StockWatch
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Beverages (Production/Distribution)
Quarterly ResultJul 30, 2026, 06:09 AM

Ambev Q2 Net Revenue +6.1%; Normalized EBITDA +8.9%; EPS R$0.22

AI Summary

Ambev S.A. reported strong second quarter 2026 results, with consolidated net revenue increasing 6.1% and Normalized EBITDA growing 8.9% organically. The company achieved a Normalized Profit of R$ 3,492.7 million, up 23.3%, and Normalized EPS of R$ 0.22, a 24.2% increase. This performance was driven by volume growth in Central America and the Caribbean and Brazil Beer, disciplined revenue and cost management, and strategic investments including FIFA World Cup activations. The Board also approved a new Interest on Capital distribution of R$ 1.1 billion.

Key Highlights

  • Consolidated Net Revenue increased by 6.1% organically.
  • Normalized EBITDA grew by 8.9% organically, with margin expanding 80 bps.
  • Normalized Profit reached R$ 3,492.7 million, up 23.3% from 2Q25.
  • Normalized EPS was R$ 0.22, an increase of 24.2%.
  • Cash flow from operating activities rose 54.5% to R$ 4,711.4 million.
  • Board approved a new Interest on Capital distribution of R$ 1.1 billion.
  • Brazil Beer volumes grew 5.0%, outperforming the industry.
  • BEES Marketplace GMV grew 58% in the quarter.