Anheuser-Busch InBev SA/NV

Overview

Anheuser-Busch InBev SA/NV is a Belgium-headquartered beverage company whose core business is brewing and selling beer. Its portfolio includes global brands such as Budweiser, Corona and Stella Artois, alongside regional brands, no-alcohol beers and other beverages. The company describes its purpose as creating “a future with more cheers.” [1]+2

AB InBev operates across North America, Middle Americas, South America, Europe, the Middle East and Africa, and Asia Pacific. It reported US$59.3 billion in revenue for 2025 and had approximately 143,000 employees at year-end. The company took its current name following InBev’s acquisition of Anheuser-Busch in 2008.[4]+3 [1]+6

Products & services

Anheuser-Busch InBev’s principal products are beers sold under global brands including Budweiser, Stella Artois and Corona, alongside regional brands such as Brahma, Antarctica and Skol in Brazil and Aguila, Club Colombia and Poker in Colombia. Its beer range also includes no-alcohol products such as Corona Cero, Budweiser 0.0, Stella 0.0 and Michelob ULTRA Zero, as well as other lower-alcohol options.[8]

Beyond conventional beer, the company sells ready-to-drink cocktails and flavored malt beverages, including Cutwater, Mike’s Hard Lemonade and Flying Fish. Its non-beer offerings also include soft drinks, spirits-based beverages and energy drinks. In 2025, beer accounted for approximately 89% of reported revenue and non-beer products approximately 11%; the company separately reported its Beyond Beer portfolio at 3% of total revenue.[8]

The company also provides BEES, a business-to-business digital platform through which retailers can order products, access invoices and business insights, and use digital payments. Its marketplace offers products from third-party suppliers as well as AB InBev’s own portfolio.[8] [9]+9

Geographic presence

Anheuser-Busch InBev organizes its operations into five geographic regions: North America, Middle Americas, South America, EMEA (Europe, the Middle East and Africa), and Asia Pacific. It also reports a Global Export and Holding Companies segment. Its geographic footprint includes the United States, Mexico, Brazil, South Africa and China.[4]+2

In 2025, Middle Americas generated $17.4 billion of revenue, followed by North America ($14.2 billion), South America ($12.0 billion), EMEA ($9.5 billion) and Asia Pacific ($5.7 billion). These regions accounted for approximately 29%, 24%, 20%, 16% and 10%, respectively, of the company’s $59.3 billion in total revenue; the remainder came from Global Export and Holding Companies.[8]

The company has employees in more than 40 countries. At year-end 2025, it reported approximately 137,000 full-time-equivalent employees, with the largest regional workforces in Middle Americas (43,085) and South America (32,931). It listed 205 beverage-production plants across its five geographic regions. Its registered office is in Brussels, Belgium, and its headquarters is in Leuven, Belgium.[19]+2 [4]+7

Business segments

Anheuser-Busch InBev reports six geographic business segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies. The first five cover regional operations; the sixth includes global headquarters, certain non-beverage businesses, and exports to countries where the company generally has no other operations or production.[24]+2

Based on 2025 revenue, Middle Americas was the largest segment at approximately 29% of the company total, followed by North America at 24%, South America at 20%, EMEA at 16% and Asia Pacific at 10%. Global Export and Holding Companies contributed about 1%. These are shares of reported revenue, rather than operating profit.[27][5]

The company also discloses revenue by product category, though these are not its geographic reporting segments: beer accounted for approximately 89% of 2025 revenue and non-beer products for approximately 11%.[28] [24]+11

Company history

Anheuser-Busch InBev traces its brewing heritage to the Den Hoorn brewery, founded in Leuven, Belgium, in 1366. In the United States, Eberhard Anheuser acquired a St. Louis brewery in 1860; Adolphus Busch joined in 1864, and Budweiser was introduced in 1876.[29][30]

The modern company took shape through a series of mergers. Belgian brewers Artois and Piedboeuf formed Interbrew in 1987; Interbrew combined with Brazil’s AmBev in 2004 to create InBev. InBev acquired Anheuser-Busch in 2008 and adopted the Anheuser-Busch InBev name. It subsequently completed its acquisition of Grupo Modelo in 2013 and its combination with SABMiller in 2016.[31]+4 [29]+13

Sources

• Anheuser-Busch InBev SA/NV — Full financial report (2025 Y)
  18 citations

  [1][2][3][4][5][10][16][17][19][20][21][22][23][24][25][26][27][28]
• ANHEUSER-BUSCH INBEV — Full financial report (2025 Y)
  7 citations

  [6][11][12][13][14][15][18]
• www.sec.gov[7]
• www.sec.gov[8]
• Anheuser-Busch InBev SA/NV — Full financial report (2024 Y)[9]
• www.ab-inbev.com[29]
• us.budweiser.com[30]
• focusonbelgium.be[31]
• www.ab-inbev.com[32]
• www.ab-inbev.com[33]
• www.ab-inbev.com[34]