Brown Forman (BF-A) Gross Margin (2009 - 2026)
Brown Forman (BF-A) posted quarterly Gross Margin of 231.17% for Q2 2026, down 105133.0% year-over-year from N/an in Q2 2025, and up 404.25% quarter-over-quarter from 45.85% in Q1 2026.
Brown Forman (BF-A) Gross Margin (2009 - 2026) Analysis & Trends
Brown Forman (BF-A) has reported Gross Margin for 18 consecutive years, with 231.17% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 105133.0% year-over-year to 231.17%; the TTM figure through Apr 2026 stood at 82.94% (up 787.0% YoY), while the FY2026 annual figure was 206.07%, up 14712.0% from the prior year.
- Gross Margin advanced to 231.17% in Q2 2026 per BF-A's latest filing, from 45.85% in the prior quarter.
- Across five years, Gross Margin topped out at 1282.5% in Q2 2025 and bottomed at 19.06% in Q2 2023.
- Historically, Gross Margin has averaged 154.28% across 5 years, with a median of 59.58% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 125558 bps — and 2026, when it slumped 105133 bps.
- Brown Forman's Gross Margin stood at 44.29% in 2022, then jumped by 37 bps to 60.61% in 2023, then declined by 3 bps to 59.0% in 2024, then soared by 247 bps to 205.0% in 2025, then advanced by 13 bps to 231.17% in 2026.
- Business Quant data shows BF-A's Gross Margin at 231.17% in Q2 2026, 45.85% in Q1 2026, and 205.0% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 210.11 Bn | 203.30 Bn | - | - |
| 2 | Brown Forman | 13.51 Bn | 13.21 Bn | 571.00 Mn | 49.27% |
| 3 | Mgp Ingredients | 387.51 Mn | 369.72 Mn | 46.47 Mn | 37.37% |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | 42.11% |
| 6 | Epsium Enterprise | 13.36 Mn | 7.57 Mn | - | - |
| 7 | Willamette Valley Vineyards | 10.76 Mn | 10.76 Mn | - | - |
| 8 | Splash Beverage | 536,097.50 | 154,902.50 | 1,848.00 | 43.75% |
| 9 | LQR House | 373,908.50 | -4.09 Mn | -22,236.00 | -9.99% |
| 10 | Sndl | 356,122.25 | -146.61 Mn | 40.74 Mn | 23.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 231.17% |
| Jan 31, 2026 | 45.85% |
| Oct 31, 2025 | 205.00% |
| Jul 31, 2025 | 59.74% |
| Apr 30, 2025 | 1,282.50% |
| Jan 31, 2025 | 59.81% |
| Oct 31, 2024 | 59.00% |
| Jul 31, 2024 | 59.41% |
| Apr 30, 2024 | 26.92% |
| Jan 31, 2024 | 59.40% |
| Oct 31, 2023 | 60.61% |
| Jul 31, 2023 | 226.04% |
| Apr 30, 2023 | 19.06% |
| Jan 31, 2023 | 57.72% |
| Oct 31, 2022 | 44.29% |
| Jul 31, 2022 | 61.77% |
| Apr 30, 2022 | 29.20% |
| Jan 31, 2022 | 189.63% |
| Oct 31, 2021 | 59.36% |
| Jul 31, 2021 | 199.64% |