Business Segments · Cost of product sold

Wine and Spirits — Cost of product sold

Constellation Brands Wine and Spirits — Cost of product sold decreased by 11.5% to -$119.30M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from -$255.50M to -$119.30M. Over 3 years (FY 2023 to FY 2026), Wine and Spirits — Cost of product sold shows an upward trend with a -22.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

Lower costs relative to sales indicate improved production efficiency or favorable input pricing.

Detailed definition

The direct costs attributable to the production and procurement of wine and spirits, including raw materials, labor, and...

Peer comparison

Equivalent to Cost of Goods Sold (COGS) in standard financial reporting for manufacturing firms.

Metric ID: stz_segment_wine_and_spirits_cost_of_product_sold

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$265.10M-$265.10M-$265.10M-$265.10M-$240.78M-$240.78M-$240.78M-$240.78M-$220.30M-$224.70M-$226.10M-$255.50M-$184.40M-$81.20M-$107.00M-$119.30M
QoQ Change+0.0%+0.0%+0.0%+9.2%+0.0%+0.0%+0.0%+8.5%-2.0%-0.6%-13.0%+27.8%+56.0%-31.8%-11.5%
YoY Change+9.2%+9.2%+9.2%+9.2%+8.5%+6.7%+6.1%-6.1%+16.3%+63.9%+52.7%+53.3%
Range-$265.10M-$81.20M
CAGR-19.2%
Avg YoY Growth+19.8%
Median YoY Growth+9.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Constellation Brands's wine and spirits — cost of product sold?
Constellation Brands (STZ) reported wine and spirits — cost of product sold of -$119.30M in Q4 2025.
How has Constellation Brands's wine and spirits — cost of product sold changed year-over-year?
Constellation Brands's wine and spirits — cost of product sold increased by 53.3% year-over-year, from -$255.50M to -$119.30M.
What is the long-term trend for Constellation Brands's wine and spirits — cost of product sold?
Over 3 years (2023 to 2026), Constellation Brands's wine and spirits — cost of product sold has grown at a -22.6% compound annual growth rate (CAGR), from -$1.06B to -$491.90M.
What does wine and spirits — cost of product sold mean?
The direct costs incurred to produce or acquire the wine and spirits sold.