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Zevia PBC

zevia.com

What Do They Do?

Sells zero-sugar soda, energy drinks and tea to grocery, convenience and other retailers in the U.S. and Canada.

How Do They Make Money?

Zevia sells finished beverages to retailers directly and through distributors; customers have short-term payment terms, and sales are tied to shipment or delivery.

FY2025 revenue

Who Are Their Customers?

Sells to grocery, national, convenience, natural-product and warehouse-club retailers in the U.S. and Canada, both directly and through distributors.

Do Revenues Turn Into Profits?

No. It lost $9.9M in FY2025.

Operating income, FY2025
−7% of revenue
▼ −50% (Loss) vs FY2024 (−$23.7M, −15%)
Net income, FY2025
−6% of revenue
▼ −50% (Loss) vs FY2024 (−$20M, −13%)
Free cash flow, FY2025
−3% of revenue
▲ +285% (Loss) vs FY2024 (−$1.3M, −1%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +1%
vs $44.5M in Q2 FY2025
Net income
▲ +303% (Loss)
vs −$697K in Q2 FY2025
  • Jun 15, 2026 CEO resigns and successor is appointed Amy E. Taylor resigned as president and CEO; director Alexandre I. Ruberti succeeded her.

Growing. Revenue grew 17% in 4 years, from $138.2M in FY2021 to $161.3M in FY2025, about 4% a year.

Tea is being discontinued The older report described Organic Tea as an active product line; the latest report says the company will discontinue Tea.

Who Do They Compete With?

Competes with The Coca-Cola, Keurig Dr. Pepper, PepsiCo, National Beverage, Monster Energy, Red Bull, Virgils, Reeds, Poppi, and Olipop

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