National Beverage (FIZZ) Operating Leases (2019 - 2026)

National Beverage's Operating Leases history runs 8 years deep, the most recent figure standing at $47.7 million for Q1 2026.

• In Q1 2026, Operating Leases fell 13.71% year-over-year to $47.7 million; the TTM figure through Jan 2026 stood at $47.7 million (down 13.71% YoY), while the FY2025 annual figure was $57.6 million, up 38.15% from the prior year.
• Operating Leases came in at $47.7 million for Q1 2026 at National Beverage, down from $66.2 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $66.2 million in Q4 2025 to a low of $20.7 million in Q2 2022.
• A 5-year average of $40.9 million and a median of $39.1 million in 2024 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases fell 28.21% in 2022 and soared 59.6% in 2024, its largest moves.
• National Beverage's Operating Leases stood at $28.8 million in 2022, then gained by 9.82% to $31.6 million in 2023, then surged by 59.6% to $50.5 million in 2024, then surged by 31.12% to $66.2 million in 2025, then dropped by 27.87% to $47.7 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $47.7 million, $66.2 million, and $54.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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