Brown Forman (BF-A) earnings
- Jul 2026
- Apr 2026
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 911 | −1.4% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 27.7 | −0.5 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 176 | +3.5% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
$30.13 −2.52% · −$0.78
Performance +8.8% 1Y
1Y: $27.69 on 22 Oct 2025 → $30.13. High $30.91 (22 Oct 2026), low $23.2 (24 Mar 2026).
- Previous close
- $30.91
- 52-week range
- $23.2 – $30.91
- One year
- +8.65%
Overview
- Symbol
- BF-A
- Sector
- Consumer Staples
- Exchange
- US
- Currency
- USD
Financials
What the filings say
Net profit, year on year: +4% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,095 | 1,035 | 894 | 924 | 1,036 | 1,056 | 912 | 911 |
| Operating profit | 341 | 280 | 205 | 260 | 305 | 340 | 96 | 252 |
| Operating margin | 31.1% | 27.1% | 22.9% | 28.1% | 29.4% | 32.2% | 10.5% | 27.7% |
| Interest | 32 | 31 | 27 | 25 | 26 | 26 | 26 | 25 |
| Profit before tax | 313 | 332 | 183 | 220 | 279 | 315 | 71 | 229 |
| Tax rate | 17.6% | 18.7% | 20.2% | 22.7% | 19.7% | 15.2% | 23.9% | 23.1% |
| Net profit | 258 | 270 | 146 | 170 | 224 | 267 | 54 | 176 |
| EPS ($ per share) | 0.55 | 0.57 | — | 0.36 | 0.47 | 0.58 | — | 0.38 |
| Line item | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 2,238 | 2,708 | 3,243 | 3,242 | 3,643 | 4,261 | 4,710 | 4,998 |
| Total liabilities | 3,492 | 3,791 | 3,866 | 3,636 | 4,509 | 4,649 | 4,093 | 3,874 |
| Fixed assets | 816 | 848 | 832 | 875 | 1,031 | 1,074 | 1,095 | 1,116 |
| Total assets | 5,139 | 5,766 | 6,522 | 6,373 | 7,777 | 8,166 | 8,086 | 7,894 |
| Line item | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 800 | 724 | 817 | 936 | 640 | 647 | 598 | 1,000 |
| Cash from investing | -119 | -141 | 98 | -127 | -1,355 | 49 | 249 | -71 |
| Cash from financing | -599 | -191 | -485 | -1,038 | 239 | -618 | -843 | -1,074 |
| Net cash flow | 68 | 368 | 475 | -276 | -490 | 72 | 7 | -136 |
| Capital expenditure | -119 | -113 | -62 | -138 | -183 | -228 | -167 | -107 |
| Free cash flow | 681 | 611 | 755 | 798 | 457 | 419 | 431 | 893 |
BF-A revenue by segment
Ready To Drink grew from 12% to 17% of revenue over the last two years.
| Segment | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Whiskey | 70% | 72% | 73% | 71% | 74% | 75% | 74% | 72% | -0.2% |
| Ready To Drink | 12% | 12% | 12% | 14% | 13% | 14% | 14% | 17% | +20.3% |
| Tequila | 7% | 7% | 7% | 7% | 6% | 6% | 7% | 6% | -12.9% |
| Restofportfolio | 8% | 7% | 5% | 7% | 5% | 4% | 5% | 4% | -36.1% |
| Nonbrandedandbulk | 3% | 2% | 3% | 2% | 1% | 1% | <1% | 1% | -57.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q1 FY2027 · share of revenue
- US 41% ↓ 4 pt
- Emerging 27% ↑ 5 pt
- Developed International 26%
- Travel Retail 5% ↑ 1 pt
- Nonbrandedandbulk 1% ↓ 2 pt
As BF-A cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
28 filings between Dec 4, 2025 and May 27, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$1.47M
4 sales by 1 insider
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 11
- Award — granted as compensation
- 1
- Option exercise — converted options into shares
- 12
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Whiting Lawson E | — | $1.47M | Feb 12, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 27, 2026 | Whiting Lawson E President & CEO | Award | 36,389 | $0 |
| May 27, 2026 | Graven Christina M EVP, Chief Strategy | Tax withheld | 607 | $15.7K |
| May 27, 2026 | Whiting Lawson E President & CEO | Tax withheld | 16,494 | $440.7K |
| May 27, 2026 | Masick Michael Andrew EVP/Pres., Americas | Award | 611 | $0 |
| May 27, 2026 | Farrer Marshall Director | Award | 4,518 | $0 |
| May 27, 2026 | Farrer Marshall Director | Tax withheld | 2,176 | $58.1K |
| May 27, 2026 | Masick Michael Andrew EVP/Pres., Americas | Tax withheld | 276 | $7.2K |
| May 27, 2026 | Nall Timothy M EVP, Chief Supp/Tech | Award | 3,010 | $0 |
| May 27, 2026 | Nall Timothy M EVP, Chief Supp/Tech | Tax withheld | 1,065 | $28.5K |
| May 27, 2026 | Peterson Crystal L EVP, Chief Incl/Global Comm | Award | 1,367 | $0 |
| May 27, 2026 | Peterson Crystal L EVP, Chief Incl/Global Comm | Tax withheld | 616 | $16.5K |
| May 27, 2026 | Shepherd Jeremy J EVP, Chief Marketing | Award | 3,010 | $0 |
| May 27, 2026 | Shepherd Jeremy J EVP, Chief Marketing | Tax withheld | 1,357 | $36.3K |
| May 27, 2026 | Pafilis Yiannis EVP, Pres., EU, Africa, Asia | Award | 272 | $0 |
| May 27, 2026 | Pafilis Yiannis EVP, Pres., EU, Africa, Asia | Tax withheld | 95 | $2.5K |
| May 27, 2026 | Pafilis Yiannis EVP, Pres., EU, Africa, Asia | Award | 508 | $0 |
| May 27, 2026 | Pafilis Yiannis EVP, Pres., EU, Africa, Asia | Tax withheld | 177 | $4.6K |
| May 27, 2026 | Carr Michael E Jr EVP, General Counsel,Secretary | Award | 611 | $0 |
| May 27, 2026 | Carr Michael E Jr EVP, General Counsel,Secretary | Tax withheld | 245 | $6.4K |
| May 27, 2026 | Nguyen Diane F EVP, Chief Ppl & Comm | Award | 1,346 | $0 |
| May 27, 2026 | Nguyen Diane F EVP, Chief Ppl & Comm | Tax withheld | 597 | $15.5K |
| May 27, 2026 | Graven Christina M EVP, Chief Strategy | Award | 1,346 | $0 |
| Apr 30, 2026 | Enyard Angela S SVP, Chief Accounting Officer | Option exercise | 884 | — |
| Apr 30, 2026 | Enyard Angela S SVP, Chief Accounting Officer | Tax withheld | 307 | $7.9K |
| Feb 12, 2026 | Whiting Lawson E President & CEO | Sale 10b5-1 plan | 25,915 | $803.6K |
| Dec 12, 2025 | Whiting Lawson E President & CEO | Sale 10b5-1 plan | 8,834 | $273.9K |
| Dec 4, 2025 | Whiting Lawson E President & CEO | Sale 10b5-1 plan | 7,746 | $240.2K |
| Dec 4, 2025 | Whiting Lawson E President & CEO | Sale 10b5-1 plan | 4,785 | $148.3K |
| Oct 8, 2025 | Farrer Marshall Director | Gift | 2,720 | $0 |
| Oct 8, 2025 | Farrer Marshall Director | Gift | 1,360 | $0 |
| Oct 8, 2025 | Farrer Marshall Director | Gift | 1,360 | $0 |
| Jul 23, 2025 | Whiting Lawson E President & CEO | Sale 10b5-1 plan | 23,641 | $732.9K |
| Jul 15, 2025 | Musselman William Austin Jr Director | Other | 379,650 | — |
| Jul 15, 2025 | Musselman William Austin Jr Director | Other | 379,650 | — |
| Jul 9, 2025 | Brown Campbell P Director | Gift | 390,000 | $0 |
| Jul 9, 2025 | Brown Campbell P Director | Gift | 390,000 | $0 |
| Jun 2, 2025 | Carr Michael E Jr EVP, General Counsel,Secretary | Tax withheld | 84 | $2.9K |
| Jun 2, 2025 | Enyard Angela S SVP, Chief Accounting Officer | Award | 114 | $0 |
| Jun 2, 2025 | Enyard Angela S SVP, Chief Accounting Officer | Tax withheld | 58 | $2.0K |
| Jun 2, 2025 | Graven Christina M EVP, Chief Strategy | Award | 552 | $0 |
| Jun 2, 2025 | Graven Christina M EVP, Chief Strategy | Tax withheld | 198 | $6.9K |
| Jun 2, 2025 | Masick Michael Andrew EVP/Pres., Americas | Award | 286 | $0 |
| Jun 2, 2025 | Masick Michael Andrew EVP/Pres., Americas | Tax withheld | 88 | $3.1K |
| Jun 2, 2025 | Nguyen Diane F EVP, Chief Ppl & Comm | Award | 552 | $0 |
| Jun 2, 2025 | Nguyen Diane F EVP, Chief Ppl & Comm | Tax withheld | 262 | $9.1K |
| Jun 2, 2025 | Whiting Lawson E President & CEO | Award | 13,004 | $0 |
| Jun 2, 2025 | Whiting Lawson E President & CEO | Tax withheld | 5,989 | $207.3K |
| Jun 2, 2025 | Cunningham Leanne D EVP, Chief Financial Officer | Award | 2,427 | $0 |
| Jun 2, 2025 | Cunningham Leanne D EVP, Chief Financial Officer | Tax withheld | 724 | $25.1K |
| Jun 2, 2025 | Farrer Marshall EVP, Chief Strategic Growth | Tax withheld | 430 | $14.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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