National Beverage (FIZZ) Gross Margin (2010 - 2026)
National Beverage recorded quarterly Gross Margin of 37.65% in Q1 2026, down 0.59% quarter-over-quarter from 37.87% in Q4 2025, and up 59.0% year-over-year from 23.68% in Q1 2025.
National Beverage's Gross Margin history runs 17 years deep, the most recent figure standing at 37.65% for Q1 2026.
- In Q1 2026, Gross Margin rose 59.0% year-over-year to 37.65%; the TTM figure through Jan 2026 stood at 37.38% (up 27.0% YoY), while the FY2025 annual figure was 36.95%, up 100.0% from the prior year.
- Gross Margin came in at 37.65% for Q1 2026 at National Beverage, down from 37.87% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 37.96% in Q3 2025 to a low of 31.25% in Q3 2022.
- A 5-year average of 35.97% and a median of 36.1% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 878 bps in 2022 and jumped 406 bps in 2023, its largest moves.
- National Beverage's Gross Margin stood at 33.37% in 2022, then grew by 8 bps to 35.94% in 2023, then rose by 4 bps to 37.55% in 2024, then rose by 1 bps to 37.87% in 2025, then slipped by 1 bps to 37.65% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 37.65%, 37.87%, and 37.96% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 339.90 Bn | 330.92 Bn | 7.85 Bn | 62.96% |
| 2 | Pepsico | 197.11 Bn | 186.43 Bn | 10.73 Bn | 55.19% |
| 3 | Monster Beverage | 86.17 Bn | 83.18 Bn | 1.29 Bn | 54.96% |
| 4 | Coca-Cola Europacific Partners | 48.14 Bn | 47.52 Bn | - | - |
| 5 | Keurig Dr Pepper | 40.82 Bn | 26.92 Bn | 2.10 Bn | 52.77% |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 46.89% |
| 7 | Coca-Cola Consolidated | 9.79 Bn | 9.56 Bn | 727.08 Mn | 39.37% |
| 8 | Primo Brands | 9.02 Bn | 8.73 Bn | 464.90 Mn | 28.59% |
| 9 | Celsius Holdings | 8.55 Bn | 8.00 Bn | 378.07 Mn | 48.31% |
| 10 | National Beverage | 3.46 Bn | 3.15 Bn | 99.60 Mn | 37.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 1, 2021 | 38.56% |
| Jan 30, 2021 | 38.90% |
| Oct 31, 2020 | 39.75% |
| Aug 1, 2020 | 39.96% |
| May 2, 2020 | 37.60% |
| Jan 25, 2020 | 36.84% |
| Oct 26, 2019 | 36.89% |
| Jul 27, 2019 | 36.64% |
| Apr 27, 2019 | 35.25% |
| Jan 26, 2019 | 36.47% |
| Oct 27, 2018 | 39.71% |
| Jul 28, 2018 | 39.54% |
| Apr 28, 2018 | 40.67% |
| Jan 27, 2018 | 40.09% |
| Oct 28, 2017 | 39.36% |
| Jul 29, 2017 | 40.22% |
| Apr 29, 2017 | 40.53% |
| Jan 28, 2017 | 39.02% |
| Oct 29, 2016 | 38.74% |
| Jul 30, 2016 | 39.38% |
| Apr 30, 2016 | 36.51% |
| Jan 30, 2016 | 32.50% |
| Oct 31, 2015 | 33.93% |
| Aug 1, 2015 | 33.93% |
| May 2, 2015 | 33.71% |
| Jan 31, 2015 | 32.23% |
| Nov 1, 2014 | 35.29% |
| Aug 2, 2014 | 34.27% |
| May 3, 2014 | 33.70% |
| Jan 25, 2014 | 32.67% |
| Oct 26, 2013 | 35.09% |
| Jul 27, 2013 | 34.09% |
| Apr 27, 2013 | 34.56% |
| Jan 26, 2013 | 32.03% |
| Oct 27, 2012 | 32.77% |
| Jul 28, 2012 | 31.88% |
| Apr 28, 2012 | 31.94% |
| Jan 28, 2012 | 33.16% |
| Oct 29, 2011 | 34.25% |
| Jul 30, 2011 | 36.12% |
| Apr 30, 2011 | 35.69% |
| Jan 29, 2011 | 37.54% |
| Oct 30, 2010 | 37.29% |
| Jul 31, 2010 | 35.44% |