Zevia PBCZVIAEarnings & Financial Report
Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project. In June 2021, Zevia filed to go public with an IPO.
Revenue
$44.5M
Gross Profit
$21.7M
Operating Profit
$-1.0M
Net Profit
$-651.0K
Gross Margin
48.7%
Operating Margin
-2.3%
Net Margin
-1.5%
YoY Growth
10.1%
EPS
$-0.01
Financial Flow
Zevia PBC Q2 2025 Financial Summary
Zevia PBC reported revenue of $44.5M (up 10.1% YoY) for Q2 2025, with a net profit of $-651.0K (up 90.6% YoY) (-1.5% margin). Cost of goods sold was $22.8M, operating expenses totaled $22.7M.
Key Financial Metrics
| Total Revenue | $44.5M |
|---|---|
| Net Profit | $-651.0K |
| Gross Margin | 48.7% |
| Operating Margin | -2.3% |
| Report Period | Q2 2025 |
Revenue Breakdown
Zevia PBC Q2 2025 revenue of $44.5M breaks down across 2 segments, led by Sales Channel Directly To Consumer at $39.1M (87.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Directly To Consumer | $39.1M | 87.7% |
| Sales Channel Through Intermediary | $5.5M | 12.3% |
Zevia PBC Annual Revenue by Year
Zevia PBC annual revenue history includes year-by-year totals (for example, 2025 revenue was $161.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $161.3M |
| 2024 | $155.0M |
| 2023 | $166.4M |
| 2022 | $163.2M |
Zevia PBC Quarterly Revenue & Net Profit History
Zevia PBC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $37.9M | -4.0% | $-1.3M | -3.4% |
| Q3 2025 | $40.8M | +12.3% | $-2.7M | -6.6% |
| Q2 2025 | $44.5M | +10.1% | $-651.0K | -1.5% |
| Q1 2025 | $38.0M | -2.0% | $-6.4M | -16.8% |
| Q4 2024 | $39.5M | +4.4% | $-6.8M | -17.2% |
| Q3 2024 | $36.4M | -15.6% | $-2.5M | -6.9% |
| Q2 2024 | $40.4M | -4.3% | $-7.0M | -17.2% |
| Q1 2024 | $38.8M | -10.4% | $-7.2M | -18.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38.8M | $40.4M | $36.4M | $39.5M | $38.0M | $44.5M | $40.8M | $37.9M |
| YoY Growth | -10.4% | -4.3% | -15.6% | 4.4% | -2.0% | 10.1% | 12.3% | -4.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $85.1M | $72.8M | $72.9M | $68.0M | $62.0M | $62.5M | $60.0M | $63.6M |
| Liabilities | $29.0M | $22.3M | $24.1M | $25.0M | $24.7M | $24.8M | $24.2M | $28.0M |
| Equity | $80.3M | $75.0M | $72.5M | $64.9M | $53.7M | $53.0M | $51.3M | $51.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.2M | $282000 | $3.9M | $-2.0M | $-2.9M | $-1.4M | $116000 | $-507000 |