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

Constellation Brands' Operating Expenses history runs 18 years deep, the most recent figure standing at $420.5 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 16.78% year-over-year to $420.5 million; the TTM figure through Feb 2026 stood at $1.8 billion (down 5.21% YoY), while the FY2026 annual figure was $1.8 billion, down 5.21% from the prior year.
• Operating Expenses was $420.5 million for Q1 2026 at Constellation Brands, down from $491.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $512.8 million in Q3 2022 to a low of $394.7 million in Q1 2024.
• Historically, Operating Expenses has averaged $471.4 million across 5 years, with a median of $480.2 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses retreated 20.5% in 2024, then grew 28.02% in 2025.
• A 5-year view of Operating Expenses shows it 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 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.