Zevia PBC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $161.3M | $155.0M | $166.4M | $163.2M | $138.2M |
| Cost of revenue | $83.8M | $83.1M | $91.7M | $93.2M | $74.2M |
| Gross profit | $77.4M | $71.9M | $74.8M | $70.0M | $63.9M |
| Operating expenses | $89.2M | $95.6M | $103.7M | $117.9M | $151.4M |
| Operating income | -$11.8M | -$23.7M | -$28.9M | -$47.9M | -$87.4M |
| Pretax income | -$11.1M | -$23.7M | -$28.3M | -$47.6M | -$87.6M |
| Income tax expense | $54,000 | $66,000 | $52,000 | $65,000 | $34,000 |
| Net income | -$9.9M | -$20.0M | -$28.3M | -$47.6M | -$87.7M |
| Balance Sheet | |||||
| Cash and equivalents | $25.4M | $30.7M | — | — | $43.1M |
| Current assets | $58.2M | $61.9M | $82.7M | $88.7M | $117.1M |
| Total assets | $63.6M | $68.0M | $90.9M | $98.9M | $125.0M |
| Current liabilities | $28.0M | $24.2M | $27.7M | $17.1M | $20.4M |
| Total liabilities | $28.0M | $25.0M | $29.1M | $17.1M | $20.4M |
| Stockholders' equity | $51.0M | $64.9M | $89.9M | $110.0M | $128.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$4.7M | -$1.0M | -$16.3M | -$20.8M | -$17.8M |
| Depreciation and amortization | $868,000 | $1.3M | $1.6M | $1.3M | $997,000 |
| Stock-based compensation | $3.8M | $5.0M | $8.3M | $26.9M | $77.7M |
| Capital expenditure | $307,000 | $283,000 | $12,000 | $2.6M | $3.1M |
| Free cash flow | -$5.0M | -$1.3M | -$16.3M | -$23.4M | -$20.9M |
| Share repurchases | — | — | — | $0 | $17,000 |
| Impairments | $0 | $100,000 | $0 | $0 | $0 |
Shares outstanding 77.0M · Free float 74.5%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.