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Side-by-side financial comparison of Anheuser-Busch InBev SA (BUD) and BOSTON BEER CO INC (SAM). Click either name above to swap in a different company.

Anheuser-Busch InBev SA/NV, known as AB InBev, is a Belgian multinational drink and brewing company based in Leuven, Belgium. It is the largest brewer in the world, and in 2023, was ranked 72nd in the Forbes Global 2000.

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BUD
BUD
SAM
SAM
Q4 25
$385.7M
Q3 25
$537.5M
Q2 25
$587.9M
Q1 25
$453.9M
Q4 24
$402.3M
Q3 24
$605.5M
Q2 24
$579.1M
Q1 24
$426.1M
Net Profit
BUD
BUD
SAM
SAM
Q4 25
$-22.5M
Q3 25
$46.2M
Q2 25
$60.4M
Q1 25
$24.4M
Q4 24
$-38.8M
Q3 24
$33.5M
Q2 24
$52.3M
Q1 24
$12.6M
Gross Margin
BUD
BUD
SAM
SAM
Q4 25
43.5%
Q3 25
50.8%
Q2 25
49.8%
Q1 25
48.3%
Q4 24
39.9%
Q3 24
46.3%
Q2 24
46.0%
Q1 24
43.7%
Operating Margin
BUD
BUD
SAM
SAM
Q4 25
-8.6%
Q3 25
11.5%
Q2 25
14.0%
Q1 25
7.4%
Q4 24
-13.9%
Q3 24
7.6%
Q2 24
12.2%
Q1 24
3.6%
Net Margin
BUD
BUD
SAM
SAM
Q4 25
-5.8%
Q3 25
8.6%
Q2 25
10.3%
Q1 25
5.4%
Q4 24
-9.6%
Q3 24
5.5%
Q2 24
9.0%
Q1 24
3.0%
EPS (diluted)
BUD
BUD
SAM
SAM
Q4 25
$-1.97
Q3 25
$4.25
Q2 25
$5.45
Q1 25
$2.16
Q4 24
$-3.23
Q3 24
$2.86
Q2 24
$4.39
Q1 24
$1.04

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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