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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Zevia PBC
Zevia PBC (ZVIA) investor relations material
Zevia PBC Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary5 Aug, 2026
Executive summary
Net sales for Q2 2026 reached $45.0 million, up 1.1% year-over-year, driven by pricing actions despite a 3.7% volume decline; six-month net sales rose 10.4% to $91.1 million, primarily from expanded distribution and higher e-commerce volumes.
Gross profit margin improved to 48.9%, up 0.2 percentage points year-over-year, aided by pricing actions but partially offset by higher aluminum costs.
Net loss widened to $2.9 million, primarily due to higher equity-based compensation, including a $1.0 million brand endorsement agreement and restructuring costs.
Adjusted EBITDA rose to $0.5 million, a $0.3 million improvement year-over-year, with first half adjusted EBITDA at $1.5 million.
CEO Alexandre Ruberti appointed in June 2026, outlining a strategic focus on growth, profitability, and disciplined execution.
Financial highlights
Q2 2026 net sales increased by $0.5 million year-over-year to $45.0 million, with gross profit of $22.0 million and gross margin of 48.9%.
First half 2026 net sales were $91.1 million, up 10.4% year-over-year; gross margin for the period was 48.6%.
Net loss for Q2 2026 was $2.9 million, and for the first half $5.1 million; adjusted net loss for Q2 was $1.8 million.
Cash and cash equivalents at June 30, 2026, were $28.5 million, with no outstanding debt and a $20 million undrawn credit facility.
Operating expenses for Q2 2026 were $24.9 million, up 9.7% year-over-year, mainly from higher equity-based compensation and restructuring costs.
Outlook and guidance
Full-year 2026 net sales expected between $170 million and $175 million, with adjusted EBITDA loss projected between $2.0 million and $4.0 million.
Q3 2026 net sales guidance: $44.0 million to $46.0 million; adjusted EBITDA loss: $3.0 million to $3.5 million; gross margin expected to dip to 46% due to higher aluminum and promotional costs.
$3 million–$5 million in additional cost savings targeted for Q1 2027.
Ongoing cost pressures from tariffs and inflation are expected, but productivity initiatives and warehouse restructuring are anticipated to yield annualized cost savings of $4.1 million.
Discontinuation of the tea line in 2026, with focus on core soda and energy drinks.
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Next Zevia PBC earnings date
Q3 20264 Nov, 2026
Zevia PBC
Next Zevia PBC earnings date
Q3 20264 Nov, 2026
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Frequently asked questions
Zevia PBC is a beverage company that produces a range of zero-calorie, naturally sweetened drinks. The company's product offerings include sodas, energy drinks, teas, mixers, and sparkling water, all sweetened with stevia, a plant-based alternative to sugar. Zevia caters to health-conscious consumers seeking sugar-free and non-GMO beverage options, promoting better-for-you products without artificial ingredients. The company is headquartered in Los Angeles, California, and its shares are listed on the NYSE.