Cash Flow Statement
Growth Metrics

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 🔒
DateValue
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