Zevia PBC (ZVIA) Operating Expenses (2020 - 2026)
Zevia PBC's Operating Expenses was $24.91 million in Q2 2026, up 9.7% from $22.71 million a year earlier and up 1.0% from the prior quarter.
Zevia PBC (ZVIA) Operating Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zevia PBC's Operating Expenses was $90.66 million through Jun 30, 2026, down 4.3% year-over-year; for FY2025, it came in at $89.21 million, down 6.7% from FY2024.
- Operating Expenses has now declined for four consecutive years, though with a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $95.58 million in FY2024 (-7.8%), $103.7 million in FY2023 (-12.0%), $117.89 million in FY2022 (-22.1%) and $151.37 million in FY2021 (+175.3%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q1 2025.
- Compared with a year earlier, Operating Expenses was higher in four of the last eight quarters, with an average decline of 5.6%.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2021 (growth of 451.7%); the worst was Q4 2022 (a decline of 57.9%).
- Per Business Quant data, ZVIA's Operating Expenses in the three quarters before Q2 2026 was $24.66 million (Q1 2026), $19.59 million (Q4 2025) and $21.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 370.32 Bn | 358.96 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Diageo | 208.31 Bn | 200.71 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 181.53 Bn | 181.53 Bn | 2.06 Bn | 1.49 Bn |
| 4 | Pepsico | 172.96 Bn | 133.40 Bn | 13.11 Bn | 9.09 Bn |
| 5 | Anheuser-Busch InBev | 132.06 Bn | 100.80 Bn | 9.58 Bn | 2.35 Bn |
| 6 | Monster Beverage | 81.53 Bn | 69.78 Bn | 1.42 Bn | 679.19 Mn |
| 7 | Ambev | 46.02 Bn | 32.04 Bn | 2.06 Bn | -263.15 Mn |
| 8 | Coca-Cola Europacific Partners | 45.68 Bn | 38.92 Bn | - | -1.63 Bn |
| 9 | Keurig Dr Pepper | 41.29 Bn | 41.52 Bn | 3.07 Bn | 2.40 Bn |
| 10 | Zevia PBC | 85.12 Mn | -32.16 Mn | 22.03 Mn | 24.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.91 Mn |
| 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 |
Zevia PBC Operating Expenses 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=operating-expenses&ticker=ZVIA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ZVIA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZVIA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();