Jones Soda Q2 revenue doubles; outlook raised, expects strong Q3
Jones Soda Q2 revenue doubles; outlook raised, expects strong Q3
Overview
U.S. craft soda maker's Q2 revenue rose 108% yr/yr to $10.2 mln
Adjusted EBITDA loss narrowed to $312,000 from $739,000 a year earlier
Company raised FY2026 revenue growth outlook to more than 80% and expects positive adjusted EBITDA
Outlook
Jones Soda raises FY2026 net revenue outlook to exceed $45 mln, up over 80% year-over-year
Company expects to achieve positive adjusted EBITDA for full-year 2026
Jones Soda anticipates Q3 2026 to be one of its strongest quarters due to shipment timing
Result Drivers
FALLOUT BRANDED SALES - Co said revenue growth was mainly driven by increased sales of Fallout branded products through club channels
SHIPMENT TIMING - Co said about $2 mln of expected revenue shifted from Q2 into Q3 due to shipment timing
HIGHER LOGISTICS COSTS - Co attributed lower gross margin to higher logistics costs from elevated world oil prices, partially offset by reduced freight costs late in Q2
Company press release: ID:nPnbBcLx9a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $10.17 mln |
|
Q2 Gross Profit |
| $2.79 mln |
|
Q2 Pretax Loss |
| $647,000 |
|
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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.)
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