Brown Forman Quarterly Income Statement
NYSE: BF.AConsumer DefensiveBeverages - Wineries & DistilleriesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Brown Forman revenue and earnings
In the quarter ended Jul 31, 2026, Brown Forman generated $911.0 million in revenue, down 1.4% from the same quarter a year earlier. Net income was $176.0 million (+3.5% year over year), for a net margin of 19.3% versus a median of 18.4% in the prior 5 quarters. Gross margin was 60.3% (up from 59.7%) and operating margin 27.7%.
Diluted earnings per share came in at $0.38, up from $0.36.
Summary generated from market data by MetaCap's automated system. Methodology
Brown Forman income statement (quarterly)
| Quarter (USD) | Q1 20272026-07-31 | Q4 20262026-04-30 | Q3 20262026-01-31 | Q2 20262025-10-31 | Q1 20262025-07-31 | Q4 20252025-04-30 | Q3 20252025-01-31 | Q2 20252024-10-31 | Q1 20252024-07-31 | Q4 20242024-04-30 | Q3 20242024-01-31 | Q2 20242023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 911.00M | 912.00M | 1.06B | 1.04B | 924.00M | 894.00M | 1.03B | 1.09B | 951.00M | 964.00M | 1.07B | 1.11B |
| Revenue growth (YoY) | -1.41% | +2.01% | +2.03% | -5.39% | -2.84% | -7.26% | -3.18% | -1.08% | -8.38% | -7.84% | -1.11% | +1.19% |
| Cost of Revenue | 362.00M | 341.00M | 416.00M | 421.00M | 372.00M | 381.00M | 416.00M | 449.00M | 386.00M | 395.00M | 434.00M | 436.00M |
| Gross Profit | 549.00M | 571.00M | 640.00M | 615.00M | 552.00M | 513.00M | 619.00M | 646.00M | 565.00M | 569.00M | 635.00M | 671.00M |
| Operating Expenses | 297.00M | 475.00M | 300.00M | 310.00M | 292.00M | 308.00M | 339.00M | 305.00M | 284.00M | 194.00M | 262.00M | 332.00M |
| Selling, General & Admin | 185.00M | 259.00M | 184.00M | 187.00M | 177.00M | 193.00M | 178.00M | 185.00M | 188.00M | 231.00M | 203.00M | 192.00M |
| Operating Income | 252.00M | 96.00M | 340.00M | 305.00M | 260.00M | 205.00M | 280.00M | 341.00M | 281.00M | 375.00M | 373.00M | 339.00M |
| Interest Expense | 25.00M | 26.00M | 26.00M | 26.00M | 25.00M | 27.00M | 31.00M | 32.00M | 32.00M | 34.00M | 33.00M | 31.00M |
| Pretax Income | 229.00M | 71.00M | 315.00M | 279.00M | 220.00M | 183.00M | 332.00M | 313.00M | 253.00M | 347.00M | 342.00M | 310.00M |
| Income Tax | 53.00M | 17.00M | 48.00M | 55.00M | 50.00M | 37.00M | 62.00M | 55.00M | 58.00M | 81.00M | 57.00M | 68.00M |
| Net Income | 176.00M | 54.00M | 267.00M | 224.00M | 170.00M | 146.00M | 270.00M | 258.00M | 195.00M | 266.00M | 285.00M | 242.00M |
| Net Income growth (YoY) | +3.53% | -63.01% | -1.11% | -13.18% | -12.82% | -45.11% | -5.26% | +6.61% | -15.58% | +28.50% | +185.00% | +6.61% |
| EPS (Basic) | 0.38 | 0.12 | 0.58 | 0.47 | 0.36 | 0.31 | 0.57 | 0.55 | 0.41 | 0.57 | 0.60 | 0.50 |
| EPS (Diluted) | 0.38 | 0.12 | 0.58 | 0.47 | 0.36 | 0.31 | 0.57 | 0.55 | 0.41 | 0.56 | 0.60 | 0.50 |
| Shares Outstanding (Basic) | 458.82M | — | 462.46M | 471.87M | 472.72M | — | 472.66M | 472.66M | 472.64M | — | 474.81M | 479.20M |
| Shares Outstanding (Diluted) | 459.52M | — | 462.86M | 472.61M | 472.96M | — | 472.89M | 473.06M | 472.94M | — | 475.57M | 480.12M |
| EBITDA | 275.00M | 120.00M | 364.00M | 327.00M | 282.00M | 226.00M | 302.00M | 363.00M | 303.00M | 396.00M | 398.00M | 359.00M |
| Gross Margin | 60.26% | 62.61% | 60.61% | 59.36% | 59.74% | 57.38% | 59.81% | 59.00% | 59.41% | 59.02% | 59.40% | 60.61% |
| Operating Margin | 27.66% | 10.53% | 32.20% | 29.44% | 28.14% | 22.93% | 27.05% | 31.14% | 29.55% | 38.90% | 34.89% | 30.62% |
| Net Margin | 19.32% | 5.92% | 25.28% | 21.62% | 18.40% | 16.33% | 26.09% | 23.56% | 20.50% | 27.59% | 26.66% | 21.86% |
This table shows 12 quarterly periods of Brown Forman's income statement, from Q1 2027 back to Q2 2024, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BF.A's reporting calendar. What is a income statement?