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Q3 2026 earnings • released • EPS beat +9.43% • Revenue miss -0.34%
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ABEV:NYSE
Ambev SA
$2.69
+1.13%
(+0.030) 1D
$2.72
+1.12% (+0.030)
After hours
Closed: Nov 2, 4:00:05 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for ABEV...
Open
$2.70
High
$2.74
Low
$2.68
Mkt. cap
42.04B
Avg. vol.
24.54M
Volume
4.00
Dividend
7.62%
Quarterly dividend
$0.05
Ex-dividend date
Dec 19, 2025
P/E ratio
14.51
52-wk high
$3.45
52-wk low
$2.28
EPS
$0.19
Beta
0.54
Shares outstanding
15.48B
No. of employees
39K
Open
$2.70
High
$2.74
Low
$2.68
Mkt. cap
42.04B
Avg. vol.
24.54M
Volume
4.00
Dividend
7.62%
Quarterly dividend
$0.05
Ex-dividend date
Dec 19, 2025
P/E ratio
14.51
52-wk high
$3.45
52-wk low
$2.28
EPS
$0.19
Beta
0.54
Shares outstanding
15.48B
No. of employees
39K
News stories
From web sources and news partners
Profile
Ambev S.A., is a Brazilian brewing and bottling company owned by Anheuser-Busch InBev. Its name translates to "The Americas Beverage Company", hence the "Ambev" abbreviation. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the board of directors of the Brazilian Administrative Council for Economic Defense on March 30, 2000. The organization's headquarters are in São Paulo, Brazil. It is one of the largest companies by market capitalization in Brazil and in the Southern Hemisphere. Belonging to the Anheuser-Busch InBev group, it is the largest beer manufacturer in the world. It controls about 69% of the Brazilian beer market, is the 11th largest company in the country in net revenue and is a manufacturer of soft drinks, energy drinks, juices, teas, and mineral water. Wikipedia
About Ambev SA
CEOCarlos Eduardo Klutzenschell Lisboa
Employees39K
FoundedJul 1, 1999
HeadquartersSão Paulo, São Paulo, Brazil
SectorBrewery
Analyst ratings
Based on 5 analysts giving stock ratings to ABEV in the past 3 months
Hold
Buy
1
Hold
2
Sell
2
12-month forecast
Based on 5 Wall Street analysts offering 12 month price targets for ABEV in the last 3 months.
Highest
Current $2.69
$4.00 (+48.70%)
Average
$3.34 (+24.16%)
Lowest
$2.85 (+5.95%)
Analyst
Recommendation
Action
Price target
Projected
Date
Robert Ottenstein
Evercore ISI
Buy
Maintained
$4.00
+48.7%
10/30/2026
Benjamin Theurer
Barclays
Hold
Maintained
$3.00
+11.5%
10/29/2026
Nadine Sarwat
Bernstein
Hold
Maintained
$3.55
+32%
10/15/2026
Isabella Simonato
Bank of America Securities
Sell
Downgraded
$3.30
+22.7%
10/07/2026
Rodrigo Alcantara
UBS
Sell
Maintained
$2.85
+5.9%
08/11/2026
Thiago Bortoluci
Goldman Sachs
Sell
Maintained
$2.35
-12.6%
02/27/2026
Last report
Oct 29, 2026
Fiscal period
Q3 2026
R$0.05 / R$0.05
+9.43%beat
Revenue / Est. (BRL)
21.59B / 21.67B
-0.34%miss
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in BRL
Loading Previous Earnings...
Revenue
Net income
All values in BRL
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
24.81B
22.46B
20.15B
21.59B
Cost of goods sold
11.75B
10.88B
9.70B
10.59B
Cost of revenue
11.75B
10.88B
9.70B
10.59B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
6.72B
6.27B
6.39B
6.14B
Operating expense
6.06B
5.69B
5.66B
5.49B
Total operating expenses
17.81B
16.57B
15.37B
16.08B
Operating income
6.99B
5.89B
4.78B
5.52B
Other non operating income
-198.47M
-553.60M
-205.49M
-159.09M
EBT including unusual items
5.93B
4.93B
4.34B
5.25B
EBT excluding unusual items
6.36B
4.91B
4.33B
5.35B
Income tax expense
1.40B
1.05B
864.51M
882.12M
Effective tax rate
23.64%
21.21%
19.92%
16.81%
Other operating expenses
-654.49M
-574.57M
-728.06M
-649.62M
Net income
4.35B
3.77B
3.39B
4.25B
Net profit margin
17.52%
16.77%
16.81%
19.66%
Earnings per share
-
-
-
-
Interest and investment income
414.06M
408.00M
422.72M
379.69M
Interest expense
-572.12M
-534.64M
-539.58M
-560.34M
Net interest expenses
-158.06M
-126.64M
-116.86M
-180.65M
Depreciation and amortization charges
-
-
-
-
EBITDA
7.82B
7.18B
6.32B
7.21B
Gain or loss from assets sale
9.26M
-114.75M
-34.10M
-28.62M
Insider transactions
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