Filing Flows › Brown Forman (BF-B) › Q4 FY26
Brown Forman (BF-B) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 12, 2026
Brown Forman (BF-B) reported revenue of $1.2B for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and -17% from the quarter before. Operating margin was 8.3%, net earnings $54.0M (4.7% of revenue).
Brown Forman, Q4 FY26: revenue $1.2B (+3% year over year), operating margin 8.3%, net earnings $54.0M, operating cash flow $291M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -17% | +3% |
| Gross profit | $571M | -11% | +11% |
| Operating profit | $96.0M | -72% | -53% |
| Net earnings | $54.0M | -80% | -63% |
| Operating cash flow | $291M | -30% | +91% |
| Free cash flow | $265M | -32% | +160% |
What changed
Revenue was $1.2B in Q4 FY26, up 3% year over year and down 17% from the previous quarter. Whiskey was the largest line at 58% of revenue.
Gross margin was 49.3%, up 3.5 points from Q4 FY25. Operating profit was $0.10B, a 8.3% margin (down 10.0 points year over year). Operating profit fell $0.11B even though revenue rose $0.04B versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 54% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+88%). Net earnings were $0.05B, down 63% year over year. The effective tax rate was 23.9%.
Operating cash flow was $0.29B (up 91% year over year), 539% 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 added $0.20B. Capital expenditures of $0.03B left free cash flow of $0.27B.
Questions
What was Brown Forman's revenue in the fourth quarter fiscal 2026?
Brown Forman (BF-B) reported revenue of $1.2B for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and -17% from the quarter before.
Was Brown Forman profitable in the fourth quarter fiscal 2026?
Operating profit was $96.0M (8.3% of revenue) and net earnings $54.0M.
Source: Brown Forman 10-K on SEC EDGAR.