Constellation Brands (STZ) Operating Expenses (2009 - 2026)

Constellation Brands' (STZ) quarterly Operating Expenses came in at $457.0 million in Q2 2026, down 8.73% year-on-year from $500.7 million in Q2 2025, and up 8.68% quarter-over-quarter from $420.5 million in Q1 2026.

Constellation Brands (STZ) Operating Expenses (2009 - 2026) Analysis & Trends

Constellation Brands' Operating Expenses history runs 18 years deep, the most recent figure standing at $457.0 million for Q2 2026.

  • On a quarterly basis, Operating Expenses fell 8.73% year-over-year to $457.0 million in Q2 2026; TTM through May 2026 was $1.8 billion, a 9.24% decrease from a year earlier, with the FY2026 full-year figure at $1.8 billion, down 5.21% from the prior year.
  • Operating Expenses improved to $457.0 million in Q2 2026 per STZ's latest filing, from $420.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $512.8 million in Q3 2022 and bottomed at $394.7 million in Q1 2024.
  • The 5-year median for Operating Expenses is $477.0 million (2022), against an average of $470.6 million.
  • Across the five-year window, Operating Expenses slipped 20.5% in 2024 and rose 28.02% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $480.2 million in 2022, then decreased by 1.35% to $473.7 million in 2023, then advanced by 3.72% to $491.3 million in 2024, then dropped by 0.02% to $491.2 million in 2025, then declined by 6.96% to $457.0 million in 2026.
  • Per Business Quant, the three latest STZ Operating Expenses figures stand at $457.0 million (Q2 2026), $420.5 million (Q1 2026), and $491.2 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 United Breweries 4,411.86 Bn 3,770.64 Bn 387.52 Bn -18.39 Bn
2 Mexican Economic Development 1,226.22 Bn 1,220.13 Bn - -
3 Anheuser-Busch InBev 159.97 Bn 147.75 Bn 8.61 Bn -
4 Ambev 47.95 Bn 44.18 Bn 2.42 Bn -700.76 Mn
5 Molson Coors Beverage 7.81 Bn 7.42 Bn 897.20 Mn 610.00 Mn
6 Boston Beer 1.91 Bn 1.65 Bn 286.37 Mn 215.60 Mn
7 NFiniTi 720.00 Mn 719.98 Mn - 73,077.00
8 Constellation Brands 55.83 Mn -40.77 Mn 1.32 Bn 457.00 Mn

Historic Data

Download Data
DateValue
May 31, 2026 457.00 Mn
Feb 28, 2026 420.50 Mn
Nov 30, 2025 491.20 Mn
Aug 31, 2025 436.00 Mn
May 31, 2025 500.70 Mn
Feb 28, 2025 505.30 Mn
Nov 30, 2024 491.30 Mn
Aug 31, 2024 491.20 Mn
May 31, 2024 462.20 Mn
Feb 29, 2024 394.70 Mn
Nov 30, 2023 473.70 Mn
Aug 31, 2023 471.20 Mn
May 31, 2023 493.10 Mn
Feb 28, 2023 496.50 Mn
Nov 30, 2022 480.20 Mn
Aug 31, 2022 512.80 Mn
May 31, 2022 438.60 Mn
Feb 28, 2022 455.10 Mn
Nov 30, 2021 385.80 Mn
Aug 31, 2021 490.50 Mn