CONSTELLATION BRANDS, INC. (STZ) FY2027 Q2 P&L / Income Statement
2026-06-01 to 2026-08-31
Revenue by Business Segment
2026-06-01 to 2026-08-31
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CONSTELLATION BRANDS, INC. (STZ) FY2027 Q2 P&L / Income Statement
Income statement for 2026-06-01 through 2026-08-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales
- 2,633,000,000 US dollars
- Cost of product sold
- 1,240,000,000 US dollars
- Gross profit
- 1,393,000,000 US dollars
- Operating expenses (calculated)
- 588,000,000 US dollars
- Operating income (loss)
- 805,000,000 US dollars
- Other income (expense), net (calculated)
- negative 75,600,000 US dollars
- Income (loss) before income taxes
- 729,400,000 US dollars
- (Provision for) benefit from income taxes
- 147,100,000 US dollars
- Net income (loss) attributable to CBI
- 565,800,000 US dollars
- Beer
- 2,473,600,000 US dollars
- Wine and Spirits
- 159,400,000 US dollars
- Corporate Operations and Other
- 0 US dollars
- Selling, general, and administrative expenses
- 538,200,000 US dollars
- Asset impairment and related expenses
- 49,800,000 US dollars
- Net (income) loss attributable to noncontrolling interests
- negative 16,500,000 US dollars. Reported below-tax contribution to net income.
- Beer costs (calculated)
- 1,509,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Wine and Spirits costs (calculated)
- 153,300,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Corporate Operations and Other costs (calculated)
- 73,700,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 91,600,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

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Gross margin
52.9%
Gross profit / revenue
Operating margin
30.6%
Operating profit / revenue
Cash conversion
144.4%
Operating cash / net income, same period
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