Jones Soda's Q4 revenue jumps 450%, adjusted EBITDA turns positive

Jones Soda

31/03/2026 21:10

Overview

U.S. craft soda maker's Q4 revenue rose 450% yr/yr, driven by club and DTC sales

Company posted positive adjusted EBITDA of $0.5 mln, compared to a loss a year ago

Management expects Q1 2026 revenue to exceed $12 mln, up over 260% yr/yr

Outlook

Jones Soda expects Q1 2026 revenue to exceed $12 mln, up 260%+ YoY

Company expects FY2026 revenue to exceed $40 mln, up 60%+ YoY

Company says expanded distribution and partnerships to drive revenue growth in 2026

Result Drivers

CLUB AND DTC SALES - Q4 revenue growth was primarily driven by club and direct-to-consumer sales of licensed products

EXPANDED DISTRIBUTION - Distribution expanded across Canada, with new club store shipments and broader availability of licensed beverages

HIGHER LICENSE AND BROKER FEES - Operating expenses increased mainly due to higher license and broker fees related to revenue growth

Company press release: ID:nPnb569FHa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$11.68 mln
Q4 Net Income
-$2.11 mln
Q4 Adjusted EBITDA
$478,000
Q4 Gross Profit
$2.44 mln
Q4 Pretax Profit
-$1.82 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)