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BOSTON BEER CO INC

BOSTON BEER CO INCSAMEarnings & Financial Report

NYSE

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

SAM Q3 2025 Key Financial Metrics

Revenue

$537.5M

Gross Profit

$273.1M

Operating Profit

$62.0M

Net Profit

$46.2M

Gross Margin

50.8%

Operating Margin

11.5%

Net Margin

8.6%

YoY Growth

-11.2%

EPS

$4.25

Financial Flow

BOSTON BEER CO INC Q3 2025 Financial Summary

BOSTON BEER CO INC reported revenue of $537.5M for Q3 2025, with a net profit of $46.2M (8.6% margin). Cost of goods sold was $264.4M, operating expenses totaled $211.1M.

Key Financial Metrics

Total Revenue$537.5M
Net Profit$46.2M
Gross Margin50.8%
Operating Margin11.5%
Report PeriodQ3 2025

BOSTON BEER CO INC Annual Revenue by Year

BOSTON BEER CO INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.0B).

YearAnnual Revenue
2024$2.0B
2022$2.1B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$393.7M$426.1M$579.1M$605.5M$402.3M$453.9M$587.9M$537.5M
YoY Growth-12.0%N/A41.2%0.6%2.2%6.5%1.5%-11.2%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$1.43B$1.38B$1.44B$1.38B$1.25B$1.24B$1.27B$1.25B
Liabilities$352.1M$337.5M$394.9M$367.8M$333.8M$343.2M$355.9M$335.6M
Equity$1.08B$1.05B$1.04B$1.01B$916.2M$897.0M$912.3M$911.0M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-4.9M$96.0M$115.9M$41.9M$1.9M$126.5M$101.8M