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Brown–Forman income statement

In fiscal 2026, Brown–Forman reported revenue of $3.93bn, down 1.2% on the year before, operating income of $1.00bn (a 25.5% margin) and net income of $715m, or $1.53 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Brown–Forman: income statement, annual
Fiscal year2010Apr 20102011Apr 20112012Apr 20122013Apr 20132014Apr 20142015Apr 20152016Apr 20162017Apr 20172018Apr 20182019Apr 20192020Apr 20202021Apr 20212022Apr 20222023Apr 20232024Apr 20242025Apr 20252026Apr 2026LTMJul 2026
Revenue3,2263,4043,6143,7843,9464,0964,0112,9943,2483,3243,3633,4613,9334,2284,1783,9753,9283,915
Cost of revenue———————9731,0461,1581,2361,3671,5421,7341,6521,6321,5501,540
Gross profit1,6111,7241,7951,9552,0782,1832,1442,0212,2022,1662,1272,0942,3912,4942,5262,3432,3782,375
Selling, general and administrative539574610650686697688657765641642671690742826744807815
Operating income7108557888989711,0271,5331,0101,0481,1441,0911,1661,2041,1271,4141,1071,001993
Interest expense3129313626274659688882818290127122103103
Income before tax6828297608659471,0021,4899339771,0421,0091,0811,1141,0171,2981,081885894
Income tax233257247274288318422264260207182178276234274212170173
Net income4495725135916596841,0676697178358279038387831,024869715721
Diluted EPS$0.81$1.04$1.19$1.38$1.53$1.28$2.09$1.37$1.48$1.73$1.72$1.88$1.74$1.63$2.14$1.84$1.53$1.56
Diluted shares (average)557m549m540m537m538m533m511m488m484m482m480m481m481m480m477m473m467m463m
EBITDA7699118379491,0211,0781,5891,0681,1121,2161,1651,2431,2831,2071,5011,1941,0931,086

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Brown–Forman's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Brown–Forman.