Filing Flows › National Beverage (FIZZ) › Q4 FY26 › vs Q4 FY25
National Beverage (FIZZ) Q4 FY26 vs Q4 FY25 (year over year)
National Beverage's revenue fell $16.5M (-5%) from $314M in Q4 FY25 to $297M in Q4 FY26. Gross margin 34.7% against 36.1% (-1.4 pts).
National Beverage, Q4 FY26: revenue $297M (-5% year over year), operating margin 16.9%, net earnings $40.3M, operating cash flow $45.5M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 34.7% | 36.1% | -1.4 pts |
| Operating margin | 16.9% | 18.3% | -1.5 pts |
| Net margin | 13.6% | 14.3% | -0.7 pts |
| Free cash flow margin | 12.0% | 14.2% | -2.2 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $297M | $314M | −$16.5M | -5% |
| Gross profit | $103M | $113M | −$10.2M | -9% |
| Cost of revenue | $194M | $200M | −$6.3M | -3% |
| Other income, net | $2.8M | $1.6M | $1.1M | +70% |
| Operating profit | $50.1M | $57.5M | −$7.4M | -13% |
| Operating expenses | $52.9M | $55.7M | −$2.8M | -5% |
| Pre-tax earnings | $52.9M | $59.1M | −$6.2M | -11% |
| Net earnings | $40.3M | $44.8M | −$4.4M | -10% |
| Income tax | $12.6M | $14.4M | −$1.8M | -12% |
| Depreciation & amortization | $6.1M | $5.5M | $591K | +11% |
| Share-based compensation | $96K | $141K | −$45K | -32% |
| Working capital & other | $959K | −$9.7M | $10.6M | — |
| Operating cash flow | $45.5M | $60.1M | −$14.5M | -24% |
| Free cash flow (OCF − capex) | $35.6M | $44.6M | −$9.0M | -20% |
| Capital expenditures | $9.9M | $15.5M | −$5.5M | -36% |
Questions
How much did National Beverage's revenue grow year over year in Q4 FY26?
National Beverage's revenue fell $16.5M (-5%) from $314M in Q4 FY25 to $297M in Q4 FY26. Gross margin 34.7% against 36.1% (-1.4 pts).