Filing Flows › Zevia PBC (ZVIA) › Q2 2025
Zevia PBC (ZVIA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Zevia PBC (ZVIA) reported revenue of $44.5M for the second quarter 2025 (Q2 2025), +10% from a year earlier and +17% from the quarter before. Operating margin was -2.3%, net loss $651K (1.5% of revenue).
Zevia PBC, Q2 2025: revenue $44.5M (+10% year over year), operating margin -2.3%, net loss $651K, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.5M | +17% | +10% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$651K | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $44.5M in Q2 2025, up 10% year over year and up 17% from the previous quarter.
Gross margin was 48.7%, up 6.8 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -2.3%. Operating expenses fell 5% while revenue rose 10%. The quarter ended with a net loss of $651K, narrower than the previous quarter's $6.4M loss. Non-operating items added $382K, -60% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.4M. Non-cash charges added back $236K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $2.0M. Capital expenditures of $34K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Zevia PBC's revenue in the second quarter 2025?
Zevia PBC (ZVIA) reported revenue of $44.5M for the second quarter 2025 (Q2 2025), +10% from a year earlier and +17% from the quarter before.
Was Zevia PBC profitable in the second quarter 2025?
Operating loss was $1.0M (-2.3% of revenue) and net loss $651K.
Source: Zevia PBC 10-Q on SEC EDGAR.