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ZVIA logoZevia PBC(ZVIA)Earnings, Financials & Key Ratios

ZVIA•NYSE
$1.29
$87M mkt cap·Price updated May 7, 2026
SectorConsumer DefensiveIndustryNon-Alcoholic BeveragesSub-IndustryGlobal Soft Drink Brand Owners
AboutZevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated and non-carbonated soft drinks in the United States and Canada. It offers soda, energy drinks, organic tea, mixers, kidz beverages, and sparkling water. The company offers its products through various retail channels, including grocery distributors, national retailers, warehouse club, and natural products retailers, as well as e-commerce channels. It provides its products under the Zevia brand name. The company was founded in 2007 and is headquartered in Encino, California.Show more
  • Revenue$161M+4.0%
  • EBITDA-$9M+60.8%
  • Net Income-$10M+49.6%
  • EPS (Diluted)-0.15+55.9%
  • Gross Margin47.47%+2.3%
  • EBITDA Margin-5.43%+62.3%
  • Operating Margin-5.97%+60.9%
  • Net Margin-6.25%+51.5%
  • ROE-25.67%+32.8%
  • ROIC-58.86%+24.7%
  • Debt/Equity0.02-38.6%
Technical→

ZVIA Key Insights

Zevia PBC (ZVIA) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Efficient asset utilization: 2.5x turnover

✗Weaknesses

  • ✗Profits declining 10.7% over 5 years
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 11 (bottom 11%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 12.5% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ZVIA Price & Volume

Zevia PBC (ZVIA) stock price & volume — 10-year historical chart

Loading chart...

ZVIA Growth Metrics

Zevia PBC (ZVIA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years7.95%
3 Years-0.39%
TTM9.76%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM63.92%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM67.55%

Return on Capital

10 Years-47.59%
5 Years-56.87%
3 Years-36.15%
Last Year-24.26%

ZVIA Recent Earnings

Zevia PBC (ZVIA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 6, 2026
EPS
$0.03
Est $0.03
+0.0%
Revenue
$46M
Est $41M
+12.5%
Q1 2026
Feb 25, 2026
EPS
$0.02
Est $0.03
+33.3%
Revenue
$38M
Est $40M
-5.7%
Q4 2025
Nov 5, 2025
EPS
$0.04
Est $0.06
+33.3%
Revenue
$41M
Est $40M
+2.2%
Q3 2025
Aug 6, 2025
EPS
$0.01
Est $0.05
+80.0%
Revenue
$45M
Est $41M
+9.6%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.03vs $0.03+0.0%
$46Mvs $41M+12.5%
Q1 2026Feb 25, 2026
$0.02vs $0.03+33.3%
$38Mvs $40M-5.7%
Q4 2025Nov 5, 2025
$0.04vs $0.06+33.3%
$41Mvs $40M+2.2%
Q3 2025Aug 6, 2025
$0.01vs $0.05+80.0%
$45Mvs $41M+9.6%
Based on last 12 quarters of dataView full earnings history →

ZVIA Peer Comparison

Zevia PBC (ZVIA) competitors in Global Soft Drink Brand Owners — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CELH logoCELHCelsius Holdings, Inc.Direct Competitor8.8B34.26137.0485.54%5.01%6.43%0.23
FIZZ logoFIZZNational Beverage Corp.Direct Competitor3.29B35.1617.670.81%15.55%39.28%0.16
NRGV logoNRGVEnergy Vault Holdings, Inc.Direct Competitor716.12M4.14-6.37340.86%-52.97%-146.8%1.07
KO logoKOThe Coca-Cola CompanyProduct Competitor337.62B78.4425.801.87%27.8%41.06%1.33
PEP logoPEPPepsiCo, Inc.Product Competitor213.59B156.2926.052.25%8.77%40.1%2.43
MNST logoMNSTMonster Beverage CorporationProduct Competitor74.29B75.9739.1610.7%22.97%25.65%
KDP logoKDPKeurig Dr Pepper Inc.Product Competitor38.75B28.5218.648.16%10.81%6.98%0.63
SAM logoSAMThe Boston Beer Company, Inc.Product Competitor2.18B202.7620.503.69%-2.92%-7.3%0.04

Compare ZVIA vs Peers

Zevia PBC (ZVIA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CELH

Most directly comparable listed peer for ZVIA.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare ZVIA against a more recognizable public peer.

Peer Set

Compare Top 5

vs CELH, FIZZ, NRGV, KO

ZVIA Income Statement

Zevia PBC (ZVIA) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue85.56M110.03M138.17M163.18M166.42M155.05M161.26M169.33M
Revenue Growth %-28.59%25.58%18.1%1.99%-6.83%4.01%9.76%
Cost of Goods Sold48.66M60.52M74.23M93.16M91.67M83.12M84.71M89.52M
COGS % of Revenue56.87%55.01%53.72%57.09%55.08%53.61%52.53%-
Gross Profit
36.9M▲ 0%
49.5M▲ 34.2%
63.94M▲ 29.2%
70.02M▲ 9.5%
74.76M▲ 6.8%
71.93M▼ 3.8%
76.55M▲ 6.4%
79.81M▲ 0%
Gross Margin %43.13%44.99%46.28%42.91%44.92%46.39%47.47%47.13%
Gross Profit Growth %-34.15%29.17%9.51%6.77%-3.78%6.43%-
Operating Expenses42.35M54.98M151.37M117.89M103.7M95.58M86.17M84.35M
OpEx % of Revenue49.5%49.97%109.55%72.24%62.31%61.65%53.44%-
Selling, General & Admin41.57M54.05M150.37M116.54M102.09M92.12M82.41M82.98M
SG&A % of Revenue48.58%49.12%108.83%71.42%61.34%59.41%51.1%-
Research & Development00000000
R&D % of Revenue--------
Other Operating Expenses786K932K997K1.35M1.61M3.47M3.76M1.37M
Operating Income
-5.45M▲ 0%
-5.48M▼ 0.4%
-87.43M▼ 1495.9%
-47.87M▲ 45.2%
-28.94M▲ 39.5%
-23.65M▲ 18.3%
-9.62M▲ 59.3%
-5.61M▲ 0%
Operating Margin %-6.37%-4.98%-63.27%-29.33%-17.39%-15.26%-5.97%-3.31%
Operating Income Growth %--0.44%-1495.95%45.25%39.54%18.27%59.33%-
EBITDA-4.67M-4.55M-86.43M-46.52M-27.33M-22.32M-8.75M-4.82M
EBITDA Margin %-5.46%-4.13%-62.55%-28.51%-16.42%-14.4%-5.43%-2.85%
EBITDA Growth %-2.61%-1801.21%46.17%41.26%18.31%60.79%77.57%
D&A (Non-Cash Add-back)786K932K997K1.35M1.61M1.33M868K784K
EBIT-5.45M-5.48M-87.43M-47.87M-28.94M-21.52M-11.11M-5.13M
Net Interest Income00000000
Interest Income00000000
Interest Expense00000000
Other Income/Expense47K-593K-207K286K673K-63K-1.49M-1.5M
Pretax Income
-5.41M▲ 0%
-6.07M▼ 12.3%
-87.63M▼ 1343.5%
-47.58M▲ 45.7%
-28.27M▲ 40.6%
-23.72M▲ 16.1%
-11.11M▲ 53.1%
-7.11M▲ 0%
Pretax Margin %-6.32%-5.52%-63.42%-29.16%-16.99%-15.3%-6.89%-4.2%
Income Tax0034K65K52K66K54K50K
Effective Tax Rate %0%0%-0.04%-0.14%-0.18%-0.28%-0.49%-0.7%
Net Income
-5.41M▲ 0%
-6.07M▼ 12.3%
-47.9M▼ 689.0%
-33.86M▲ 29.3%
-21.49M▲ 36.5%
-20M▲ 6.9%
-10.08M▲ 49.6%
-7M▲ 0%
Net Margin %-6.32%-5.52%-34.67%-20.75%-12.92%-12.9%-6.25%-4.14%
Net Income Growth %--12.28%-688.98%29.32%36.52%6.93%49.6%63.92%
Net Income (Continuing)-5.41M-6.07M-87.67M-47.65M-28.32M-23.78M-11.17M-7.06M
Discontinued Operations00000000
Minority Interest00-23.92M-28.16M-28.11M-21.93M-15.44M-10.73M
EPS (Diluted)
-0.08▲ 0%
-0.09▼ 14.2%
-2.54▼ 2599.3%
-1.10▲ 56.7%
-0.41▲ 62.7%
-0.34▲ 17.1%
-0.15▲ 55.9%
-0.10▲ 0%
EPS Growth %--14.2%-2599.26%56.69%62.73%17.07%55.88%67.55%
EPS (Basic)-0.08-0.09-2.54-1.10-0.41-0.34-0.15-
Diluted Shares Outstanding65.61M64.53M34.46M43.47M50.62M58.68M66.02M68.21M
Basic Shares Outstanding65.61M64.53M34.46M43.47M50.62M58.68M66.02M68.21M
Dividend Payout Ratio--------

ZVIA Balance Sheet

Zevia PBC (ZVIA) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets20.81M44.17M117.08M88.66M82.69M61.91M58.22M52.67M
Cash & Short-Term Investments3.24M14.94M73.11M47.4M31.95M30.65M25.35M26.59M
Cash Only3.24M14.94M43.11M47.4M31.95M30.65M25.35M26.59M
Short-Term Investments0030M00000
Accounts Receivable4.88M6.94M9.05M11.08M11.12M10.79M11.11M9.07M
Days Sales Outstanding20.823.0423.924.7824.3925.4125.1424.74
Inventory11.39M20.8M31.5M27.58M34.55M18.62M20.39M15.23M
Days Inventory Outstanding85.45125.44154.89108.04137.5781.7687.8766.76
Other Current Assets0002.61M5.06M01.37M1.77M
Total Non-Current Assets6.45M5.78M7.91M10.27M8.17M6.04M5.4M5.26M
Property, Plant & Equipment2.2M1.76M3.38M5.35M4.07M2.36M1.42M1.31M
Fixed Asset Turnover38.86x62.37x40.88x30.51x40.91x65.70x113.88x110.91x
Goodwill00000000
Intangible Assets4.14M3.94M4.23M4.38M3.52M3.18M3.13M3.12M
Long-Term Investments00000000
Other Non-Current Assets112K81K301K539K579K503K849K3.13M
Total Assets
27.27M▲ 0%
49.96M▲ 83.2%
124.99M▲ 150.2%
98.93M▼ 20.8%
90.86M▼ 8.2%
67.95M▼ 25.2%
63.62M▼ 6.4%
57.93M▲ 0%
Asset Turnover3.14x2.20x1.11x1.65x1.83x2.28x2.53x2.78x
Asset Growth %-83.21%150.21%-20.85%-8.16%-25.21%-6.37%-44.73%
Total Current Liabilities8.35M14.07M20.43M17.15M27.72M24.22M28.02M23.79M
Accounts Payable5.6M8.97M13.49M8.02M21.17M15.29M17.57M14.25M
Days Payables Outstanding41.9854.166.3431.4384.2967.1675.6961.22
Short-Term Debt000000668K490K
Deferred Revenue (Current)00000000
Other Current Liabilities1.58M3.59M3.03M3.41M4.45M1.55M9.79M9.05M
Current Ratio2.49x3.14x5.73x5.17x2.98x2.56x2.08x2.08x
Quick Ratio1.13x1.66x4.19x3.56x1.74x1.79x1.35x1.35x
Cash Conversion Cycle64.2694.37112.45101.3977.674037.3230.28
Total Non-Current Liabilities58.89M232.69M1K01.37M784K00
Long-Term Debt00000000
Capital Lease Obligations850K238K1K01.37M726K0400K
Deferred Tax Liabilities00000000
Other Non-Current Liabilities58.04M232.46M00058K0116K
Total Liabilities67.24M246.77M20.43M17.15M29.09M25.01M28.02M23.79M
Total Debt1.28M861K237K715K1.95M1.31M668K490K
Net Debt-1.97M-14.07M-42.87M-46.68M-30.01M-29.34M-24.69M-26.1M
Debt / Equity--0.00x0.01x0.03x0.03x0.02x0.02x
Debt / EBITDA--------0.10x
Net Debt / EBITDA-------5.41x
Interest Coverage--------
Total Equity
-39.97M▲ 0%
-196.81M▼ 392.4%
104.56M▲ 153.1%
81.79M▼ 21.8%
61.77M▼ 24.5%
42.95M▼ 30.5%
35.6M▼ 17.1%
34.13M▲ 0%
Equity Growth %--392.41%153.13%-21.78%-24.48%-30.47%-17.1%-77.51%
Book Value per Share-0.61-3.053.031.881.220.730.540.50
Total Shareholders' Equity-39.97M-196.81M128.48M109.95M89.88M64.88M51.04M44.86M
Common Stock1.81M064K70K71K73K75K76K
Retained Earnings-43.09M0-45.99M-79.84M-101.34M-121.34M-131.26M-133.53M
Treasury Stock00000000
Accumulated OCI00000000
Minority Interest00-23.92M-28.16M-28.11M-21.93M-15.44M-10.73M

ZVIA Cash Flow Statement

Zevia PBC (ZVIA) cash flow — operating, investing & free cash flow history

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations-14.76M-3.26M-17.81M-21.11M-16.27M-1.02M-4.7M-4.7M
Operating CF Margin %-17.26%-2.96%-12.89%-12.94%-9.78%-0.66%-2.92%-
Operating CF Growth %-77.93%-446.53%-18.57%22.92%93.74%-361.53%-458.24%
Net Income-5.41M-6.07M-87.67M-33.86M-28.32M-23.78M-9.92M-7M
Depreciation & Amortization786K932K997K2M1.61M1.33M868K784K
Stock-Based Compensation606K7.87M77.72M08.28M4.96M3.76M3.93M
Deferred Taxes00000000
Other Non-Cash Items106K563K652K12.82M1.12M1.07M-613K3.41M
Working Capital Changes-10.86M-6.55M-9.51M-2.08M1.03M15.4M1.2M-1.1M
Change in Receivables-1.16M-2.07M-2.06M-2.03M-42K324K-311K-275K
Change in Inventory-3.11M-9.41M-10.7M3.92M-6.97M15.93M-1.77M1.87M
Change in Payables-5.72M2.37M4.4M-5.85M13.64M-5.86M2.01M332K
Cash from Investing-456K-805K-33.14M27.41M805K-283K-307K-566K
Capital Expenditures-456K-805K-3.14M-2.59M-1.62M-283K-307K-566K
CapEx % of Revenue0.53%0.73%2.27%1.59%0.98%0.18%0.19%-
Acquisitions00000000
Investments--------
Other Investing00002.43M000
Cash from Financing17.09M15.76M79.12M-2.01M25K0-289K-420K
Debt Issued (Net)00000000
Equity Issued (Net)17.13M15.78M90.07M124K0059K59K
Dividends Paid00-2.67M00000
Share Repurchases0-175M-49.63M00000
Other Financing-44K-20K-8.28M-2.13M25K0-348K-479K
Net Change in Cash
1.87M▲ 0%
11.69M▲ 525.6%
28.17M▲ 140.9%
4.29M▼ 84.8%
-15.44M▼ 460.1%
-1.3M▲ 91.6%
-5.3M▼ 307.0%
-1.12M▲ 0%
Free Cash Flow
-15.22M▲ 0%
-4.06M▲ 73.3%
-20.95M▼ 415.6%
-23.7M▼ 13.2%
-17.9M▲ 24.5%
-1.3M▲ 92.7%
-5.01M▼ 284.8%
-703K▲ 0%
FCF Margin %-17.79%-3.69%-15.16%-14.53%-10.75%-0.84%-3.11%-0.42%
FCF Growth %-73.3%-415.6%-13.16%24.5%92.73%-284.79%29.91%
FCF per Share-0.23-0.06-0.61-0.55-0.35-0.02-0.08-0.08
FCF Conversion (FCF/Net Income)2.73x0.54x0.37x0.62x0.76x0.05x0.47x0.10x
Interest Paid288K321K148K079K93K030K
Taxes Paid0000127K85K019K

ZVIA Key Ratios

Zevia PBC (ZVIA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
Return on Equity (ROE)--45.81%-36.34%-29.95%-38.21%-25.67%-19.56%
Return on Invested Capital (ROIC)--106.3%-74.18%-64.93%-78.21%-58.86%-58.86%
Gross Margin44.99%46.28%42.91%44.92%46.39%47.47%47.13%
Net Margin-5.52%-34.67%-20.75%-12.92%-12.9%-6.25%-4.14%
Debt / Equity-0.00x0.01x0.03x0.03x0.02x0.02x
FCF Conversion0.54x0.37x0.62x0.76x0.05x0.47x0.10x
Revenue Growth28.59%25.58%18.1%1.99%-6.83%4.01%9.76%

ZVIA SEC Filings & Documents

Zevia PBC (ZVIA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Feb 25, 2026·SEC

Material company update

Jan 7, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Mar 6, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

ZVIA Frequently Asked Questions

Zevia PBC (ZVIA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Zevia PBC (ZVIA) reported $169.3M in revenue for fiscal year 2025. This represents a 98% increase from $85.6M in 2019.

Zevia PBC (ZVIA) grew revenue by 4.0% over the past year. Growth has been modest.

Zevia PBC (ZVIA) reported a net loss of $7.0M for fiscal year 2025.

Dividend & Returns

Zevia PBC (ZVIA) has a return on equity (ROE) of -25.7%. Negative ROE indicates the company is unprofitable.

Zevia PBC (ZVIA) had negative free cash flow of $0.7M in fiscal year 2025, likely due to heavy capital investments.

Explore More ZVIA

Zevia PBC (ZVIA) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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