National Beverage (FIZZ) Gross Margin (2010 - 2026)
National Beverage (FIZZ) posted Gross Margin of 34.67% for Q2 2026, down 7.91% sequentially from 37.65% in Q1 2026, and down 143.0% YoY from 80.63% in Q2 2025.
National Beverage (FIZZ) Gross Margin (2010 - 2026) Analysis & Trends
National Beverage has reported Gross Margin for 17 years, with the latest figure at 34.67% in Q2 2026.
- Quarterly Gross Margin fell 143.0% year-over-year to 34.67% in Q2 2026, while the trailing twelve-month figure through May 2026 was 37.04% (up 9.0% YoY) and the FY2026 annual result came in at 37.04%, up 9.0% from the prior year.
- Gross Margin fell to 34.67% in Q2 2026 per FIZZ's latest filing, from 37.65% in the prior quarter.
- Over five years, Gross Margin peaked at 37.96% in Q3 2025 and troughed at 31.25% in Q3 2022.
- A 5-year average of 35.9% and a median of 36.02% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 878 bps in 2022, then surged 406 bps in 2023.
- Over 5 years, Gross Margin stood at 33.37% in 2022, then increased by 8 bps to 35.94% in 2023, then gained by 4 bps to 37.55% in 2024, then gained by 1 bps to 37.87% in 2025, then declined by 8 bps to 34.67% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 34.67%, 37.65%, and 37.87% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,843.31 Bn | 1,843.31 Bn | 2.06 Bn | 47.09% |
| 2 | Coca Cola | 372.49 Bn | 358.34 Bn | 8.42 Bn | 62.89% |
| 3 | Pepsico | 189.07 Bn | 178.35 Bn | 13.11 Bn | 54.22% |
| 4 | Coca-Cola Europacific Partners | 48.55 Bn | 47.38 Bn | - | - |
| 5 | Monster Beverage | 44.54 Bn | 41.12 Bn | 1.42 Bn | 55.95% |
| 6 | Keurig Dr Pepper | 39.68 Bn | 38.78 Bn | 2.10 Bn | 52.77% |
| 7 | Andina Bottling | 22.49 Bn | 22.49 Bn | 319.18 Bn | 38.92% |
| 8 | Coca-Cola Consolidated | 10.27 Bn | 10.10 Bn | 778.41 Mn | 37.93% |
| 9 | Primo Brands | 8.56 Bn | 8.20 Bn | 548.70 Mn | 30.55% |
| 10 | National Beverage | 2.89 Bn | 2.54 Bn | 103.01 Mn | 34.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 31, 2021 | 40.03% |