Zevia reports higher Q2 2026 sales as pricing gains offset decline in beverage volumes
Zevia recorded stronger sales and improved margins in the second quarter as efficiency measures helped offset rising costs and lower volumes.
USA – Zevia has reported a 1.1% increase in net sales for the second quarter of 2026, with higher pricing helping to offset a decline in beverage volumes and continued cost pressures across the business.
The zero-sugar beverage producer recorded net sales of US$45 million during the quarter, compared with the corresponding period in 2025. The company attributed the growth primarily to pricing adjustments, which helped counterbalance a 3.7% decline in volumes resulting largely from distribution load-ins recorded during the previous year.
Gross profit margin increased slightly to 48.9% from 48.7% in the second quarter of 2025. Zevia said the improvement reflected the positive impact of pricing measures, although higher aluminium costs partially offset the gains.
Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to US$0.5 million, compared with US$0.2 million a year earlier.
Despite the stronger operating performance, the company reported a net loss of US$2.9 million, compared with a loss of US$0.7 million during the same period last year. Adjusted net loss widened to US$1.8 million from US$0.6 million after excluding restructuring expenses and certain litigation-related costs.
Selling and marketing expenses declined slightly to US$13.1 million, accounting for 29% of net sales, compared with US$13.4 million, or 30% of net sales, in the second quarter of 2025.
Selling expenses also decreased to US$8.1 million from US$8.7 million. According to the company, savings generated through its productivity programme, lower distribution fees and reduced warehousing and repackaging expenses contributed to the decline. However, increased fuel prices continued to drive higher freight costs.
Commenting on the results, chief financial officer Girish Satya highlighted the company’s focus on improving performance and profitability.
“Our first half of 2026 reflects steady execution and a continued focus on our strategic growth pillars,” Satya said.
“We believe we are uniquely positioned in the market, with a significant opportunity ahead that has yet to be fully captured. As we move forward, we are focused on disciplined execution, improving profitability and enhanced commercial performance, along with targeted investments to strengthen our capabilities and support sustainable long-term value creation.”
Looking ahead, Zevia maintained its full-year guidance and expects net sales of between US$170 million and US$175 million in 2026. The company also forecast an adjusted EBITDA loss of between US$2 million and US$4 million.
For the third quarter of 2026, Zevia expects net sales of between US$44 million and US$46 million.
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