Earnings ·
Anheuser-Busch InBev reported second quarter and half-year 2026 results showing solid top- and bottom-line performance
BUDFFAnheuser-Busch InBev SA
Anheuser-Busch InBev reported second quarter and half-year 2026 results showing solid top- and bottom-line performance. Revenue increased by 5.6% to $16,660 million in Q2 and 5.7% to $31,927 million in H1, driven by revenue management and premiumization. Beer volumes grew by 1.1% in Q2 and 1.2% in H1, while normalized EBITDA rose 5.8% to $5,938 million in Q2 and 5.6% to $11,375 million in H1. Underlying EPS increased 23.4% to $1.21 per share in Q2 and 22.1% to $2.18 in H1. The company completed $1.9 billion of its $6 billion share buyback program announced on October 30, 2025, as of July 24, 2026. Net debt to EBITDA improved to 2.86x at June 30, 2026. The company operates in the global brewing and beverage industry.