Filing Flows › Constellation Brands (STZ) › Q2 FY27 › vs Q2 FY26
Constellation Brands (STZ) Q2 FY27 vs Q2 FY26 (year over year)
Constellation Brands's revenue rose $163M (+6%) from $2.7B in Q2 FY26 to $2.8B in Q2 FY27. Gross margin 49.5% against 49.4% (+0.1 pts).
Constellation Brands, Q2 FY27: revenue $2.8B (+6% year over year), operating margin 28.6%, net earnings $566M, operating cash flow $817M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 49.5% | 49.4% | +0.1 pts |
| Operating margin | 28.6% | 32.9% | -4.4 pts |
| Net margin | 20.1% | 17.6% | +2.5 pts |
| Free cash flow margin | 22.7% | 23.9% | -1.2 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | $163M | +6% |
| Gross profit | $1.4B | $1.3B | $83.0M | +6% |
| Cost of revenue | $1.4B | $1.3B | $79.8M | +6% |
| Operating profit | $805M | $874M | −$69.0M | -8% |
| Operating expenses | $588M | $436M | $152M | +35% |
| Pre-tax earnings | $729M | $783M | −$53.5M | -7% |
| Other expense, net | $75.6M | $91.1M | −$15.5M | -17% |
| Net earnings | $566M | $466M | $99.8M | +21% |
| Minority interests | $16.5M | $20.1M | −$3.6M | -18% |
| Income tax | $147M | $297M | −$150M | -50% |
| Depreciation & amortization | $97.1M | $103M | −$6.0M | -6% |
| Share-based compensation | $19.9M | $21.7M | −$1.8M | -8% |
| Working capital & other | $134M | $261M | −$127M | -49% |
| Operating cash flow | $817M | $852M | −$35.3M | -4% |
| Free cash flow (OCF − capex) | $640M | $635M | $5.1M | +0.8% |
| Capital expenditures | $177M | $217M | −$40.4M | -19% |
Questions
How much did Constellation Brands's revenue grow year over year in Q2 FY27?
Constellation Brands's revenue rose $163M (+6%) from $2.7B in Q2 FY26 to $2.8B in Q2 FY27. Gross margin 49.5% against 49.4% (+0.1 pts).