Brown-Forman Corporation FY 2026 10-K, explained in plain English
Key financials — as reported
| Total revenue | $3.9B |
| Gross margin | 60.5% |
| Operating income | $1.0B |
| Net income | $715.0M |
| Diluted EPS | $1.53 |
| Cash & equivalents | $308.0M |
| Total assets | $7.9B |
| Long-term debt | $2.4B |
Key takeaway
Fiscal 2026 revenue reached $3.928 billion with a 60.5% gross margin, underscoring the premium positioning of Brown-Forman's spirits portfolio.
🔒 4 more takeaways in the full analysis
Beneath the surface
A $132 million impairment of indefinite-lived intangible assets was recorded, which is not visible in the headline operating income figure but materially reduced profitability.
🔒 4 more insights a headline reader would miss
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