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ZVIA (Zevia PBC) Gross Profit : $67.9 Mil (TTM As of Sep. 2024)


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What is Zevia PBC Gross Profit?

Zevia PBC's gross profit for the three months ended in Sep. 2024 was $17.9 Mil. Zevia PBC's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $67.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zevia PBC's gross profit for the three months ended in Sep. 2024 was $17.9 Mil. Zevia PBC's Revenue for the three months ended in Sep. 2024 was $36.4 Mil. Therefore, Zevia PBC's Gross Margin % for the quarter that ended in Sep. 2024 was 49.08%.

Zevia PBC had a gross margin of 49.08% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Zevia PBC was 46.28%. The lowest was 42.91%. And the median was 44.92%.


Zevia PBC Gross Profit Historical Data

The historical data trend for Zevia PBC's Gross Profit 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.

* Premium members only.

Zevia PBC Gross Profit Chart

Zevia PBC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
36.90 49.50 63.94 70.02 74.76

Zevia PBC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.57 15.39 17.72 16.94 17.85

Competitive Comparison of Zevia PBC's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Zevia PBC's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zevia PBC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zevia PBC's Gross Profit falls into.



Zevia PBC Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Zevia PBC's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=166.424 - 91.666
=74.8

Zevia PBC's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=36.366 - 18.516
=17.9

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $67.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Zevia PBC's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=17.9 / 36.366
=49.08 %

* 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  (NYSE:ZVIA) Gross Profit Explanation

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 49.08% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Zevia PBC Gross Profit Related Terms

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Zevia PBC Business Description

Traded in Other Exchanges
N/A
Address
15821 Ventura Boulevard, Suite 135, Encino, CA, USA, 91436
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.
Executives
White Pine, Inc./wa 10 percent owner 801 SECOND AVENUE, SUITE 1700, SEATTLE WA 98104
Julie Garcia Ruehl director 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
David J. Lee director C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Andrew Ruben director 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Amy Taylor director, officer: President 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Padraic L. Spence director, officer: See Remarks C/O PHYSICIANS FORMULA HOLDINGS, INC., 1055 WEST 8TH STREET, AZUSA CA 91702
Debow Greig P. Jr. officer: Chief Commercial Officer C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Lorna R. Simms officer: See Remarks 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Hany Mikhail officer: Chief Accounting Officer 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Florence Neubauer officer: Interim CFO C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Quincy B Troupe director C/O THE BOSTON BEER COMPANY, 1 DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210
Denise Dawn Beckles officer: Chief Financial Officer C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Laird Norton Co Llc 10 percent owner 801 SECOND AVENUE, SUITE 1700, SEATTLE WA 98104
Harry Margolis officer: Chief Operating Officer 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Robert Gay officer: See Remarks 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436