Filing Flows › Anheuser-Busch InBev SA (BUD) › How it makes money
How Anheuser-Busch InBev SA (BUD) makes money
Anheuser-Busch InBev SA (BUD) made $15.0B of revenue in the second quarter 2026 (Q2 2026). Of every dollar of revenue, 56¢ was left as gross profit, 6¢ was left as operating profit, 11¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $15.0B | 100.0% |
| Cost of revenue | $6.6B | 43.7% |
| Gross profit | $8.4B | 56.3% |
| Operating expenses | $7.5B | 50.1% |
| Operating profit | $935M | 6.2% |
| Net earnings | $1.7B | 11.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $15.0B | — |
| Q1 2026 | $13.6B | — |
From Anheuser-Busch InBev SA's 6-K filed Jul 30, 2026 (on EDGAR).
Questions
How does Anheuser-Busch InBev SA make money?
Anheuser-Busch InBev SA (BUD) made $15.0B of revenue in the second quarter 2026 (Q2 2026). Of every dollar of revenue, 56¢ was left as gross profit, 6¢ was left as operating profit, 11¢ was left as net earnings.
What is Anheuser-Busch InBev SA's profit margin?
Net earnings were $1.7B, 11.2% of revenue, in the second quarter 2026; the operating margin was 6.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.