Filing Flows › Anheuser-Busch InBev SA (BUD) › Q3 2026
Anheuser-Busch InBev SA (BUD) Q3 2026 earnings results (third quarter 2026)
6-K filed Oct 29, 2026
Anheuser-Busch InBev SA (BUD) reported revenue of $16.5B for the third quarter 2026 (Q3 2026), +9% from a year earlier and -0.9% from the quarter before. Operating margin was 15.4%, net earnings $1.6B (9.7% of revenue).
Anheuser-Busch InBev SA, Q3 2026: revenue $16.5B (+9% year over year), operating margin 15.4%, net earnings $1.6B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.5B | -0.9% | +9% |
| Gross profit | $9.3B | -3% | +9% |
| Operating profit | $2.5B | -45% | +43% |
| Net earnings | $1.6B | -57% | +52% |
What changed
Revenue was $16.5B in Q3 2026, up 9% year over year and down 1% from the previous quarter.
Gross margin was 56.3%, down 0.1 points from Q3 2025. Operating profit was $2.5B, a 15.4% margin (up 3.7 points year over year). Of the extra revenue versus Q3 2025, 56% reached operating profit, above the 12% margin then. Operating expenses fell 0% while revenue rose 9%. Net earnings were $1.6B, up 52% year over year. The effective tax rate was 37.3%.
Questions
What was Anheuser-Busch InBev SA's revenue in the third quarter 2026?
Anheuser-Busch InBev SA (BUD) reported revenue of $16.5B for the third quarter 2026 (Q3 2026), +9% from a year earlier and -0.9% from the quarter before.
Was Anheuser-Busch InBev SA profitable in the third quarter 2026?
Operating profit was $2.5B (15.4% of revenue) and net earnings $1.6B.