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Boston Beer SAM Total Operating Expenses

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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:OperatingExpenses.

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
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
Operating income (loss)70,76682,069(119,688)115,845
Other income (expense), net:
Interest income, net2,0012,2943,8904,625
Other expense, net(449)(309)(812)(574)

Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Boston Beer's total operating expenses?
Boston Beer (SAM) reported total operating expenses of $215.6M in Q2 2026.
How has Boston Beer's total operating expenses changed year-over-year?
Boston Beer's total operating expenses increased by 2.4% year-over-year, from $210.45M to $215.6M.
What is the long-term trend for Boston Beer's total operating expenses?
Over 4 years (2021 to 2025), Boston Beer's total operating expenses has grown at a 0.6% compound annual growth rate (CAGR), from $789.79M to $807.7M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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