Constellation Brands (STZ) Operating Expenses (2009 - 2026)
Constellation Brands (STZ) posted Operating Expenses of $457.0 million for Q2 2026, up 8.68% on a QoQ basis from $420.5 million in Q1 2026, and down 8.73% year-over-year from $500.7 million in Q2 2025.
Constellation Brands (STZ) Operating Expenses (2009 - 2026) Analysis & Trends
Constellation Brands has reported Operating Expenses for 18 years, with the latest figure at $457.0 million in 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 was $457.0 million for Q2 2026 at Constellation Brands, up from $420.5 million in the prior quarter.
- The five-year high for Operating Expenses was $512.8 million in Q3 2022, with the low at $394.7 million in Q1 2024.
- Average Operating Expenses over 5 years is $470.6 million, with a median of $477.0 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses decreased 20.5% in 2024, then increased 28.02% in 2025.
- Over 5 years, Operating Expenses stood at $480.2 million in 2022, then slipped by 1.35% to $473.7 million in 2023, then climbed by 3.72% to $491.3 million in 2024, then declined by 0.02% to $491.2 million in 2025, then fell by 6.96% to $457.0 million in 2026.
- The last three Operating Expenses figures came in at $457.0 million (Q2 2026), $420.5 million (Q1 2026), and $491.2 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 1.49 Bn |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 9.09 Bn |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 679.19 Mn |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | -724.58 Mn |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | -5.53 Bn |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 46.00 Mn |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 618.19 Mn |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 457.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Constellation Brands Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=STZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "STZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=STZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();