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Anheuser-Busch InBev SA (BUD) Q2 2026 earnings results (second quarter 2026)

6-K filed Jul 30, 2026

Anheuser-Busch InBev SA (BUD) reported revenue of $15.0B for the second quarter 2026 (Q2 2026) and +10% from the quarter before. Operating margin was 6.2%, net earnings $1.7B (11.2% of revenue).

Revenue$15.0B
Year over year—
Quarter over quarter+10%
Operating margin6.2%
Net earnings$1.7B

Anheuser-Busch InBev SA, Q2 2026: revenue $15.0B, operating margin 6.2%, net earnings $1.7B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$15.0B+10%—
Gross profit$8.4B+11%—
Operating profit$935M-37%—
Net earnings$1.7B-22%—

What changed

Revenue was $15.0B in Q2 2026, up 10% from the previous quarter.

Gross margin was 56.3%. Operating profit was $0.94B, a 6.2% margin. Net earnings were $1.7B. The effective tax rate was -79.3%.

Questions

What was Anheuser-Busch InBev SA's revenue in the second quarter 2026?

Anheuser-Busch InBev SA (BUD) reported revenue of $15.0B for the second quarter 2026 (Q2 2026) and +10% from the quarter before.

Was Anheuser-Busch InBev SA profitable in the second quarter 2026?

Operating profit was $935M (6.2% of revenue) and net earnings $1.7B.

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Source: Anheuser-Busch InBev SA 6-K on SEC EDGAR.