National Beverage (FIZZ) Gross Margin (2010 - 2026)
National Beverage's (FIZZ) quarterly Gross Margin came in at 35.02% in Q3 2026, down 294.0% year-over-year from 18.05% in Q3 2025, and up 1.01% on a QoQ basis from 34.67% in Q2 2026.
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National Beverage (FIZZ) Gross Margin (2010 - 2026) Analysis & Trends
National Beverage (FIZZ) has 17 years of Gross Margin data on file, last reported at 35.02% in Q3 2026.
- On a quarterly basis, Gross Margin fell 294.0% year-over-year to 35.02% in Q3 2026; TTM through Aug 2026 was 36.21%, a 96.0% decrease from a year earlier, with the FY2026 full-year figure at 37.04%, up 9.0% from the prior year.
- Gross Margin for Q3 2026 stood at 35.02%, up from 34.67% in the prior quarter.
- Across five years, Gross Margin topped out at 37.96% in Q3 2025 and bottomed at 31.25% in Q3 2022.
- Historically, Gross Margin has averaged 35.85% across 5 years, with a median of 35.94% in 2023.
- The widest annual swing landed in 2022, when Gross Margin sank 878 bps; it then jumped 406 bps in 2023.
- Year by year, Gross Margin stood at 33.37% in 2022, then climbed by 8 bps to 35.94% in 2023, then increased by 4 bps to 37.55% in 2024, then increased by 1 bps to 37.87% in 2025, then decreased by 8 bps to 35.02% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 35.02% in Q3 2026, 34.67% in Q2 2026, and 37.65% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 54.22% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 55.95% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 41.95% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 40.03% |
| 10 | National Beverage | 2.87 Bn | 2.76 Bn | 115.79 Mn | 35.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 35.02% |
| May 2, 2026 | 34.67% |
| Jan 31, 2026 | 37.65% |
| Nov 1, 2025 | 37.87% |
| Aug 2, 2025 | 37.96% |
| May 3, 2025 | 36.10% |
| Jan 25, 2025 | 37.05% |
| Oct 26, 2024 | 37.55% |
| Jul 27, 2024 | 37.16% |
| Apr 27, 2024 | 36.69% |
| Jan 27, 2024 | 35.93% |
| Oct 28, 2023 | 35.94% |
| Jul 29, 2023 | 35.31% |
| Apr 29, 2023 | 35.74% |
| Jan 28, 2023 | 35.35% |
| Oct 29, 2022 | 33.37% |
| Jul 30, 2022 | 31.25% |
| Apr 30, 2022 | 34.39% |
| Jan 29, 2022 | 36.23% |
| Oct 30, 2021 | 35.84% |
API Access
National Beverage Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FIZZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FIZZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FIZZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();