STZ · Q3 FY26 · Sep 1 – Nov 30, 2025
Constellation Brands Q3 FY26: where the revenue came from and where it went
Constellation Brands Q3 FY26: revenue $2.2B (−10% year over year). Net profit $0.5B. Largest cohort Beer $2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Sep 1 – Nov 30, 2025
- Reported
- Jan 8, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.2B
−10% year over year
Gross profit$1.2B
53% margin
Operating profit$0.7B
31% margin
Net profit$0.5B
23% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.2 | 100% | −10% |
| Beer | 2 | 91% | −1% |
| Constellation Wines and Spirits | 0.2 | 9% | −51% |
| Cost of revenue | −1 | 45% | |
| Gross profit | 1.2 | 53% margin | +1pp |
| SG&A | −0.5 | 22% | +2pp |
| Operating profit | 0.7 | 31% margin | −1pp |
| Tax | −0.1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 0.5 | 23% | −2pp |
Older quarters
-
Q2 FY26 8/2025Revenue $2.5B Net margin 19%
-
Q1 FY26 5/2025Revenue $2.5B Net margin 21%
-
Q3 FY25 11/2024Revenue $2.5B Net margin 25%
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