Anheuser-Busch InBev SA/NV (BUD): Financial results for Q3 2026

Anheuser-Busch InBev reported a 22.4% rise in underlying profit per share to $1.21 in Q3 2026, with revenue up 4.9% organically to $16.5 billion. The company's shares trade in New York, Brussels, and Johannesburg. The increase in profit was driven by higher prices and premium brands, not volume growth. The company also announced a higher interim dividend and completed part of its share buyback program.

Anheuser-Busch InBev (BUD) reported Q3 earnings, highlighting 35% revenue growth in non-alcohol beer, led by Corona Zero and Michelob ULTRA Zero. Michelob ULTRA expanded internationally, with 60% of its growth outside the U.S. North America saw share gains in beer and Beyond Beer, while Mexico, Colombia, and Brazil reported growth. Europe was flat, and China faced challenges with a 16.8% decline. The company's digital platforms processed $15.9B in GMV, up 12%.

Anheuser-Busch InBev (BUD) reported Q3 2026 earnings with EPS up 22%, but faced challenges in China and Brazil. Revenue in China declined 16.8% due to weather and industry issues, while EBITDA rose 3.9% with flat margins. The company cited commodity cost pressures, particularly in the U.S. CEO Michel Doukeris highlighted growth in non-alcoholic beer and ready-to-drink beverages, now above 1.5% of the business.

AB InBev (BUD) reported Q3 2026 earnings, highlighting share gains, revenue growth, and strategic investments. Key brands like Michelob ULTRA and Busch Light drove beer performance, while Beyond Beer portfolio grew by low teens. Revenue increased by 4.9%, with underlying EPS up 22%. The company announced an interim dividend of 40 euro cents per share and continues a $6 billion share buyback program. Challenges were noted in China, with revenue and volumes declining by 16.8%.

AB InBev (BUD) reported Q3 revenue of $16.5B (+4.9% organic) and underlying EPS of $1.21 (+22.4%). Normalized EBITDA rose 3.9% to $5.96B, but margins narrowed. Premium beers like Corona and Michelob Ultra drove revenue growth, while China and the U.S. underperformed. Lower financing costs and currency effects boosted earnings. The board raised the interim dividend to 0.40 euros per share.

AB InBev reported Q3 2026 adjusted EPS of $1.21, beating expectations. Revenue reached $16.51 billion, driven by 7.7% growth in megabrands like Corona and Stella Artois. China volumes declined 16.8%, while Middle Americas saw 12.1% organic revenue growth. The company declared a 0.40 euro interim dividend and completed $2.6 billion of a $6 billion buyback program. Full-year EBITDA growth is expected to align with the 4% to 8% medium-term target.