Business Segments · Operating income (loss)

Wine and Spirits — Operating income (loss)

Constellation Brands Wine and Spirits — Operating income (loss) decreased by 92.3% to $2.60M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 97.4%, from $99.70M to $2.60M. Over 4 years (FY 2022 to FY 2026), Wine and Spirits — Operating income (loss) shows a downward trend with a -61.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ2 2016
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates a healthy, profitable business segment, while losses indicate operational challenges or structural decline.

Detailed definition

The profit or loss generated by the wine and spirits segment after deducting cost of goods sold, marketing, and general...

Peer comparison

Standard segment operating profit metric used across all industries.

Metric ID: stz_segment_wine_and_spirits_operating_income_loss

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$104.20M$100.20M$144.50M$121.80M$91.00M$99.40M$134.80M$127.90M$79.30M$80.70M$127.60M$111.10M$59.70M$70.50M$95.20M$99.70M-$6.00M-$19.80M$33.70M$2.60M
QoQ Change-3.8%+44.2%-15.7%-25.3%+9.2%+35.6%-5.1%-38.0%+1.8%+58.1%-12.9%-46.3%+18.1%+35.0%+4.7%-106.0%-230.0%+270.2%-92.3%
YoY Change-12.7%-0.8%-6.7%+5.0%-12.9%-18.8%-5.3%-13.1%-24.7%-12.6%-25.4%-10.3%-110.1%-128.1%-64.6%-97.4%
Range-$19.80M$144.50M
CAGR-54.0%
Avg YoY Growth-33.7%
Median YoY Growth-13.0%

Frequently Asked Questions

What is Constellation Brands's wine and spirits — operating income (loss)?
Constellation Brands (STZ) reported wine and spirits — operating income (loss) of $2.60M in Q4 2025.
How has Constellation Brands's wine and spirits — operating income (loss) changed year-over-year?
Constellation Brands's wine and spirits — operating income (loss) decreased by 97.4% year-over-year, from $99.70M to $2.60M.
What is the long-term trend for Constellation Brands's wine and spirits — operating income (loss)?
Over 4 years (2022 to 2026), Constellation Brands's wine and spirits — operating income (loss) has grown at a -61.4% compound annual growth rate (CAGR), from $470.70M to $10.50M.
What does wine and spirits — operating income (loss) mean?
The profit earned from the wine and spirits business before interest and taxes.