Pricing Log in Create free account
Friday 6 November 2026 Export ZVIA’s income statement to Excel — free account

Zevia PBC

ZVIA Consumer Defensive Beverages Non Alcoholic

Zevia PBC’s revenue for fiscal 2025 (year ended December 2025) was $161.3 million, up 4.01% from fiscal 2024.

Revenue
+18.4%
EPS
+25.0%
Free cash flow
+2,170.8%

Quarter to September 2026, against a year earlier

1.51 0.15 +11.03%
Market cap
$105.2M
P/E
0.0×
Fwd P/E
−7.2×
Dividend yield
—
F-score
5/9
Altman Z
2.88
Beneish M
−3.00
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 11.36
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 1 — 3 — 1 — — — — — —
Insider Ownership 9.29%

Capital & Financial Ratios $m

Size
Market Cap 105.18
Revenue ttm 177.30
Net income ttm (8.73)
Free cash flow ttm 4.31
Net debt Q (29.51)
Valuation
P/E 0.00
Forward P/E (7.17) (negative: loss-making)
Price / sales 0.56
Forward P/S Powerpack
Price / FCF 22.91
Price / book 3.07
Financial health
Current ratio Q 1.86 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +18.36% (above 0%: growing)
Operating income growth Q +24.78% (above 0%: growing)
EPS, this year +10.00%
EPS, next year A +44.44% (at or above 15%: strong)
Revenue, next year A +8.02%
EPS, past 5 yrs —
EPS, next 5 yrs A +22.43% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.4×, against a ten-year median of 0.6×; over the ten years it ranged from 0.1× in 2024 to 7.1× in 2021.
P/S against its own 10 years 23.68%
10-year low 10-year high
P/B against its own 10 years 71.98%
10-year low 10-year high
EV/Sales against its own 10 years 28.57%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 32 31 25 30
Receivables 11 11 11 10
Inventory 35 19 20 15
Other — — — —
83 62 58 57
2023 2024 2025 Q'26
Payables 21 15 18 19
ST’ Debt — — — —
Other — — — —
28 24 28 30

Compound Annual Growth %

10y 5y 3y
Sales — 7.95% (0.39%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (0.02%) (24.21%)

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate −0.05 Actual −0.03

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 −0.03 −0.02 Beat by 0.01
Q1 FY26 −0.03 0.00 Beat by 0.03
Q2 FY26 −0.03 −0.03 Met by 0.00
Q3 FY26 −0.05 −0.03 Beat by 0.02
Q4 FY26 −0.03 — Reports 24 February 2027

EPS $

Mar Jun Sep Dec Year
’26 (0.03) (0.04) (0.03) — —
’25 (0.08) (0.01) (0.04) (0.02) (0.15)
’24 (0.10) (0.10) (0.04) (0.09) (0.34)
’23 (0.04) (0.08) (0.16) (0.14) (0.41)
’22 (0.30) (0.28) (0.17) (0.10) (0.81)
’21 (0.04) 0.10 (0.75) (0.59) (1.33)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 46 45 48 — —
’25 38 45 41 38 161
’24 39 40 36 39 155
’23 43 42 43 38 166
’22 38 46 44 35 163
’21 31 34 39 34 138
’20 22 28 32 — 110
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 2 2 2 — —
’25 (3) (1) 0 (1) (5)
’24 (3) 0 4 (2) (1)
’23 9 (8) (11) (7) (16)
’22 (11) (8) 0 (1) (21)
’21 (2) 2 (13) (5) (18)
’20 1 (3) 1 (1) (3)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 2 1 — —
’25 (3) (1) 0 (1) (5)
’24 (3) 0 4 (2) (1)
’23 9 (9) (8) (7) (15)
’22 (12) (9) 0 (2) (23)
’21 (3) 1 (13) (6) (21)
’20 1 (3) 0 (1) (4)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 86 110 138 163 166 155 161 177 +11.1% 174 185 199 +7.3%
Gross margin, % — — — 42.21 44.99 46.28 42.91 44.92 46.39 48.01 47.85 +5.8 pt
EBT — — — (5) (6) (88) (48) (28) (24) (11) (9) +12.8%
EBT margin, % — — — (6.32) (5.52) (63.42) (29.16) (16.99) (15.30) (6.89) (4.88) (0.6) pt
Net income — 0 — (5) (6) (88) (48) (28) (24) (11) (9) n/m
Per share, $
Per share, $ Revenue — — — 1.30 3.19 4.01 3.75 3.29 2.64 2.44 2.46 +11.0%
Earnings — — — (0.08) — (1.33) (0.81) (0.41) (0.34) (0.15) (0.12) +11.0%
Cash flow — — — (0.22) (0.09) (0.52) (0.48) (0.32) (0.02) (0.07) 0.07 (17.5%)
Capex — — — 0.00 (0.02) (0.09) (0.06) 0.02 0.00 0.00 (0.01) n/m
Free cash flow — — — (0.22) (0.12) (0.61) (0.54) (0.31) (0.02) (0.08) 0.06 (16.6%)
Book value — — — 0.28 1.03 3.04 1.88 1.22 0.73 0.54 0.45 +11.9%
Shares, m — — — 66 34 34 43 51 59 66 70 +0.1%
Valuation, ×
Valuation, × P/E — — — 39.81 39.81 0.00 0.00 0.00 0.00 0.00 0.00 11.4
P/S — — — 7.06 7.06 1.76 1.11 0.60 1.59 0.95 0.56 2.9
P/B — — — 0.00 0.00 2.32 2.21 1.62 5.73 4.30 3.07 2.3
EV/Sales — — — 7.01 7.01 1.23 0.82 0.41 1.39 0.79 0.39 2.7
EV/FCF — — — (297.53) (297.53) (8.10) (5.69) (4.41) (165.31) (25.51) 16.07 (114.9)
Cash, $m
Cash, $m Operating cash flow — — — (15) (3) (18) (21) (16) (1) (5) 5 (17.4%)
Capex — — — 0 (1) (3) (3) 1 0 0 (1) (6.4%)
Free cash flow — — — (15) (4) (21) (23) (15) (1) (5) 4 (16.5%)
Balance, $m
Balance, $m Working capital — — — 12 30 97 72 55 38 30 26 +15.9%
Net debt — — — (2) (15) (73) (47) (32) (31) (25) (30) +53.1%
Shareholders’ equity — — — 18 36 105 82 62 43 36 32 +12.0%
Returns, %
Returns, % ROA — — — (39.66) (327.65) (52.57) (30.24) (22.65) (25.19) (15.08) (13.85) +24.6 pt
ROIC — — — 0.00 (16.53) (173.75) (87.00) (60.68) (120.27) (71.91) (209.80) (71.9) pt
ROE — — — 4.57 106.86 99.70 (36.34) (29.95) (38.21) (25.26) (24.99) (29.8) pt
People
People Employees — — — — — 126 106 115 108 91 — (7.8%)
Revenue/emp, $m — — — 0.00 0.00 1.10 1.54 1.45 1.44 1.77 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Zevia PBC vs peers in Beverages Non Alcoholic (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FIZZ National Beverage Corp. $3.5B 19.8× 19.4× +0.04% (above 0%: growing) −16.67% (below 0%: shrinking) +10.33% (above 0%: growing) 35.02% 17.69% Compare
AKO.B Embotelladora Andina S.A. $2.2B 13.9× — +11.10% (above 0%: growing) +4.00% (above 0%: growing) +930.72% (above 0%: growing) 38.92% 10.52% Compare
AKO.A Embotelladora Andina S.A. $2.0B 12.1× — +23.23% (above 0%: growing) +12.74% (above 0%: growing) +930.72% (above 0%: growing) 38.39% 11.21% Compare
SUJA Suja Life Inc. $392.4M — — — — — 46.71% (24.50%) Compare
ZVIA Zevia PBC $105.2M — (loss-making) — (loss-making) +18.36% (above 0%: growing) n/m +2,170.77% (above 0%: growing) 46.42% (4.47%)
BUDA Buda Juice Inc. $82.3M — — — — −209.15% (below 0%: shrinking) 36.62% 9.85% Compare
REED Reeds, Inc. $11.5M — (loss-making) — (loss-making) −21.37% (below 0%: shrinking) n/m +57.24% (above 0%: growing) 23.89% (54.27%) Compare
BNKK Bonk, Inc. $7.8M — (loss-making) — +2,491.09% (above 0%: growing) n/m −158.27% (below 0%: shrinking) 33.61% (174.80%) Compare
BRFH Barfresh Food Group Inc. $7.5M — (loss-making) — (loss-making) +189.66% (above 0%: growing) n/m +13.13% (above 0%: growing) (3.19%) (32.23%) Compare
Median of peers $237.4M 13.9× — +17.17% +4.00% +13.13% 35.82% (7.32%)

All 19 Beverages Non Alcoholic stocks →

Pay and ownership Proxy statement filed 23 April 2026

Ownership

Directors and executive officers, together 7.70% of the votes
All Current D&Os and 37.54% of the votes
CDP Investissements Inc. 17.62% of the votes
Topline Capital Management, LLC 7.74% of the votes
Padraic “Paddy” L. Spence 4.46% of the votes
Thessalon Holdings LP 1.59% of the votes
Avander Holdings LLC 1.57% of the votes
Polar Beverages Inc. less than 1% of the votes
Russell Parker less than 1% of the votes
Theirs Limited FLP less than 1% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Zevia PBC (ZVIA) Latest News

5 Nov

Impact 4 · · The Motley Fool transcript
Impact 3 · · GuruFocus.com

4 Nov

Impact 3 · · Associated Press
Impact 3 · · StockStory
Impact 3 · · Business Wire

26 Oct

Impact 4 · · fooddive.com
Impact 3 · · StockStory

23 Oct

Impact 4 · · just-drinks.com

22 Oct

Impact 4 · · Business Wire

21 Oct

Impact 3 · · Business Wire

19 Aug

Impact 4 · · fooddive.com

17 Aug

Impact 4 · · just-drinks.com

14 Aug

Impact 4 ·
Impact 3 ·

12 Aug

Impact 3 · · The Motley Fool transcript

9 Aug

Impact 3 · · MarketBeat transcript

6 Aug

Impact 3 ·

5 Aug

Impact 3 ·
Impact 3 ·

16 Jun

Impact 4 · · fooddive.com

15 Jun

Impact 3 ·

21 May

Impact 3 · · Simply Wall St.
Impact 3 · · marketingdive.com

6 May

Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript
Impact 4 · · StockStory
Impact 3 · · Zacks
Impact 3 · · Business Wire

4 May

Impact 4 · · The Motley Fool transcript

17 Apr

Impact 3 · · Simply Wall St.
stockrow.com/ZVIA · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com