National Beverage (FIZZ) Gross Margin (2010 - 2026)
National Beverage (FIZZ) posted Gross Margin of 35.02% for fiscal Q1 2027 (quarter ended Aug 1, 2026), down 2.94 percentage points from 37.96% a year earlier but up 0.35 percentage points from the prior quarter.
National Beverage (FIZZ) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Aug 1, 2026, Gross Margin at National Beverage was 36.21%, down 0.96 percentage points year-over-year; for FY2026 (ended May 2, 2026), it came in at 37.04%, up 0.09 percentage points from FY2025.
- Annual Gross Margin has increased for three consecutive fiscal years, though with a five-year change of -2.28 percentage points (FY2021 to FY2026).
- In prior fiscal years, National Beverage's Gross Margin was 36.95% in FY2025 (+1.00 pp), 35.95% in FY2024 (+2.12 pp), 33.83% in FY2023 (-2.88 pp) and 36.71% in FY2022 (-2.61 pp).
- Quarterly Gross Margin has run from a low of 31.25% in fiscal Q1 2023 to a high of 37.96% in fiscal Q1 2026 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2024, with a gain of 4.06 percentage points; the weakest was fiscal Q1 2023, with a drop of 8.78 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 34.67% (Q4 2026), 37.65% (Q3 2026) and 37.87% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 49.46% |
| 10 | National Beverage | 3.21 Bn | 2.17 Bn | 115.79 Mn | 35.02% |
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% |
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();