Brown–Forman (BF.B) Q1 2026 10-Q Quarterly Report

Filed: Mar 4, 2026Period ending Jan 31, 2026
Consumer Staples
BeveragesSEC EDGAR

Brown–Forman (BF.B) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Mar 4, 2026 for the fiscal period ending Jan 31, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Brown–Forman Q1 2026 10-Q Analysis

Management Discussion & Analysis

  • Q3 FY2026 net sales $1.056B, up 2% YoY ($21M increase); 9-month net sales $3.0B, down 2% YoY ($65M decline)
  • Q3 operating margin 32.1% vs 27.1% YoY (+5.0pp); 9-month operating margin 30.0% vs 29.3% YoY (+0.7pp); gross margin 60.6% vs 59.8% (Q3) and 59.9% vs 59.4% (9-month)
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Risk Factors

  • No material changes to risk factors since 2025 Form 10-K filing
  • Key carried-forward risk: tariff/trade policy exposure across Brown-Forman's international spirits portfolio
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Brown–Forman Q1 2026 Quarterly Financials
XBRL

Revenue

$1.1B

+2.0% YoY +1.9% QoQ

Net Income

$267M

-1.1% YoY +19.2% QoQ

Gross Margin

60.6%

+80bp YoY +124bp QoQ

Operating Margin

32.2%

+514bp YoY +276bp QoQ

Net Margin

25.3%

-80bp YoY +366bp QoQ

ROE

6.5%

+112bp QoQ

Total Assets

$8.3B

+1.0% QoQ

EPS (Diluted)

$0.58

+1.8% YoY +23.4% QoQ

Operating Cash Flow

$417M

+31.5% YoY +215.9% QoQ

Source: XBRL data from Brown–Forman Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.

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