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
DateValue
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%