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Zevia PBCZVIA -3.47%66 Gross Margin % is 48.94% as of Jun. 2026, which is 9% above its 10-year median of 44.99. GuruFocus rates ZVIA with a GF Score™ of 66/100 and a GF Value™ of $1.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 117 Beverages - Non-Alcoholic companies, Zevia PBC ranks better than 72.65% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Zevia PBC's Gross Profit for the
three
months ended in Jun. 2026 was $22.0 Mil. Zevia PBC's Revenue for the
three
months ended in Jun. 2026 was $45.0 Mil. Therefore, Zevia PBC's Gross Margin % for the quarter that ended in Jun. 2026 was 48.94%.
The historical rank and industry rank for Zevia PBC's Gross Margin % or its related term are showing as below:
ZVIA'
s Gross Margin % Range Over the Past 10 Years
Min: 42.91 Med: 44.99 Max: 48.01
Current: 47.71
During the past 7 years, the highestGross Margin % of Zevia PBC was 48.01%. The lowest was 42.91%. And the median was 44.99%.
ZVIA's Gross Margin % is ranked better than 72.65% of 117
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.7
vs ZVIA: 47.71
Zevia PBC had a gross margin of 48.94% for the quarter that ended in Jun. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Zevia PBC was 1.10% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Zevia PBC had a gross margin of 48.94% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Zevia PBC Gross Margin % Related Terms
Zevia PBC Gross Margin % Historical Data
* Premium members only.
The historical data trend for Zevia PBC's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ZVIA vs BUDA, JSDA, BRFH: Gross Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Zevia PBC's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zevia PBC Gross Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zevia PBC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zevia PBC's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Zevia PBC (ZVIA) has a Gross Margin % of 48.94% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zevia PBC and its competitors. This is near median its historical median of 44.99. Over the past decade, Zevia PBC's Gross Margin % has ranged from 42.91 to 48.01. According to the industry distribution chart, Zevia PBC ranks #32 out of 117 companies in the Beverages - Non-Alcoholic industry, placing it in the top 27.4%.
Is Zevia PBC's Gross Margin % too high?
Zevia PBC's current Gross Margin % of 48.94% is near median its 10-year median of 44.99. Over the past 10 years, this metric has ranged from a low of 42.91 to a high of 48.01. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.70. Zevia PBC's value of 48.94% is 26.5% above this industry median. Based on the distribution chart, Zevia PBC ranks #32 out of 117 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Zevia PBC has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zevia PBC's Gross Margin % compare to BUDA and JSDA?
According to the Beverages - Non-Alcoholic industry distribution chart, Zevia PBC ranks #32 out of 117 companies for Gross Margin %. This puts Zevia PBC in the upper half of its industry. The industry median Gross Margin % is 38.70. Zevia PBC's value of 48.94% is 26.5% above this benchmark. Historically, Zevia PBC's own Gross Margin % has ranged from 42.91 to 48.01 over the past decade. While the company's 10-year median is 44.99 vs. the industry median of 38.70, Zevia PBC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.70, based on 117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zevia PBC's current Gross Margin % of 48.94% is 26.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Zevia PBC and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zevia PBC's current Gross Margin % is 48.94%, which is near median its own 10-year median of 44.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zevia PBC stock overvalued right now?
Based on GuruFocus' analysis, Zevia PBC (ZVIA) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.64, compared to a current price of $1.39 — trading 15.2% below its estimated fair value. The current Gross Margin % is 48.94%, which is near median its 10-year median of 44.99 and 26.5% above the Beverages - Non-Alcoholic industry median of 38.70. Zevia PBC's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Zevia PBC (ZVIA), the current Gross Margin % is 48.94% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zevia PBC (ZVIA) Overvalued in 2026?
Based on GuruFocus' analysis, Zevia PBC stock appears to be undervalued.
The current stock price of $1.39 is trading 15.2% below its estimated GF Value™ of $1.64.
GuruFocus considers Zevia PBC to be Modestly Undervalued.
Key valuation signals for ZVIA:
Gross Margin %: 48.94% (near median its 10-year median of 44.99)
GF Value™: $1.64 vs. price of $1.39 (15.2% below fair value)
Industry Position: 26.5% above the Beverages - Non-Alcoholic median (#32 of 117)
No single metric tells the full story. See the ZVIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero-sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of retailers in the food, drug, mass, natural, and e-commerce channels. The company derives a majority of its revenue from the United States.
66GF Score
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