Zevia PBC
- Open
- 1.64
- Day high
- 1.76
- Day low
- 1.64
- Prev close
- 1.63
- Volume
- 273K
- Mkt cap
- $126M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 2.8
- P/S
- 0.7
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$4.1M over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions accumulating (13F)
Zevia PBC (ZVIA) is a Consumer Defensive company listed on NYSE. The stock is down 47% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
Zevia PBC (ZVIA) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
ZVIA earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $-0.03 | $-0.03 | +0.0% | $46M | +12.5% |
| Feb 25, 2026 | $-0.03 | $-0.02 | +33.3% | $38M | -7.4% |
| Nov 5, 2025 | $-0.06 | $-0.04 | +33.3% | $41M | +2.2% |
| Aug 6, 2025 | $-0.05 | $-0.01 | +80.0% | $45M | +9.6% |
| Feb 26, 2025 | $-0.07 | $-0.07 | +0.0% | $39M | +6.2% |
| May 8, 2024 | $-0.10 | $-0.10 | +0.0% | $39M | -1.6% |
| Feb 27, 2024 | $-0.13 | $-0.14 | -7.7% | $38M | +1.2% |
| Feb 28, 2023 | $-0.12 | $-0.10 | +16.7% | $35M | -15.8% |
| Nov 10, 2022 | $-0.21 | $-0.17 | +19.0% | $44M | -7.4% |
| Aug 11, 2022 | $-0.18 | $-0.28 | -55.6% | $46M | +8.0% |
| May 12, 2022 | $-0.11 | $-0.30 | -172.7% | $38M | +1.3% |
| Feb 24, 2022 | $-0.07 | $0.34 | +585.7% | $34M | -5.9% |
ZVIA insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 17, 2026 | Ruberti Alexandredirector, officer: President & CEO | Grant | 1,013,133 | — |
| Jun 12, 2026 | Lee David J.director | Grant | 72,464 | — |
| Jun 12, 2026 | Ruben Andrewdirector | Grant | 72,464 | — |
| Jun 12, 2026 | Ruberti Alexandredirector | Grant | 72,464 | — |
| Jun 12, 2026 | Ruehl Julie Garciadirector | Grant | 72,464 | — |
| Jun 12, 2026 | Ginestro Suzanne Saltzmandirector | Grant | 72,464 | — |
| Jun 12, 2026 | Spence Padraic L.director | Grant | 72,464 | — |
| May 28, 2026 | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC10 percent owner | Sell | 2,150,000 | $1.90 |
| Mar 30, 2026 | Taylor Amydirector, officer: President & CEO | Sell | 10,776 | $1.16 |
| Mar 30, 2026 | Taylor Amydirector, officer: President & CEO | Grant | 1,021,277 | — |
| Mar 30, 2026 | Taylor Amydirector, officer: President & CEO | Sell | 66,731 | $1.17 |
| Mar 30, 2026 | Taylor Amydirector, officer: President & CEO | Sell | 66,501 | $1.14 |
| Mar 27, 2026 | Satya Girishofficer: Chief Financial Officer | Sell | 41,662 | $1.18 |
| Mar 27, 2026 | Satya Girishofficer: Chief Financial Officer | Grant | 453,901 | — |
| Mar 4, 2026 | Spence Padraic L.director | Sell | 40,000 | $1.44 |
Source: ZVIA SEC Form 4 filings, latest Jun 17, 2026. For informational purposes only — not investment advice.
See the full ZVIA insider & 13F page →Zevia PBC company profile
Overview
Zevia PBC (NYSE:ZVIA) is a beverage company founded in 2007 and headquartered in Encino, California. The company went public in July 2021 and operates as a Public Benefit Corporation, reflecting its mission to provide healthier beverage alternatives. Zevia has positioned itself as a pioneer in the naturally sweetened, zero-calorie beverage market, developing and marketing products that serve as alternatives to traditional sugary sodas and drinks. The company has grown from a startup focused on stevia-sweetened sodas to a multi-category beverage brand distributed across thousands of retail locations in the United States and Canada.
Business
Zevia operates in the non-alcoholic beverage industry, specifically targeting the growing better-for-you beverage segment. The company's core offering revolves around beverages sweetened with stevia, a natural, plant-based sweetener that provides zero calories without artificial ingredients. This positions Zevia as an alternative to both traditional sugar-sweetened beverages and artificially sweetened diet drinks. The company's product portfolio spans multiple beverage categories. Carbonated sodas represent the flagship product line, offering classic flavors like cola, root beer, and ginger ale, as well as unique varieties such as cream soda and black cherry. The soda category likely represents the largest portion of revenue, though specific breakdowns are not disclosed. Energy drinks form another significant category, providing caffeine-enhanced beverages without sugar or artificial stimulants. The company also produces organic teas, both hot and cold varieties, sparkling water with natural flavors, mixers for cocktails and mocktails, and Kidz beverages specifically formulated for children. Stevia, the key differentiating ingredient, is extracted from the stevia rebaudiana plant and provides sweetness without the calories of sugar or the artificial nature of synthetic sweeteners like aspartame. This natural positioning appeals to health-conscious consumers seeking to reduce sugar intake while avoiding artificial ingredients. The company has invested significantly in taste improvement, working to create what they describe as a "more sugar-like experience" to overcome the sometimes bitter aftertaste associated with stevia-based products.
Competitive moat
Zevia's competitive moat appears relatively narrow but defensible in specific areas. The company's primary advantage lies in its first-mover status in the naturally sweetened, zero-calorie soda category, having established the Zevia brand as synonymous with stevia-based beverages since 2007. This brand recognition provides some consumer loyalty and shelf space advantages. The company has developed taste formulation expertise that helps overcome stevia's natural bitterness, creating what management describes as a "more sugar-like experience." This technical knowledge, combined with established relationships with stevia suppliers, provides some operational advantages. Zevia's positioning as a Public Benefit Corporation also resonates with environmentally and health-conscious consumers, creating emotional brand attachment beyond pure taste preferences. However, the moat faces significant challenges. Large beverage companies like Coca-Cola and PepsiCo possess vastly superior distribution networks, marketing budgets, and retailer relationships. They can quickly launch competing products with natural sweeteners and leverage their scale advantages. The stevia sweetening technology itself is not proprietary, and taste improvements can be replicated by well-funded competitors. The company's small scale limits its ability to secure premium shelf placement and creates vulnerability to retailer consolidation. Private label alternatives from major retailers pose an additional threat, as evidenced by some mass operators introducing their own better-for-you beverage lines. While Zevia has carved out a niche, the moat is primarily dependent on continued execution in brand building, distribution expansion, and taste innovation rather than any insurmountable competitive barriers.
Risks & safety
Zevia presents a moderate margin of safety from a financial stability perspective, though profitability remains elusive. • Cash position: Strong with $27.7 million in cash and short-term investments as of Q1 2025, providing adequate runway • Debt levels: Minimal debt with debt-to-equity ratio of only 0.023, indicating low financial leverage risk • Current ratio: Healthy at 2.34, suggesting good short-term liquidity • Cash burn: Negative free cash flow of $2.9 million in Q1 2025, but improving operational efficiency • Solvency risk: Low given strong balance sheet and minimal debt obligations • Valuation concerns: Trading at negative P/E ratios due to losses, though EV/EBITDA of -6.8x reflects current unprofitability • Graham net-net: 0.29, indicating current assets exceed market cap after subtracting all liabilities • Revenue trends: Modest decline with 2024 revenue of $155 million vs $166 million in 2023 • Path to profitability: Management targets positive adjusted EBITDA by 2026 through cost savings and revenue growth initiatives • Market position: Leading position in niche natural soda category provides some downside protection
Recent development
Over the past few years, Zevia has undergone significant strategic transformation focused on three key pillars: enhanced marketing, product innovation, and distribution expansion. The company completed a comprehensive brand refresh in 2023, introducing new packaging and logo design to improve on-shelf visibility and consumer appeal. Marketing evolution has been particularly notable, with the company shifting from primarily retail-focused promotion to broader brand awareness campaigns. The recent "Get The Fake Outta Here" campaign featuring artist Jelly Roll generated 2.4 billion earned impressions, while the viral "Break from the Artificial" holiday campaign demonstrated the company's ability to create culturally relevant content. This represents a significant strategic shift toward building long-term brand equity rather than just driving immediate sales. Product innovation has accelerated with new flavor introductions including Strawberry Lemon Burst, Orange Creamsicle, Creamy Root Beer, Vanilla Cola, and Cran-Raspberry. The company has also expanded variety pack offerings and improved taste profiles to create more sugar-like experiences. These innovations target both trial generation and existing customer retention. Distribution expansion represents perhaps the most significant strategic development. The Walmart relationship expanded dramatically from 800 to 4,300 stores, while new partnerships with Walgreens (8,000 stores) and Albertsons provide substantial growth platforms. The company has also initiated a Direct Store Delivery (DSD) strategy, starting in the Pacific Northwest and Southwest regions, which enables better in-store merchandising and convenience channel penetration. Operationally, Zevia implemented a comprehensive productivity initiative targeting $15 million in annual cost savings through supply chain optimization, SKU rationalization, and operational efficiency improvements. This initiative has enabled the company to reinvest in marketing while improving gross margins from the low-40% range to approximately 50%.
ZVIA company profile · for informational purposes only — not investment advice.
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