ZVIA on NYSE

Zevia

Logo: Zevia, Public domain, via Wikimedia Commons4

American food company

Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$161.3MRevenue, fiscal 20255
-$9.9MNet income, fiscal 20255
2007Founded1

Compare with REED'S, INC., National Beverage or Celsius Holdings, Inc., or pick any stock.

  • TickerZVIA on NYSE1
  • Industrybeverage industry1
  • HeadquartersLos Angeles1
  • Websitewww.zevia.com
  • Incorporated inDE6
  • Business address15821 Ventura Blvd., Suite 135, Encino, Ca 914366
  • Filer categoryAccelerated filer, Smaller reporting company, Emerging growth company6

Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project. In June 2021, Zevia filed to go public with an IPO.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

48.0%Gross margin5
-7.3%Operating margin5
-6.2%Net margin5
4.0%Revenue growth, 20255
-19.4%Return on equity5
-$5.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 90% of the revenue Zevia broke down this way in fiscal 2025.

  1. United States$144.9M590%up 4% from 2024
  2. Canada$16.3M510%up 7% from 2024
Regions by year
Regions20242025
United States$139.7M$144.9M
Canada$15.3M$16.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue52¢$83.8M
  • Other costs48¢$77.4M
  • Income tax0¢$54.0K

Out of $161.3M in revenue.5 The company lost money this year.

Financial statements

Revenue8910115$161.3M in 2025+47% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $110.0M$110.0M20202021: $138.2M$138.2M2021+26%2022: $163.2M$163.2M2022+18%2023: $166.4M$166.4M2023+2%2024: $155.0M$155.0M2024−7%2025: $161.3M$161.3M2025+4%
Gross profit8910115$77.4M in 2025+56% since 2020
0$20.0M$40.0M$60.0M$80.0M2020: $49.5M$49.5M20202021: $63.9M$63.9M2021+29%2022: $70.0M$70.0M2022+10%2023: $74.8M$74.8M2023+7%2024: $71.9M$71.9M2024−4%2025: $77.4M$77.4M2025+8%
Operating income8910115-$11.8M in 2025+115% since 2020
-$100.0M-$75.0M-$50.0M-$25.0M02020: -$5.5M-$5.5M20202021: -$87.4M-$87.4M2021+1496%2022: -$47.9M-$47.9M2022−45%2023: -$28.9M-$28.9M2023−40%2024: -$23.7M-$23.7M2024−18%2025: -$11.8M-$11.8M2025−50%
Net income89115-$9.9M in 2025+63% since 2020
-$100.0M-$75.0M-$50.0M-$25.0M02020: -$6.1M-$6.1M20202021: -$87.7M-$87.7M2021+1344%2022: -$47.6M-$47.6M2022−46%2023: -$28.3M-$28.3M2023−41%2024: -$20.0M-$20.0M2024−29%2025: -$9.9M-$9.9M2025−50%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Net sales$161.3M$155.0M
Cost of goods sold$83.8M$83.1M
Gross profit$77.4M$71.9M
Selling and marketing$52.4M$57.1M
General and administrative$30.0M$30.0M
Equity-based compensation$3.8M$5.0M
Depreciation and amortization$868.0K$1.3M
Restructuring Charges$2.2M$2.1M
Total operating expenses$89.2M$95.6M
Loss from operations-$11.8M-$23.7M
Other income (expense), net$678.0K-$63.0K
Loss before income taxes-$11.1M-$23.7M
Provision for income taxes$54.0K$66.0K
Net loss and comprehensive loss-$11.2M-$23.8M
Loss attributable to noncontrolling interest$1.2M$3.8M
Net loss attributable to Zevia PBC-$9.9M-$20.0M
Basic (in dollars per share)-$0.15-$0.34
Diluted (in dollars per share)-$0.15-$0.34
Basic (in shares)66.0M shares58.7M shares
Diluted (in shares)66.0M shares58.7M shares

Compare Zevia with another company

The story

Zevia was launched in 2007 as an alternative soft drink for those who want to avoid both added sugars and artificial sweeteners. The company was founded in Seattle, Washington by Derek Newman, Jessica Newman, and Ian Eisenberg.

By the end of 2008, ACNielsen recorded that Zevia was the fastest growing natural product in the United States in terms of sales. The company's 2008 revenue was $925,000, and the product was available in 850 stores. In 2010, Zevia reported a 300% increase in same-store sales over 2009.

Paddy Spence bought Zevia in 2010 and became both CEO and chairman.

In June 2021, the company filed to go public with an IPO on the NYSE.

From Wikipedia’s article on Zevia, shared under CC BY-SA 4.0.7

Leadership

Who has led Zevia, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (18)

Products and brands

Products

In May 2012, the product was the best selling soda in Whole Foods. By July 2013, it was the number seventeen zero-calorie or low-calorie soda in mainstream grocery stores, making it the only independent brand in the top 20. By the end of 2013, overall sales were over $60 million, and it was the 14th-best-selling diet soda. By 2014 the firm's product was available in more than 16,000 stores in the United States, including Whole Foods, Target, Kroger, Safeway, Sprouts, and other grocery and natural food stores.

In late 2013, the firm replaced their previous stevia and erythritol sweetener with a mix of stevia extract, monk fruit extract, and erythritol, a blend that they called SweetSmart. In September 2016, the company announced that all their products had been reformulated to be sweetened only with stevia.

Starting in 2016, Zevia introduced more products beyond its primary line of soft drinks. In June 2016, Zevia launched the Sparkling Water and energy drink product lines. In October 2016, Zevia unveiled its Mixers line.

In 2018, the company launched the Zevia Organic Tea line, in various tea flavors.

Read the full text

In December 2019, Zevia launched its Kidz line. The drinks are packaged in smaller 7.5 ounce cans that feature classic Disney characters.

Zevia claims that it was the top-selling carbonated soft drink brand on Amazon.com in 2020.

Product lines

As of 2021 Zevia has six product lines, with 37 flavors. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified Kosher and certified by The Non GMO Project.

Soda – Flavors include Cola, Ginger Root Beer, Creamy Root Beer, Ginger Ale, Black Cherry, Cream Soda, Cherry Cola, Dr. Zevia, Grape, Mountain Zevia, Caffeine Free Cola, Orange, Lemon Lime Twist, Grapefruit Citrus, Vanilla Cola, and Strawberry.

Energy – Flavors include Raspberry Lime, Mango Ginger, Grapefruit, and Kola.

Organic Tea – Flavors include Black Tea, Green Tea, Black Tea Raspberry, Black Tea Peach, Black Tea Lemon, Earl Grey Tea Blood Orange, Caffeine Free Hibiscus Tea Passionfruit, and Caffeine Free Black Tea Lemon.

Mixer – Flavors include Ginger Beer, Tonic Water, and Lemon Lime with Bitters.

Kidz – Flavors include Watermelon, Cran-Raspberry, Strawberry Lemonade, Fruit Punch, Orange Cream, and Fizzy Apple.

Sparkling Water – Flavors include Blackberry, and Cucumber Lemon.

Marketing

In July 2012, Zevia ran billboard ads in support of New York City's soda ban, and Spence appeared on CNBC to promote healthier soda alternatives.

In 2014, Zevia entered a sponsorship with Major League Baseball and became the official soda of the Oakland Athletics. The soda is sold in bottles at all concessions stands at the Oakland–Alameda County Coliseum.

From Wikipedia’s article on Zevia, shared under CC BY-SA 4.0.7

Timeline

  1. Jun 17, 2026New chief executive Alexandre Ruberti becomes CEO16
  2. Sep 2, 2022New chief executive Amy Taylor becomes CEO18
  3. Feb 14, 2022New chief executive Padraic L. Spence becomes CEO17
  4. 2007Founded Founded1

Filings

302 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 48 major events, 152 insider forms, 17 large holders, 65 other. The latest 20:

  1. Aug 5, 202610-Q EDGAR
  2. Aug 5, 20268-K EDGAR
  3. Jun 17, 20264 EDGAR
  4. Jun 15, 20268-K EDGAR
  5. Jun 15, 20268-K EDGAR
  6. Jun 12, 20264 EDGAR
  7. Jun 12, 20264 EDGAR
  8. Jun 12, 20264 EDGAR
  9. Jun 12, 20264 EDGAR
  10. Jun 12, 20264 EDGAR
  11. Jun 12, 20264 EDGAR
  12. May 28, 20264 OWNERSHIP DOCUMENT EDGAR
  13. May 28, 2026SCHEDULE 13D/A EDGAR
  14. May 18, 20268-K EDGAR
  15. May 6, 202610-Q EDGAR
  16. May 6, 20268-K EDGAR
  17. Apr 24, 2026ARS EDGAR
  18. Apr 23, 2026DEFA14A EDGAR
  19. Apr 23, 2026DEF 14A EDGAR
  20. Mar 30, 2026144 EDGAR

The 302 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

104 open-market trades by officers, directors and large owners since October 2021: 12 buys and 92 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 27, 2026CDP Investissements Inc.10% ownerSale2,150,000$1.90$4.1MForm 4
Mar 30, 2026Taylor AmyPresident & CEOSale10,776$1.16$12.5KForm 4
Mar 27, 2026Taylor AmyPresident & CEOSale66,501$1.14$75.8KForm 4
Mar 26, 2026Taylor AmyPresident & CEOSale66,731$1.17$78.1KForm 4
Mar 25, 2026Satya GirishChief Financial OfficerSale41,662$1.18$49.2KForm 4
Mar 3, 2026Spence Padraic L.DirectorSale40,000$1.44$57.6KForm 4
Jan 27, 2026CDP Investissements Inc.10% ownerSale3,500,000$2.00$7.0MForm 4
Nov 10, 2025Spence Padraic L.DirectorSale200,000$2.64$528.0KForm 4
Sep 30, 2025CDP Investissements Inc.10% ownerSale2,971,664$2.73$8.1MForm 4
Jun 30, 2025CAISSE DE DEPOT ET PLACEMENT DU QUEBEC10% ownerSale2,000,000$3.01$6.0MForm 4
May 12, 2025Spence Padraic L.DirectorSale75,000$2.71$203.2KForm 4
Mar 18, 2025Simms Lorna R.SVP, GC & Corporate SecretarySale4,957$2.10$10.4KForm 4
Mar 18, 2025Taylor AmyPresident & CEOSale29,079$2.09$60.8KForm 4
Mar 17, 2025Simms Lorna R.SVP, GC & Corporate SecretarySale9,951$2.24$22.3KForm 4
Mar 17, 2025Satya GirishChief Financial OfficerSale17,111$2.23$38.2KForm 4
Mar 14, 2025Taylor AmyPresident & CEOSale52,951$2.21$117.0KForm 4
Jan 21, 2025Simms Lorna R.SVP, GC & Corporate SecretarySale3,979$4.68$18.6KForm 4
Jan 21, 2025Taylor AmyPresident & CEOSale11,479$4.74$54.4KForm 4
Dec 5, 2024Ripley Rosemary LDirectorSale2,567,006$1.90$4.9MForm 4
Oct 3, 2024White Pine LLC10% ownerSale92,852$1.08$100.3KForm 4

All 104 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Caisse de depot et placement du Quebec11,400,428$18.6M0.0%−2,150,000
Topline Capital Management, LLC7,177,524$11.7M3.0%+428,860
Kanen Wealth Management LLC2,693,236$4.6M1.1%+1,443,236
Mackenzie Financial Corp2,670,699$4.4M0.0%+2,546,548
Vanguard Capital Management LLC2,119,167$3.5M0.0%+435,436
Jefferies Financial Group Inc.2,099,879$3.4M0.0%+3,289
Stoic Point Capital Management LLC1,134,964$1.8M1.6%+393,796
Jane Street Group, LLC969,397$1.6M0.0%New
Aqr Capital Management LLC920,090$1.5M0.0%+390,266
BlackRock, Inc.804,400$1.3M0.0%−2,313,387
Squarepoint Ops LLC769,655$1.3M0.0%+224,357
Renaissance Technologies LLC765,891$1.2M0.0%−45,935
OneAscent Financial Services LLC750,375$1.2M0.1%New
BCS Private Wealth Management, Inc.699,189$1.1M0.3%No change
Brighton Jones LLC584,709$953.1K0.0%New
D. E. Shaw & Co., Inc.552,596$900.7K0.0%+121,961
Two Sigma Investments, LP452,386$737.4K0.0%+313,886
Geode Capital Management, LLC392,151$639.6K0.0%−655,652
Potrero Capital Research LLC315,181$513.7K0.3%−1,427,850
Canada Pension Plan Investment Board272,100$443.5K0.0%New
Arrowstreet Capital, Limited Partnership259,250$422.6K0.0%New
Millennium Management LLC236,526$385.5K0.0%New
TD Waterhouse Canada Inc.198,150$358.7K0.0%+7,548
Vanguard Fiduciary Trust Co209,552$341.6K0.0%−47,082
Qube Research & Technologies Ltd203,474$331.7K0.0%+30,517

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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