National Beverage Corp. (FIZZ) Income Statement
FIZZ FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsFIZZ revenue and net income
Where FIZZ's revenue goes
FY2026Each bar shows an amount and its share of revenue. FIZZ kept 15.6% of revenue as net income.
FIZZ profit margins
FIZZ growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.7% | +0.2% | +1.9% | +5.3% |
| Gross profit | −1.5% | +3.3% | +0.7% | +6.1% |
| Operating income | −2.3% | +7.2% | +0.2% | +9.5% |
| Net income | −1.7% | +8.9% | +1.1% | +11.6% |
| EPS (diluted) | −2.0% | +8.6% | −4.0% | +11.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FIZZ quarterly EPS vs estimates
National Beverage beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: December 10, 2026 (estimate $0.45).
FIZZ income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.20B | $1.19B | $1.17B | $1.14B | $1.07B | $1.00B | $1.01B | $975.7M | $826.9M |
| Cost of revenue | $743.3M | $757.4M | $763.2M | $776.1M | $720.2M | $650.6M | $630.3M | $629.8M | $584.6M | $500.8M |
| Gross profit | $437.3M | $443.9M | $428.5M | $396.8M | $417.8M | $421.6M | $370.1M | $384.4M | $391.1M | $326.1M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $207.2M | $132.8M | $209.9M | $210.1M | $209.9M | $193.8M | $204.4M | $204.4M | $186.9M | $163.6M |
| Total operating expenses | $207.2M | $208.5M | $209.9M | $210.1M | $209.9M | $193.8M | $204.4M | $204.4M | $186.9M | $163.6M |
| Operating income | $230.1M | $235.5M | $218.5M | $186.7M | $207.9M | $227.8M | $165.7M | $179.9M | $204.2M | $162.5M |
| Interest income | $10.6M | $9.3M | $12.2M | $2.3M | $100,000 | — | — | — | — | — |
| Interest expense | — | — | — | $242,000 | $260,000 | $220,000 | $3.7M | $202,000 | $201,000 | $189,000 |
| Income before taxes | $240.6M | $244.6M | $229.8M | $186.4M | $207.6M | $228.1M | $169.5M | $183.9M | $205.5M | $162.8M |
| Income taxes | $56.9M | $57.7M | $53.1M | $44.3M | $49.1M | $54.0M | $39.5M | $43.0M | $55.7M | $55.8M |
| Net income | $183.6M | $186.8M | $176.7M | $142.2M | $158.5M | $174.1M | $130.0M | $140.9M | $149.8M | $107.0M |
| EBITDA | $252.8M | $265.4M | $250.0M | $220.0M | $239.4M | $259.0M | $196.3M | $195.4M | $217.4M | $175.3M |
| EPS (diluted) | $1.96 | $2.00 | $1.89 | $1.53 | $1.70 | $2.40 | $1.76 | $1.51 | $2.31 | $1.15 |
| Gross margin | 37.0% | 37.0% | 36.0% | 33.8% | 36.7% | 39.3% | 37.0% | 37.9% | 40.1% | 39.4% |
| Operating margin | 19.5% | 19.6% | 18.3% | 15.9% | 18.3% | 21.2% | 16.6% | 17.7% | 20.9% | 19.6% |
| Net margin | 15.6% | 15.6% | 14.8% | 12.1% | 13.9% | 16.2% | 13.0% | 13.9% | 15.3% | 12.9% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $330.7M | $297.1M | $264.6M | $288.3M | $330.5M | $313.6M | $267.1M | $291.2M | $329.5M | $297.3M | $270.1M | $300.1M |
| Cost of revenue | $214.9M | $194.1M | $165.0M | $179.1M | $205.1M | $200.4M | $168.1M | $181.9M | $207.0M | $188.2M | $170.9M | $192.2M |
| Gross profit | $115.8M | $103.0M | $99.6M | $109.2M | $125.5M | $113.2M | $99.0M | $109.4M | $122.4M | $109.1M | $99.2M | $107.9M |
| Sales, general & admin | $57.3M | $52.9M | $48.5M | $51.1M | $54.7M | $44.2M | $48.4M | $51.5M | $52.9M | $56.2M | $48.9M | $53.6M |
| Total operating expenses | $57.3M | $52.9M | $48.5M | $51.1M | $54.7M | $55.7M | $48.4M | $51.5M | $52.9M | $56.2M | $48.9M | $53.6M |
| Operating income | $58.5M | $50.1M | $51.1M | $58.0M | $70.8M | $57.5M | $50.6M | $57.9M | $69.5M | $52.9M | $50.3M | $54.3M |
| Interest income | $3.3M | $2.9M | $2.8M | $2.8M | $2.2M | $1.9M | $1.4M | $1.7M | — | — | $1.8M | $2.2M |
| Income before taxes | $61.7M | $52.9M | $53.9M | $60.7M | $73.0M | $59.1M | $52.0M | $59.6M | $73.9M | $57.5M | $50.1M | $57.0M |
| Income taxes | $14.7M | $12.6M | $12.7M | $14.3M | $17.3M | $14.4M | $12.3M | $14.0M | $17.1M | $13.8M | $10.6M | $13.2M |
| Net income | $47.0M | $40.3M | $41.2M | $46.4M | $55.8M | $44.8M | $39.6M | $45.6M | $56.8M | $43.7M | $39.6M | $43.8M |
| EBITDA | $64.8M | $56.2M | $56.8M | $63.6M | $76.2M | $64.6M | $56.8M | $64.7M | $79.3M | $52.1M | $56.9M | $65.6M |
| EPS (diluted) | $0.50 | $0.43 | $0.44 | $0.49 | $0.60 | $0.48 | $0.42 | $0.49 | $0.61 | $0.47 | $0.42 | $0.47 |
| Gross margin | 35.0% | 34.7% | 37.6% | 37.9% | 38.0% | 36.1% | 37.1% | 37.6% | 37.2% | 36.7% | 36.7% | 35.9% |
| Operating margin | 17.7% | 16.9% | 19.3% | 20.1% | 21.4% | 18.3% | 18.9% | 19.9% | 21.1% | 17.8% | 18.6% | 18.1% |
| Net margin | 14.2% | 13.6% | 15.6% | 16.1% | 16.9% | 14.3% | 14.8% | 15.7% | 17.2% | 14.7% | 14.7% | 14.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FIZZ's financial statements (latest annual report filed July 1, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FIZZ financial results
In fiscal year 2026 (ended April 30, 2026), National Beverage reported revenue of $1.2 billion, down 1.7% from the year before. It had net income of $183.6 million (down 1.7%), a net profit margin of 15.6%. Diluted earnings per share came to $1.96. Over five years revenue grew at an average rate of 1.9% a year.
See the FIZZ stock overview for the latest quote and news, or the FIZZ chart for price history and technical indicators.
FIZZ income statement FAQ
What is National Beverage's annual revenue?
National Beverage reported total revenue of $1.2 billion for fiscal year 2026, which ended on April 30, 2026. That was down 1.7% from $1.2 billion the previous year.
Is National Beverage profitable?
Yes. National Beverage reported net income of $183.6 million in fiscal 2026, a net profit margin of 15.6%; its operating margin was 19.5%.
What is National Beverage's gross margin?
National Beverage's gross margin was 37.0% in fiscal 2026: for every $100 of revenue, National Beverage kept $37 after the direct cost of its products and services.
How fast is National Beverage growing?
Revenue grew 1.9% a year on average over the last five fiscal years, from $1.1 billion to $1.2 billion.
What are National Beverage's earnings per share?
National Beverage earned $1.96 per diluted share in fiscal 2026, compared with $2.00 a year earlier.
When will National Beverage report its next earnings?
National Beverage is expected to report results for the quarter ending October 31, 2026 on December 10, 2026 after the market closes.
When does National Beverage's fiscal year end?
National Beverage's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on July 1, 2026.