Filing Flows › National Beverage (FIZZ) › How it makes money
How National Beverage (FIZZ) makes money
National Beverage (FIZZ) made $331M of revenue in the first quarter fiscal 2027 (Q1 FY27), 0% from a year earlier. Of every dollar of revenue, 35¢ was left as gross profit, 18¢ was left as operating profit, 14¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $331M | 100.0% |
| Cost of revenue | $215M | 65.0% |
| Gross profit | $116M | 35.0% |
| Operating expenses | $57.3M | 17.3% |
| Operating profit | $58.5M | 17.7% |
| Income tax | $14.7M | 4.4% |
| Net earnings | $47.0M | 14.2% |
| Operating cash flow | $64.8M | 19.6% |
| Free cash flow | $61.8M | 18.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $331M | 0% |
| Q4 FY26 | $297M | -5% |
| Q3 FY26 | $265M | -0.9% |
| Q2 FY26 | $288M | -1% |
| Q1 FY26 | $331M | +0.3% |
| Q4 FY25 | $314M | +6% |
| Q3 FY25 | $267M | -1% |
From National Beverage's 10-Q filed Sep 10, 2026 (on EDGAR).
Questions
How does National Beverage make money?
National Beverage (FIZZ) made $331M of revenue in the first quarter fiscal 2027 (Q1 FY27), 0% from a year earlier. Of every dollar of revenue, 35¢ was left as gross profit, 18¢ was left as operating profit, 14¢ was left as net earnings.
What is National Beverage's profit margin?
Net earnings were $47.0M, 14.2% of revenue, in the first quarter fiscal 2027; the operating margin was 17.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.