdown covers every fiscal year from 2015 to 2015, as reported in Anheuser-Busch InBev SA/NV's annual filings.
Anheuser-Busch InBev SA/NV (BUD) breaks its revenue down by segment and revenue line. In fiscal 2025, its largest segment was Beer Business, with $53.05B or 89.4% of the total, followed by Non-Beer Business at $6.27B (10.6%).
Beer Business was Anheuser-Busch InBev SA/NV's largest segment in fiscal 2025, with $53.05B in revenue, 89.4% of the $59.32B reported across its 2 segments.
Non-Guarantors was Anheuser-Busch InBev SA/NV's largest revenue line in fiscal 2015, with $31.06B in revenue, 71.4% of the $43.50B reported across its 3 revenue lines.
Of the Anheuser-Busch InBev SA/NV segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Non-Beer Business grew the fastest, rising 2.5% from $6.11B to $6.27B.
Every figure is taken from Anheuser-Busch InBev SA/NV's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2015 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.