Brown-Forman Corporation (BF-B) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	3.9B	3.9B	4.0B	4.2B	4.2B
Cost of Revenue	1.5B	1.6B	1.6B	1.7B	1.7B
Gross Profit	2.4B	2.4B	2.3B	2.5B	2.5B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	1.3B	1.3B	1.2B	1.4B	1.2B
General & Admin Expense	556.0M	—	744.0M	826.0M	742.0M
Selling & Marketing Expense	360.0M	—	484.0M	529.0M	506.0M
Other Expenses	(16.0M)	—	(52.0M)	24.0M	119.0M
Total Operating Expenses	1.3B	1.3B	1.2B	1.4B	1.4B
Cost and Expenses	2.8B	2.8B	2.8B	3.0B	3.1B
Operating Income (EBIT)	1.1B	1.1B	1.2B	1.1B	1.1B
Non-Operating
Interest Income	10.0M	—	17.0M	14.0M	9.0M
Interest Expense	100.0M	89.0M	122.0M	127.0M	90.0M
Net Interest Income	(90.0M)	(89.0M)	(105.0M)	(113.0M)	(81.0M)
Other Non-Op Income/Expense	(226.0M)	(224.0M)	(86.0M)	151.0M	(110.0M)
Non-Operating Income (excl Interest)	126.0M	—	(36.0M)	(278.0M)	20.0M
EBT (Pre-Tax Income)	894.0M	885.0M	1.1B	1.3B	1.0B
Income Tax Expense	173.0M	170.0M	212.0M	274.0M	234.0M
Bottom Line
Net Income	721.0M	715.0M	869.0M	1.0B	783.0M
Earnings from Cont. Ops	721.0M	715.0M	869.0M	1.0B	783.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	721.0M	715.0M	869.0M	1.0B	783.0M
Per Share
Basic EPS	$1.54	$1.53	$1.84	$2.15	$1.63
Diluted EPS	$1.53	$1.53	$1.84	$2.15	$1.63
Revenue Per Share	$8.53	$8.42	$8.41	$8.77	$8.82
Shares
Basic Shares Outstanding	458.7M	466.3M	472.7M	476.4M	479.2M
Diluted Shares Outstanding	459.3M	466.7M	472.9M	477.2M	480.6M
Profitability Metrics
EBITDA	1.1B	1.1B	1.3B	1.5B	1.2B
D&A	69.0M	—	87.0M	87.0M	80.0M
EBIT	994.0M	1.1B	1.2B	1.4B	1.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026