Filing Flows › Brown Forman (BF-B) › Q4 FY25
Brown Forman (BF-B) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jun 13, 2025
Brown Forman (BF-B) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), -6% from a year earlier and -17% from the quarter before. Operating margin was 18.3%, net earnings $146M (13.0% of revenue).
Brown Forman, Q4 FY25: revenue $1.1B (-6% year over year), operating margin 18.3%, net earnings $146M, operating cash flow $152M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -17% | -6% |
| Gross profit | $513M | -17% | -10% |
| Operating profit | $205M | -27% | -45% |
| Net earnings | $146M | -46% | -45% |
| Operating cash flow | $152M | -52% | -47% |
| Free cash flow | $102M | -62% | -50% |
What changed
Revenue was $1.1B in Q4 FY25, down 6% year over year and down 17% from the previous quarter. Whiskey was the largest line at 58% of revenue.
Gross margin was 45.8%, down 2.0 points from a year earlier. Operating profit was $0.20B, a 18.3% margin (down 13.2 points year over year). Operating expenses grew 59% against a revenue fall of 6%. Net earnings were $0.15B, down 45% year over year. The effective tax rate was 20.2%.
Operating cash flow was $0.15B (down 47% year over year), 104% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $0.05B left free cash flow of $0.10B.
Questions
What was Brown Forman's revenue in the fourth quarter fiscal 2025?
Brown Forman (BF-B) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), -6% from a year earlier and -17% from the quarter before.
Was Brown Forman profitable in the fourth quarter fiscal 2025?
Operating profit was $205M (18.3% of revenue) and net earnings $146M.
Source: Brown Forman 10-K on SEC EDGAR.