Brown-Forman Corporation
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Financial Performance
Revenue
$3.93B
Market Cap
$21.5B
Net Income
$715M
Employees
5,600
Brown-Forman is navigating a severe post-pandemic normalization in the global spirits industry. The maker of Jack Daniel's, led by CEO Lawson E. Whiting, generated exactly $4.2 billion in revenue and maintains a $21.5 billion market cap with exactly 5600 employees. The financial narrative in 2026 is defined by significant headwinds: a global consumer spending slowdown has reduced demand for premium spirits, leading to brutal distributor inventory destocking, particularly in the United States. To defend its lucrative margins, Brown-Forman is leaning heavily into its pricing power and expanding its portfolio of ultra-premium tequilas (Herradura) and single malt scotches to capture the remaining high-end consumer spend.
Revenue Trend Analysis
YoY Change
-1.2%
2-Year CAGR
-3%
Peak Year
2024
Trend
Declining Trend
Brown-Forman Corporation has reported revenue across 3 fiscal years, compounding at -3% annually over 2 years. The most recent year saw a 1.2% decline versus the prior year. Revenue peaked in 2024 at $4.2B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2026 | $3.9B | $715M | -1.2% |
| FY2025 | $4.0B | $869M | -4.9% |
| FY2024 | $4.2B | $1.0B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Brown-Forman Corporation reported approximately $4.2B in fiscal year 2026 with a team of 5,600 employees worldwide.
Brown-Forman Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Distilled Spirits and Wines is driven by steady cash generation and pricing power, enabling Brown-Forman Corporation to reinvest in high-return strategic initiatives.
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CorpDigest. "Brown-Forman Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/brown-forman/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Brown-Forman Corporation reported $4B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/brown-forman/financials" target="_blank" rel="noopener">CorpDigest — Brown-Forman Corporation financials</a></div>