Filing Flows › Constellation Brands (STZ) › Q4 FY25
Constellation Brands (STZ) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Apr 23, 2025
Constellation Brands (STZ) reported revenue of $2.3B for the fourth quarter fiscal 2025 (Q4 FY25), +0.5% from a year earlier and -13% from the quarter before. Operating margin was -6.5%, net loss $371M (16.0% of revenue).
Constellation Brands, Q4 FY25: revenue $2.3B (+0.5% year over year), operating margin -6.5%, net loss $371M, operating cash flow $595M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -13% | +0.5% |
| Operating profit | −$150M | — | — |
| Net earnings | −$371M | — | — |
| Operating cash flow | $595M | -13% | +37% |
| Free cash flow | $312M | -32% | +311% |
What changed
Revenue was $2.3B in Q4 FY25, up 1% year over year and down 13% from the previous quarter.
Gross margin was 48.2%, up 3.0 points from a year earlier. Operating costs exceeded revenue by $0.15B, an operating margin of -6.5%. Operating expenses grew 209% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+4931%). The quarter ended with a net loss of $0.37B, after a profit of $0.63B the previous quarter. Net interest and other expense of $0.19B was the main reason.
Operating cash flow was $0.59B (up 37% year over year). Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.85B. Capital expenditures of $0.28B left free cash flow of $0.31B.
Questions
What was Constellation Brands' revenue in the fourth quarter fiscal 2025?
Constellation Brands (STZ) reported revenue of $2.3B for the fourth quarter fiscal 2025 (Q4 FY25), +0.5% from a year earlier and -13% from the quarter before.
Was Constellation Brands profitable in the fourth quarter fiscal 2025?
Operating loss was $150M (-6.5% of revenue) and net loss $371M.