Quarterly ResultMay 6, 2026, 04:19 PM
Zevia PBC Q1 Net Sales $46.09M; Net Loss $(2.27)M, EPS $(0.03)
AI Summary
Zevia PBC reported a significant improvement in its first quarter 2026 financial results. Net sales increased by 21.2% to $46.09 million, while the net loss attributable to Zevia PBC decreased by 56.6% to $2.27 million, resulting in a basic loss per share of $0.03. The company also generated positive net cash from operating activities of $1.64 million, a notable improvement from a net cash outflow in the prior year. Additionally, Zevia recorded a $1.9 million litigation reserve for a misleading claims lawsuit, which has a tentative settlement.
Key Highlights
- Net sales increased 21.2% to $46.09 million for Q1 2026, up from $38.02 million in Q1 2025.
- Net loss attributable to Zevia PBC improved to $(2.27) million, from $(5.23) million in Q1 2025.
- Basic net loss per share was $(0.03) for Q1 2026, compared to $(0.08) in Q1 2025.
- Net cash provided by operating activities was $1.64 million, a significant improvement from $(2.93) million in Q1 2025.
- Recorded a $1.9 million litigation reserve for a misleading claims lawsuit, with a tentative settlement.
- US sales grew to $42.55 million in Q1 2026 from $34.75 million in Q1 2025.
- Inventories decreased to $15.23 million as of March 31, 2026, from $20.39 million at year-end 2025.
Price Impact
More from ZVIA