Constellation Brands (STZ) Operating Expenses (2009 - 2026)
Constellation Brands' quarterly Operating Expenses came in at $420.5 million in Q1 2026, down 16.78% year-on-year from $505.3 million in Q1 2025, and down 14.39% quarter-over-quarter from $491.2 million in Q4 2025.
Constellation Brands has reported Operating Expenses for 18 years, with the latest figure at $420.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 16.78% year-over-year to $420.5 million; the trailing twelve-month figure through Feb 2026 stood at $1.8 billion (down 5.21% YoY), and the FY2026 full-year result was $1.8 billion, down 5.21% from the prior year.
- Operating Expenses for Q1 2026 stood at $420.5 million, down from $491.2 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 $471.4 million, with a median of $480.2 million recorded in 2022.
- Year-over-year, Operating Expenses slipped 20.5% in 2024 and rose 28.02% in 2025.
- Tracing STZ's Operating Expenses over 5 years: 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 14.39% to $420.5 million in 2026.
- The last three Operating Expenses figures came in at $420.5 million (Q1 2026), $491.2 million (Q4 2025), and $436.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | -58.25 Bn |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | -4,786.00 |
| 3 | Mexican Economic Development | 102.46 Bn | 96.50 Bn | - | - |
| 4 | Constellation Brands | 26.22 Bn | 26.12 Bn | 951.70 Mn | 420.50 Mn |
| 5 | Ambev | 9.36 Bn | 5.68 Bn | 2.42 Bn | -295.42 Mn |
| 6 | Molson Coors Beverage | 8.04 Bn | 7.77 Bn | 897.20 Mn | 610.00 Mn |
| 7 | Boston Beer | 1.99 Bn | 1.83 Bn | 213.96 Mn | 404.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| May 31, 2021 | 378.30 Mn |
| Feb 28, 2021 | 458.40 Mn |
| Nov 30, 2020 | 464.10 Mn |
| Aug 31, 2020 | 399.10 Mn |
| May 31, 2020 | 353.30 Mn |
| Feb 29, 2020 | 370.10 Mn |
| Nov 30, 2019 | 406.30 Mn |
| Aug 31, 2019 | 439.40 Mn |
| May 31, 2019 | 406.00 Mn |
| Feb 28, 2019 | 428.20 Mn |
| Nov 30, 2018 | 413.50 Mn |
| Aug 31, 2018 | 403.20 Mn |
| May 31, 2018 | 423.20 Mn |
| Feb 28, 2018 | 333.40 Mn |
| Nov 30, 2017 | 420.70 Mn |
| Aug 31, 2017 | 351.40 Mn |
| May 31, 2017 | 427.20 Mn |
| Feb 28, 2017 | 348.30 Mn |
| Nov 30, 2016 | 357.40 Mn |
| Aug 31, 2016 | 358.10 Mn |
| May 31, 2016 | 328.60 Mn |
| Feb 29, 2016 | 285.00 Mn |
| Nov 30, 2015 | 286.20 Mn |
| Aug 31, 2015 | 296.20 Mn |
| May 31, 2015 | 309.80 Mn |
| Feb 28, 2015 | 243.90 Mn |
| Nov 30, 2014 | 263.30 Mn |
| Aug 31, 2014 | 293.30 Mn |
| May 31, 2014 | 277.90 Mn |
| Feb 28, 2014 | 219.50 Mn |
| Nov 30, 2013 | 245.90 Mn |
| Aug 31, 2013 | 244.10 Mn |
| May 31, 2013 | 184.70 Mn |
| Feb 28, 2013 | 134.10 Mn |
| Nov 30, 2012 | 152.30 Mn |
| Aug 31, 2012 | 154.70 Mn |
| May 31, 2012 | 144.50 Mn |
| Feb 29, 2012 | 143.70 Mn |
| Nov 30, 2011 | 122.60 Mn |
| Aug 31, 2011 | 137.90 Mn |
| May 31, 2011 | 149.30 Mn |
| Feb 28, 2011 | 134.40 Mn |
| Nov 30, 2010 | 174.90 Mn |
| Aug 31, 2010 | 181.00 Mn |
| May 31, 2010 | 173.70 Mn |
| Feb 28, 2010 | 168.60 Mn |
| Nov 30, 2009 | 208.00 Mn |
| Aug 31, 2009 | 169.50 Mn |