BF-BBrown–Forman

Consumer staples · Beverages · NYSE

Employees: 4,900
Headquarters: Louisville, KY
CEO: Lawson E. Whiting
Next results: around Dec 3, 2026

RevenueFY2017–26 $3.9B−1.2% FY2025: $4.0B 10-K FY2026 · XBRL Net incomeFY2017–26 $715.0M−17.7% FY2025: $869.0M 10-K FY2026 · XBRL Free cash flowFY2017–26 $893.0M+107.2% Highest in 10 years 10-K FY2026 · XBRL Operating marginFY2017–26 25.5%−2.4 pts 33.7% in FY2017 10-K FY2026 · XBRL

What changed

10-K filed Jun 12, 2026 against Jun 13, 2025

Area	What changed	Source
Risk factors	7 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	0 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Jun 12, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-06-13. Quoted as filed.

Negative publicity or our inability or failure to recognize, respond to, and effectively manage the increased impact of social media could affect our business performance.
10-K, Item 1A

All 7 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +0.2% vs revenue -1.2% (+1.4 pts)
✓
Cash from operations $1.0B vs net income $715.0M (FY ending 2026-04-30)
✓
Inventory +1.3% vs revenue -1.2% (+2.5 pts)
✓
Same auditor in both 10-Ks: Ernst & Young LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Valuation of Gin Mare and Diplomático Other Intangible Assets
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nothing new. The most recent filings:

Sep 21, 20268-K Material agreement signed, New debt or obligation 8-K items 1.01, 2.03
Sep 2, 20268-K Quarterly results 8-K item 2.02
Sep 2, 202610-Q Quarterly report (10-Q) period ended Jul 31, 2026
Jul 23, 20268-K Shareholder vote results, Regulation FD disclosure 8-K items 5.07, 7.01

Get an email when this changes: new risk paragraphs, accounting items, insider purchases, a new 10-K or 10-Q. RSS feed

Work on BF-B in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/BF-B/export.csv") into a cell.