The earnings call reflected a largely positive sentiment, with significant achievements in U.S. market share gains and strategic financial maneuvers, such as a share buyback and dividend. However, there were notable challenges in China and weather-related impacts in the Americas.
Company Guidance
During AB InBev's third-quarter 2025 earnings call, CEO Michel Doukeris and CFO Fernando Tennenbaum highlighted several key performance metrics. The company achieved top-line growth of 0.9% despite challenges such as headwinds in China and unseasonable weather in the Americas. Revenue per hectoliter increased by 4.8%, and EBITDA grew by 3.3%, with margin expansion of 85 basis points. The BEES marketplace reached nearly $1 billion in quarterly gross merchandising value (GMV), and the company announced a $6 billion share buyback program, alongside an interim dividend of EUR 0.15 per share. The company's performance was bolstered by the success of premium brands like Michelob Ultra in the U.S., and Cutwater in the Beyond Beer segment, which saw a mid-40s revenue increase. Despite a 15.2% revenue decline in China, AB InBev is focused on reigniting growth through increased investments and innovation. The company remains optimistic about future growth, particularly with the upcoming FIFA World Cup in North America in 2026, positioning it well to achieve its 4% to 8% EBITDA growth outlook.
Top and Bottom-Line Growth
Despite challenging environments, AB InBev delivered another quarter of top and bottom-line growth, with a revenue increase in 70% of markets and EBITDA growth of 3.3% with margin expansion of 85 bps.
U.S. Market Performance
Michelob Ultra became the number one brand by volume year-to-date in the U.S., and Beyond Beer revenue increased in the mid-40s led by Cutwater, which grew revenue in the triple digits.
Share Buyback and Dividend Announcement
AB InBev announced a $6 billion share buyback program to be executed within the next 24 months and an interim dividend of EUR 0.15 per share.
BEES Marketplace Growth
Quarterly GMV of BEES marketplace reached nearly $1 billion, representing a 66% increase versus the previous year.
Anheuser-Busch Inbev Sa (BUD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BUD Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$61.44
$60.01
-2.33%
Jul 31, 2025
$66.54
$57.67
-13.33%
May 08, 2025
$65.50
$67.00
+2.29%
Feb 26, 2025
$54.12
$58.03
+7.22%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Anheuser-busch Inbev (BUD) report earnings?
Anheuser-busch Inbev (BUD) is schdueled to report earning on Feb 26, 2026, Before Open (Confirmed).
What is Anheuser-busch Inbev (BUD) earnings time?
Anheuser-busch Inbev (BUD) earnings time is at Feb 26, 2026, Before Open (Confirmed).
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