Zevia PBC (NYSE:ZVIA) Announces Quarterly Earnings Results

Zevia PBC (NYSE:ZVIA) issued its quarterly earnings results on Wednesday. The company reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03), FiscalAI reports. Zevia PBC had a negative net margin of 4.11% and a negative return on equity of 13.22%. The company had revenue of $46.09 million during the quarter, compared to the consensus estimate of $40.97 million.

Here are the key takeaways from Zevia PBC’s conference call:

• Zevia reported a strong Q1 with 21.2% net sales growth to $46.1M and adjusted EBITDA of about $0.9M, both above expectations.
• Management is leaning into a major marketing push—including a new Cardi B partnership and two brand campaigns—that generated record organic social reach and engagement.
• Product innovation and packaging refresh (new fruit flavors and improved taste) are rolling out, with management saying the new packaging should be largely on shelves by end of Q2 and early velocity/​incrementality results above median at key retailers.
• Distribution momentum continued with a national Costco rotation, Walmart chain and Canadian expansion, club channel entries, and strong e‑commerce performance, which management expects will broaden household penetration.
• Rising input and fuel costs pressured gross margin (down 170 bps to 48.4%) and prompted a revised 2026 outlook of net sales $170–$175M but adjusted EBITDA of negative $2M to negative $4M due to an ~$11M incremental cost headwind.

Zevia PBC Stock Performance

Shares of NYSE:ZVIA traded up $0.17 during midday trading on Friday, reaching $1.47. The company had a trading volume of 1,010,879 shares, compared to its average volume of 469,304. Zevia PBC has a 1-year low of $1.11 and a 1-year high of $3.66. The firm has a market cap of $110.02 million, a price-to-earnings ratio of -14.65 and a beta of 0.95. The company has a fifty day simple moving average of $1.26 and a two-hundred day simple moving average of $1.88.

Insider Transactions at Zevia PBC

In other Zevia PBC news, CFO Girish Satya sold 41,662 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $1.18, for a total transaction of $49,161.16. Following the sale, the chief financial officer owned 327,909 shares in the company, valued at approximately $386,932.62. The trade was a 11.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.11% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ZVIA. Quadrature Capital Ltd purchased a new stake in shares of Zevia PBC in the 4th quarter valued at approximately $26,000. Engineers Gate Manager LP purchased a new position in Zevia PBC during the 4th quarter worth approximately $28,000. The Manufacturers Life Insurance Company acquired a new stake in Zevia PBC during the 4th quarter valued at $38,000. Tocqueville Asset Management L.P. acquired a new stake in Zevia PBC during the 3rd quarter valued at $44,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Zevia PBC by 2,460.7% in the second quarter. JPMorgan Chase & Co. now owns 15,518 shares of the company’s stock valued at $50,000 after purchasing an additional 14,912 shares in the last quarter. 53.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ZVIA. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zevia PBC in a report on Monday, April 20th. Telsey Advisory Group reduced their target price on shares of Zevia PBC from $6.00 to $5.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Finally, Craig Hallum started coverage on shares of Zevia PBC in a research report on Thursday, January 15th. They issued a “buy” rating and a $4.00 price target on the stock. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zevia PBC presently has a consensus rating of “Hold” and a consensus price target of $4.43.

About Zevia PBC

Zevia PBC, headquartered in Los Angeles, is a Public Benefit Corporation that produces zero-calorie, naturally sweetened beverages. Founded in 2007, the company went public through a merger with a special purpose acquisition company in March 2021. Zevia’s mission centers on offering healthier drink alternatives by using stevia leaf extract and other plant-based ingredients rather than sugar or artificial sweeteners.

The company’s product portfolio spans multiple categories, including carbonated sodas, sparkling water, energy drinks, mixers and flavored teas.