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
DateValue
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