Constellation Brands (STZ) Operating Expenses (2009 - 2026)
Constellation Brands (STZ) posted quarterly Operating Expenses of $457.0 million for Q2 2026, down 8.73% year-over-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.
- In Q2 2026, Operating Expenses fell 8.73% year-over-year to $457.0 million; the TTM figure through May 2026 stood at $1.8 billion (down 9.24% YoY), while the FY2026 annual figure was $1.8 billion, down 5.21% from the prior year.
- Operating Expenses for Q2 2026 stood at $457.0 million, 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.
- The 5-year median for Operating Expenses is $477.0 million (2022), against an average of $470.6 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses fell 20.5% in 2024, then climbed 28.02% in 2025.
- Constellation Brands' Operating Expenses stood at $480.2 million in 2022, then retreated by 1.35% to $473.7 million in 2023, then gained by 3.72% to $491.3 million in 2024, then slipped by 0.02% to $491.2 million in 2025, then dropped by 6.96% to $457.0 million in 2026.
- Business Quant data shows STZ's Operating Expenses at $457.0 million in Q2 2026, $420.5 million in Q1 2026, and $491.2 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,275.21 Bn | 1,902.19 Bn | 252.83 Bn | -49.29 Bn |
| 2 | Constellation Brands | 23.31 Bn | 23.22 Bn | 1.32 Bn | 457.00 Mn |
| 3 | Molson Coors Beverage | 8.04 Bn | 5.91 Bn | 1.06 Bn | 718.50 Mn |
| 4 | Boston Beer | 1.93 Bn | 1.66 Bn | 286.37 Mn | 215.60 Mn |
| 5 | Ambev | 629,199.98 | -3.50 Bn | 2.29 Bn | -749.91 Mn |
| 6 | Anheuser-Busch InBev | 159,507.43 | -7.66 Bn | - | - |
Historic Data
Download 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 |