Zevia PBC
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Zevia PBC
Zevia PBC engages in the production of zero-calorie diet sodas. The company is headquartered in Encino, California and currently employs 119 full-time employees. The company went IPO on 2021-07-22. The firm is a beverage brand that offers a platform of products, including a variety of flavors across soda, energy drinks, organic tea, mixers, kidz drinks, and sparkling water. The company offers a portfolio carbonated and non-carbonated soft drinks under the Zevia brand. Zevia's soda is available in 15 different flavors. Zevia's energy drinks are zero sugar energy drinks, which is available in six flavors: grapefruit, kola, mango ginger, raspberry lime, pineapple paradise and strawberry kiwi. Mixers are its non-alcoholic beverage that is available in three flavors: ginger beer, tonic and lemon lime with bitters. Organic tea is a zero calorie, naturally sweetened ready-to-drink tea offered in eight flavors, including two caffeine-free options. Its kidz drinks are available in six kid-friendly flavors. Its sparkling water are lightly flavored sparkling water that is available in two flavors.
Zevia PBC engages in the production of zero-calorie diet sodas. The company is headquartered in Encino, California and currently employs 119 full-time employees. The company went IPO on 2021-07-22. The firm is a beverage brand that offers a platform of products, including a variety of flavors across soda, energy drinks, organic tea, mixers, kidz drinks, and sparkling water. The company offers a portfolio carbonated and non-carbonated soft drinks under the Zevia brand. Zevia's soda is available in 15 different flavors. Zevia's energy drinks are zero sugar energy drinks, which is available in six flavors: grapefruit, kola, mango ginger, raspberry lime, pineapple paradise and strawberry kiwi. Mixers are its non-alcoholic beverage that is available in three flavors: ginger beer, tonic and lemon lime with bitters. Organic tea is a zero calorie, naturally sweetened ready-to-drink tea offered in eight flavors, including two caffeine-free options. Its kidz drinks are available in six kid-friendly flavors. Its sparkling water are lightly flavored sparkling water that is available in two flavors.
Sales Beat: Zevia's Q3 net sales grew 12% to $40.8 million, exceeding expectations and driving a raise in full-year sales guidance.
Guidance Raised: Full-year 2025 net sales guidance increased to $162–164 million (from $158–163 million), and adjusted EBITDA loss guidance improved to $5–5.5 million.
Distribution Gains: Expanded distribution at Walmart and new club channel rotations fueled growth; Walmart Canada expansion to over 400 stores seen as a future growth lever.
Marketing Momentum: Brand-building and innovation efforts led to double-digit gains in brand consideration and purchase intent, supported by successful campaigns and new products.
Gross Margin Decline: Gross margin fell 350 basis points to 45.6%, impacted by packaging refresh costs and aluminum tariffs.
Profitability Outlook: Zevia still targets positive adjusted EBITDA in 2026, with ongoing productivity initiatives and planned reinvestment in growth.
Household Penetration: Household penetration is back above 5%, with room to grow towards the category average of 20%.