Zevia PBC (ZVIA) Earnings
Zevia PBC is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $-0.03. ZVIA has beaten EPS estimates in 6 of its last 12 reported quarters (average surprise +36.7% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $-0.03 | $-0.03 | +0.0% | $46M | +12.5% |
| Feb 25, 2026 | $-0.03 | $-0.02 | +33.3% | $38M | -7.4% |
| Nov 5, 2025 | $-0.06 | $-0.04 | +33.3% | $41M | +2.2% |
| Aug 6, 2025 | $-0.05 | $-0.01 | +80.0% | $45M | +9.6% |
| Feb 26, 2025 | $-0.07 | $-0.07 | +0.0% | $39M | +6.2% |
| May 8, 2024 | $-0.10 | $-0.10 | +0.0% | $39M | -1.6% |
| Feb 27, 2024 | $-0.13 | $-0.14 | -7.7% | $38M | +1.2% |
| Feb 28, 2023 | $-0.12 | $-0.10 | +16.7% | $35M | -15.8% |
| Nov 10, 2022 | $-0.21 | $-0.17 | +19.0% | $44M | -7.4% |
| Aug 11, 2022 | $-0.18 | $-0.28 | -55.6% | $46M | +8.0% |
| May 12, 2022 | $-0.11 | $-0.30 | -172.7% | $38M | +1.3% |
| Feb 24, 2022 | $-0.07 | $0.34 | +585.7% | $34M | -5.9% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 6, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Marketing: Delivered two brand campaigns, partnership with Cardi B, highest organic social media reach and engagement in March. - Product innovation: On-trend fruit flavors rolling out nationally, outperforming median velocities, new packaging driving trial. - Distribution: Gains in grocery, club, mass, and e-commerce channels, including Costco rotation, Walmart expansion, and e-commerce growth.
Guidance
Raised full year net sales guidance to between 170 to 175 million (7% growth midpoint). Full-year adjusted EBITDA outlook negative 2 million to negative 4 million. Second quarter net sales expected 43 to 45 million, adjusted EBITDA loss negative 0.5 million to negative 1 million, with 1 million restructuring costs for distribution center relocation.
Segment performance
Net sales grew 21.2% to 46.1 million in the first quarter. Gross margin was 48.4%, a 170 basis point decline from the prior year due to higher aluminum costs and mix of club sales. Selling and marketing expenses were 14.5 million or 31.5% of net sales, with selling expense 9.4 million or 20.4% and marketing expense 5.2 million or 11.2%. General and administrative expenses were 9.1 million or 19.7% of net sales. Adjusted EBITDA was approximately 0.9 million compared to a loss of 3.3 million prior year. Product segments saw on-trend fruit flavors outperforming median velocities at top retailers, new packaging supporting space gains, and distribution gains in grocery, club, mass, and e-commerce channels.
Risks & headwinds
Macro uncertainty, higher fuel prices, aluminum costs, impact on profitability. Uncertainty in cost pressures subsiding over time and proactive steps to offset costs.
Analyst Q&A
Q: Talk about Cardi B relationship and marketing approach.
A: Partnership with Cardi B has always on social media approach, summer advertising campaign.
Q: Pricing approach?
A: Passed price increase in Q1, unlikely to pass incremental in back half.
Q: Rollout of new packaging and flavors?
A: In second inning, nearly all new packaging by end of Q2.
Q: Growth in Q3?
A: Shifting promo and marketing dollars, fully rolled packaging by Q2 leads to acceleration.
Q: Club rotation?
A: Early to quantify impact, strengthens velocities, opens conversation for future rotations.
Q: Q1 outperformance?
A: Strong base business, retail sales stronger than expected, price increase more fully realized, cost discipline.
Q: Cost offsets?
A: Already seeing fuel expense impact, potential 3-5 million cost saves in Q4 or next year.