Anheuser-Busch Inbev (BUD) reported Q4 2025 earnings call, highlights of revenue growth, EBITDA increase, expanded market share, investments in strategic priorities, strong free cash flow gen.ON-demand webcast available for playback. Beer category optimistic with marketing effectiveness, premium brand growth, and 7.4 billion spent on sales and marketing in 2025. Revenue and EBITDA growth despite volume challenges, and focus on innovations, waste management, and portfolio optimization. Major growth areas in North America, Middle Americas, Europe, South Africa, and China discussed. Avenue of opportunity seen in beyond beer, with significant revenue growth in nonalcoholic beer. Biz platform capturing $53 billion in gross merchandising value with 61% Y-o-Y increase. EBITDA margin up by 101 basis points, with EPS growth and strong free cash flow maintained at $11.3 billion.

Anheuser-Busch Inbev SA reported its fourth-quarter financial results, with earnings focusing on its strategic priorities for 2025. The company saw growth in revenue, EBITDA, and free cash flow generation, with revenue per unit increasing by 4.4% and a top-line growth of 2%. The company made progress in strengthening its operating model, increasing its brand power, and forming partnerships. The year also saw growth in the Beyond Beer and non-alcohol beer portfolios by 23% and 34%, respectively, with marketplace GMZ reaching $3.5 billion. Anheuser-Busch Inbev's operating performance was solid, with overall volume performance improving in the fourth quarter. The company's market share and performance varied across regions, with notable gains in North America and Middle America, and improvements noted in Europe and South Africa. Anheuser-Busch Inbev highlighted its optimism for the future of the beer category, emphasizing premiumization, innovation, and expansion into non-alcohol beer segments. The company's strategic pillars for growth included digital marketplaces, ecosystem monetization, and optimization of its business. These efforts have led to margin expansions, improved EPS, and consistent free cash flow growth. Overall, Anheuser-Busch Inbev's focus on strategic priorities and financial performance in 2025 has positioned the company well for future growth and success.