SENS-AI
ANH Results Bullish

ANHEUSER-BUSCH INBEV SA/NV - AB InBev Reports Q1 2026 Results Short Form Announcement

Anheuser-Busch InBev SA/NV
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What this filing means

AB InBev delivered a strong Q1 2026 performance with a 20.8% increase in Underlying EPS and robust growth in alternative beer categories, though slight margin contraction remains a headwind.

Bull case

  • Underlying EPS grew by 20.8% to 0.97 USD, demonstrating strong bottom-line performance.
  • Revenue increased by 5.8%, bolstered by a 27% surge in no-alcohol beer and a 37% increase in Beyond Beer, highlighting successful product diversification.

Bear case

  • Normalized EBITDA margin contracted by 15 basis points to 35.6%, indicating underlying cost pressures.
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Category
Results
Event posture
Too Late
Published
May 5, 2026

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