Ambev 1Q26 normalized EBITDA climbs 10.1% to R$ 7.56 billion; revenue rises 8.1%

• AmBev posted 1Q26 profit of R$ 3.89 billion, while net revenue edged down 0.1% to R$ 22.46 billion.
• Normalized EBITDA rose 1.5% to R$ 7.56 billion, lifting normalized EBITDA margin 0.5 percentage point to 33.6%.
• Organic net revenue climbed 8.1% on 8% growth in net revenue per hectoliter, while total volume was broadly flat on an organic basis, up 0.1% to 44,968,000 hectoliters.
• Cash flow from operating activities jumped 162.5% to R$ 3.16 billion, supported by improved working capital dynamics.
• Board set July 6, 2026 payment for R$ 1.2 billion second tranche of interest on capital, while also earmarking a new distribution of about R$ 700 million to be paid by December 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AmBev SA published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.