Zevia PBC (ZVIA)
Market Price (6/14/2026): $1.5 | Market Cap: $102.3 MilSector: Consumer Staples | Industry: Soft Drinks & Non-alcoholic Beverages
Zevia PBC (ZVIA)
Market Price (6/14/2026): $1.5Market Cap: $102.3 MilSector: Consumer StaplesIndustry: Soft Drinks & Non-alcoholic Beverages
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -26% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -39% Megatrend and thematic driversMegatrends include Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Organic & Natural Products, Functional Foods & Beverages, Show more. | Weak multi-year price returns3Y Excs Rtn is -139% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -7.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -4.6% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.4% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% Key risksZVIA key risks include [1] a persistent gross margin squeeze and ongoing profitability challenges, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -26% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -39% |
| Megatrend and thematic driversMegatrends include Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Organic & Natural Products, Functional Foods & Beverages, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -139% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -7.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -4.6% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.4% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% |
| Key risksZVIA key risks include [1] a persistent gross margin squeeze and ongoing profitability challenges, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 6/9/2026
Zevia PBC (ZVIA) stock has gained about 10% since 2/28/2026 because of the following key factors:
1. Strong Fiscal Q1 2026 Performance Exceeding Expectations. Zevia PBC reported better-than-expected results for fiscal Q1 2026, which ended March 31, 2026, and were announced on May 6, 2026. The company delivered record Q1 net sales growth of 21.2% year over year, reaching $46.1 million, surpassing analysts' expectations of approximately $40.97 million. This was primarily driven by a 20.4% increase in volumes, notably from expanded distribution in the Club channel, as well as higher volumes in the Mass and E-commerce channels. Additionally, Adjusted EBITDA turned positive for the first time in recent quarters, reaching $0.9 million, a significant improvement of $4.2 million compared to an Adjusted EBITDA loss of $3.3 million in fiscal Q1 2025. Net loss also narrowed to $2.4 million from $6.4 million in the prior year's quarter.
2. Strategic Partnership with Cardi B. On March 20, 2026, Zevia announced a multi-year partnership with Cardi B, naming her a shareholder and brand ambassador. This significant marketing initiative includes Zevia sponsoring Cardi B's Little Miss Drama Tour and a major advertising campaign scheduled for Summer 2026. The collaboration is expected to enhance brand visibility and drive consumer engagement through tour activations, ticket giveaways, in-store displays, sampling events, and joint product and flavor development, aiming to expand Zevia's market reach.
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Zevia PBC (ZVIA) stock has gained about 10% since 2/28/2026 because of the following key factors:
1. Strong Fiscal Q1 2026 Performance Exceeding Expectations. Zevia PBC reported better-than-expected results for fiscal Q1 2026, which ended March 31, 2026, and were announced on May 6, 2026. The company delivered record Q1 net sales growth of 21.2% year over year, reaching $46.1 million, surpassing analysts' expectations of approximately $40.97 million. This was primarily driven by a 20.4% increase in volumes, notably from expanded distribution in the Club channel, as well as higher volumes in the Mass and E-commerce channels. Additionally, Adjusted EBITDA turned positive for the first time in recent quarters, reaching $0.9 million, a significant improvement of $4.2 million compared to an Adjusted EBITDA loss of $3.3 million in fiscal Q1 2025. Net loss also narrowed to $2.4 million from $6.4 million in the prior year's quarter.
2. Strategic Partnership with Cardi B. On March 20, 2026, Zevia announced a multi-year partnership with Cardi B, naming her a shareholder and brand ambassador. This significant marketing initiative includes Zevia sponsoring Cardi B's Little Miss Drama Tour and a major advertising campaign scheduled for Summer 2026. The collaboration is expected to enhance brand visibility and drive consumer engagement through tour activations, ticket giveaways, in-store displays, sampling events, and joint product and flavor development, aiming to expand Zevia's market reach.
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Stock Movement Drivers
Fundamental Drivers
The 10.4% change in ZVIA stock from 2/28/2026 to 6/13/2026 was primarily driven by a 6.4% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.34 | 1.48 | 10.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 161 | 169 | 5.0% |
| P/S Multiple | 0.6 | 0.6 | 6.4% |
| Shares Outstanding (Mil) | 67 | 68 | -1.2% |
| Cumulative Contribution | 10.4% |
Market Drivers
2/28/2026 to 6/13/2026| Return | Correlation | |
|---|---|---|
| ZVIA | 10.4% | |
| Market (SPY) | 8.4% | 16.4% |
| Sector (XLP) | -4.1% | 5.4% |
Fundamental Drivers
The -44.8% change in ZVIA stock from 11/30/2025 to 6/13/2026 was primarily driven by a -46.2% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.68 | 1.48 | -44.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 163 | 169 | 4.0% |
| P/S Multiple | 1.1 | 0.6 | -46.2% |
| Shares Outstanding (Mil) | 67 | 68 | -1.3% |
| Cumulative Contribution | -44.8% |
Market Drivers
11/30/2025 to 6/13/2026| Return | Correlation | |
|---|---|---|
| ZVIA | -44.8% | |
| Market (SPY) | 9.2% | 19.7% |
| Sector (XLP) | 9.6% | -1.9% |
Fundamental Drivers
The -45.6% change in ZVIA stock from 5/31/2025 to 6/13/2026 was primarily driven by a -46.3% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.72 | 1.48 | -45.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 154 | 169 | 9.8% |
| P/S Multiple | 1.1 | 0.6 | -46.3% |
| Shares Outstanding (Mil) | 63 | 68 | -7.7% |
| Cumulative Contribution | -45.6% |
Market Drivers
5/31/2025 to 6/13/2026| Return | Correlation | |
|---|---|---|
| ZVIA | -45.6% | |
| Market (SPY) | 27.3% | 18.1% |
| Sector (XLP) | 6.5% | 7.3% |
Fundamental Drivers
The -59.2% change in ZVIA stock from 5/31/2023 to 6/13/2026 was primarily driven by a -44.0% change in the company's P/S Multiple.| (LTM values as of) | 5312023 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.63 | 1.48 | -59.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 168 | 169 | 0.5% |
| P/S Multiple | 1.1 | 0.6 | -44.0% |
| Shares Outstanding (Mil) | 49 | 68 | -27.6% |
| Cumulative Contribution | -59.2% |
Market Drivers
5/31/2023 to 6/13/2026| Return | Correlation | |
|---|---|---|
| ZVIA | -59.2% | |
| Market (SPY) | 84.5% | 21.4% |
| Sector (XLP) | 28.1% | 10.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ZVIA Return | -48% | -42% | -51% | 108% | -45% | -41% | -90% |
| Peers Return | 5% | 14% | 26% | 15% | 19% | 4% | 114% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| ZVIA Win Rate | 17% | 42% | 42% | 50% | 33% | 33% | |
| Peers Win Rate | 39% | 56% | 61% | 53% | 56% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ZVIA Max Drawdown | - | -80% | -65% | -69% | -58% | -51% | |
| Peers Max Drawdown | -13% | -25% | -21% | -19% | -20% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: KO, COCO, BUDA, SUJA, PEP.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/12/2026 (YTD)
How Low Can It Go
| Event | ZVIA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -44.5% | -18.8% |
| % Gain to Breakeven | 80.2% | 23.1% |
| Time to Breakeven | 52 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -47.4% | -9.5% |
| % Gain to Breakeven | 89.9% | 10.5% |
| Time to Breakeven | 412 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -35.9% | -6.7% |
| % Gain to Breakeven | 56.0% | 7.1% |
| Time to Breakeven | 91 days | 31 days |
In The Past
Zevia PBC's stock fell -44.5% during the 2025 US Tariff Shock. Such a loss loss requires a 80.2% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | ZVIA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -44.5% | -18.8% |
| % Gain to Breakeven | 80.2% | 23.1% |
| Time to Breakeven | 52 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -47.4% | -9.5% |
| % Gain to Breakeven | 89.9% | 10.5% |
| Time to Breakeven | 412 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -35.9% | -6.7% |
| % Gain to Breakeven | 56.0% | 7.1% |
| Time to Breakeven | 91 days | 31 days |
In The Past
Zevia PBC's stock fell -44.5% during the 2025 US Tariff Shock. Such a loss loss requires a 80.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Zevia PBC (ZVIA)
Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated and non-carbonated soft drinks in the United States and Canada. It offers soda, energy drinks, organic tea, mixers, kidz beverages, and sparkling water. The company offers its products through various retail channels, including grocery distributors, national retailers, warehouse club, and natural products retailers, as well as e-commerce channels. It provides its products under the Zevia brand name. The company was founded in 2007 and is headquartered in Encino, California.
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Here are 1-3 brief analogies for Zevia PBC (ZVIA):
- It's like the "natural" Coca-Cola, offering a broad range of zero-sugar, naturally sweetened drinks.
- Think of it as a "Whole Foods Market" for soft drinks, focused entirely on naturally sweetened, zero-calorie options.
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- Soda: A range of carbonated soft drinks available in various flavors.
- Energy Drinks: Beverages formulated to provide an energy boost.
- Organic Tea: Ready-to-drink tea products made with organic ingredients.
- Mixers: Beverages designed to be combined with other drinks.
- Kidz Beverages: Drinks specifically crafted and marketed for children.
- Sparkling Water: Carbonated water, often infused with natural flavors.
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Zevia PBC primarily sells its products to other companies, specifically grocery and natural products distributors and national retailers, who then distribute to consumers.
Major Customers:
- United Natural Foods, Inc. (Symbol: UNFI)
- KeHE Distributors
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Amy E. Taylor, President and Chief Executive Officer
Ms. Taylor has served as Zevia's Chief Executive Officer since August 2022, President since June 2021, and a member of the board of directors since March 2021. Prior to Zevia, from February 2000 to July 2020, she held various leadership roles at Red Bull North America, including President and Chief Marketing Officer from 2018 to 2020. During her tenure at Red Bull, she led the brand's strategic marketing and positioning in the United States, driving significant growth and market share. She previously worked in sports marketing.
Ms. Taylor has served as Zevia's Chief Executive Officer since August 2022, President since June 2021, and a member of the board of directors since March 2021. Prior to Zevia, from February 2000 to July 2020, she held various leadership roles at Red Bull North America, including President and Chief Marketing Officer from 2018 to 2020. During her tenure at Red Bull, she led the brand's strategic marketing and positioning in the United States, driving significant growth and market share. She previously worked in sports marketing.
Girish Satya, Chief Financial Officer and Principal Accounting Officer
Mr. Satya was appointed as Zevia's Chief Financial Officer, effective February 21, 2024. He brings over two decades of finance, operations, and strategic leadership experience within high-growth consumer businesses. Most recently, he served as CFO of Backcountry. From 2016 to 2021, Mr. Satya was a Principal at the private equity firm TSG Consumer Partners, focusing on growth equity investments in branded consumer products and services. He also held CFO positions at The Bay Club Company from 2013 to 2016 and Pasta Pomodoro from 2009 to 2012.
Mr. Satya was appointed as Zevia's Chief Financial Officer, effective February 21, 2024. He brings over two decades of finance, operations, and strategic leadership experience within high-growth consumer businesses. Most recently, he served as CFO of Backcountry. From 2016 to 2021, Mr. Satya was a Principal at the private equity firm TSG Consumer Partners, focusing on growth equity investments in branded consumer products and services. He also held CFO positions at The Bay Club Company from 2013 to 2016 and Pasta Pomodoro from 2009 to 2012.
Kirsten Suarez, Senior Vice President, Marketing and Chief Marketing Officer
Ms. Suarez previously served as Chief Marketing Officer at N! CKS, a better-for-you growth-stage food company, from November 2021 through August 2023. Before N! CKS, she was an executive-level Marketing Director for Taco Bell from 2019 until November 2021, where she led multiple verticals including product innovation and holistic marketing.
Ms. Suarez previously served as Chief Marketing Officer at N! CKS, a better-for-you growth-stage food company, from November 2021 through August 2023. Before N! CKS, she was an executive-level Marketing Director for Taco Bell from 2019 until November 2021, where she led multiple verticals including product innovation and holistic marketing.
Fredo Guarino, Senior Vice President, Sales and Chief Commercial Officer
Mr. Guarino has served as Senior Vice President, Sales and Chief Commercial Officer since July 2024, joining Zevia in 2022. He possesses over 20 years of experience in the beverage industry, holding various leadership roles in Sales & Distribution, Strategic Planning, Business Expansion, and Trade Marketing. His prior experience includes leadership positions such as Vice President and General Manager, Non-Alcohol at Anheuser Busch and Vice President of Marketing & Business Operations and Vice President of Sales Strategy & Development at Red Bull North America from 2002-2019.
Mr. Guarino has served as Senior Vice President, Sales and Chief Commercial Officer since July 2024, joining Zevia in 2022. He possesses over 20 years of experience in the beverage industry, holding various leadership roles in Sales & Distribution, Strategic Planning, Business Expansion, and Trade Marketing. His prior experience includes leadership positions such as Vice President and General Manager, Non-Alcohol at Anheuser Busch and Vice President of Marketing & Business Operations and Vice President of Sales Strategy & Development at Red Bull North America from 2002-2019.
Bill Williamson, Senior Vice President of Operations & Chief Supply Chain Officer
Prior to joining Zevia, Mr. Williamson held various roles with increasing responsibilities at Pabst Brewing Company from 2012 to 2021, including serving as Chief Supply Chain Officer from 2019 to 2021. Earlier in his career, he held leadership positions in sales and operations within retail and distribution, including time at Sam's Club (Wal-Mart Stores, Inc.) and Commonwealth Handling Equipment Pooling (CHEP) USA.
Prior to joining Zevia, Mr. Williamson held various roles with increasing responsibilities at Pabst Brewing Company from 2012 to 2021, including serving as Chief Supply Chain Officer from 2019 to 2021. Earlier in his career, he held leadership positions in sales and operations within retail and distribution, including time at Sam's Club (Wal-Mart Stores, Inc.) and Commonwealth Handling Equipment Pooling (CHEP) USA.
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Key Risks to Zevia PBC (ZVIA)
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Intense Competition and Lack of Scale
Zevia PBC operates in a highly competitive beverage market where larger, more established companies benefit from significant scale advantages. This intense competition makes it challenging for Zevia to secure optimal shelf space, achieve pricing power, and consistently generate profits. Despite efforts to expand distribution and implement cost-saving initiatives, the company has reported ongoing net losses and adjusted EBITDA losses, indicating that its current operational scale is not yet sufficient for sustainable profitability.
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Supply Chain Disruptions and Cost Volatility
The company faces substantial risks related to its supply chain, particularly its reliance on a limited number of suppliers for essential raw materials such as stevia extract and aluminum cans. Zevia has been significantly impacted by supply chain disruptions and escalating costs, notably due to increased tariffs on aluminum. These tariffs have directly pressured gross margins and contributed to higher operating expenses, with expectations for these cost headwinds to continue.
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Dependence on Retail Channels and Evolving Consumer Preferences
A significant portion of Zevia's sales is concentrated within a few key retail customers and distribution channels, making the company vulnerable to changes in the retail landscape or the potential loss of major clients. While Zevia benefits from the consumer trend towards zero-sugar and naturally sweetened beverages, there is an inherent risk that shifting consumer preferences or growing skepticism regarding sweeteners could diminish the brand's relevance and impede future sales growth.
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Zevia PBC (ZVIA) operates in the United States and Canada, marketing and distributing a range of carbonated and non-carbonated soft drinks. The addressable markets for its main product categories in these regions are substantial:
- Carbonated Soft Drinks (Soda): The North American carbonated soft drinks market is projected to reach approximately $108.58 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.80% from 2024. Within North America, the U.S. carbonated beverages market held the largest revenue share in 2024.
- Energy Drinks: The North American energy drinks market was valued at an estimated $21.93 billion in 2025 and is expected to grow to $26.35 billion by 2031. The Canadian energy drinks market specifically generated approximately $2.53 billion in 2023 and is forecast to reach around $4.39 billion by 2030.
- Organic Tea: The organic tea market in North America is expected to exhibit a fast-paced growth with a CAGR of 17.2% over the forecast period. The U.S. ready-to-drink (RTD) organic tea market alone was valued at $2.61 billion in 2024 and is projected to reach $3.85 billion by 2033. For Canada, the organic tea market generated $41.6 million in 2024 and is anticipated to reach $109.6 million by 2030.
- Mixers: While a specific market size for "mixers" as a distinct category is not readily available, these products fall under the broader non-alcoholic beverages market. The North American non-alcoholic beverages market was valued at $532.54 billion in 2023 and is projected to reach $1,048.07 billion by 2030. The U.S. non-alcoholic beverages market, a significant component of this, was estimated at $280.2 billion in 2023 and is expected to grow to $457.0 billion by 2030.
- Kidz Beverages: The North American kids' beverages market was valued at $15.2 billion in 2024. More specifically, the United States kids' beverage market was valued at $18.84 billion in 2024 and is projected to reach $30.24 billion by 2033.
- Sparkling Water: The North America sparkling water market is expected to grow at an 11.5% CAGR between 2024 and 2031. The U.S. market, a dominant part of North America, is projected to reach a value of $23.505 billion by 2031, while Canada's market is expanding at a CAGR of approximately 7.5% during the forecast period (2025-2033).
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Here are the expected drivers of future revenue growth for Zevia PBC (ZVIA) over the next 2-3 years:
- Expanded Distribution and Market Penetration: Zevia PBC anticipates revenue growth through broadening its distribution network and increasing its presence in existing markets. The company has explicitly cited distribution gains as a factor in its growth trajectory and raised net sales guidance for 2025, driven by these gains. Key retailers like Walmart and Albertsons have seen expanded distribution, and a national Costco program is expected to contribute to higher volumes. Management's 2026 strategy is also focused on "expanding reach and driving trial to expand the user base and ultimately to accelerate growth."
- New Product Innovation and Flavor Introductions: The launch of new flavors, such as Strawberry Lemon Burst and Orange Creamsicle, and packaging refreshes are expected to drive consumer interest and contribute to top-line performance. This focus on innovation is part of the company's core strategy to spur better sales.
- Strategic Pricing Initiatives: Zevia has demonstrated that price increases can significantly contribute to net sales. Effective price increases in 2023, for example, resulted in $11.5 million higher net sales. The company plans to continue balancing cost headwinds with productivity and pricing actions in 2026.
- Capitalizing on the Growth of the "Better-for-You" Beverage Category: Zevia is well-positioned within the expanding "better-for-you" soda category, offering zero-sugar, naturally sweetened, and clean-label beverages. The company's ongoing focus is to make its better-for-you beverages mainstream, accessible, and affordable to a broad consumer base, leveraging the increasing consumer demand for healthier drink options.
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Share Repurchases
There have been no share repurchases made by Zevia PBC between 2021 and 2025.Share Issuance
- Zevia PBC completed its initial public offering (IPO) on July 26, 2021, issuing 10,700,000 shares of Class A common stock at an offering price of $14.00 per share.
- As of February 20, 2026, the company had 67,486,641 shares of Class A and 7,614,823 shares of Class B common stock outstanding.
- Equity-based compensation expense, a non-cash item, was $3.8 million in 2025 and $5.0 million in 2024, partially offset by new equity awards but largely decreased due to the accelerated expense recognition of IPO-related awards.
Capital Expenditures
- Zevia PBC operates with an asset-light business model, utilizing third-party co-manufacturers.
- The company plans strategic investments in 2026 to broaden its consumer base through amplified marketing, sharpened product innovation, and expanded distribution, supported by an improved cost structure and healthy balance sheet.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Zevia PBC Earnings Notes | 12/16/2025 | |
| How Low Can Zevia PBC Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 45.70 |
| Mkt Cap | 100.9 |
| Rev LTM | 24,971 |
| Op Inc LTM | 7,109 |
| FCF LTM | 4,453 |
| FCF 3Y Avg | 3,641 |
| CFO LTM | 6,587 |
| CFO 3Y Avg | 4,646 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.5% |
| Rev Chg Q | 16.6% |
| QoQ Delta Rev Chg LTM | 3.9% |
| Op Inc Chg LTM | 20.6% |
| Op Inc Chg 3Y Avg | 21.7% |
| Op Mgn LTM | 14.7% |
| Op Mgn 3Y Avg | 14.2% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 12.4% |
| CFO/Rev 3Y Avg | 13.1% |
| FCF/Rev LTM | 9.5% |
| FCF/Rev 3Y Avg | 10.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 100.9 |
| P/S | 4.5 |
| P/Op Inc | 18.4 |
| P/EBIT | 18.0 |
| P/E | 24.3 |
| P/CFO | 19.7 |
| Total Yield | 4.4% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 3.0% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.4% |
| 3M Rtn | -1.0% |
| 6M Rtn | -0.5% |
| 12M Rtn | 8.0% |
| 3Y Rtn | -5.6% |
| 1M Excs Rtn | 0.5% |
| 3M Excs Rtn | -13.0% |
| 6M Excs Rtn | -8.1% |
| 12M Excs Rtn | -15.0% |
| 3Y Excs Rtn | -79.0% |
Price Behavior
Price Behavior
| Market Price | $1.48 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 07/22/2021 | |
| Distance from 52W High | -59.3% | |
| 50 Days | 200 Days | |
| DMA Price | $1.34 | $1.93 |
| DMA Trend | down | up |
| Distance from DMA | 10.3% | -23.1% |
| 3M | 1YR | |
| Volatility | 79.8% | 66.0% |
| Downside Capture | 48.93 | 176.27 |
| Upside Capture | 79.62 | 46.89 |
| Correlation (SPY) | 12.8% | 16.9% |
ZVIA Betas & Captures as of 5/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.00 | 0.58 | 0.92 | 1.23 | 1.04 | 1.31 |
| Up Beta | 1.82 | 1.33 | 0.16 | 0.95 | 1.06 | 0.90 |
| Down Beta | -9.45 | -6.15 | 1.00 | 0.93 | 0.47 | 0.84 |
| Up Capture | 256% | 150% | 130% | 49% | 55% | 274% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 11 | 23 | 28 | 54 | 106 | 326 |
| Down Capture | 1% | 5% | 113% | 197% | 152% | 113% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 8 | 13 | 25 | 60 | 123 | 381 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ZVIA | |
|---|---|---|---|---|
| ZVIA | -42.5% | 67.4% | -0.55 | - |
| Sector ETF (XLP) | 8.3% | 12.9% | 0.35 | 6.6% |
| Equity (SPY) | 24.9% | 12.3% | 1.52 | 17.8% |
| Gold (GLD) | 25.5% | 27.4% | 0.81 | -5.7% |
| Commodities (DBC) | 30.1% | 19.0% | 1.25 | -13.9% |
| Real Estate (VNQ) | 13.5% | 13.5% | 0.69 | 16.3% |
| Bitcoin (BTCUSD) | -41.7% | 42.2% | -1.16 | 10.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ZVIA | |
|---|---|---|---|---|
| ZVIA | -36.1% | 88.8% | -0.13 | - |
| Sector ETF (XLP) | 6.5% | 13.3% | 0.27 | 15.3% |
| Equity (SPY) | 13.5% | 17.1% | 0.61 | 24.2% |
| Gold (GLD) | 16.8% | 18.2% | 0.75 | -0.1% |
| Commodities (DBC) | 8.4% | 19.4% | 0.33 | 1.4% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.05 | 20.9% |
| Bitcoin (BTCUSD) | 13.6% | 54.4% | 0.44 | 15.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ZVIA | |
|---|---|---|---|---|
| ZVIA | -20.1% | 88.8% | -0.13 | - |
| Sector ETF (XLP) | 7.7% | 14.7% | 0.39 | 15.3% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 24.2% |
| Gold (GLD) | 12.5% | 16.1% | 0.64 | -0.1% |
| Commodities (DBC) | 6.7% | 18.0% | 0.29 | 1.4% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 20.9% |
| Bitcoin (BTCUSD) | 60.3% | 66.8% | 1.00 | 15.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/6/2026 | 9.2% | 1.7% | 18.5% |
| 2/25/2026 | -12.9% | -7.7% | -24.5% |
| 11/5/2025 | 12.4% | 15.8% | 9.4% |
| 8/6/2025 | -3.8% | -13.1% | -25.0% |
| 5/7/2025 | 51.7% | 42.4% | 28.6% |
| 2/26/2025 | -29.8% | -27.3% | -36.2% |
| 11/6/2024 | -0.9% | 91.7% | 156.9% |
| 8/7/2024 | -9.2% | 17.8% | 16.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 8 | 11 |
| # Negative | 12 | 11 | 8 |
| Median Positive | 12.4% | 16.8% | 16.7% |
| Median Negative | -9.5% | -13.1% | -29.0% |
| Max Positive | 51.7% | 91.7% | 156.9% |
| Max Negative | -29.8% | -32.7% | -45.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/06/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
Recent Forward Guidance
Updated 6/1/2026Latest: Q1 2026 Earnings Reported 5/6/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 43.00 Mil | 44.00 Mil | 45.00 Mil | ||||
| Q2 2026 Adjusted EBITDA Loss | -1.00 Mil | -0.75 Mil | -0.50 Mil | ||||
| 2026 Revenue | 170.00 Mil | 172.50 Mil | 175.00 Mil | 0.9% | Raised | Guidance: 171.00 Mil for 2026 | |
| 2026 Adjusted EBITDA Loss | -4.00 Mil | -3.00 Mil | -2.00 Mil | 1100.0% | Lowered | Guidance: -0.25 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 40.00 Mil | 41.00 Mil | 42.00 Mil | Higher New | |||
| Q1 2026 Adjusted EBITDA | -1.90 Mil | -1.75 Mil | -1.60 Mil | ||||
| 2026 Revenue | 169.00 Mil | 171.00 Mil | 173.00 Mil | 4.9% | Higher New | Actual: 163.00 Mil for 2025 | |
| 2026 Adjusted EBITDA | -1.00 Mil | -0.25 Mil | 0.50 Mil | -104.8% | Lower New | Actual: 5.25 Mil for 2025 | |
Insider Activity
Updated 6/12/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Caisse, De Depot ET Placement DU Quebec | Direct | Sell | 5282026 | 1.90 | 2,150,000 | 4,085,000 | 21,660,813 | Form | |
| 2 | Taylor, Amy | President & CEO | Direct | Sell | 3302026 | 1.16 | 10,776 | 12,522 | 2,777,316 | Form |
| 3 | Taylor, Amy | President & CEO | Direct | Sell | 3302026 | 1.14 | 66,501 | 75,645 | 2,731,016 | Form |
| 4 | Taylor, Amy | President & CEO | Direct | Sell | 3302026 | 1.17 | 66,731 | 77,902 | 2,880,436 | Form |
| 5 | Satya, Girish | Chief Financial Officer | Direct | Sell | 3272026 | 1.18 | 41,662 | 49,136 | 386,736 | Form |
Industry Resources
| Consumer Staples Resources |
| FoodNavigator |
| Consumer Goods Technology (CGT) |
| Beverage Digest |
| Soft Drinks & Non-alcoholic Beverages Resources |
| Beverage Daily |
| BevNET |
| Beverage Industry |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 6/13/2026