Anheuser-Busch Inbev SA Sponsored Financial Statements
NYSE: BUDConsumer StaplesBeverages (Production/Distribution)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Anheuser-Busch Inbev SA Sponsored revenue and earnings
In fiscal 2025, Anheuser-Busch Inbev SA Sponsored generated $59.32 billion in revenue, down 0.7% from fiscal 2024, its first annual decline since 2020. Net income was $6.84 billion (+16.8% year over year), for a net margin of 11.5% versus a median of 9.0% in the prior 5 years. Gross margin was 55.9% (up from 55.3%) and operating margin 26.0%.
Diluted earnings per share came in at $3.39, up from $2.86. Over the last 5 fiscal years, BUD's revenue has grown at a 4.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Anheuser-Busch Inbev SA Sponsored income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 59.32B | 59.77B | 59.38B | 57.79B | 54.30B | 46.88B | 52.33B | 53.04B | 54.86B | 45.52B |
| Revenue growth (YoY) | -0.75% | +0.65% | +2.76% | +6.41% | +15.83% | -10.41% | -1.34% | -3.31% | +20.52% | +5.70% |
| Cost of Revenue | 26.14B | 26.74B | 27.40B | 26.30B | 23.10B | 19.63B | 20.36B | 19.93B | 20.98B | 17.80B |
| Gross Profit | 33.18B | 33.02B | 31.98B | 31.48B | 31.21B | 27.25B | 31.97B | 33.11B | 33.88B | 27.71B |
| Operating Expenses | 17.77B | 17.54B | 18.02B | 16.96B | 17.38B | 17.63B | 15.87B | 16.69B | 17.42B | 14.83B |
| Research & Development | — | — | — | — | 298.00M | 296.00M | 291.00M | 276.00M | 265.00M | 244.00M |
| Operating Income | 15.40B | 15.49B | 13.97B | 14.52B | 13.82B | 9.62B | 16.10B | 16.41B | 16.46B | 12.88B |
| Interest Expense | 5.15B | 6.38B | 6.13B | 5.81B | 6.04B | 8.42B | 5.99B | 9.26B | 7.01B | 9.38B |
| Pretax Income | 11.33B | 10.57B | 9.12B | 9.52B | 8.46B | 2.08B | 12.78B | 7.74B | 10.26B | 4.33B |
| Income Tax | 2.85B | 3.15B | 2.23B | 1.93B | 2.35B | 1.93B | 2.79B | 2.58B | 1.66B | 1.61B |
| Net Income | 6.84B | 5.86B | 5.34B | 5.97B | 4.67B | 1.41B | 9.17B | 4.37B | 7.99B | 1.24B |
| Net Income growth (YoY) | +16.77% | +9.62% | -10.52% | +27.82% | +232.38% | -84.68% | +109.86% | -45.31% | +543.84% | -85.00% |
| EPS (Basic) | 3.45 | 2.92 | 2.65 | 2.97 | 2.33 | 0.70 | 4.62 | 2.21 | 4.05 | 0.72 |
| EPS (Diluted) | 3.39 | 2.86 | 2.60 | 2.91 | 2.28 | 0.69 | 4.53 | 2.17 | 3.98 | 0.71 |
| EBITDA | 21.06B | 21.03B | 19.38B | 19.59B | 18.88B | 14.45B | 20.75B | 21.04B | 21.09B | 16.36B |
| Gross Margin | 55.93% | 55.25% | 53.86% | 54.48% | 57.47% | 58.12% | 61.09% | 62.42% | 61.77% | 60.89% |
| Operating Margin | 25.97% | 25.91% | 23.52% | 25.12% | 25.46% | 20.52% | 30.76% | 30.95% | 30.00% | 28.30% |
| Net Margin | 11.53% | 9.80% | 8.99% | 10.33% | 8.60% | 3.00% | 17.53% | 8.24% | 14.56% | 2.73% |
This table shows 10 annual periods of Anheuser-Busch Inbev SA Sponsored's income statement, from FY 2025 back to FY 2016, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BUD's reporting calendar. What is a income statement?