In Q2 of fiscal 2027, the quarter ended Aug 31, 2026, Constellation Brands, Inc. reported revenue of $2.6 billion, up 6.1% from the same quarter a year earlier. Net income was $565.8 million, a profit margin of 21.5%. Operating income came to $805.0 million, an operating margin of 30.6%.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.
| Line |
TTM
Aug 31, 2026
|
Q2 FY2027
Aug 31, 2026
|
Q1 FY2027
May 31, 2026
|
Q4 FY2026
Feb 28, 2026
|
Q3 FY2026
Nov 30, 2025
|
Q2 FY2026
Aug 31, 2025
|
Q1 FY2026
May 31, 2025
|
Q4 FY2025
Feb 28, 2025
|
Q3 FY2025
Nov 30, 2024
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
9,209
-4.3%
|
2,633
+6.1%
|
2,433
-3.3%
|
1,920
-11.3%
|
2,223
-9.8%
|
2,481
-15.0%
|
2,515
-5.5%
|
2,164
-5.9%
|
2,464
-0.3%
|
| Cost of revenue |
4,360
-6.2%
|
1,240
+5.9%
|
1,112
-10.9%
|
968
-7.7%
|
1,040
-11.9%
|
1,171
-16.8%
|
1,248
-0.8%
|
1,050
-4.6%
|
1,180
-1.7%
|
| Gross profit |
4,848
-2.6%
|
1,393
+6.3%
|
1,321
+4.3%
|
952
-14.6%
|
1,183
-7.9%
|
1,310
-13.3%
|
1,267
-9.8%
|
1,115
+7.3%
|
1,284
+1.1%
|
| Selling, general and administrative |
1,907
-1.4%
|
538
+23.4%
|
457
-8.7%
|
420
-16.8%
|
491
-0.0%
|
436
-11.2%
|
501
+8.3%
|
505
+28.0%
|
491
+3.7%
|
| Operating income |
2,784
+24.8%
|
805
-7.9%
|
845
+18.4%
|
442
+393.8%
|
692
-12.7%
|
874
+171.1%
|
714
-24.2%
|
-150
-123.9%
|
793
-0.5%
|
| Pretax income |
2,473
+43.3%
|
729
-6.8%
|
760
+24.3%
|
351
+202.5%
|
632
-6.1%
|
783
+158.7%
|
611
-33.6%
|
-343
-169.5%
|
674
+3.5%
|
| Income tax |
472
+3.3%
|
147
-50.4%
|
88
+0.6%
|
126
+351.8%
|
110
+147.4%
|
297
+295.0%
|
88
+212.9%
|
28
-68.3%
|
44
-65.8%
|
| Net income |
1,924
+57.4%
|
566
+21.4%
|
654
+26.7%
|
202
+153.8%
|
503
-18.4%
|
466
+138.9%
|
516
-41.2%
|
-375
-195.6%
|
616
+21.0%
|
| Other measures | |||||||||
| Depreciation and amortization |
406
-6.4%
|
97
-5.8%
|
98
-7.2%
|
112
+5.6%
|
99
-16.8%
|
103
-5.9%
|
106
-5.7%
|
106
-0.2%
|
119
+10.1%
|
| EBITDA |
3,190
+19.7%
|
902
-7.7%
|
943
+15.1%
|
554
+1355.6%
|
791
-13.3%
|
977
+187.3%
|
819
-22.2%
|
-44
-106.0%
|
912
+0.8%
|
| Interest coverage |
8.07x
|
9.44x
|
9.64x
|
5.17x
|
7.99x
|
9.82x
|
7.10x
|
—
|
—
|
| Margins | |||||||||
| Gross margin |
52.65%
|
52.91%
|
54.29%
|
49.56%
|
53.23%
|
52.80%
|
50.36%
|
51.51%
|
52.13%
|
| Operating margin |
30.23%
|
30.57%
|
34.75%
|
23.00%
|
31.13%
|
35.23%
|
28.38%
|
-6.94%
|
32.19%
|
| Pretax margin |
26.85%
|
27.70%
|
31.24%
|
18.29%
|
28.45%
|
31.56%
|
24.31%
|
-15.83%
|
27.34%
|
| Profit margin |
20.90%
|
21.49%
|
26.88%
|
10.51%
|
22.62%
|
18.78%
|
20.52%
|
-17.34%
|
25.00%
|
| EBITDA margin |
34.64%
|
34.26%
|
38.77%
|
28.84%
|
35.60%
|
39.38%
|
32.58%
|
-2.04%
|
37.03%
|
| Effective tax rate |
19.08%
|
20.17%
|
11.59%
|
36.02%
|
17.41%
|
37.91%
|
14.33%
|
—
|
6.61%
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Beverages (SIC 2080)
- Listed as
- STZ (NYSE)
- Fiscal year ends
- February 28
- Incorporated in
- DE
- Headquarters
- Rochester, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 16918
- Former names
- CONSTELLATION BRANDS INC (until May 5, 2004); CANANDAIGUA BRANDS INC (until Jan 14, 2000); CANANDAIGUA WINE CO INC (until Jan 31, 1997)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.