Filing Flows › Zevia PBC (ZVIA) › Q1 2026
Zevia PBC (ZVIA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Zevia PBC (ZVIA) reported revenue of $46.1M for the first quarter 2026 (Q1 2026), +21% from a year earlier and +22% from the quarter before. Operating margin was -5.1%, net loss $2.4M (5.1% of revenue).
Zevia PBC, Q1 2026: revenue $46.1M (+21% year over year), operating margin -5.1%, net loss $2.4M, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.1M | +22% | +21% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | $1.6M | — | — |
| Free cash flow | $1.4M | — | — |
What changed
Revenue was $46.1M in Q1 2026, up 21% year over year and up 22% from the previous quarter.
Gross margin was 48.4%, down 1.7 points from Q1 2025. Operating costs exceeded revenue by $2.4M, an operating margin of -5.1%. Operating expenses fell 3% while revenue rose 21%. The fastest-growing cost line was General & admin (+30%). The quarter ended with a net loss of $2.4M, wider than the previous quarter's $1.3M loss. Minority interests bore $96K of it: to shareholders the quarter was a loss of $2.3M.
Operating cash flow was $1.6M. Non-cash charges added back $168K of depreciation and amortization and $894K of share-based compensation. Working capital and other items added $2.9M. Capital expenditures of $270K left free cash flow of $1.4M.
Questions
What was Zevia PBC's revenue in the first quarter 2026?
Zevia PBC (ZVIA) reported revenue of $46.1M for the first quarter 2026 (Q1 2026), +21% from a year earlier and +22% from the quarter before.
Was Zevia PBC profitable in the first quarter 2026?
Operating loss was $2.4M (-5.1% of revenue) and net loss $2.4M.
Source: Zevia PBC 10-Q on SEC EDGAR.