Constellation Brands Q3 FY26: where the revenue came from and where it went
The whole income statement of Constellation Brands for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 1 – Nov 30, 2025
- Reported
- Jan 8, 2026
Revenue$2.22B
−10% year over year
Gross profit$1.18B
53% margin
Operating profit$0.69B
31% margin
Net profit$0.50B
23% margin
The numbers
| 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 |
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