Constellation Brands income statement
In fiscal 2026, Constellation Brands reported revenue of $9.14bn, down 10.5% on the year before, operating income of $2.72bn (a 29.8% margin) and net income of $1.69bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Feb 2010 | 2011Feb 2011 | 2012Feb 2012 | 2013Feb 2013 | 2014Feb 2014 | 2015Feb 2015 | 2016Feb 2016 | 2017Feb 2017 | 2018Feb 2018 | 2019Feb 2019 | 2020Feb 2020 | 2021Feb 2021 | 2022Feb 2022 | 2023Feb 2023 | 2024Feb 2024 | 2025Feb 2025 | 2026Feb 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.2 | 4.1 | 3.0 | 3.2 | 5.4 | 6.7 | 7.2 | 7.3 | 7.6 | 8.1 | 8.3 | 8.6 | 8.8 | 9.5 | 10.0 | 10.2 | 9.1 | 9.2 |
| Cost of revenue | — | — | — | — | — | — | — | 3.8 | 3.8 | 4.0 | 4.2 | 4.1 | 4.1 | 4.7 | 4.9 | 4.9 | 4.4 | 4.4 |
| Gross profit | 1.1 | 1.2 | 1.1 | 1.1 | 2.0 | 2.6 | 2.9 | 3.5 | 3.8 | 4.1 | 4.2 | 4.5 | 4.7 | 4.8 | 5.0 | 5.3 | 4.7 | 4.8 |
| Selling, general and administrative | 0.7 | 0.6 | 0.5 | 0.6 | 0.9 | 1.1 | 1.2 | 1.4 | 1.5 | 1.7 | 1.6 | 1.7 | 1.7 | 1.9 | 1.8 | 2.0 | 1.8 | 1.9 |
| Operating income | 0.3 | 0.5 | 0.5 | 0.5 | 2.4 | 1.5 | 1.8 | 2.4 | 2.3 | 2.4 | 2.2 | 2.8 | 2.3 | 2.8 | 3.2 | 0.4 | 2.7 | 2.8 |
| Interest expense | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | — | — | — | −0.4 | 0.4 | 0.4 | 0.4 | 0.3 |
| Income before tax | 0.3 | 0.6 | 0.5 | 0.5 | 2.2 | 1.2 | 1.5 | 2.1 | 2.3 | 4.1 | −0.9 | 2.5 | 0.3 | 0.4 | 2.2 | −0.1 | 2.4 | 2.5 |
| Income tax | 0.2 | −0.0 | 0.1 | 0.1 | 0.3 | 0.3 | 0.4 | 0.6 | 0.0 | 0.7 | −1.0 | 0.5 | 0.3 | 0.4 | 0.5 | −0.1 | 0.6 | 0.5 |
| Net income | 0.1 | 0.6 | 0.4 | 0.4 | 1.9 | 0.8 | 1.1 | 1.5 | 2.3 | 3.4 | −0.0 | 2.0 | −0.0 | −0.1 | 1.7 | −0.1 | 1.7 | 1.9 |
| EBITDA | 0.5 | 0.6 | 0.6 | 0.6 | 2.6 | 1.7 | 2.0 | 2.6 | 2.6 | 2.8 | 2.5 | 3.1 | 2.7 | 3.2 | 3.6 | 0.8 | 3.1 | 3.2 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Feb 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,464 | 2,164 | 2,515 | 2,481 | 2,223 | 1,920 | 2,433 | 2,633 |
| Cost of revenue | 1,180 | 1,050 | 1,248 | 1,171 | 1,040 | 969 | 1,112 | 1,240 |
| Gross profit | 1,284 | 1,115 | 1,267 | 1,310 | 1,183 | 952 | 1,321 | 1,393 |
| Selling, general and administrative | 491 | 505 | 501 | 436 | 491 | 421 | 457 | 538 |
| Operating income | 793 | −150 | 714 | 874 | 692 | 442 | 845 | 805 |
| Interest expense | 108 | 100 | 101 | 89 | 87 | 85 | 88 | 85 |
| Income before tax | 674 | −343 | 611 | 783 | 632 | 351 | 760 | 729 |
| Income tax | 45 | 28 | 88 | 297 | 110 | 127 | 88 | 147 |
| Net income | 616 | −375 | 516 | 466 | 503 | 202 | 654 | 566 |
| EBITDA | 912 | −44 | 819 | 977 | 791 | 554 | 943 | 902 |
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