Filing Flows › Brown Forman (BF-B) › Q1 FY27
Brown Forman (BF-B) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 2, 2026
Brown Forman (BF-B) reported revenue of $1.2B for the first quarter fiscal 2027 (Q1 FY27), -0.8% from a year earlier and +2% from the quarter before. Operating margin was 21.3%, net earnings $176M (14.9% of revenue).
Brown Forman, Q1 FY27: revenue $1.2B (-0.8% year over year), operating margin 21.3%, net earnings $176M, operating cash flow $173M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +2% | -0.8% |
| Gross profit | $549M | -4% | -0.5% |
| Operating profit | $252M | +162% | -3% |
| Net earnings | $176M | +226% | +4% |
| Operating cash flow | $173M | -41% | +8% |
| Free cash flow | $161M | — | +25% |
What changed
Revenue was $1.2B in Q1 FY27, down 1% year over year and up 2% from the previous quarter. Whiskey was the largest line at 56% of revenue. Rest of portfolio lost $0.02B year over year (down 36%), 220% of the total change.
Gross margin was 46.5%, up 0.1 points from Q1 FY26. Operating profit was $0.25B, a 21.3% margin (down 0.5 points year over year). Operating expenses grew 2% against a revenue fall of 1%. Net earnings were $0.18B, up 4% year over year. The effective tax rate was 23.1%.
Operating cash flow was $0.17B (up 8% year over year), 98% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $0.03B. After itions to property, plant, and equipment ($0.01B), free cash flow as the company reports it was $0.16B.
Questions
What was Brown Forman's revenue in the first quarter fiscal 2027?
Brown Forman (BF-B) reported revenue of $1.2B for the first quarter fiscal 2027 (Q1 FY27), -0.8% from a year earlier and +2% from the quarter before.
Was Brown Forman profitable in the first quarter fiscal 2027?
Operating profit was $252M (21.3% of revenue) and net earnings $176M.
Source: Brown Forman 10-Q on SEC EDGAR.