Sep 2025 (Q3 FY25) — Oct 30, 2025
AB InBev Q3 FY25 — price-led margin expansion and stepped-up capital returns amid LatAm & China volume headwinds
Read the full callAnheuser-Busch InBev SA (BUD) earnings
- Sep 2025 (Q3 FY25)
- Dec 2025
Anheuser-Busch InBev SA earnings: last reported Thu, 30 Oct 2025, for the quarter ended Sep 2025.
Price
$82.83 +0.29% · +$0.24
Performance +33.3% 1Y
1Y: $62.14 on 17 Oct 2025 → $82.83. High $86.48 (31 Jul 2026), low $60.01 (30 Oct 2025).
- Previous close
- $82.59
- 52-week range
- $60.01 – $86.48
- One year
- +33.51%
Overview
- Symbol
- BUD
- Sector
- Consumer Staples
- Industry
- Malt Beverages
- Exchange
- US
- Currency
- USD
Call summaries
Jun 2025 (Q2 FY25) — Jul 31, 2025
Anheuser-Busch InBev SA/NV Q2 FY25 — Solid EBITDA Growth and Margin Expansion Driven by Premiumization
Read the full callEvery analysed call
Anheuser-Busch InBev SA earnings calls (BUD)
Financials
What the filings say
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Fixed assets | 27,615 | 27,544 | 26,419 | 26,678 | 26,671 | 26,818 | 23,503 | 23,664 |
| Total assets | 233,868 | 236,648 | 226,410 | 217,627 | 212,943 | 219,340 | 206,637 | 218,808 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 15,064 | 14,036 | 10,891 | 14,799 | 13,298 | 13,265 | 15,055 | 14,883 |
| Cash from investing | -3,966 | -4,931 | 6,336 | -5,878 | -4,337 | -4,390 | -3,259 | -3,436 |
| Cash from financing | -14,346 | -8,755 | -8,475 | -11,598 | -10,904 | -8,560 | -9,854 | -11,450 |
| Capital expenditure | -5,005 | -5,174 | -3,781 | -5,640 | -5,160 | -4,638 | -3,863 | -3,656 |
| Free cash flow | 10,059 | 8,862 | 7,110 | 9,159 | 8,138 | 8,627 | 11,192 | 11,227 |
Insider filings
No filings in the last 12 months.
No officer, director or 10% owner of BUD filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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