Constellation Brands annual operating expenses
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Constellation Brands Operating Expenses Growth & History (STZ)
Constellation Brands's operating expenses was $1.99B for fiscal 2025.
View full Constellation Brands company overviewConstellation Brands annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-02-28 | $1.99B | −$2.97B | −59.87% |
| 2024 | 2025-02-28 | $4.96B | $3.11B | +168.41% |
| 2023 | 2024-02-29 | $1.85B | −$78.3M | −4.07% |
| 2022 | 2023-02-28 | $1.93B | −$449.5M | −18.92% |
| 2021 | 2022-02-28 | $2.38B | $700.7M | +41.84% |
| 2020 | 2021-02-28 | $1.67B | −$322.5M | −16.15% |
| 2019 | 2020-02-29 | $2.00B | $329.3M | +19.74% |
| 2018 | 2019-02-28 | $1.67B | $135.4M | +8.83% |
| 2017 | 2018-02-28 | $1.53B | $402.7M | +35.64% |
| 2016 | 2017-02-28 | $1.13B | −$47.2M | −4.01% |
| 2015 | 2016-02-29 | $1.18B | $98.8M | +9.16% |
| 2014 | 2015-02-28 | $1.08B | — | — |
| 2012 | 2013-02-28 | $585.4M | $9.8M | +1.70% |
| 2011 | 2012-02-29 | $575.6M | −$112.0M | −16.29% |
| 2010 | 2011-02-28 | $687.6M | −$145.7M | −17.48% |
| 2009 | 2010-02-28 | $833.3M | −$367.1M | −30.58% |
| 2008 | 2009-02-28 | $1.20B | — | — |
Constellation Brands quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-05-31 | $475.3M | −$77.5M | −14.02% |
| Q4 2025 | 2026-02-28 | $510.1M | −$754.9M | −59.68% |
| Q3 2025 | 2025-11-30 | $491.2M | −$100,000 | −0.02% |
| Q2 2025 | 2025-08-31 | $436.0M | −$2.31B | −84.09% |
| Q1 2025 | 2025-05-31 | $552.8M | $90.6M | +19.60% |
| Q4 2024 | 2025-02-28 | $1.26B | $855.2M | +208.69% |
| Q3 2024 | 2024-11-30 | $491.3M | $17.6M | +3.72% |
| Q2 2024 | 2024-08-31 | $2.74B | $2.27B | +481.75% |
| Q1 2024 | 2024-05-31 | $462.2M | −$30.9M | −6.27% |
| Q4 2023 | 2024-02-29 | $409.8M | −$84.7M | −17.13% |
| Q3 2023 | 2023-11-30 | $473.7M | −$6.5M | −1.35% |
| Q2 2023 | 2023-08-31 | $471.2M | −$41.6M | −8.11% |
| Q1 2023 | 2023-05-31 | $493.1M | $54.5M | +12.43% |
| Q4 2022 | 2023-02-28 | $494.5M | $39.4M | +8.66% |
| Q3 2022 | 2022-11-30 | $480.2M | $94.4M | +24.47% |
| Q2 2022 | 2022-08-31 | $512.8M | $22.3M | +4.55% |
| Q1 2022 | 2022-05-31 | $438.6M | −$605.6M | −58.00% |
| Q4 2021 | 2022-02-28 | $455.1M | $20.7M | +4.77% |
| Q3 2021 | 2021-11-30 | $385.8M | −$99.3M | −20.47% |
| Q2 2021 | 2021-08-31 | $490.5M | $113.4M | +30.07% |
| Q1 2021 | 2021-05-31 | $1.04B | $665.9M | +176.02% |
| Q4 2020 | 2021-02-28 | $434.4M | $29.7M | +7.34% |
| Q3 2020 | 2020-11-30 | $485.1M | −$235.2M | −32.65% |
| Q2 2020 | 2020-08-31 | $377.1M | −$89.3M | −19.15% |
| Q1 2020 | 2020-05-31 | $378.3M | −$27.7M | −6.82% |
| Q4 2019 | 2020-02-29 | $404.7M | −$23.5M | −5.49% |
| Q3 2019 | 2019-11-30 | $720.3M | $306.8M | +74.20% |
| Q2 2019 | 2019-08-31 | $466.4M | $63.2M | +15.67% |
| Q1 2019 | 2019-05-31 | $406.0M | −$17.2M | −4.06% |
| Q4 2018 | 2019-02-28 | $428.2M | $94.8M | +28.43% |
| Q3 2018 | 2018-11-30 | $413.5M | −$7.2M | −1.71% |
| Q2 2018 | 2018-08-31 | $403.2M | $51.8M | +14.74% |
| Q1 2018 | 2018-05-31 | $423.2M | −$4.0M | −0.94% |
| Q4 2017 | 2018-02-28 | $333.4M | $247.5M | +288.13% |
| Q3 2017 | 2017-11-30 | $420.7M | $63.3M | +17.71% |
| Q2 2017 | 2017-08-31 | $351.4M | −$6.7M | −1.87% |
| Q1 2017 | 2017-05-31 | $427.2M | $98.6M | +30.01% |
| Q4 2016 | 2017-02-28 | $85.9M | −$199.1M | −69.86% |
| Q3 2016 | 2016-11-30 | $357.4M | $71.2M | +24.88% |
| Q2 2016 | 2016-08-31 | $358.1M | $61.9M | +20.90% |
| Q1 2016 | 2016-05-31 | $328.6M | $18.8M | +6.07% |
| Q4 2015 | 2016-02-29 | $285.0M | $41.1M | +16.85% |
| Q3 2015 | 2015-11-30 | $286.2M | $22.9M | +8.70% |
| Q2 2015 | 2015-08-31 | $296.2M | $2.9M | +0.99% |
| Q1 2015 | 2015-05-31 | $309.8M | $31.9M | +11.48% |
| Q4 2014 | 2015-02-28 | $243.9M | $24.4M | +11.12% |
| Q3 2014 | 2014-11-30 | $263.3M | $17.4M | +7.08% |
| Q2 2014 | 2014-08-31 | $293.3M | — | — |
| Q1 2014 | 2014-05-31 | $277.9M | $92.3M | +49.73% |
| Q4 2013 | 2014-02-28 | $219.5M | $85.1M | +63.32% |
| Q3 2013 | 2013-11-30 | $245.9M | $93.9M | +61.78% |
| Q1 2013 | 2013-05-31 | $185.6M | $41.1M | +28.44% |
| Q4 2012 | 2013-02-28 | $134.4M | −$31.4M | −18.94% |
| Q3 2012 | 2012-11-30 | $152.0M | $29.4M | +23.98% |
| Q2 2012 | 2012-08-31 | $154.5M | $16.6M | +12.04% |
| Q1 2012 | 2012-05-31 | $144.5M | −$4.8M | −3.22% |
| Q4 2011 | 2012-02-29 | $165.8M | $14.7M | +9.73% |
| Q3 2011 | 2011-11-30 | $122.6M | −$59.2M | −32.56% |
| Q2 2011 | 2011-08-31 | $137.9M | −$43.1M | −23.81% |
| Q1 2011 | 2011-05-31 | $149.3M | −$24.4M | −14.05% |
| Q4 2010 | 2011-02-28 | $151.1M | — | — |
| Q3 2010 | 2010-11-30 | $181.8M | −$26.2M | −12.60% |
| Q2 2010 | 2010-08-31 | $181.0M | $11.5M | +6.78% |
| Q1 2010 | 2010-05-31 | $173.7M | — | — |
| Q3 2009 | 2009-11-30 | $208.0M | — | — |
| Q2 2009 | 2009-08-31 | $169.5M | — | — |
Constellation Brands operating expenses trends
Over the last five fiscal years, Constellation Brands's operating expenses increased from $1.67B to $1.99B, a change of $315.2M. The latest reported quarter, Q1 2026, shows $475.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Constellation Brands source filings ↗