Anheuser-Busch InBev SA/NV

BUD · XNYS

CIK 1668717fmd_1FN2A3YGGA6XQR3ZKPP7J23F3HManufacturing · Malt BeveragesTemplate: Standard

Coverage: Jan 01, 2015 to Dec 31, 2025, 20 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	45,517	54,859	53,041	52,329	46,881	54,304	57,786	59,380	59,768	59,320
Cost of revenue	17,803	20,975	19,933	20,362	19,634	23,097	26,305	27,396	26,744	26,141
Gross profit	27,715	33,884	33,108	31,967	27,247	31,207	31,481	31,984	33,024	33,179
Research and development	244	265	276	291	296	298	–	–	–	–
Operating income	12,882	16,460	16,414	16,098	9,620	13,824	14,517	13,966	15,487	15,405
Interest expense	9,382	7,006	9,261	5,993	8,419	6,040	5,814	6,133	6,376	5,146
Income before taxes	4,334	10,264	7,741	12,776	2,079	8,463	9,524	9,124	10,568	11,328
Income tax expense	1,613	1,658	2,585	2,786	1,932	2,350	1,928	2,234	3,152	2,850
Net income from continuing operations	2,721	8,606	5,157	9,990	147	6,114	7,597	6,891	7,416	8,477
Net income	1,241	7,990	4,370	9,171	1,405	4,670	5,969	5,341	5,855	6,837
Net income to common shareholders	1,241	7,990	4,370	9,171	1,405	4,670	5,969	5,341	5,855	6,837