The earnings call reflects a resilient performance with strong profit growth and positive momentum in key markets like APAC and AME. However, challenges such as volume declines, currency impacts, and operational issues in Europe weigh on the overall outlook. Strategic initiatives and sustainability progress provide a positive long-term outlook.

Company Guidance

In the 2025 half-year results call, Heineken reiterated its robust profit growth, despite facing macroeconomic challenges. The company reported a 7.4% increase in operating profit (beia) and a 2.1% organic growth in net revenue (beia) to €14.2 billion. Volume growth was slightly negative at -1.2%, but net revenue per liter (beia) improved by 3.3%. The Heineken brand showed a 4.5% volume growth, while operating margin increased by 26 basis points to 14.3%. Notably, Africa and the Middle East contributed significantly with a 19.8% organic net revenue rise and over 50% growth in operating profit (beia) in euros. The guidance for the full-year operating profit (beia) remains at an organic growth range of 4% to 8%.

Strong Profit Growth

Operating profit (beia) grew by 7.4%, with a margin increase of 26 basis points to 14.3%. Net profit (beia) increased by 7.5% organically.

Resilient Performance in APAC and AME

APAC posted strong results with net revenue growth of 5.5% and operating profit growth of 11%. Africa and Middle East achieved significant volume growth and profitability improvements, with net revenue growing organically by 19.8%.

Positive Momentum in Key Markets

Notable volume growth in India, Vietnam, and Nigeria. Heineken brand volume grew 4.5% globally, with strong performances in APAC and Nigeria.

Sustainability Achievements

Progressed towards net zero carbon targets and improved water efficiency. Achieved the target of 30% women in senior management roles.

Heineken (HEINY) 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

Daily Earnings Calendar >

HEINY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 18, 2026	2025 (Q4)	1.59 / -	1.333	―	―	―
Jul 28, 2025	2025 (Q2)	1.22 / 1.21	1.163	4.04% (+0.05)
Feb 12, 2025	2024 (Q4)	1.34 / 1.33	1.415	-5.80% (-0.08)
Jul 29, 2024	2024 (Q2)	1.17 / 1.16	1.163	0.00% (0.00)
Feb 14, 2024	2023 (Q4)	1.62 / 1.42	1.399	1.14% (+0.02)
Jul 31, 2023	2023 (Q2)	1.19 / 1.16	1.181	-1.52% (-0.02)
Feb 15, 2023	2022 (Q4)	1.22 / 1.40	1.091	28.23% (+0.31)
Aug 01, 2022	2022 (Q2)	1.09 / 1.18	0.927	27.40% (+0.25)	―	―
Feb 16, 2022	2021 (Q4)	1.02 / 1.09	0.978	11.55% (+0.11)	―	―
Aug 02, 2021	2021 (Q2)	0.63 / 0.93	0.229	304.80% (+0.70)	―	―

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

HEINY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$45.16	$41.02	-9.17%
Feb 12, 2025	$34.46	$39.44	+14.45%
Jul 29, 2024	$47.98	$42.95	-10.48%
Feb 14, 2024	$48.18	$45.10	-6.39%

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 Heineken NV (HEINY) report earnings?

Heineken NV (HEINY) is schdueled to report earning on Feb 18, 2026, Before Open (Confirmed).

What is Heineken NV (HEINY) earnings time?

Heineken NV (HEINY) earnings time is at Feb 18, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HEINY EPS forecast?

HEINY EPS forecast for the fiscal quarter 2025 (Q4) is 1.59.

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