4月29日，贵州茅台发布2025年第一季度报告。报告显示，今年第一季度公司实现营业总收入514.43亿元，同比增长10.67%；归母净利润268.47亿元，同比增长11.56%。

　　其中，茅台酱香系列酒营收70.22亿元，同比增长18.30%；预收账款（合同负债+其他流动负债）98.78亿元。同时，贵州茅台持续深耕海外市场，一季度实现营收11.19亿元，同比增长37.53%。

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