The financials
Constellation Brands by the numbers
Constellation Brands (STZ) reported revenue of $2.43B in Q1 2027 (quarter ended May 31, 2026), down 3.3% from the same quarter a year earlier. That came with a gross margin of 54% and net income of $654M (27% of revenue). For the full year FY2026, revenue was $9.14B (−10% year on year) and net income $1.69B. Its largest segment in 2026-Q2 was Beer at $2.28B, 94% of the disclosed total, just ahead of Constellation Wines And Spirits at 6.1%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $2.43B | $2.52B | −3.3% |
| Gross profit | $1.32B | $1.27B | +4.3% |
| Operating income | $845M | $714M | +18% |
| Net income | $654M | $516M | +27% |
| Operating | Revenue | Share |
|---|---|---|
| Beer | $2.28B | 94% |
| Constellation Wines And Spirits | $149M | 6.1% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.43B (+9.4%)
Beer grew +2.2% year on yearConstellation Wines And Spirits -47% year on year
Segment Latestquarter on quarteryear on year
- Beer$2.28B$2.28BQoQ +14%year on year +2.2%+14%+2.2%
- Constellation Wines And Spirits$149.2M$149.2MQoQ -30%year on year -47%-30%-47%
- Corporate And Other$0.00$0.00QoQ -year on year ---