Operating Income
Operating Income
Constellation Brands Operating Income decreased by 36.2% to $441.60M in Q4 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2026), Operating Income shows an upward trend with a 5.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
Metric ID:
operating_incomeHistorical Data
19 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $75.10M | $739.20M | $839.90M | $677.50M | $816.40M | $813.10M | $746.70M | $466.70M | $764.70M | $978.70M | $796.90M | $629.40M | $941.60M | -$1.23B | $793.00M | $713.80M | $874.00M | $692.00M | $441.60M |
| QoQ Change | — | +884.3% | +13.6% | -19.3% | +20.5% | -0.4% | -8.2% | -37.5% | +63.9% | +28.0% | -18.6% | -21.0% | +49.6% | -230.6% | +164.5% | -10.0% | +22.4% | -20.8% | -36.2% |
| YoY Change | — | — | — | — | +987.1% | +10.0% | -11.1% | -31.1% | -6.3% | +20.4% | +6.7% | +34.9% | +23.1% | -225.6% | -0.5% | -24.2% | +171.1% | -12.7% | — |
Range-$1.23B – $978.70M
CAGR+48.2%
Avg YoY Growth+67.3%
Median YoY Growth+3.1%
Current Streak2 quarters decline
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Beer | $923.00M | $1.08B | $769.90M | $623.80M | $873.40M | $951.60M | $763.50M | $572.50M |
| Corporate Operations and Other | -$58.70M | -$58.40M | -$62.90M | -$64.60M | -$57.50M | -$45.60M | -$58.30M | -$66.90M |
| Wine and Spirits | $59.70M | $70.50M | $95.20M | $99.70M | -$6.00M | -$19.80M | $33.70M | $2.60M |
| Total | $941.60M | -$1.23B | $793.00M | — | $713.80M | $874.00M | $692.00M | $441.60M |
Operating Income at Other Companies
Frequently Asked Questions
- What is Constellation Brands's operating income?
- Constellation Brands (STZ) reported operating income of $441.60M in Q4 2025.
- What is the long-term trend for Constellation Brands's operating income?
- Over 3 years (2022 to 2026), Constellation Brands's operating income has grown at a 5.3% compound annual growth rate (CAGR), from $2.33B to $2.72B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.