National Beverage Corp. (FIZZ)

Nasdaq Consumer Staples Soft Drinks & Non-alcoholic Beverages S&P SmallCap 600

$37.14

-0.02 (-0.05%)

Close of Nov 06, 2026 · end-of-day data

Source: National Beverage Corp.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$826.92M	$975.73M	$1.01B	$1.00B	$1.07B	$1.14B	$1.17B	$1.19B	$1.20B	$1.18B
Cost of revenue	$500.84M	$584.60M	$629.75M	$630.25M	$650.59M	$720.21M	$776.14M	$763.24M	$757.41M	$743.29M
Gross profit	$326.08M	$391.13M	$384.35M	$370.14M	$421.62M	$417.81M	$396.79M	$428.45M	$443.94M	$437.26M
Selling, general & admin	$163.60M	$186.95M	$204.41M	$204.39M	$193.79M	$209.95M	$210.10M	$209.94M	$208.48M	$207.15M
Operating income	—	$204.19M	$179.94M	$165.75M	$227.82M	$207.86M	$186.68M	$218.51M	$235.46M	$230.11M
Interest expense	$189.00K	$201.00K	$202.00K	—	—	—	—	—	—	—
Pre-tax income	$162.82M	$205.49M	$183.88M	$169.46M	$228.14M	$207.60M	$186.44M	$229.85M	$244.56M	$240.57M
Income tax	$55.78M	$55.72M	$43.02M	$39.48M	$53.99M	$49.08M	$44.28M	$53.12M	$57.74M	$56.92M
Net income	$107.05M	$149.77M	$140.85M	$129.97M	$174.15M	$158.51M	$142.16M	$176.73M	$186.82M	$183.65M
EBITDA	—	$217.41M	$195.37M	$182.98M	$245.92M	$226.40M	$206.72M	$238.67M	$256.26M	$252.78M
EPS (basic)	$2.30	$3.21	$1.51	$1.39	$1.87	$1.70	$1.52	$1.89	$2.00	$1.96
EPS (diluted)	$2.29	$3.19	$1.50	$1.39	$1.86	$1.69	$1.52	$1.89	$1.99	$1.96
Diluted shares	46.77M	46.92K	93.83K	93.66K	93.62M	93.60M	93.61M	93.63M	93.69M	93.67M
Gross margin	39.4%	40.1%	37.9%	37.0%	39.3%	36.7%	33.8%	36.0%	37.0%	37.0%
Operating margin	—	20.9%	17.7%	16.6%	21.2%	18.3%	15.9%	18.3%	19.6%	19.5%
Net margin	12.9%	15.3%	13.9%	13.0%	16.2%	13.9%	12.1%	14.8%	15.6%	15.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$136.37M	$189.86M	$156.20M	$304.52M	$193.59M	$48.05M	$158.07M	$327.05M	$193.84M	$349.54M
Receivables	$71.32M	$84.36M	$84.84M	$84.92M	$86.44M	$93.59M	$104.92M	$102.84M	$104.16M	$104.30M
Inventory	$53.35M	$60.92M	$70.70M	$63.48M	$71.48M	$103.32M	$93.58M	$84.60M	$85.11M	$95.52M
Total current assets	$268.32M	$352.97M	$321.46M	$460.71M	$364.94M	$274.52M	$366.40M	$536.87M	$406.93M	$593.06M
Goodwill	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M
Total assets	$353.98M	$458.83M	$452.19M	$648.65M	$557.24M	$467.80M	$574.34M	$770.15M	$672.86M	$851.65M
Total current liabilities	$87.21M	$104.67M	$97.04M	$141.69M	$147.19M	$145.32M	$144.32M	$137.93M	$140.50M	$135.21M
Long-term debt	—	—	—	—	$0	$30.00M	$0	—	—	—
Total debt	—	—	—	—	$0	$30.00M	$0	—	—	—
Total liabilities	$108.36M	$127.39M	$120.58M	$196.31M	$201.24M	$228.37M	$201.85M	$210.64M	$228.86M	$215.93M
Shareholders' equity	$245.62M	$331.44M	$331.61M	$452.34M	$356.00M	$239.44M	$372.49M	$559.51M	$444.00M	$635.71M

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$114.27M	$154.72M	$139.44M	$177.69M	$193.77M	$133.13M	$161.66M	$197.91M	$206.70M	$181.25M
Capital expenditures	$14.02M	$31.97M	$38.33M	$23.89M	$25.31M	$29.02M	$21.98M	$30.30M	$36.28M	$25.14M
Free cash flow	$100.25M	$122.75M	$101.11M	$153.80M	$168.46M	$104.12M	$139.69M	$167.61M	$170.41M	$156.11M
Investing cash flow	-$13.99M	-$31.91M	-$38.31M	-$23.88M	-$25.31M	-$29.00M	-$21.95M	-$30.25M	-$36.27M	-$25.12M
Financing cash flow	-$69.48M	-$69.32M	-$134.79M	-$5.49M	-$279.38M	-$249.67M	-$29.69M	$1.31M	-$303.63M	-$422.00K
Dividends paid	$69.85M	$69.88M	$135.25M	$0	$279.88M	$280.00M	$0	$0	$304.15M	$0
Share buybacks	—	$0	$0	$6.23M	$0	$0	—	$0	$0	$673.00K
Stock-based compensation	$208.00K	$161.00K	$251.00K	$125.00K	$462.00K	$695.00K	$677.00K	$881.00K	$606.00K	$439.00K
Depreciation & amortization	$12.83M	$13.23M	$15.44M	$17.23M	$18.10M	$18.54M	$20.04M	$20.16M	$20.80M	$22.68M

Income statement

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	May 2025	Aug 2025	Nov 2025	Jan 2026	May 2026	Aug 2026
Revenue	$300.07M	$270.06M	$297.31M	$329.47M	$291.20M	$267.05M	$313.63M	$330.51M	$288.33M	$264.59M	$297.12M	$330.66M
Cost of revenue	$192.22M	$173.03M	$188.23M	$207.04M	$181.85M	$168.10M	$200.42M	$205.05M	$179.15M	$164.98M	$194.11M	$214.87M
Gross profit	$107.86M	$97.03M	$109.08M	$122.43M	$109.35M	$98.95M	$113.21M	$125.46M	$109.19M	$99.60M	$103.01M	$115.79M
Selling, general & admin	$53.56M	$48.85M	$56.16M	$52.92M	$51.48M	$48.37M	$55.71M	$54.69M	$51.14M	$48.46M	$52.87M	$57.31M
Operating income	$54.30M	$48.18M	$52.92M	$69.52M	$57.87M	$50.58M	$57.50M	$70.78M	$58.05M	$51.15M	$50.14M	$58.48M
Pre-tax income	$57.02M	$50.15M	$57.52M	$73.86M	$59.60M	$51.98M	$59.13M	$73.01M	$60.70M	$53.94M	$52.92M	$61.66M
Income tax	$13.23M	$10.56M	$13.80M	$17.08M	$13.96M	$12.33M	$14.37M	$17.25M	$14.34M	$12.73M	$12.60M	$14.66M
Net income	$43.79M	$39.59M	$43.72M	$56.78M	$45.64M	$39.64M	$44.76M	$55.76M	$46.36M	$41.21M	$40.32M	$47.00M
EBITDA	$59.28M	$53.33M	$58.00M	$74.91M	$63.01M	$55.36M	$62.98M	$76.18M	$63.63M	$56.76M	$56.22M	$64.80M
EPS (basic)	$0.47	$0.42	$0.47	$0.61	$0.49	$0.42	$0.48	$0.60	$0.50	$0.44	$0.43	$0.50
EPS (diluted)	$0.47	$0.42	$0.47	$0.61	$0.49	$0.42	$0.47	$0.60	$0.49	$0.44	$0.43	$0.50
Diluted shares	93.60M	93.64M	12.00K	93.67M	93.69M	93.69M	0	93.70M	93.68M	93.64M	-4.00K	93.66M
Gross margin	35.9%	35.9%	36.7%	37.2%	37.6%	37.1%	36.1%	38.0%	37.9%	37.6%	34.7%	35.0%
Operating margin	18.1%	17.8%	17.8%	21.1%	19.9%	18.9%	18.3%	21.4%	20.1%	19.3%	16.9%	17.7%
Net margin	14.6%	14.7%	14.7%	17.2%	15.7%	14.8%	14.3%	16.9%	16.1%	15.6%	13.6%	14.2%

Balance sheet

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	May 2025	Aug 2025	Nov 2025	Jan 2026	May 2026	Aug 2026
Cash & equivalents	$247.68M	$276.96M	$327.05M	$77.04M	$112.84M	$149.22M	$193.84M	$249.83M	$269.31M	$313.97M	$349.54M	$107.10M
Receivables	$100.22M	$101.73M	$102.84M	$116.03M	$99.61M	$90.90M	$104.16M	$106.50M	$93.16M	$97.43M	$104.30M	$105.77M
Inventory	$92.77M	$88.67M	$84.60M	$90.63M	$91.05M	$85.03M	$85.11M	$93.92M	$95.87M	$96.10M	$95.52M	$100.44M
Total current assets	$456.48M	$489.15M	$536.87M	$293.21M	$324.89M	$352.57M	$406.93M	$476.13M	$491.44M	$538.04M	$593.06M	$327.55M
Goodwill	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M	$13.14M
Total assets	$672.89M	$719.88M	$770.15M	$522.57M	$557.44M	$594.02M	$672.86M	$737.76M	$748.97M	$792.47M	$851.65M	$582.27M
Total current liabilities	$142.55M	$133.10M	$137.93M	$147.48M	$128.11M	$119.61M	$140.50M	$146.88M	$114.69M	$122.07M	$135.21M	$136.93M
Total liabilities	$205.72M	$209.66M	$210.64M	$215.98M	$197.30M	$193.78M	$228.86M	$233.63M	$197.72M	$201.41M	$215.93M	$214.56M
Shareholders' equity	$467.17M	$510.22M	$559.51M	$306.60M	$360.14M	$400.24M	$444.00M	$504.13M	$551.26M	$591.06M	$635.71M	$367.70M

Cash flow

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	May 2025	Aug 2025	Nov 2025	Jan 2026	May 2026	Aug 2026
Operating cash flow	$31.92M	$35.41M	$60.44M	$57.50M	$42.59M	$46.53M	$60.08M	$59.09M	$25.71M	$50.92M	$45.53M	$64.85M
Capital expenditures	$7.29M	$6.70M	$10.84M	$3.70M	$6.91M	$10.20M	$15.47M	$3.10M	$5.81M	$6.30M	$9.94M	$3.07M
Free cash flow	$24.63M	$28.70M	$49.61M	$53.80M	$35.68M	$36.33M	$44.61M	$55.99M	$19.91M	$44.63M	$35.58M	$61.78M
Investing cash flow	-$7.28M	-$6.69M	-$10.83M	-$3.70M	-$6.91M	-$10.20M	-$15.46M	-$3.09M	-$5.81M	-$6.27M	-$9.96M	-$3.07M
Financing cash flow	$278.00K	$563.00K	$473.00K	-$303.80M	$112.00K	$58.00K	$0	$0	-$422.00K	$0	$0	-$304.22M
Dividends paid	$0	$0	—	$304.15M	$0	$0	$0	$0	$0	$0	$0	$304.25M
Share buybacks	—	—	—	—	—	$0	$0	—	—	$0	$0	—
Stock-based compensation	$170.00K	$163.00K	$377.00K	$160.00K	$151.00K	$154.00K	$141.00K	$135.00K	$112.00K	$96.00K	$96.00K	$87.00K
Depreciation & amortization	$4.99M	$5.15M	$5.07M	$5.39M	$5.14M	$4.78M	$5.48M	$5.41M	$5.59M	$5.61M	$6.08M	$6.32M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.