National Beverage Corp.
Consumer DefensiveNASDAQ:FIZZ · NASDAQ Global Select
-$0.02 today
Vol 0.22M · Avg 0.26M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$1.2B of revenue converted into $188.1M of net income for the selected period. Gross margin is 38.2% and net margin is 15.7%, showing how much revenue survives after costs and taxes. EPS is $2.01, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B +0.8% | $1.2B +1.6% | $1.2B +3.1% | $1.1B +6.1% | $1.1B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $757.4M -0.8% | $763.2M -1.7% | $776.1M +7.8% | $720.2M +10.7% | $650.6M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $443.9M +3.6% | $428.5M +8.0% | $396.8M -5.0% | $417.8M -0.9% | $421.6M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 37.0% +1.0pp | 36.0% +2.1pp | 33.8% -2.9pp | 36.7% -2.6pp | 39.3% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $208.5M -0.7% | $209.9M -0.1% | $210.1M +0.1% | $209.9M +8.3% | $193.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $208.5M -0.7% | $209.9M -0.1% | $210.1M +0.1% | $209.9M +8.3% | $193.8M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $20.8M +3.2% | $20.2M -39.4% | $33.3M +4.7% | $31.8M +2.1% | $31.2M | $374.2M | $1.2B | $631.8M |
| EBITDA | $265.4M +6.1% | $250.0M +13.7% | $220.0M -8.1% | $239.4M -7.6% | $259.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 22.1% +1.1pp | 21.0% +2.2pp | 18.8% -2.3pp | 21.0% -3.1pp | 24.2% | 5.6% | 46.3% | 42.0% |
| Operating Income | $235.5M +7.8% | $218.5M +17.0% | $186.7M -10.2% | $207.9M -8.8% | $227.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 19.6% +1.3pp | 18.3% +2.4pp | 15.9% -2.3pp | 18.3% -3.0pp | 21.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $9.3M -23.8% | $12.2M +430.4% | $2.3M +1050.0% | $200.0K -66.7% | $600.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $9.1M -19.7% | $11.3M +4785.1% | -$242.0K +6.9% | -$260.0K -183.3% | $312.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $244.6M +6.4% | $229.8M +23.3% | $186.4M -10.2% | $207.6M -9.0% | $228.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 20.4% +1.1pp | 19.3% +3.4pp | 15.9% -2.3pp | 18.2% -3.0pp | 21.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $57.7M +8.7% | $53.1M +20.0% | $44.3M -9.8% | $49.1M -9.1% | $54.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $186.8M +5.7% | $176.7M +24.3% | $142.2M -10.3% | $158.5M -9.0% | $174.1M | $4.9B | $4.8B | $4.7B |
| Net Margin | 15.6% +0.7pp | 14.8% +2.7pp | 12.1% -1.8pp | 13.9% -2.3pp | 16.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +5.8% | $2 +24.3% | $2 -10.6% | $2 -9.1% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +5.3% | $2 +24.3% | $2 -10.1% | $2 -9.1% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $93.6M +0.2% | $93.4M +0.1% | $93.3M +0.0% | $93.3M +0.0% | $93.3M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $93.7M +0.1% | $93.6M +0.0% | $93.6M +0.0% | $93.6M -0.0% | $93.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
The Vita Coco Company, Inc.
NASDAQ:COCO
$4.62B
Stride, Inc.
NYSE:LRN
$4.16B
Adtalem Global Education Inc.
ATGE
$3.87B
Inter Parfums, Inc.
NASDAQ:IPAR
$3.26B
RLX Technology Inc.
NYSE:RLX
$2.51B
Chagee Holdings Limited American Depositary Shares
NASDAQ:CHA
$2.32B
Compañía Cervecerías Unidas S.A.
NYSE:CCU
$2.13B
The Boston Beer Company, Inc.
NYSE:SAM
$1.95B
Embotelladora Andina S.A.
AKO
$0.00
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does FIZZ generate?
National Beverage Corp. (FIZZ) reported $1.20B of revenue in fiscal 2025.
Is FIZZ profitable?
National Beverage Corp. (FIZZ) reported $186.82M of net income, with a net margin of 15.6%.
Explore More
Continue the stock analysis
Jump to another research area for this company.