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Boston Beer SAM Sales & Marketing

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Other financials

Income statement

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Revenue$568.3M-3.3%
Gross profit$286.4M-2.1%
Operating income$70.8M-13.8%
Net income$51.6M-14.7%
EPS (diluted)$4.96-9.0%

Balance sheet

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Cash & equivalents$265.5M+25.0%
Total debt$31.6M-28.1%
Total equity$714.6M-21.7%
Total assets$1.3B-1.0%

Cash flow

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Operating cash flow$138.0M+9.1%
CapEx$10.5M-25.9%
Free cash flow$127.5M+13.6%

Valuation

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Market cap$1.88B-20.8%
Enterprise value$1.65B-25.3%
P/E146.1×
P/S-0.2×

Profitability

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Gross margin48.9%+2.4pp
Operating margin5.7%
Net margin4.6%
FCF margin10.7%-0.1pp

Returns & leverage

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Return on equity10.2%
Debt / equity0.0×
Current ratio-0.7×

Where this comes from

Reported directly by Boston Beer in its filing.

Tagged under the XBRL concept us-gaap:SellingAndMarketingExpense.

The source filing: Boston Beer’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314203
Line itemThirteen weeks ended / June 27,2026Thirteen weeks ended / June 28,2025Twenty-six weeks ended / June 27,2026Twenty-six weeks ended / June 28,2025
Cost of goods sold281,968295,431501,937530,035
Gross profit286,370292,518500,331511,781
Operating expenses:
Advertising, promotional, and selling expenses185,881159,713325,957297,249
General and administrative expenses48,87845,751101,18093,702
Impairment of brewery assets2344,9852364,985
Litigation (reduction) expense(19,389)192,646
Total operating expenses215,604210,449620,019395,936

Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Boston Beer's sales & marketing?
Boston Beer (SAM) reported sales & marketing of $185.88M in Q2 2026.
How has Boston Beer's sales & marketing changed year-over-year?
Boston Beer's sales & marketing increased by 16.4% year-over-year, from $159.71M to $185.88M.
What is the long-term trend for Boston Beer's sales & marketing?
Over 4 years (2021 to 2025), Boston Beer's sales & marketing has grown at a 0.1% compound annual growth rate (CAGR), from $606.99M to $609.95M.
What does sales & marketing mean?
Costs of selling products and services including sales force compensation, commissions, marketing campaigns, trade shows, and customer acquisition expenses.

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