BrownForman reported QQ4 2025 revenue of $894.0 million, reflecting a year-over-year decline of 7.3% and a quarter-on-quarter drop of 13.6%. Gross profit was $513.0 million with a gross margin of 57.38%, while operating income reached $205.0 million (operating margin 22.93%), and net income was $146.0 million (net margin 16.33%). EPS stood at $0.309, a YoY decline of roughly 44.8%. EBITDA was $144.0 million with an EBITDA margin of 16.11%. The quarter delivered $152.0 million in cash flow from operations and $102.0 million of free cash flow, but also showed a notable weakening in profitability metrics despite a robust brand portfolio. Net debt remained elevated at approximately $2.289 billion, with cash and cash equivalents of about $444 million, and total liquidity supported by ongoing operating cash generation. Management commentary emphasized brand-driven premiumization and disciplined cost management, but the pace of revenue growth paused in the near term amid macro and cost pressures. Absent explicit quarterly guidance, the takeaway is a high-quality asset base facing near-term margin compression, with longer-term upside derived from portfolio strength and international expansion.