Compañía Cervecerías Unidas S.A. (CCU) Income Statement
CCU 2025 at a glance
Fiscal year ended December 31, 2025 · CLPCCU revenue and net income
Where CCU's revenue goes
2025Each bar shows an amount and its share of revenue. CCU kept 4.0% of revenue as net income.
CCU profit margins
CCU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.7% | +0.7% | +8.3% | +6.3% |
| Gross profit | −6.5% | +0.9% | +7.1% | +4.2% |
| Operating income | −22.7% | −2.4% | +3.0% | −0.5% |
| Net income | −30.8% | −1.9% | +3.0% | −0.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CCU income statement in CLP
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CLP 2.77T | CLP 2.90T | CLP 2.57T | CLP 2.71T | CLP 2.48T | CLP 1.86T | CLP 1.82T | CLP 1.78T | CLP 1.70T | CLP 1.56T |
| Cost of revenue | CLP 1.54T | CLP 1.59T | CLP 1.38T | CLP 1.51T | CLP 1.29T | CLP 984.04B | CLP 908.32B | CLP 860.01B | CLP 798.74B | CLP 741.82B |
| Gross profit | CLP 1.23T | CLP 1.31T | CLP 1.19T | CLP 1.20T | CLP 1.19T | CLP 873.56B | CLP 914.22B | CLP 923.27B | CLP 899.62B | CLP 817.08B |
| Research & development | — | — | — | — | — | — | CLP 0 | CLP 0 | CLP 0 | CLP 0 |
| Sales, general & admin | CLP 753.30B | CLP 751.34B | CLP 667.38B | CLP 691.61B | CLP 599.99B | CLP 475.91B | CLP 464.52B | CLP 466.77B | CLP 432.74B | CLP 426.16B |
| Total operating expenses | CLP 1.03T | CLP 1.05T | CLP 946.98B | CLP 977.75B | CLP 862.68B | CLP 698.38B | CLP 680.26B | CLP 682.01B | CLP 669.58B | CLP 620.64B |
| Operating income | CLP 203.12B | CLP 262.61B | CLP 239.97B | CLP 218.76B | CLP 330.47B | CLP 175.18B | CLP 233.97B | CLP 472.75B | CLP 227.18B | CLP 192.31B |
| Interest income | CLP 27.52B | CLP 38.10B | CLP 39.75B | CLP 84.21B | CLP 31.32B | CLP 31.15B | CLP 40.09B | CLP 15.28B | CLP 30.59B | CLP 19.73B |
| Interest expense | CLP 76.02B | CLP 97.17B | CLP 77.02B | CLP 75.93B | CLP 35.66B | CLP 28.71B | CLP 27.72B | CLP 23.56B | CLP 24.17B | CLP 20.31B |
| Income before taxes | CLP 104.82B | CLP 165.53B | CLP 103.16B | CLP 135.75B | CLP 301.68B | CLP 143.60B | CLP 185.62B | CLP 458.21B | CLP 196.47B | CLP 170.33B |
| Income taxes | −CLP 25.72B | −CLP 11.02B | −CLP 15.27B | CLP 263.9M | CLP 82.63B | CLP 35.41B | CLP 39.98B | CLP 136.13B | CLP 48.37B | CLP 30.25B |
| Net income | CLP 111.40B | CLP 160.94B | CLP 105.65B | CLP 118.17B | CLP 199.16B | CLP 96.15B | CLP 130.14B | CLP 306.89B | CLP 129.61B | CLP 118.46B |
| EBITDA | CLP 328.57B | CLP 416.02B | CLP 359.38B | CLP 338.18B | CLP 454.00B | CLP 282.13B | CLP 318.36B | CLP 481.77B | CLP 316.68B | CLP 272.55B |
| Gross margin | 44.4% | 45.2% | 46.3% | 44.1% | 48.0% | 47.0% | 50.2% | 51.8% | 53.0% | 52.4% |
| Operating margin | 7.3% | 9.0% | 9.4% | 8.1% | 13.3% | 9.4% | 12.8% | 26.5% | 13.4% | 12.3% |
| Net margin | 4.0% | 5.5% | 4.1% | 4.4% | 8.0% | 5.2% | 7.1% | 17.2% | 7.6% | 7.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CLP 607.80B | CLP 819.52B | CLP 825.97B | CLP 658.63B | CLP 579.91B | CLP 817.67B | CLP 968.08B | CLP 665.82B | CLP 524.64B | CLP 746.02B | CLP 572.61B | CLP 686.68B |
| Cost of revenue | CLP 354.97B | CLP 431.99B | CLP 445.96B | CLP 378.69B | CLP 343.08B | CLP 435.49B | CLP 504.99B | CLP 377.54B | CLP 314.53B | CLP 393.90B | CLP 308.34B | CLP 368.36B |
| Gross profit | CLP 252.83B | CLP 387.52B | CLP 380.02B | CLP 279.94B | CLP 236.83B | CLP 382.18B | CLP 463.08B | CLP 288.28B | CLP 210.11B | CLP 352.13B | CLP 264.27B | CLP 318.31B |
| Sales, general & admin | CLP 179.19B | CLP 209.80B | CLP 206.17B | CLP 169.82B | CLP 176.18B | CLP 201.12B | CLP 235.06B | CLP 183.81B | CLP 169.63B | CLP 177.36B | CLP 142.40B | CLP 184.79B |
| Total operating expenses | CLP 273.22B | CLP 295.74B | CLP 275.95B | CLP 239.36B | CLP 263.64B | CLP 297.74B | CLP 316.96B | CLP 258.97B | CLP 212.93B | CLP 262.15B | CLP 187.28B | CLP 262.18B |
| Operating income | −CLP 20.39B | CLP 91.78B | CLP 104.07B | CLP 40.58B | −CLP 26.80B | CLP 84.44B | CLP 146.12B | CLP 29.32B | −CLP 2.81B | CLP 89.98B | CLP 76.98B | CLP 56.13B |
| Interest income | CLP 4.86B | CLP 5.02B | CLP 4.65B | CLP 5.39B | CLP 14.32B | CLP 13.22B | CLP 8.46B | CLP 7.83B | CLP 9.10B | CLP 12.70B | CLP 4.99B | CLP 47.01B |
| Interest expense | CLP 16.36B | CLP 18.33B | CLP 20.04B | CLP 20.33B | CLP 10.17B | CLP 20.75B | CLP 28.72B | CLP 27.69B | CLP 21.39B | CLP 19.37B | CLP 16.20B | CLP 25.1M |
| Income before taxes | −CLP 42.88B | CLP 77.27B | CLP 81.55B | CLP 8.38B | CLP 25.18B | CLP 65.20B | CLP 103.39B | CLP 13.56B | −CLP 21.07B | CLP 69.65B | CLP 30.11B | CLP 8.43B |
| Income taxes | −CLP 22.40B | CLP 18.22B | CLP 17.35B | −CLP 12.30B | CLP 36.39B | CLP 3.71B | CLP 21.26B | −CLP 18.99B | −CLP 27.90B | CLP 14.62B | −CLP 17.69B | −CLP 4.23B |
| Net income | −CLP 20.71B | CLP 53.86B | CLP 53.32B | CLP 15.50B | −CLP 11.22B | CLP 57.78B | CLP 74.15B | CLP 29.55B | CLP 5.04B | CLP 52.20B | CLP 41.73B | CLP 9.50B |
| EBITDA | CLP 14.62B | CLP 136.93B | CLP 141.55B | CLP 66.10B | CLP 9.79B | CLP 125.66B | CLP 189.19B | CLP 77.59B | CLP 2.67B | CLP 131.33B | CLP 71.82B | CLP 86.34B |
| Gross margin | 41.6% | 47.3% | 46.0% | 42.5% | 40.8% | 46.7% | 47.8% | 43.3% | 40.0% | 47.2% | 46.2% | 46.4% |
| Operating margin | −3.4% | 11.2% | 12.6% | 6.2% | −4.6% | 10.3% | 15.1% | 4.4% | −0.5% | 12.1% | 13.4% | 8.2% |
| Net margin | −3.4% | 6.6% | 6.5% | 2.4% | −1.9% | 7.1% | 7.7% | 4.4% | 1.0% | 7.0% | 7.3% | 1.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in CLP as reported in CCU's financial statements (latest annual report filed April 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CCU financial results
In fiscal year 2025 (ended December 31, 2025), Compañía Cervecerías Unidas reported revenue of CLP 2.77 trillion, down 4.7% from the year before. It had net income of CLP 111.4 billion (down 30.8%), a net profit margin of 4.0%. Over five years revenue grew at an average rate of 8.3% a year. Figures are in CLP, the currency of its financial statements.
See the CCU stock overview for the latest quote and news, or the CCU chart for price history and technical indicators.
CCU income statement FAQ
What is Compañía Cervecerías Unidas's annual revenue?
Compañía Cervecerías Unidas reported total revenue of CLP 2.77 trillion for fiscal year 2025, which ended on December 31, 2025. That was down 4.7% from CLP 2.90 trillion the previous year.
Is Compañía Cervecerías Unidas profitable?
Yes. Compañía Cervecerías Unidas reported net income of CLP 111.4 billion in fiscal 2025, a net profit margin of 4.0%; its operating margin was 7.3%.
What is Compañía Cervecerías Unidas's gross margin?
Compañía Cervecerías Unidas's gross margin was 44.4% in fiscal 2025: for every $100 of revenue, Compañía Cervecerías Unidas kept $44 after the direct cost of its products and services.
How fast is Compañía Cervecerías Unidas growing?
Revenue grew 8.3% a year on average over the last five fiscal years, from CLP 1.86 trillion to CLP 2.77 trillion.
When will Compañía Cervecerías Unidas report its next earnings?
Compañía Cervecerías Unidas is expected to report results for the quarter ending September 30, 2026 on November 5, 2026.
When does Compañía Cervecerías Unidas's fiscal year end?
Compañía Cervecerías Unidas's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 29, 2026.