# Zevia PBC (ZVIA) · Edgar & Edgarette company card

> Zevia PBC (ZVIA) grew revenue 4.0% in FY2025 to $161 million, operating margin -7.3% against a 7.4% median for bottled & canned soft drinks & carbonated waters, equity 80.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1854139 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/ZVIA) · [JSON](https://www.pops4.com/boards/company/ZVIA.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $161M |
| Revenue growth, 1 year | 4.0% |
| Revenue growth per year | 3.9% |
| Operating margin | -7.3% (prior year -15.3%) |
| Net margin | -6.9% |
| Operating cash flow | −$5M |
| Capital spending | $307,000 |
| Free cash flow | −$5M |
| Cash | $25M |
| Long-term debt | — |
| Total assets | $64M |
| Total equity | $51M |
| Equity ÷ assets | 80.2% |
| Return on equity | -21.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -2.94 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -3 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · operating cash flow was negative; operating loss: a margin of -7.3% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $161.3M (FY2025). Experience: revenue up 4.0% on the year, up 3.9% a year over 4 years; operating margin -7.3%, up from -15.3%. Soundness: equity 80.2% of assets, return on equity -21.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $136.6M and $189.6M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $125.8M to $206.7M. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, its industry group): operating margin -7.3% against a 7.4% median; growth 4.0% against 2.3%.

Range logged 2026-10-26, receipt aad9fb0ef87b3c15, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-06-15 ([filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926020577/0001437749-26-020577-index.htm))

## Recent filings

- 8-K · filed 2026-10-23 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926033400/0001437749-26-033400-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926025925/0001437749-26-025925-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926025920/0001437749-26-025920-index.htm)
- 8-K · filed 2026-06-15 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926020656/0001437749-26-020656-index.htm)
- 8-K · filed 2026-06-15 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926020577/0001437749-26-020577-index.htm)
- 8-K · filed 2026-05-18 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1854139/000143774926017629/0001437749-26-017629-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001854139.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1854139

## Cite

POPS4, Edgar & Edgarette: Zevia PBC (ZVIA) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/ZVIA. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.