Constellation Brands, Inc. income statement & cash flow
In the fiscal year ended Feb 28, 2026, Constellation Brands, Inc. reported net income of $1.69B on revenue of $9.14B. Operating cash flow was $2.67B and capital expenditures were $875.00M, leaving $1.79B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Feb 2017 | Feb 2018 | Feb 2019 | Feb 2020 | Feb 2021 | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.32B | $7.58B | $8.12B | $8.34B | $8.61B | $8.82B | $9.45B | $9.96B | $10.21B | $9.14B |
| Gross profit | $3.52B | $3.81B | $4.08B | $4.15B | $4.47B | $4.71B | $4.77B | $5.02B | $5.31B | $4.71B |
| Operating income | $2.39B | $2.28B | $2.41B | $2.15B | $2.79B | $2.33B | $2.84B | $3.17B | $354.90M | $2.72B |
| Net income | $1.53B | $2.30B | $3.44B | −$11.80M | $2.00B | −$40.40M | −$71.00M | $1.73B | −$81.40M | $1.69B |
| Operating cash flow | $1.70B | $1.93B | $2.25B | $2.55B | $2.81B | $2.71B | $2.76B | $2.78B | $3.15B | $2.67B |
| Capital expenditures | $907.40M | $1.06B | $886.30M | $726.50M | $864.60M | $1.03B | $1.04B | $1.27B | $1.21B | $875.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Feb 2026 | 51.6% | 29.8% | 18.5% |
| Feb 2025 | 52.1% | 3.5% | -0.8% |
| Feb 2024 | 50.4% | 31.8% | 17.3% |
| Feb 2023 | 50.5% | 30.1% | -0.8% |
| Feb 2022 | 53.4% | 26.4% | -0.5% |
Source: SEC EDGAR XBRL company facts for CIK 16918 (raw data). Most recent filing in this dataset: 10-Q filed Oct 7, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.