Filing Flows › Constellation Brands (STZ) › How it makes money
How Constellation Brands (STZ) makes money
Constellation Brands (STZ) made $2.8B of revenue in the second quarter fiscal 2027 (Q2 FY27), +6% from a year earlier. Of every dollar of revenue, 49¢ was left as gross profit, 29¢ was left as operating profit, 20¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 FY27 | % of revenue |
|---|---|---|
| Revenue | $2.8B | 100.0% |
| Cost of revenue | $1.4B | 50.5% |
| Gross profit | $1.4B | 49.5% |
| Operating expenses | $588M | 20.9% |
| Operating profit | $805M | 28.6% |
| Income tax | $147M | 5.2% |
| Net earnings | $566M | 20.1% |
| Operating cash flow | $817M | 29.0% |
| Free cash flow | $640M | 22.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 FY27 | $2.8B | +6% |
| Q1 FY27 | $2.6B | -3% |
| Q4 FY26 | $2.0B | -11% |
| Q3 FY26 | $2.4B | -10% |
| Q2 FY26 | $2.7B | -16% |
| Q1 FY26 | $2.7B | -6% |
| Q4 FY25 | $2.3B | +0.5% |
From Constellation Brands' 10-Q filed Oct 7, 2026 (on EDGAR).
Questions
How does Constellation Brands make money?
Constellation Brands (STZ) made $2.8B of revenue in the second quarter fiscal 2027 (Q2 FY27), +6% from a year earlier. Of every dollar of revenue, 49¢ was left as gross profit, 29¢ was left as operating profit, 20¢ was left as net earnings.
What is Constellation Brands' profit margin?
Net earnings were $566M, 20.1% of revenue, in the second quarter fiscal 2027; the operating margin was 28.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.