Filing Flows › Anheuser-Busch InBev SA (BUD) › Q3 2026 › vs Q3 2025
Anheuser-Busch InBev SA (BUD) Q3 2026 vs Q3 2025 (year over year)
Anheuser-Busch InBev SA's revenue rose $1.4B (+9%) from $15.1B in Q3 2025 to $16.5B in Q3 2026. Gross margin 56.3% against 56.4% (-0.1 pts).
Anheuser-Busch InBev SA, Q3 2026: revenue $16.5B (+9% year over year), operating margin 15.4%, net earnings $1.6B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 56.3% | 56.4% | -0.1 pts |
| Operating margin | 15.4% | 11.8% | +3.7 pts |
| Net margin | 9.7% | 7.0% | +2.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $16.5B | $15.1B | $1.4B | +9% |
| Gross profit | $9.3B | $8.5B | $765M | +9% |
| Cost of revenue | $7.2B | $6.6B | $614M | +9% |
| Operating profit | $2.5B | $1.8B | $769M | +43% |
| Operating expenses | $6.8B | $6.8B | −$4.0M | -0.1% |
| Pre-tax earnings | $2.5B | $1.8B | $769M | +43% |
| Net earnings | $1.6B | $1.1B | $543M | +52% |
| Income tax | $952M | $726M | $226M | +31% |
Questions
How much did Anheuser-Busch InBev SA's revenue grow year over year in Q3 2026?
Anheuser-Busch InBev SA's revenue rose $1.4B (+9%) from $15.1B in Q3 2025 to $16.5B in Q3 2026. Gross margin 56.3% against 56.4% (-0.1 pts).