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ZVIAZevia PBC
$1.53$103M
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ZVIA logoZevia PBC(ZVIA)Earnings, Financials & Key Ratios

ZVIA•NYSE
Price updated Jun 19, 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%

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
  • ✗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.

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ZVIA Price & Volume

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

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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
Metric
Actual
Est
EPS
$0.03+0.0%
$0.03
Rev
$46M+12.5%
$41M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.02+33.3%
$0.03
Rev
$38M-5.7%
$40M
Q4 2025
Nov 5, 2025
Metric
Actual
Est
EPS
$0.04+33.3%
$0.06
Rev
$41M+2.2%
$40M
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$0.01+80.0%
$0.05
Rev
$45M+9.6%
$41M
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
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CELH logoCELHCelsius Holdings, Inc.Direct Competitor7.87B30.80123.2085.54%5.85%7.51%0.23
FIZZ logoFIZZNational Beverage Corp.Direct Competitor3.4B36.2918.240.81%15.55%39.28%0.16
NRGV logoNRGVEnergy Vault Holdings, Inc.Direct Competitor709.2M4.10-6.31340.86%-52.97%-146.8%1.07
KO logoKOThe Coca-Cola CompanyProduct Competitor341.71B79.3926.121.87%27.8%41.06%1.33
PEP logoPEPPepsiCo, Inc.Product Competitor194.09B142.0223.672.25%8.77%40.1%2.43
MNST logoMNSTMonster Beverage CorporationProduct Competitor89.33B91.3447.0810.7%23.11%25.46%
KDP logoKDPKeurig Dr Pepper Inc.Product Competitor41.79B30.7620.108.16%10.81%6.98%0.63
SAM logoSAMThe Boston Beer Company, Inc.Product Competitor1.89B176.1117.813.69%-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
MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue
85.56M110.03M138.17M163.18M166.42M155.05M161.26M169.33M
Revenue Growth %
-28.59%25.58%18.1%1.99%-6.83%4.01%9.76%
Cost of Goods Sold
48.66M60.52M74.23M93.16M91.67M83.12M84.71M89.52M
COGS % of Revenue
56.87%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 Expenses
42.35M54.98M151.37M117.89M103.7M95.58M86.17M84.35M
OpEx % of Revenue
49.5%49.97%109.55%72.24%62.31%61.65%53.44%-
Selling, General & Admin
41.57M54.05M150.37M116.54M102.09M92.12M82.41M82.98M
SG&A % of Revenue
48.58%49.12%108.83%71.42%61.34%59.41%51.1%-
Research & Development
00000000
R&D % of Revenue
--------
Other Operating Expenses
786K932K997K1.35M1.61M3.47M3.76M1.37M
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 Income
00000000
Interest Income
00000000
Interest Expense
00000000
Other Income/Expense
47K-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 Tax
0034K65K52K66K54K50K
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 Operations
00000000
Minority Interest
00-23.92M-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 Outstanding
65.61M64.53M34.46M43.47M50.62M58.68M66.02M68.21M
Basic Shares Outstanding
65.61M64.53M34.46M43.47M50.62M58.68M66.02M68.21M
Dividend Payout Ratio
--------

ZVIA Balance Sheet

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

MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets
20.81M44.17M117.08M88.66M82.69M61.91M58.22M52.67M
Cash & Short-Term Investments
3.24M14.94M73.11M47.4M31.95M30.65M25.35M26.59M
Cash Only
3.24M14.94M43.11M47.4M31.95M30.65M25.35M26.59M
Short-Term Investments
0030M00000
Accounts Receivable
4.88M6.94M9.05M11.08M11.12M10.79M11.11M9.07M
Days Sales Outstanding
20.823.0423.924.7824.3925.4125.1424.74
Inventory
11.39M20.8M31.5M27.58M34.55M18.62M20.39M15.23M
Days Inventory Outstanding
85.45125.44154.89108.04137.5781.7687.8766.76
Other Current Assets
0002.61M5.06M01.37M1.77M
Total Non-Current Assets
6.45M5.78M7.91M10.27M8.17M6.04M5.4M5.26M
Property, Plant & Equipment
2.2M1.76M3.38M5.35M4.07M2.36M1.42M1.31M
Fixed Asset Turnover
38.86x62.37x40.88x30.51x40.91x65.70x113.88x110.91x
Goodwill
00000000
Intangible Assets
4.14M3.94M4.23M4.38M3.52M3.18M3.13M3.12M
Long-Term Investments
00000000
Other Non-Current Assets
112K81K301K539K579K503K849K830K
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 Turnover
3.14x2.20x1.11x1.65x1.83x2.28x2.53x2.78x
Asset Growth %
-83.21%150.21%-20.85%-8.16%-25.21%-6.37%-44.73%
Total Current Liabilities
8.35M14.07M20.43M17.15M27.72M24.22M28.02M23.79M
Accounts Payable
5.6M8.97M13.49M8.02M21.17M15.29M17.57M14.25M
Days Payables Outstanding
41.9854.166.3431.4384.2967.1675.6961.22
Short-Term Debt
000000668K490K
Deferred Revenue (Current)
00000000
Other Current Liabilities
1.58M3.59M3.03M3.41M4.45M1.55M9.79M9.05M
Current Ratio
2.49x3.14x5.73x5.17x2.98x2.56x2.08x2.21x
Quick Ratio
1.13x1.66x4.19x3.56x1.74x1.79x1.35x1.57x
Cash Conversion Cycle
64.2694.37112.45101.3977.674037.3230.28
Total Non-Current Liabilities
58.89M232.69M1K01.37M784K00
Long-Term Debt
00000000
Capital Lease Obligations
850K238K1K01.37M726K0400K
Deferred Tax Liabilities
00000000
Other Non-Current Liabilities
58.04M232.46M00058K00
Total Liabilities
67.24M246.77M20.43M17.15M29.09M25.01M28.02M23.79M
Total Debt
1.28M861K237K715K1.95M1.31M668K490K
Net Debt
-1.97M-14.07M-42.87M-46.68M-30.01M-29.34M-24.69M-26.1M
Debt / Equity
--0.00x0.01x0.03x0.03x0.02x0.01x
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 Stock
1.81M064K70K71K73K75K76K
Retained Earnings
-43.09M0-45.99M-79.84M-101.34M-121.34M-131.26M-133.53M
Treasury Stock
00000000
Accumulated OCI
00000000
Minority Interest
00-23.92M-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

MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
-14.76M-3.26M-17.81M-21.11M-16.27M-1.02M-4.7M-137K
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 & Amortization
786K932K997K2M1.61M1.33M868K784K
Stock-Based Compensation
606K7.87M77.72M08.28M4.96M3.76M3.03M
Deferred Taxes
00000000
Other Non-Cash Items
106K563K652K12.82M1.12M1.07M-613K1.43M
Working Capital Changes
-10.86M-6.55M-9.51M-2.08M1.03M15.4M1.2M1.68M
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 Revenue
0.53%0.73%2.27%1.59%0.98%0.18%0.19%0.33%
Acquisitions
00000000
Investments
--------
Other Investing
00002.43M000
Cash from Financing
17.09M15.76M79.12M-2.01M25K0-289K-420K
Debt Issued (Net)
00000000
Equity Issued (Net)
17.13M15.78M90.07M124K0059K60K
Dividends Paid
00-2.67M00000
Share Repurchases
0-175M-49.63M00000
Other Financing
-44K-20K-8.28M-2.13M25K0-348K-480K
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
-0.23-0.06-0.61-0.55-0.35-0.02-0.08-0.01
FCF Conversion (FCF/Net Income)
2.73x0.54x0.37x0.62x0.76x0.05x0.47x0.10x
Interest Paid
288K321K148K079K93K030K
Taxes Paid
0000127K85K019K

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%-40.03%
Gross Margin
44.99%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
-0.00x0.01x0.03x0.03x0.02x0.01x
FCF Conversion
0.54x0.37x0.62x0.76x0.05x0.47x0.10x
Revenue Growth
28.59%25.58%18.1%1.99%-6.83%4.01%9.76%
Related:ZVIA Dividend History·ZVIA Revenue History·ZVIA Price History·ZVIA P/E History·ZVIA Financial Ratios·ZVIA Institutional Holders

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.

What if you invested $1,000 in ZVIA back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

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