Zevia PBC Class A (ZVIA)

Over the past six months, Zevia's stock has been impacted by several key events. On February 25, 2026, Zevia announced its Fourth Quarter and Full Year 2025 results and appointed Andrew Ruben as Chair of the Board. On March 20, 2026, Zevia announced a partnership with Cardi B. On May 6, 2026, Zevia announced its First Quarter 2026 results, reporting a 21.2% increase in net sales and positive adjusted EBITDA, exceeding expectations, and raised its full-year sales guidance. Zevia participated in a conference on May 7, 2026. Overall, the stock has experienced a significant decline over the past six months.

Demand seasonality is a factor Zevia considers in its business. The beverage industry often experiences higher demand during warmer months. Zevia has mentioned plans for seasonal offerings and notes that investment needs can be seasonal, causing temporary swings in free cash flow.

Zevia PBC, founded in 2007 and headquartered in Los Angeles, California, is a beverage company specializing in zero-sugar, zero-calorie, naturally sweetened drinks. Zevia operates as a Public Benefit Corporation and a Certified B Corporation, committed to addressing global health challenges related to excessive sugar consumption. Its product portfolio includes Zevia Soda, Zevia Energy, Zevia Organic Tea, Zevia Mixers, Zevia Kidz, and Zevia Sparkling Water, all Non-GMO Project Verified, gluten-free, Kosher, and vegan.

Zevia PBC distributes its products across the United States and Canada. The company's beverages are available in over 39,000 retail locations through a diverse network. Zevia derives the majority of its revenue from the United States and aims to enhance its distribution and explore new international markets.

Zevia's brand reputation has been boosted by strategic marketing initiatives. The partnership with Cardi B generated substantial positive attention. Zevia continues to position itself as a provider of "better-for-you" beverages, emphasizing its zero-sugar, zero-calorie, naturally sweetened, and clean-label attributes. The company's commitment to social and environmental sustainability also contributes to a positive brand perception. However, litigation expenses could potentially impact its reputation.

Zevia PBC has a mixed ownership structure comprising institutional, retail, and individual investors. Institutional investors hold a total of 46,473,838 shares, with major holders including Caisse de dépôt et placement du Québec, Topline Capital Management, LLC, Divisadero Street Capital Management, LP, BlackRock, Inc., and Vanguard Group Inc. Insiders own approximately 33.56% of the company's stock, with CEO Amy Taylor owning 0.6% of the company's shares. Retail investors hold approximately 52.58% of the company's stock.