Constellation Brands, Inc. (STZ) Income Statement
STZ FY2026 at a glance
Fiscal year ended February 28, 2026 · U.S. dollarsSTZ revenue and net income
Where STZ's revenue goes
FY2026Each bar shows an amount and its share of revenue. STZ kept 18.5% of revenue as net income.
STZ profit margins
STZ growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.5% | −1.1% | +1.2% | +3.4% |
| Gross profit | −9.4% | −0.7% | +1.1% | +4.5% |
| Operating income | −20.9% | −1.4% | +0.0% | +4.2% |
| Net income | — | — | −3.3% | +4.8% |
| EPS (diluted) | −14.2% | +3.5% | +3.4% | +8.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
STZ quarterly EPS vs estimates
Constellation Brands beat the analyst EPS estimate in 6 of the last 8 quarters.
STZ income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.14B | $10.21B | $9.96B | $9.45B | $8.82B | $8.61B | $8.34B | $8.12B | $7.58B | $7.33B |
| Cost of revenue | $4.43B | $5.01B | $5.05B | $4.64B | $4.22B | $4.14B | $4.02B | $4.01B | $3.76B | $3.79B |
| Gross profit | $4.71B | $5.20B | $4.91B | $4.81B | $4.60B | $4.47B | $4.32B | $4.10B | $3.82B | $3.54B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $1.75B | $893.0M | $979.3M | $1.80B | $1.67B | $1.63B | $852.3M | $967.3M | $1.53B | $839.6M |
| Total operating expenses | $1.85B | $1.58B | $1.78B | $1.82B | $1.70B | $1.61B | $1.55B | $1.45B | $1.53B | $1.29B |
| Operating income | $2.86B | $3.62B | $3.13B | $2.99B | $2.90B | $2.86B | $2.77B | $2.65B | $2.28B | $2.25B |
| Interest income | $340.0M | $437.7M | $947.2M | $2.44B | $1.99B | $235.4M | $3.10B | $1.73B | $155.2M | $306.0M |
| Interest expense | $352.6M | $411.4M | $433.8M | $397.8M | $352.2M | $382.8M | $428.7M | $414.1M | $336.5M | $331.1M |
| Income before taxes | $2.38B | −$82.8M | $2.22B | $383.6M | $310.4M | $2.54B | −$945.2M | $4.14B | $2.34B | $2.09B |
| Income taxes | $621.0M | −$51.7M | $456.6M | $422.1M | $309.4M | $511.1M | −$966.6M | $685.9M | $22.7M | $554.2M |
| Net income | $1.69B | −$81.4M | $1.73B | −$71.0M | −$40.4M | $2.00B | −$11.8M | $3.44B | $2.30B | $1.54B |
| EBITDA | $3.15B | $781.3M | $3.08B | $1.17B | $1.00B | $3.22B | −$190.0M | $4.89B | $2.97B | $2.66B |
| EPS (diluted) | $11.81 | $13.77 | $12.06 | $10.64 | $10.20 | $9.97 | $9.13 | $9.28 | $8.71 | $6.75 |
| Gross margin | 51.6% | 51.0% | 49.3% | 50.9% | 52.1% | 51.9% | 51.8% | 50.5% | 50.4% | 48.3% |
| Operating margin | 31.3% | 35.5% | 31.5% | 31.6% | 32.9% | 33.2% | 33.2% | 32.7% | 30.1% | 30.7% |
| Net margin | 18.5% | −0.8% | 17.3% | −0.8% | −0.5% | 23.2% | −0.1% | 42.3% | 30.4% | 20.9% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.63B | $2.43B | $1.92B | $2.22B | $2.48B | $2.51B | $2.16B | $2.46B | $2.92B | $2.66B | $2.14B | $2.47B |
| Cost of revenue | $1.24B | $1.11B | $968.5M | $1.04B | $1.17B | $1.24B | $1.06B | $1.21B | $1.42B | $1.32B | $1.13B | $1.18B |
| Gross profit | $1.39B | $1.32B | $951.7M | $1.18B | $1.31B | $1.28B | $1.11B | $1.26B | $1.50B | $1.34B | $1.01B | $1.29B |
| Sales, general & admin | $538.2M | $457.0M | $438.0M | $430.4M | $436.0M | $500.7M | $453.3M | $491.3M | $491.2M | $462.2M | $419.8M | $473.7M |
| Total operating expenses | $588.0M | $475.3M | $452.4M | $491.2M | $436.0M | $478.4M | $229.4M | $475.0M | $409.9M | $461.4M | $382.0M | $453.2M |
| Operating income | $805.0M | $845.3M | $499.3M | $692.0M | $874.0M | $798.3M | $875.8M | $782.6M | $1.09B | $880.1M | $630.9M | $840.7M |
| Interest income | — | $2.2M | $90.4M | $59.7M | $2.4M | $1.7M | $192.3M | $119.4M | — | $2.0M | — | — |
| Interest expense | $83.4M | $85.8M | $82.9M | $86.6M | $89.0M | $100.6M | $100.2M | $104.4M | $104.0M | $102.6M | $102.4M | $104.1M |
| Income before taxes | $729.4M | $760.0M | $351.2M | $632.3M | $782.9M | $611.4M | −$342.6M | $673.6M | −$1.33B | $920.8M | $492.6M | $650.9M |
| Income taxes | $147.1M | $88.1M | $126.5M | $110.1M | $296.8M | $87.6M | $28.0M | $44.5M | −$152.2M | $28.0M | $88.2M | $130.0M |
| Net income | $565.8M | $653.8M | $201.8M | $502.8M | $466.0M | $516.1M | −$375.3M | $615.9M | −$1.20B | $877.0M | $392.4M | $509.1M |
| EBITDA | $909.6M | $971.7M | $546.2M | $817.9M | $973.2M | $817.2M | −$136.5M | $897.0M | −$1.12B | $1.14B | $701.1M | $863.1M |
| EPS (diluted) | $3.74 | $3.43 | $1.90 | $3.06 | $3.63 | $3.22 | $2.63 | $3.25 | $4.32 | $3.57 | $2.26 | $3.19 |
| Gross margin | 52.9% | 54.3% | 49.6% | 53.2% | 52.8% | 50.8% | 51.1% | 51.0% | 51.3% | 50.4% | 47.4% | 52.4% |
| Operating margin | 30.6% | 34.7% | 26.0% | 31.1% | 35.2% | 31.7% | 40.5% | 31.8% | 37.3% | 33.1% | 29.5% | 34.0% |
| Net margin | 21.5% | 26.9% | 10.5% | 22.6% | 18.8% | 20.5% | −17.3% | 25.0% | −41.1% | 32.9% | 18.3% | 20.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in STZ's financial statements (latest annual report filed April 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
STZ financial results
In fiscal year 2026 (ended February 28, 2026), Constellation Brands reported revenue of $9.1 billion, down 10.5% from the year before. It had net income of $1.7 billion, a net profit margin of 18.5%. Diluted earnings per share came to $11.81. Over five years revenue grew at an average rate of 1.2% a year.
See the STZ stock overview for the latest quote and news, or the STZ chart for price history and technical indicators.
STZ income statement FAQ
What is Constellation Brands's annual revenue?
Constellation Brands reported total revenue of $9.1 billion for fiscal year 2026, which ended on February 28, 2026. That was down 10.5% from $10.2 billion the previous year.
Is Constellation Brands profitable?
Yes. Constellation Brands reported net income of $1.7 billion in fiscal 2026, a net profit margin of 18.5%; its operating margin was 31.3%.
What is Constellation Brands's gross margin?
Constellation Brands's gross margin was 51.6% in fiscal 2026: for every $100 of revenue, Constellation Brands kept $52 after the direct cost of its products and services.
How fast is Constellation Brands growing?
Revenue grew 1.2% a year on average over the last five fiscal years, from $8.6 billion to $9.1 billion.
What are Constellation Brands's earnings per share?
Constellation Brands earned $11.81 per diluted share in fiscal 2026, compared with $13.77 a year earlier.
When does Constellation Brands's fiscal year end?
Constellation Brands's fiscal year ends in February. The latest annual report covers the year ended February 28, 2026 and was filed on April 22, 2026.