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Financials in USD. Standardized financial statements.
A compact view of how Brown-Forman Corporation turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.93B | $3.98B | $4.18B | $4.23B | $3.93B | $3.46B | $3.36B | $3.32B | $3.25B | $2.99B |
| Revenue Growth? | -1.2% | -4.9% | -1.2% | +7.5% | +13.6% | +2.9% | +1.2% | +2.3% | +8.5% | 0.0% |
| Cost of Revenue? | $1.55B | $1.63B | $1.65B | $1.73B | $1.54B | $1.37B | $1.24B | $1.16B | $1.05B | $973.00M |
| Gross Profit? | $2.38B | $2.34B | $2.53B | $2.49B | $2.39B | $2.09B | $2.13B | $2.17B | $2.20B | $2.02B |
| Gross Margin? | +60.5% | +58.9% | +60.5% | +59.0% | +60.8% | +60.5% | +63.2% | +65.2% | +67.8% | +67.5% |
| Operating Expenses? | $1.27B | $1.18B | $1.38B | $1.37B | $1.19B | $928.00M | $1.04B | $1.02B | $1.15B | $1.01B |
| Operating Income? | $1.11B | $1.17B | $1.15B | $1.13B | $1.20B | $1.17B | $1.09B | $1.14B | $1.05B | $1.01B |
| EBITDA? | $1.11B | $1.29B | $1.51B | $1.19B | $1.27B | $1.24B | $1.17B | $1.20B | $1.11B | $1.05B |
| Income Before Tax | $885.00M | $1.08B | $1.30B | $1.02B | $1.11B | $1.08B | $1.01B | $1.04B | $977.00M | $933.00M |
| Income Tax Expense | $170.00M | $212.00M | $274.00M | $234.00M | $276.00M | $178.00M | $182.00M | $207.00M | $260.00M | $264.00M |
| Net Income? | $715.00M | $869.00M | $1.02B | $783.00M | $838.00M | $903.00M | $827.00M | $835.00M | $717.00M | $669.00M |
| EPS? | $1.53 | $1.84 | $2.15 | $1.63 | $1.75 | $1.89 | $1.73 | $1.74 | $1.49 | $1.38 |
| Diluted EPS? | $1.53 | $1.84 | $2.15 | $1.63 | $1.74 | $1.88 | $1.72 | $1.73 | $1.48 | $1.37 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality