Brown Forman (BF-B) Operating Expenses (2009 - 2026)
Brown Forman (BF-B) reported Operating Expenses of $259.0 million for Q2 2026, up 17.73% year-over-year from $220.0 million in Q2 2025, and up 38.5% sequentially from $187.0 million in Q1 2026.
Brown Forman (BF-B) Operating Expenses (2009 - 2026) Analysis & Trends
Brown Forman has disclosed Operating Expenses across 18 years of filings, most recently posting $259.0 million for Q2 2026.
- Quarterly Operating Expenses rose 17.73% year-over-year to $259.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $826.0 million (up 2.74% YoY) and the FY2026 annual result came in at $826.0 million, up 2.74% from the prior year.
- Operating Expenses improved to $259.0 million in Q2 2026, from $187.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $259.0 million in Q2 2026 and bottomed at $162.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $191.5 million (2023), against an average of $197.5 million.
- The widest YoY moves for Operating Expenses: up 17.73% in 2026, down 10.53% in 2026.
- Brown Forman's Operating Expenses stood at $180.0 million in 2022, then gained by 6.67% to $192.0 million in 2023, then slipped by 2.6% to $187.0 million in 2024, then advanced by 2.14% to $191.0 million in 2025, then soared by 35.6% to $259.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $259.0 million, $187.0 million, and $191.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 179,394,718.17 Bn | 179,394,718.17 Bn | - | - |
| 2 | Sndl | 2.36 Bn | 2.20 Bn | 38.51 Mn | 34.11 Mn |
| 3 | Mgp Ingredients | 351.86 Mn | 339.85 Mn | 33.58 Mn | 21.07 Mn |
| 4 | Agencia Comercial Spirits | 246.49 Mn | 230.66 Mn | - | - |
| 5 | LQR House | 18.69 Mn | 14.23 Mn | -22,236.00 | 2.89 Mn |
| 6 | Willamette Valley Vineyards | 13.89 Mn | 13.49 Mn | 5.03 Mn | 5.71 Mn |
| 7 | Epsium Enterprise | 5.34 Mn | 3.32 Mn | - | - |
| 8 | Splash Beverage | 854,741.06 | 473,546.06 | 1,848.00 | 980,818.00 |
| 9 | Diageo | - | - | - | - |
| 10 | Brown Forman | - | - | 571.00 Mn | 259.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 259.00 Mn |
| Jan 31, 2026 | 187.00 Mn |
| Oct 31, 2025 | 191.00 Mn |
| Jul 31, 2025 | 189.00 Mn |
| Apr 30, 2025 | 220.00 Mn |
| Jan 31, 2025 | 209.00 Mn |
| Oct 31, 2024 | 187.00 Mn |
| Jul 31, 2024 | 188.00 Mn |
| Apr 30, 2024 | 231.00 Mn |
| Jan 31, 2024 | 203.00 Mn |
| Oct 31, 2023 | 192.00 Mn |
| Jul 31, 2023 | 200.00 Mn |
| Apr 30, 2023 | 201.00 Mn |
| Jan 31, 2023 | 186.00 Mn |
| Oct 31, 2022 | 180.00 Mn |
| Jul 31, 2022 | 175.00 Mn |
| Apr 30, 2022 | 195.00 Mn |
| Jan 31, 2022 | 162.00 Mn |
| Oct 31, 2021 | 165.00 Mn |
| Jul 31, 2021 | 168.00 Mn |