How Brown–Forman makes money

Period

FY2026

How does Brown–Forman make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Brown–Forman · FY2026 · year ended 2026-04-30

Revenue$3.9BGross profit$2.4B · 61%Cost of revenue$1.6B · 39%Operating income$1.0B · 25%Operating expenses$1.4B · 35%SG&A$807M · 21%Other opex$570M · 15%Pre-tax income$885M · 23%Other expense$116M · 3%Net income$715M · 18%Income tax$170M · 4%Whiskey$2.9B · 74%Ready To Drink$542M · 14%Tequila$251M · 6%Restofportfolio$201M · 5%Nonbrandedandbulk$33M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.