Zevia PBC (ZVIA) Operating Expenses (2020 - 2026)
Zevia PBC (ZVIA) recorded quarterly Operating Expenses of $24.7 million in Q1 2026, up 25.88% quarter-over-quarter from $19.6 million in Q4 2025, and down 2.99% on a YoY basis from $25.4 million in Q1 2025.
Zevia PBC (ZVIA) Operating Expenses (2020 - 2026) Analysis & Trends
Zevia PBC's Operating Expenses history runs 7 years deep, the most recent figure standing at $24.7 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 2.99% year-over-year to $24.7 million; the TTM figure through Mar 2026 stood at $88.4 million (down 7.87% YoY), while the FY2025 annual figure was $89.2 million, down 6.67% from the prior year.
- Operating Expenses was $24.7 million for Q1 2026 at Zevia PBC, up from $19.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $34.1 million in Q2 2022 to a low of $19.6 million in Q4 2025.
- Historically, Operating Expenses has averaged $25.4 million across 5 years, with a median of $24.7 million in 2026.
- Biggest YoY gain for Operating Expenses was 139.76% in 2022; the steepest drop was 57.9% in 2022.
- A 5-year view of Operating Expenses shows it stood at $22.0 million in 2022, then grew by 10.38% to $24.3 million in 2023, then grew by 6.06% to $25.8 million in 2024, then slipped by 23.93% to $19.6 million in 2025, then advanced by 25.88% to $24.7 million in 2026.
- The last three Operating Expenses figures came in at $24.7 million (Q1 2026), $19.6 million (Q4 2025), and $21.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 3.47 Bn |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 7.52 Bn |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | 563.39 Mn |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | 1.37 Bn |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | 1.34 Bn |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | 489.56 Mn |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 357.50 Mn |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 239.07 Mn |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | 38.23 Mn |
| 10 | Zevia PBC | 104.01 Mn | 66.69 Mn | 22.29 Mn | 24.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.66 Mn |
| Dec 31, 2025 | 19.59 Mn |
| Sep 30, 2025 | 21.49 Mn |
| Jun 30, 2025 | 22.71 Mn |
| Mar 31, 2025 | 25.42 Mn |
| Dec 31, 2024 | 25.76 Mn |
| Sep 30, 2024 | 20.81 Mn |
| Jun 30, 2024 | 24.01 Mn |
| Mar 31, 2024 | 25.00 Mn |
| Dec 31, 2023 | 24.28 Mn |
| Sep 30, 2023 | 30.99 Mn |
| Jun 30, 2023 | 25.07 Mn |
| Mar 31, 2023 | 23.36 Mn |
| Dec 31, 2022 | 22.00 Mn |
| Sep 30, 2022 | 28.39 Mn |
| Jun 30, 2022 | 34.06 Mn |
| Mar 31, 2022 | 33.43 Mn |
| Dec 31, 2021 | 52.26 Mn |
| Sep 30, 2021 | 67.27 Mn |
| Jun 30, 2021 | 16.95 Mn |