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National Beverage

FIZZ

National Beverage Corp. is a leading developer and manufacturer of a diverse portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks.

Market cap
$2.94B-18.3%
Revenue$1.2B-1.8%
Net income$174.9M-5.9%
Free cash flow$161.9M-6.2%
EPS (diluted)$1.86-6.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Dec 10, 2026 (in 3 months)
Revenue estimate$308.5M
EPS estimate$0.45

Financials

Q1 2027

Income statement

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Revenue$330.7M0.0%
Gross profit$115.8M-7.7%
Operating income$58.5M-17.4%
Net income$47.0M-15.7%
EPS (diluted)$0.50-16.7%

Balance sheet

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Cash & equivalents$107.1M-57.1%
Total debt$58.8M-15.9%
Total equity$367.7M-27.1%
Total assets$582.3M-21.1%

Cash flow

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Operating cash flow$64.9M+9.7%
CapEx$3.1M-0.8%
Free cash flow$61.8M+10.3%

Valuation & ratios

Valuation

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Market cap$2.94B-18.3%
Enterprise value$2.89B-15.7%
P/E16.8×-2.6×
P/S2.5×-0.5×

Profitability

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Gross margin36.2%-1.0pp
Operating margin18.4%-1.2pp
Net margin14.8%-0.6pp
FCF margin13.7%-0.6pp

Returns & leverage

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Return on equity40.1%-5.7pp
Debt / equity0.2×0.0×
Current ratio2.4×-0.8×

Competitors

Profile

National Beverage Corp. is a leading developer and manufacturer of a diverse portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks. The company focuses on the 'healthy transformation' of the beverage industry by targeting crossover consumers seeking alternatives to high-calorie or artificially sweetened drinks. Its value proposition is built on rapid in-house innovation, creative packaging, and a cost-effective marketing strategy centered on shelf presence and social media engagement.

Competitive position

A nimble competitor in the beverage industry that differentiates itself through speed-to-market and 'shelf marketing' rather than high-cost national advertising.

GeographiesUnited States, North America
Customer segmentsMass Market Retail, Grocery Chains, Convenience Stores
Business modelManufacturing, B2B2C, Wholesale Distribution
SuppliersAluminum can manufacturers, Plastic bottle suppliers, High fructose corn syrup producers, Juice concentrate suppliers, Corrugated packaging providers
CustomersRetail grocery chains, Warehouse clubs, Convenience stores, Independent distributors
Listed1991
Employees1.6K
CEONick A. Caporella
FilingsSEC EDGAR

FAQ

What is National Beverage's market cap?
National Beverage (FIZZ) has a market capitalization of $2.9B and trades on NASDAQ.
What is National Beverage's revenue and profitability?
National Beverage generated $1.2B in trailing twelve-month revenue with net income of $174.9M, representing a net margin of 14.8%. Gross margin stands at 36.2%, with free cash flow of $161.9M. The latest reported period is Q1 2027.
Who are National Beverage's competitors?
National Beverage's key competitors include Keurig Dr Pepper Inc., PepsiCo, Inc., Monster Beverage Corporation, and others. These companies compete in similar markets and product categories.
Who does National Beverage partner with?
National Beverage's notable partners include Florida Panthers.
What subsidiaries does National Beverage have?
National Beverage's subsidiaries include Shasta Beverages, Faygo Beverages.
Where is National Beverage headquartered?
National Beverage is headquartered in United States of America and employs approximately 1,559 people. It has been publicly traded since 1991.