Zevia PBC
Business
Zevia PBC is a better-for-you beverage company that develops, markets, sells, and distributes zero-sugar, naturally sweetened beverages under the Zevia brand. Products include Soda as the primary offering, along with Energy Drinks and Tea across multiple flavors, all made without artificial sweeteners, colors, or flavors and packaged exclusively in aluminum cans. Zevia sells through tens of thousands of retailer locations across U.S. and Canadian grocery, drug, warehouse club, mass, natural, convenience, and e-commerce channels, with products manufactured by third-party contract manufacturers.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 161 | 155 | 166 | 163 | 138 | |
| Cost of goods sold | 84 | 83 | — | — | — | |
| Gross profit | 77 | 72 | 75 | 70 | 64 | |
| Selling and marketing | 52 | 57 | 62 | 53 | 45 | |
| General and administrative | 30 | 30 | 31 | 37 | 28 | |
| Equity-based compensation | 4 | 5 | — | — | — | |
| Depreciation and amortization | 868,000 | 1 | 2 | 1 | 997,000 | |
| Restructuring Charges | 2 | 2 | 0 | — | — | |
| Total operating expenses | 89 | 96 | 104 | 118 | 151 | |
| Loss from operations | −12 | −24 | −29 | −48 | −87 | |
| Other income (expense), net | 678,000 | −63,000 | — | — | — | |
| Loss before income taxes | −11 | −24 | −28 | −48 | −88 | |
| Provision for income taxes | 54,000 | 66,000 | 52,000 | 65,000 | −34,000 | |
| Net loss and comprehensive loss | −11 | −24 | −28 | −48 | — | |
| Loss attributable to noncontrolling interest | 1 | 4 | 7 | 14 | 40 | |
| Net loss attributable to Zevia PBC | −10 | −20 | — | −48 | −88 | |
| Basic (in dollars per share) | −0.15 | −0.34 | −0.41 | −0.81 | −1.33 | |
| Diluted (in dollars per share) | −0.15 | −0.34 | −0.41 | −0.81 | −1.33 | |
| Basic (in shares) | 66 | 59 | 51 | 43 | 34 | |
| Diluted (in shares) | 66 | 59 | 51 | 43 | 34 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 25 | 31 | — | — | — | |
| Accounts receivable, net | 11 | 11 | 11 | 11 | 9 | |
| Inventories | 20 | 19 | 35 | 28 | 32 | |
| Prepaid expenses and other current assets | 1 | 2 | 5 | 3 | 3 | |
| Total current assets | 58 | 62 | 83 | 89 | 117 | |
| Property and equipment, net | 867,000 | 1 | 2 | 5 | 3 | |
| Right-of-use assets under operating leases, net | 549,000 | 1 | 2 | 708,000 | 211,000 | |
| Intangible assets, net | 3 | 3 | 4 | 4 | 4 | |
| Other non-current assets | 849,000 | 503,000 | 579,000 | 539,000 | 301,000 | |
| Total assets | 64 | 68 | 91 | 99 | 125 | |
| Accounts payable | 18 | 15 | 21 | 8 | 13 | |
| Accrued expenses and other current liabilities | 10 | 8 | — | — | — | |
| Current portion of operating lease liabilities | 668,000 | 587,000 | 575,000 | 715,000 | 236,000 | |
| Total current liabilities | 28 | 24 | 28 | 17 | 20 | |
| Operating lease liabilities, net of current portion | 0 | 726,000 | 1 | 0 | 1,000 | |
| Other non-current liabilities | 0 | 58,000 | 0 | — | — | |
| Total liabilities | 28 | 25 | 29 | 17 | 20 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Preferred Stock, $0.001 par value. 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and December 31, 2024. | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 182 | 186 | 191 | 190 | 174 | |
| Accumulated deficit | −131 | −121 | −101 | −80 | −46 | |
| Total Zevia PBC stockholders equity | 51 | 65 | 90 | 110 | 128 | |
| Noncontrolling interests | −15 | −22 | −28 | −28 | −24 | |
| Total equity | 36 | 43 | 62 | 82 | 105 | |
| Total liabilities and equity | 64 | 68 | 91 | 99 | 125 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Non-cash lease expense | 550,000 | 587,000 | — | — | — | |
| Sublease impairment loss | 0 | 351,000 | — | — | — | |
| Depreciation and amortization | 868,000 | 1 | 2 | 1 | 997,000 | |
| Loss on disposal of property, equipment and software, net | 7,000 | 57,000 | 480,000 | 3,000 | −4,000 | |
| Amortization of debt issuance cost | 76,000 | 76,000 | 76,000 | 64,000 | 94,000 | |
| Equity-based compensation | 4 | 5 | — | — | — | |
| Accounts receivable, net | −311,000 | 324,000 | −42,000 | −2 | −2 | |
| Inventories | −2 | 16 | −7 | 4 | −11 | |
| Prepaid expenses and other assets | 534,000 | 3 | −3 | 846,000 | −2 | |
| Accounts payable | 2 | −6 | 14 | −6 | 4 | |
| Accrued expenses and other current liabilities | 1 | 2 | — | — | — | |
| Operating lease liabilities | −645,000 | −635,000 | −585,000 | −672,000 | −624,000 | |
| Other non-current liabilities | 0 | 58,000 | 0 | — | — | |
| Net cash used in operating activities | −5 | −1 | −16 | −21 | −18 | |
| Purchases of property, equipment and software | −307,000 | −283,000 | — | −3 | −3 | |
| Net cash used in investing activities | −307,000 | −283,000 | 805,000 | 27 | −33 | |
| Proceeds from revolving line of credit | 0 | 8 | 0 | — | — | |
| Repayment of revolving line of credit | 0 | −8 | 0 | — | — | |
| Proceeds from exercise of stock options | 59,000 | 0 | 25,000 | 124,000 | 0 | |
| Financing costs paid | −348,000 | 0 | — | — | — | |
| Net cash used in financing activities | −289,000 | 0 | 25,000 | −2 | 79 | |
| Net change from operating, investing, and financing activities | −5 | −1 | −15 | 4 | 28 | |
| Capital expenditures included in accounts payable | 131,000 | 1,000 | 12,000 | 506,000 | 125,000 | |
| Financing costs included in accounts payable | 132,000 | 0 | — | — | — | |
| Cash paid for interest | 57,000 | 93,000 | 79,000 | 64,000 | 148,000 | |
| Cash paid for income taxes | 45,000 | 85,000 | 127,000 | 69,000 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Zevia PBC's CIK number?
Zevia PBC's SEC CIK number is 0001854139 (1854139). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Zevia PBC's SEC filings?
All of Zevia PBC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Zevia PBC last report earnings?
Zevia PBC (ZVIA) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-015200). This is Zevia PBC's most recent earnings filing of record — not a forecast of its next earnings date.
What is Zevia PBC's most recent earnings 8-K?
Zevia PBC's latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001437749-26-015200. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Zevia PBC's latest earnings 8-K →
Look up any company's CIK number →