Zevia’s sales nudged higher, but losses linger

A tiny sip of growth

Zevia’s latest quarter was basically a “better than nothing” kind of update. Net sales rose 1.1% year over year to $45.0 million, which is growth, yes — but the sort that makes you squint at the label to see if there’s more hiding under the cap.

Margins got a little sweeter

Gross profit margin improved to 48.9%, up 0.2 percentage points from a year ago. That’s not a fireworks moment, but in the beverages game, every little bit helps when you’re trying to turn clean-label fizz into actual profit.

Still in the red

Zevia posted a net loss of $2.9 million, or $0.04 per share for Class A stockholders, so the company is still on the long and winding road to consistent profitability. For investors, that means the question isn’t just “Can Zevia sell more soda?” — it’s “Can it sell enough, cheaply enough, to matter?”

Big picture

This is the kind of quarter that keeps the story alive without exactly lighting a match under the stock. There’s some margin progress, a little growth, and still a very real need for scale. Big picture: Zevia is inching forward, but it’s not exactly sprinting to the finish line.