Filing Flows › Constellation Brands (STZ) › Q1 FY27 › vs Q1 FY26
Constellation Brands (STZ) Q1 FY27 vs Q1 FY26 (year over year)
Constellation Brands's revenue fell $87.1M (-3%) from $2.7B in Q1 FY26 to $2.6B in Q1 FY27. Gross margin 51.0% against 47.3% (+3.7 pts).
Constellation Brands, Q1 FY27: revenue $2.6B (-3% year over year), operating margin 32.6%, net earnings $654M, operating cash flow $662M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 51.0% | 47.3% | +3.7 pts |
| Operating margin | 32.6% | 26.7% | +6.0 pts |
| Net margin | 25.2% | 19.3% | +6.0 pts |
| Free cash flow margin | 18.7% | 16.6% | +2.1 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.6B | $2.7B | −$87.1M | -3% |
| Gross profit | $1.3B | $1.3B | $54.0M | +4% |
| Cost of revenue | $1.3B | $1.4B | −$141M | -10% |
| Operating profit | $845M | $714M | $132M | +18% |
| Operating expenses | $475M | $553M | −$77.5M | -14% |
| Pre-tax earnings | $760M | $611M | $149M | +24% |
| Other expense, net | $85.3M | $102M | −$17.1M | -17% |
| SG&A | $457M | $501M | −$43.7M | -9% |
| Other operating costs | $18.3M | $52.1M | −$33.8M | -65% |
| Net earnings | $654M | $516M | $138M | +27% |
| Minority interests | $18.1M | $7.7M | $10.4M | +135% |
| Income tax | $88.1M | $87.6M | $500K | +0.6% |
| Depreciation & amortization | $97.9M | $106M | −$7.6M | -7% |
| Share-based compensation | $15.0M | $10.4M | $4.6M | +44% |
| Working capital & other | $105M | −$5.2M | $110M | — |
| Operating cash flow | $662M | $637M | $24.6M | +4% |
| Free cash flow (OCF − capex) | $485M | $444M | $40.2M | +9% |
| Capital expenditures | $177M | $193M | −$15.6M | -8% |
Questions
How much did Constellation Brands's revenue grow year over year in Q1 FY27?
Constellation Brands's revenue fell $87.1M (-3%) from $2.7B in Q1 FY26 to $2.6B in Q1 FY27. Gross margin 51.0% against 47.3% (+3.7 pts).