Quarterly ResultMay 6, 2026, 04:17 PM
Zevia PBC Q1 Net Sales +21.2% to $46.1M; Adjusted EBITDA $0.9M
AI Summary
Zevia PBC reported its first quarter 2026 results, achieving record Q1 net sales growth of 21.2% to $46.1 million and positive adjusted EBITDA of $0.9 million, exceeding expectations. Despite these improvements, the company still posted a net loss of $2.4 million. The full-year 2026 outlook for adjusted EBITDA was revised to a loss of $2.0 million to $4.0 million, primarily due to higher fuel and aluminum costs.
Key Highlights
- Net sales grew 21.2% year over year to $46.1 million in Q1 2026.
- Gross profit margin was 48.4%, a reduction of 1.7 percentage points year over year.
- Net loss improved to $2.4 million, or $0.03 per share, from $6.4 million in Q1 2025.
- Adjusted EBITDA was $0.9 million, an improvement of $4.2 million year over year.
- Company had $26.6 million in cash and cash equivalents and no outstanding debt as of March 31, 2026.
- Full year 2026 net sales are expected to be $170 million to $175 million.
- Full year 2026 adjusted EBITDA loss is projected between $2.0 million and $4.0 million.
- Q2 2026 net sales are expected to be $43.0 million to $45.0 million, with an adjusted EBITDA loss of $0.5 million to $1.0 million.