Filing Flows › Zevia PBC (ZVIA) › Q1 2025
Zevia PBC (ZVIA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Zevia PBC (ZVIA) reported revenue of $38.0M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -4% from the quarter before. Operating margin was -16.8%, net loss $6.4M (16.8% of revenue).
Zevia PBC, Q1 2025: revenue $38.0M (-2% year over year), operating margin -16.8%, net loss $6.4M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.0M | -4% | -2% |
| Operating profit | −$6.4M | — | — |
| Net earnings | −$6.4M | — | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $38.0M in Q1 2025, down 2% year over year and down 4% from the previous quarter.
Gross margin was 50.1%, up 4.4 points from a year earlier. Operating costs exceeded revenue by $6.4M, an operating margin of -16.8%. Operating expenses grew 2% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+72%). The quarter ended with a net loss of $6.4M, narrower than the previous quarter's $6.8M loss. Minority interests bore $1.1M of it: to shareholders the quarter was a loss of $5.2M.
Operating cash flow was −$2.9M. Non-cash charges added back $252K of depreciation and amortization and $731K of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $11K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Zevia PBC's revenue in the first quarter 2025?
Zevia PBC (ZVIA) reported revenue of $38.0M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -4% from the quarter before.
Was Zevia PBC profitable in the first quarter 2025?
Operating loss was $6.4M (-16.8% of revenue) and net loss $6.4M.
Source: Zevia PBC 10-Q on SEC EDGAR.