Filing Flows › Zevia PBC (ZVIA) › Q3 2026
Zevia PBC (ZVIA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Zevia PBC (ZVIA) reported revenue of $48.3M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +7% from the quarter before. Operating margin was -4.5%, net loss $2.2M (4.5% of revenue).
Zevia PBC, Q3 2026: revenue $48.3M (+18% year over year), operating margin -4.5%, net loss $2.2M, operating cash flow $1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.3M | +7% | +18% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | $1.5M | -34% | 13× |
| Free cash flow | $1.3M | -38% | — |
What changed
Revenue was $48.3M in Q3 2026, up 18% year over year and up 7% from the previous quarter.
Gross margin was 46.4%, up 0.8 points from Q3 2025. Operating costs exceeded revenue by $2.2M, an operating margin of -4.5%. Operating expenses grew 14% against revenue growth of 18%. The fastest-growing cost line was Sales & marketing (+20%). The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $2.9M loss. Minority interests bore $49K of it: to shareholders the quarter was a loss of $2.1M.
Operating cash flow was $1.5M (up 1206% year over year). Non-cash charges added back $163K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $169K left free cash flow of $1.3M.
Questions
What was Zevia PBC's revenue in the third quarter 2026?
Zevia PBC (ZVIA) reported revenue of $48.3M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +7% from the quarter before.
Was Zevia PBC profitable in the third quarter 2026?
Operating loss was $2.2M (-4.5% of revenue) and net loss $2.2M.
Source: Zevia PBC 10-Q on SEC EDGAR.