Brown Forman (BF-A) Operating Income (2009 - 2026)
Brown Forman (BF-A) posted quarterly Operating Income of $96.0 million for Q2 2026, down 53.17% year-over-year from $205.0 million in Q2 2025, and down 71.76% quarter-over-quarter from $340.0 million in Q1 2026.
Brown Forman (BF-A) Operating Income (2009 - 2026) Analysis & Trends
Brown Forman (BF-A) has reported Operating Income for 18 consecutive years, with $96.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 53.17% year-over-year to $96.0 million; the TTM figure through Apr 2026 stood at $1.0 billion (down 9.58% YoY), while the FY2026 annual figure was $1.0 billion, down 9.58% from the prior year.
- Operating Income slipped to $96.0 million in Q2 2026 per BF-A's latest filing, from $340.0 million in the prior quarter.
- Across five years, Operating Income topped out at $375.0 million in Q2 2024 and bottomed at $96.0 million in Q2 2026.
- Historically, Operating Income has averaged $291.2 million across 5 years, with a median of $309.0 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Income soared 115.61% — and 2026, when it plunged 53.17%.
- Brown Forman's Operating Income stood at $313.0 million in 2022, then gained by 8.31% to $339.0 million in 2023, then climbed by 0.59% to $341.0 million in 2024, then fell by 10.56% to $305.0 million in 2025, then tumbled by 68.52% to $96.0 million in 2026.
- Business Quant data shows BF-A's Operating Income at $96.0 million in Q2 2026, $340.0 million in Q1 2026, and $305.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 210.11 Bn | 203.30 Bn | - | - |
| 2 | Brown Forman | 13.51 Bn | 13.21 Bn | 571.00 Mn | 96.00 Mn |
| 3 | Mgp Ingredients | 387.51 Mn | 369.72 Mn | 46.47 Mn | 17.65 Mn |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | 36,000.00 |
| 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 | -978,970.00 |
| 9 | LQR House | 373,908.50 | -4.09 Mn | -22,236.00 | -2.91 Mn |
| 10 | Sndl | 356,122.25 | -146.61 Mn | 40.74 Mn | -5.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 96.00 Mn |
| Jan 31, 2026 | 340.00 Mn |
| Oct 31, 2025 | 305.00 Mn |
| Jul 31, 2025 | 260.00 Mn |
| Apr 30, 2025 | 205.00 Mn |
| Jan 31, 2025 | 280.00 Mn |
| Oct 31, 2024 | 341.00 Mn |
| Jul 31, 2024 | 281.00 Mn |
| Apr 30, 2024 | 375.00 Mn |
| Jan 31, 2024 | 373.00 Mn |
| Oct 31, 2023 | 339.00 Mn |
| Jul 31, 2023 | 327.00 Mn |
| Apr 30, 2023 | 298.00 Mn |
| Jan 31, 2023 | 173.00 Mn |
| Oct 31, 2022 | 313.00 Mn |
| Jul 31, 2022 | 343.00 Mn |
| Apr 30, 2022 | 246.00 Mn |
| Jan 31, 2022 | 347.00 Mn |
| Oct 31, 2021 | 322.00 Mn |
| Jul 31, 2021 | 289.00 Mn |