Company Analysis

Ambev S.A. (ABEV)

NYSE: ABEV · Beverages · Sao Paulo · filing with the SEC since 2012
Grade6.2
◀ Past 6.7● Present 6.4▶ Future 5.5
1 est.

Income statement, as filed

In thousands of Brazilian reais (BRL), as filed; per-share figures in Brazilian reais; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 3, 2026Mar 12, 2025Mar 11, 2024Mar 17, 2023Mar 18, 2022Mar 22, 2021Mar 24, 2020Mar 22, 2019Mar 19, 2018Mar 22, 2017
Revenue88,242,500.089,452,700.079,736,900.079,708,800.072,854,300.058,379,000.052,005,100.0r50,231,300.047,899,300.045,602,600.0
Cost of revenue42,864,100.043,615,100.039,291,600.040,422,100.035,659,700.027,066,100.021,678,200.019,249,400.0r18,028,400.0r16,678,000.0
Gross profit45,378,400.045,837,600.040,445,300.039,286,700.037,194,600.031,312,900.030,326,900.0r30,981,900.0r29,870,900.0r28,924,600.0
Sales and marketing8,348,100.08,634,200.07,412,500.07,337,400.07,035,500.06,374,600.05,696,100.05,721,300.0r5,613,600.0r5,925,000.0
General and administrative5,862,900.06,201,100.05,273,700.05,236,800.04,877,400.02,948,500.02,680,000.02,363,400.0r2,620,000.0r2,166,100.0
Total operating expenses··218,000.0·······
Operating income23,317,700.021,801,700.018,831,000.017,687,800.017,080,300.015,972,200.016,074,900.017,150,900.0r16,552,100.0r17,105,400.0
Finance costs4,410,700.04,028,400.0r4,918,900.0r7,141,100.0r5,427,800.05,430,500.04,748,400.04,684,200.0r4,414,500.0r4,597,900.0
Finance income2,216,600.02,423,700.0r2,085,600.02,865,600.0r2,222,400.02,996,000.01,638,900.0653,900.0r700,700.0r895,900.0
Net finance income (costs)-4,001,800.0-2,318,300.0-3,609,800.0-3,423,100.0-3,205,400.0-2,434,500.0-3,109,500.0-4,030,300.0r-3,713,800.0r-3,702,000.0
Income before income taxes19,421,700.019,487,300.015,035,900.014,235,600.013,759,200.013,494,400.012,943,100.013,121,600.0r12,835,200.0r13,398,400.0
Income tax expense··-75,500.0655,600.0r-636,600.0r1,762,500.0754,700.01,773,900.0r5,047,700.0r315,000.0
Net income15,988,400.014,846,900.014,960,400.014,891,200.013,122,600.011,731,900.012,188,400.011,347,700.0r7,787,500.0r13,083,400.0
Net income to non-controlling interests485,000.0409,700.0458,500.0433,300.0451,600.0352,500.0408,400.0352,700.0518,500.0536,800.0
Net income to shareholders15,503,400.014,437,200.014,501,900.014,457,900.012,671,000.011,379,400.011,780,000.010,995,000.0r7,269,000.0r12,546,600.0
Net income to ordinary shareholders···14,457,900.012,671,000.011,379,400.011,780,000.010,995,000.0r7,269,000.0r12,546,600.0
Earnings per share, basic0.99270.91760.92110.91840.80520.72330.7490.6995r0.4628r0.7993r
Earnings per share, diluted0.98850.91290.91560.91230.79910.71710.74230.6934r0.459r0.7929r
Weighted average shares, basic15,617.515,734.515,744.815,741.915,736.915,733.115,727.515,718.115,705.815,696.6
Weighted average shares, diluted15,683.915,814.715,838.615,848.615,857.5r15,867.615,869.015,856.4r15,838.115,823.1
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldifrs-full:Revenue
Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales
Gross profit revenue less the cost of what it soldifrs-full:GrossProfit
Sales and marketing the cost of finding and serving customersifrs-full:SalesAndMarketingExpense
General and administrative the cost of running the company itselfifrs-full:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherifrs-full:OperatingExpense
Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities
Finance costs what its borrowing costifrs-full:FinanceCosts
Finance income what its cash and investments earnedifrs-full:FinanceIncome
ifrs-full:RevenueFromInterest
Net finance income (costs) interest earned less interest paid, outside the businessifrs-full:FinanceIncomeCost
Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax
Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations
Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests
Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent
Net income to ordinary shareholders what is left for common shareholdersifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare
Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare
Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares
Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares
SI Assistanton ABEV · research, not advice