Ambev 4Q25: Profit Falls 10% as Volumes Drop 3.6%

2026-02-12 - 12:55

3 Key Points — Net income declined 9.9% year-on-year to R$ 4.53 billion ($871M), driven by an 8.0% drop in adjusted EBITDA to R$ 8.85 billion ($1.70B) — even as net revenue beat consensus, rising organically 4.8% to R$ 24.81 billion ($4.77B) versus estimates of R$ 24.59 billion. Volumes fell 3.6% organically, confirming the trend