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Zevia PBC (ZVIA) Stock Fundamental Analysis & AI Rating 2026

ZVIA NYSE Bottled & Canned Soft Drinks & Carbonated Waters DE CIK: 0001854139
Recently Updated • Analysis: Apr 20, 2026 • SEC Data: 2025-12-31
SELL
85% Conf
Pending
Analysis scheduled

📊 ZVIA Key Takeaways

Revenue: $161.3M
Net Margin: -6.2%
Free Cash Flow: $-5.0M
Current Ratio: 2.08x
Debt/Equity: 0.00x
EPS: $-0.15
AI Rating: SELL with 85% confidence
Zevia PBC (ZVIA) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $161.3M, net profit margin of -6.2%, and return on equity (ROE) of -19.4%, Zevia PBC demonstrates mixed fundamentals in the Market sector. Below is our complete ZVIA stock analysis for 2026.

Is Zevia PBC (ZVIA) a Good Investment?

Claude

Zevia is an unprofitable beverage company burning cash operationally despite strong gross margins of 48%, indicating cost structure misalignment with revenue generation. Flat revenue growth combined with negative operating cash flow (-4.7M) and negative free cash flow (-5.0M) signal inability to scale profitably, creating an unsustainable business model. While the strong balance sheet ($25.4M cash, zero debt) provides runway, operational improvements must materialize soon to prevent cash depletion.

Why Buy Zevia PBC Stock? ZVIA Key Strengths

Claude
  • + Excellent gross margin of 48% demonstrates strong pricing power and product positioning in health-focused beverage category
  • + Fortress balance sheet with $25.4M cash, $51M stockholders equity, and zero long-term debt provides financial flexibility without refinancing risk
  • + Healthy liquidity ratios (2.08x current, 1.35x quick) ensure no near-term solvency concerns despite operational losses
  • + EPS improving 55.9% YoY shows operational cost discipline and improving loss trajectory

ZVIA Stock Risks: Zevia PBC Investment Risks

Claude
  • ! Persistent operating losses (-11.8M) and net losses (-9.9M) on flat revenue demonstrate inability to achieve profitability at scale
  • ! Negative operating cash flow (-4.7M) and negative free cash flow (-5.0M) indicate cash burn despite $161.3M revenue, unsustainable without change
  • ! Zero revenue growth (0.0% YoY) in growing health beverage market suggests market share losses or stagnant demand for brand
  • ! At current burn rate of ~$5M annually, cash reserves could deplete in 5 years if operations don't improve
  • ! Negative ROE (-19.4%) and ROA (-15.6%) show shareholder capital destruction and inefficient asset utilization
  • ! Intense competitive landscape in specialty beverages requires rapid growth and scale economics to achieve profitability

Key Metrics to Watch

Claude
  • * Revenue growth rate—must accelerate from 0% to demonstrate market traction and justify current scale
  • * Operating cash flow—critical inflection point; must turn positive to validate business model sustainability
  • * Operating margin trajectory—path to 5%+ operating margin required to justify continued operations
  • * Cash balance depletion rate—monitor quarterly burn to determine runway and forced restructuring timeline

Zevia PBC (ZVIA) Financial Metrics & Key Ratios

Revenue
$161.3M
Net Income
$-9.9M
EPS (Diluted)
$-0.15
Free Cash Flow
$-5.0M
Total Assets
$63.6M
Cash Position
$25.4M

💡 AI Analyst Insight

Strong liquidity with a 2.08x current ratio provides a solid financial cushion.

ZVIA Profit Margin, ROE & Profitability Analysis

Gross Margin 48.0%
Operating Margin -7.3%
Net Margin -6.2%
ROE -19.4%
ROA -15.6%
FCF Margin -3.1%

ZVIA vs Market Sector: How Zevia PBC Compares

How Zevia PBC compares to Market sector averages

Net Margin
ZVIA -6.2%
vs
Sector Avg 12.0%
ZVIA Sector
ROE
ZVIA -19.4%
vs
Sector Avg 15.0%
ZVIA Sector
Current Ratio
ZVIA 2.1x
vs
Sector Avg 1.8x
ZVIA Sector
Debt/Equity
ZVIA 0.0x
vs
Sector Avg 0.7x
ZVIA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Zevia PBC Stock Overvalued? ZVIA Valuation Analysis 2026

Based on fundamental analysis, Zevia PBC has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-19.4%
Sector avg: 15%
Net Profit Margin
-6.2%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Zevia PBC Balance Sheet: ZVIA Debt, Cash & Liquidity

Current Ratio
2.08x
Quick Ratio
1.35x
Debt/Equity
0.00x
Debt/Assets
44.0%
Interest Coverage
N/A
Long-term Debt
N/A

ZVIA Revenue & Earnings Growth: 5-Year Financial Trend

ZVIA 5-year financial data: Year 2021: Revenue $138.2M, Net Income -$2.6M, EPS $-0.75. Year 2022: Revenue $163.2M, Net Income $247.0K, EPS $-0.75. Year 2023: Revenue $166.4M, Net Income -$17.5M, EPS $-0.28. Year 2024: Revenue $166.4M, Net Income N/A, EPS $-0.41. Year 2025: Revenue $161.3M, Net Income -$20.0M, EPS $-0.34.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Zevia PBC's revenue has grown significantly by 17% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.34 indicates the company is currently unprofitable.

ZVIA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-3.1%
Free cash flow / Revenue

ZVIA Quarterly Earnings & Performance

Quarterly financial performance data for Zevia PBC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $36.4M -$2.5M $-0.04
Q2 2025 $40.4M N/A $-0.01
Q1 2025 $38.0M N/A $-0.08
Q3 2024 $36.4M N/A $-0.04
Q2 2024 $40.4M N/A $-0.08
Q1 2024 $38.8M N/A $-0.04
Q3 2023 $43.1M N/A $-0.16
Q2 2023 $42.2M N/A $-0.08

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Zevia PBC Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$4.7M
Cash generated from operations
Capital Expenditures
$307.0K
Investment in assets
Dividends
None
No dividend program

ZVIA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Zevia PBC (CIK: 0001854139)

📋 Recent SEC Filings

Date Form Document Action
Mar 30, 2026 4 xslF345X06/form4-03302026_110309.xml View →
Mar 27, 2026 4 xslF345X06/form4-03272026_080305.xml View →
Mar 4, 2026 4 xslF345X05/form4-03052026_010304.xml View →
Mar 4, 2026 4 xslF345X05/form4-03052026_120358.xml View →
Feb 25, 2026 10-K zvia20251231_10k.htm View →

Frequently Asked Questions about ZVIA

What is the AI rating for ZVIA?

Zevia PBC (ZVIA) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are ZVIA's key strengths?

Claude: Excellent gross margin of 48% demonstrates strong pricing power and product positioning in health-focused beverage category. Fortress balance sheet with $25.4M cash, $51M stockholders equity, and zero long-term debt provides financial flexibility without refinancing risk.

What are the risks of investing in ZVIA?

Claude: Persistent operating losses (-11.8M) and net losses (-9.9M) on flat revenue demonstrate inability to achieve profitability at scale. Negative operating cash flow (-4.7M) and negative free cash flow (-5.0M) indicate cash burn despite $161.3M revenue, unsustainable without change.

What is ZVIA's revenue and growth?

Zevia PBC reported revenue of $161.3M.

Does ZVIA pay dividends?

Zevia PBC does not currently pay dividends.

Where can I find ZVIA SEC filings?

Official SEC filings for Zevia PBC (CIK: 0001854139) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ZVIA's EPS?

Zevia PBC has a diluted EPS of $-0.15.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ZVIA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Zevia PBC has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ZVIA stock overvalued or undervalued?

Valuation metrics for ZVIA: ROE of -19.4% (sector avg: 15%), net margin of -6.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ZVIA stock in 2026?

Our dual AI analysis gives Zevia PBC a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ZVIA's free cash flow?

Zevia PBC's operating cash flow is $-4.7M, with capital expenditures of $307.0K. FCF margin is -3.1%.

How does ZVIA compare to other Market stocks?

Vs Default sector averages: Net margin -6.2% (avg: 12%), ROE -19.4% (avg: 15%), current ratio 2.08 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI