BF.B at a glance
Brown–Forman (BF.B, SEC CIK 14693) filed its latest 10-K annual report on June 12, 2026, a 10-Q quarterly report on September 2, 2026, an 8-K current report on September 21, 2026 and Form 4 insider filings as recently as July 24, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended April 30, 2026 (FY2026), Brown–Forman (BF.B) reported revenue of $3.9 billion (down 1.2% from FY2025) and net income of $715.0 million. Diluted EPS was $1.53.
- As of June 30, 2026, 35 institutional investment managers tracked by SignalX reported holding Brown–Forman (BF.B) shares worth $2.8 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2026
- $3.9B
- −1.2% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 35 funds
- $2.8B · +1 vs prior quarter
- Latest 8-K
- Sep 2, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Apr 30, 2026
Risk Factors
- US tariffs on Canadian imports including Jack Daniel’s, 25% tariff triggering Canadian provincial bans effective March 2025
- Exposure to geopolitical risks from Middle East conflicts and Ukraine sanctions impacting operations in over 170 countries
- Supply chain vulnerability from sole glass bottle supplier and oak barrel supply critical for whiskey production
- Competitive pressure from beer, soft drink, and cannabis companies entering ready-to-drink and spirits markets
- Credit rating downgrade review in November 2025 increasing borrowing costs and reducing capital market access
Business Overview
- Core business: Manufacture, distill, import, market, and sell premium-plus beverage alcohol globally with 40+ spirit and RTD brands including Jack Daniel’s
- New emphasis: Expanded RTD portfolio globally; ended partnership with Pabst Brewing to self-manage Jack Daniel’s Country Cocktails from July 2026
- Strategic shift: Major U.S. distribution network overhaul involving 25 markets and new distributors in 14 open states in FY2026
- Quantitative: Employee count stable at ~4,900; Woodford Reserve sold 1.9 million nine-liter cases in FY2026; U.S. market 42% of net sales
- Noteworthy: Operational anaerobic digester at Jack Daniel’s converting byproducts to renewable energy and fertilizer as part of sustainability efforts
Management Discussion & Analysis
- Revenue $3.93B, down 1% YoY ($47M), with declines in U.S. offset by Emerging market growth and Travel Retail gains
- Gross margin 60.5% vs 58.9% (+1.6pp); operating margin 25.5% vs 27.9% (-2.4pp) due to impairment charges and higher SG&A expenses
- Best segment Emerging markets +20% driven by Mexico, +13% Brazil; worst Non-branded and bulk down 68% from decline in used barrel sales
- Operating cash flow $1.0B (+$402M); Capex $107M; capital returned via $427M dividends and $400M share repurchases completed Dec 2025
- Fiscal 2027 outlook: organic net sales flat; organic operating income down 3-5%; capital expenditures $60-70M; ongoing macroeconomic challenges
AI summary of the BF.B 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jul 31, 2026
Management Discussion & Analysis
- Restructuring initiative approved in fiscal 2025, including approximately 12% workforce reduction
- Louisville-based Brown-Forman Cooperage closure and one-time U.S. early-retirement benefit offered
Risk Factors
- No Risk Factors section provided in the submitted excerpt
- No basis to identify newly added or materially updated risks since the fiscal 2026 10-K
- No regulatory, legal, operational, competitive, market, or financial risks disclosed in the excerpt
AI summary of the BF.B 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q1 fiscal 2026 operating results covered the three months ended July 31, 2026
- Brown-Forman issued the results press release on September 2, 2026
Item 7.01: Regulation FD Disclosure
- Annual meeting voting results disclosed, with details contained in Exhibit 99.1
- Board-approved regular quarterly cash dividend signals continued shareholder distribution
Item 5.07: Submission of Matters to a Vote of Security Holders
- All 11 director nominees elected, preserving board continuity through the next annual meeting
- Support weakest for Tracy L. Skeans, with 138.0 million votes for and 11.96 million against
AI summaries of BF.B 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for BF.B
Don't miss the next BF.B filing
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- Fund moves. Which tracked funds opened, added or cut BF.B, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Shepherd Jeremy J | A | Jul 23, 2026 | 9,231 | - |
| Masick Michael Andrew | A | Jul 23, 2026 | 15,278 | - |
| Nguyen Diane F | A | Jul 23, 2026 | 9,167 | - |
| Pafilis Yiannis | A | Jul 23, 2026 | 7,727 | - |
| Peterson Crystal L | A | Jul 23, 2026 | 3,285 | - |
| Nall Timothy M | A | Jul 23, 2026 | 9,167 | - |
| Enyard Angela S | A | Jul 23, 2026 | 2,450 | - |
| Graven Christina M | A | Jul 23, 2026 | 8,912 | - |
Financial SummaryXBRL
| Metric | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $4.0B | $3.9B |
| Gross Profit | - | $2.3B | $2.4B |
| Operating Income | - | $1.1B | $1.0B |
| Net Income | - | $869.0M | $715.0M |
| Gross Margin | - | 58.9% | 60.5% |
| Op. Margin | - | 27.8% | 25.5% |
| Net Margin | - | 21.9% | 18.2% |
| Balance Sheet | |||
| Total Assets | $8.2B | $8.1B | $7.9B |
| Equity | - | $4.0B | $4.0B |
| ROE | - | 21.8% | 17.8% |
| Per Share | |||
| EPS | - | $1.84 | $1.53 |
| Cash Flow | |||
| Operating CF | - | $598.0M | $1.0B |
| CapEx | $228.0M | $167.0M | $107.0M |
Source: XBRL data in Brown–Forman (BF.B)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate BF.B share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 35 | $2.76B |
| Q1 2026 | 34 | $2.78B |
| Q4 2025 | 33 | $3.14B |
| Q3 2025 | 33 | $3.31B |
| Q2 2025 | 30 | $2.96B |
| Q1 2025 | 28 | $2.67B |
| Q4 2024 | 26 | $2.29B |
| Q3 2024 | 22 | $1.52B |
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- JPMorgan Chase & Co−877.5K (-57%)
- D.E. Shaw & Co−600.7K (-40%)
- Morgan Stanley−502.7K (-13%)
- Mangrove Partners−21.3K
Source: 13F-HR filings on SEC EDGAR (aggregated from 241 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
BF.B filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 21, 2026 | - | - | - |
| 8-K | Sep 2, 2026 | - | Analysis | - |
| 10-Q | Sep 2, 2026 | Jul 31, 2026 | Analysis | |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
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| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 24, 2026 | - | - | - |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| 8-K | Jul 13, 2026 | - | Analysis | - |
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BF.B SEC filings: frequently asked questions
Which institutions hold BF.B stock?
As of June 30, 2026, the largest Brown–Forman (BF.B) holders among the 13F filers tracked by SignalX were Vanguard Capital Management LLC ($389.0 million), Vanguard Portfolio Management LLC ($357.0 million), FMR LLC (Fidelity) ($335.2 million), BlackRock ($324.1 million), State Street Corp ($262.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was BF.B's revenue in fiscal year 2026?
For the fiscal year ended April 30, 2026 (FY2026), Brown–Forman (BF.B) reported revenue of $3.9 billion (down 1.2% from FY2025) and net income of $715.0 million. Diluted EPS was $1.53. The figures come from the XBRL data in the 10-K.
What are the main risks in BF.B's latest 10-K?
In the 10-K filed June 12, 2026, Brown–Forman (BF.B) flagged: US tariffs on Canadian imports including Jack Daniel’s, 25% tariff triggering Canadian provincial bans effective March 2025. Exposure to geopolitical risks from Middle East conflicts and Ukraine sanctions impacting operations in over 170 countries. (AI summary of the Risk Factors section.)
What did BF.B report in its latest 8-K?
Brown–Forman (BF.B) filed an 8-K on September 2, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q1 fiscal 2026 operating results covered the three months ended July 31, 2026.
What are the latest BF.B SEC filings?
Brown–Forman (BF.B) filed its latest 10-K annual report on June 12, 2026, a 10-Q quarterly report on September 2, 2026, an 8-K current report on September 21, 2026 and a Form 4 insider filing on July 24, 2026.
What is BF.B's SEC CIK number?
Brown–Forman (BF.B)'s SEC Central Index Key (CIK) is 14693. EDGAR lists every BF.B filing under that number.
Ask anything about BF.B
The research agent reads BF.B's filings, financials, insider trades and 13F holders, then answers with sources.