Filing Flows › Anheuser-Busch InBev SA (BUD) › Q1 2026
Anheuser-Busch InBev SA (BUD) Q1 2026 earnings results (first quarter 2026)
6-K filed May 5, 2026
Anheuser-Busch InBev SA (BUD) reported revenue of $13.6B for the first quarter 2026 (Q1 2026). Operating margin was 10.9%, net earnings $2.1B (15.8% of revenue).
Revenue$13.6B
Year over year—
Quarter over quarter—
Operating margin10.9%
Net earnings$2.1B
Anheuser-Busch InBev SA, Q1 2026: revenue $13.6B, operating margin 10.9%, net earnings $2.1B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.6B | — | — |
| Gross profit | $7.6B | — | — |
| Operating profit | $1.5B | — | — |
| Net earnings | $2.1B | — | — |
What changed
Revenue was $13.6B in Q1 2026.
Gross margin was 55.6%. Operating profit was $1.5B, a 10.9% margin. Net earnings were $2.1B. The effective tax rate was -44.7%.
Questions
What was Anheuser-Busch InBev SA's revenue in the first quarter 2026?
Anheuser-Busch InBev SA (BUD) reported revenue of $13.6B for the first quarter 2026 (Q1 2026).
Was Anheuser-Busch InBev SA profitable in the first quarter 2026?
Operating profit was $1.5B (10.9% of revenue) and net earnings $2.1B.