National Beverage (FIZZ) Gross Margin (2010 - 2026)
National Beverage's (FIZZ) quarterly Gross Margin came in at 37.65% in Q1 2026, up 59.0% year-on-year from 23.68% in Q1 2025, and down 0.59% quarter-over-quarter from 37.87% in Q4 2025.
National Beverage (FIZZ) Gross Margin (2010 - 2026) Analysis & Trends
National Beverage has disclosed Gross Margin across 17 years of filings, most recently posting 37.65% for Q1 2026.
- Gross Margin for Q1 2026 came in at 37.65%, up 59.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 37.38% (up 27.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Gross Margin is 36.1% (2025), against an average of 35.97%.
- Across the five-year window, Gross Margin tumbled 878 bps in 2022 and soared 406 bps in 2023, its largest moves.
- National Beverage's 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 1 bps to 37.65% in 2026.
- The last three Gross Margin figures came in at 37.65% (Q1 2026), 37.87% (Q4 2025), and 37.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 62.96% |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 55.19% |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | 54.96% |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | 46.89% |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | 52.77% |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | 39.37% |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 28.59% |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 48.31% |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | 39.95% |
| 10 | National Beverage | 3.40 Bn | 3.09 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% |