Constellation Brands

STZ Consumer Staples Market cap $21.3B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY27 Mar 1 – May 31, 2026 reported Jul 1, 2026

Revenue$2.43B −3% year over year

Gross profit$1.32B 54% margin

Operating profit$0.85B 35% margin

Net profit$0.65B 27% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY27 (period ends May 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.43	100%	−3%
Beer	2.28	94%	+2%
Constellation wines	0.15	6%	−47%
Cost of revenue	−1.11	46%
Gross profit	1.32	54% margin	+4pp
SG&A	−0.46	19%	−1pp
Other	−0.02	1%	+0pp
Operating profit	0.85	35% margin	+6pp
Interest & other costs	−0.10
Tax	−0.09
Net profit	0.65	27% margin	+6pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY26 (period ends Feb 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.92	100%	−11%
Beer	1.73	90%	+1%
Constellation wines	0.19	10%	−58%
Cost of revenue	−0.97	50%
Gross profit	0.95	50% margin	−2pp
SG&A	−0.42	22%	−1pp
Other	−0.09	5%	+0pp
Operating profit	0.44	23% margin	+30pp
Interest & other costs	−0.11
Tax	−0.13
Net profit	0.20	11% margin	+28pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Nov 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.22	100%	−10%
Beer	2.01	90%	−1%
Constellation wines	0.21	10%	−51%
Cost of revenue	−1.04	47%
Gross profit	1.18	53% margin	+1pp
SG&A	−0.49	22%	+2pp
Operating profit	0.69	31% margin	−1pp
Interest & other costs	−0.08
Tax	−0.11
Net profit	0.50	23% margin	−2pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Aug 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.48	100%	−15%
Beer	2.35	95%	−7%
Constellation wines	0.14	5%	−65%
Cost of revenue	−1.17	47%
Gross profit	1.31	53% margin	+1pp
SG&A	−0.44	18%	+1pp
Operating profit	0.87	35% margin	+77pp
Interest & other costs	−0.11
Tax	−0.30
Net profit	0.47	19% margin	+60pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends May 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.52	100%	−6%
Beer	2.24	89%	−2%
Constellation wines	0.28	11%	−28%
Cost of revenue	−1.25	50%
Gross profit	1.27	50% margin	−2pp
SG&A	−0.50	20%	+3pp
Other	−0.05	2%	+0pp
Operating profit	0.71	28% margin	−7pp
Interest & other costs	−0.11
Tax	−0.09
Net profit	0.52	21% margin	−12pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Nov 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	2.46	100%	+0%
Beer	2.03	82%	+3%
Constellation wines	0.43	18%	−14%
Cost of revenue	−1.18	48%
Gross profit	1.28	52% margin	+1pp
SG&A	−0.49	20%	+1pp
Operating profit	0.79	32% margin	+0pp
Interest & other costs	−0.13
Tax	−0.05
Net profit	0.62	25% margin	+4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY27 Mar 1 – May 31, 2026 reported Jul 1, 2026 Operating margin 35% Net profit $0.65B	Mar 1 – May 31, 2026	Jul 1, 2026	$2.43B	−3%	35%	$0.65B	27%
Q4 FY26 Dec 1, 2025 – Feb 28, 2026 reported Apr 22, 2026 Operating margin 23% Net profit $0.20B	Dec 1, 2025 – Feb 28, 2026	Apr 22, 2026	$1.92B	−11%	23%	$0.20B	11%
Q3 FY26 Sep 1 – Nov 30, 2025 reported Jan 8, 2026 Operating margin 31% Net profit $0.50B	Sep 1 – Nov 30, 2025	Jan 8, 2026	$2.22B	−10%	31%	$0.50B	23%
Q2 FY26 Jun 1 – Aug 31, 2025 reported Oct 7, 2025 Operating margin 35% Net profit $0.47B	Jun 1 – Aug 31, 2025	Oct 7, 2025	$2.48B	−15%	35%	$0.47B	19%
Q1 FY26 Mar 1 – May 31, 2025 reported Jul 2, 2025 Operating margin 28% Net profit $0.52B	Mar 1 – May 31, 2025	Jul 2, 2025	$2.52B	−6%	28%	$0.52B	21%
Q3 FY25 Sep 1 – Nov 30, 2024 reported Jan 10, 2025 Operating margin 32% Net profit $0.62B	Sep 1 – Nov 30, 2024	Jan 10, 2025	$2.46B	+0%	32%	$0.62B	25%