SAM · Boston Beer Co Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $433.93M | - | $537.49M | $587.95M | $453.87M | - | $605.48M | $579.10M | $426.05M | - |
| Cost of Revenue | $219.97M | - | $264.38M | $295.43M | $234.60M | - | $325.24M | $312.64M | $239.70M | - |
| Gross Profit | $213.96M | - | $273.12M | $292.52M | $219.26M | - | $280.24M | $266.46M | $186.35M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $52.30M | - | $44.91M | $45.75M | $47.95M | - | $43.82M | $48.02M | $50.38M | - |
| Total Operating Expenses | $404.42M | - | $211.07M | $210.45M | $185.49M | - | $234.41M | $195.64M | $170.99M | - |
| D&A | $21.58M | - | - | - | $22.81M | - | - | - | $23.40M | - |
| Operating Income | ($190.46M) | - | $62.05M | $82.07M | $33.78M | - | $45.83M | $70.81M | $15.35M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($43.67M) | - | $18.00M | $23.62M | $11.43M | - | $15.58M | $20.98M | $6.21M | - |
| Net Income | ($145.26M) | - | $46.16M | $60.43M | $24.41M | - | $33.51M | $52.34M | $12.60M | - |
| EPS - Basic | ($13.88) | - | $4.25 | $5.45 | $2.16 | - | $2.87 | $4.40 | $1.05 | - |
| EPS - Diluted | ($13.88) | - | $4.25 | $5.45 | $2.16 | - | $2.86 | $4.39 | $1.04 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $164.12M | $223.38M | $250.45M | $212.43M | $152.45M | $211.82M | $255.60M | $219.29M | $205.44M | $298.49M |
| Accounts Receivable | $86.94M | $57.09M | $84.32M | $92.83M | $87.70M | $61.42M | $94.10M | $125.45M | $72.96M | $67.00M |
| Inventory | $118.95M | $92.53M | $101.72M | $134.37M | $145.26M | $117.16M | $160.32M | $152.30M | $146.78M | $115.77M |
| Accounts Payable | $100.21M | $94.97M | $102.21M | $112.67M | $110.09M | $87.28M | $102.91M | $114.99M | $98.11M | $87.25M |
| Current Assets | $417.28M | $417.58M | $461.79M | $466.50M | $414.35M | $417.29M | $535.68M | $526.25M | $452.92M | $503.51M |
| Total Assets | $1.17B | $1.19B | $1.25B | $1.27B | $1.24B | $1.25B | $1.38B | $1.44B | $1.38B | $1.43B |
| Current Liabilities | $448.57M | $252.53M | $252.56M | $264.88M | $241.20M | $231.63M | $263.65M | $269.95M | $211.42M | $223.29M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $488.45M | $347.31M | $335.62M | $355.87M | $343.21M | $333.83M | $367.83M | $394.91M | $337.46M | $352.06M |
| Stockholders' Equity | $682.59M | $846.28M | $910.98M | $912.34M | $897.01M | $916.19M | $1.01B | $1.04B | $1.05B | $1.08B |
| Retained Earnings | ($21.37M) | $147.74M | $220.77M | $225.12M | $215.11M | $240.31M | $342.50M | $372.61M | $383.88M | $421.57M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($20.43M) | - | - | - | $1.94M | - | - | - | ($4.88M) | - |
| Investing Cash Flow | ($12.32M) | - | - | - | ($9.88M) | - | - | - | ($35.71M) | - |
| Financing Cash Flow | ($26.50M) | - | - | - | ($51.42M) | - | - | - | ($52.45M) | - |
| CapEx | $12.32M | - | - | - | $9.92M | - | - | - | $15.74M | - |
| Free Cash Flow | ($32.76M) | - | - | - | ($7.98M) | - | - | - | ($20.62M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 49.3% | - | 50.8% | 49.8% | 48.3% | - | 46.3% | 46.0% | 43.7% | - |
| Operating margin | -43.9% | - | 11.5% | 14.0% | 7.4% | - | 7.6% | 12.2% | 3.6% | - |
| EBITDA margin | -38.9% | - | - | - | 12.5% | - | - | - | 9.1% | - |
| Net margin | -33.5% | - | 8.6% | 10.3% | 5.4% | - | 5.5% | 9.0% | 3.0% | - |
| Free cash flow margin | -7.5% | - | - | - | -1.8% | - | - | - | -4.8% | - |
| FCF / Net income | 0.23 | - | - | - | -0.33 | - | - | - | -1.64 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.1% | - | 8.4% | 7.8% | 10.6% | - | 7.2% | 8.3% | 11.8% | - |
| Effective tax rate | - | - | 28.1% | 28.1% | 31.9% | - | 31.7% | 28.6% | 33.0% | - |
| Return on assets | -12.4% | - | 3.7% | 4.8% | 2.0% | - | 2.4% | 3.6% | 0.9% | - |
| Return on equity | -21.3% | - | 5.1% | 6.6% | 2.7% | - | 3.3% | 5.0% | 1.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.93 | 1.65 | 1.83 | 1.76 | 1.72 | 1.80 | 2.03 | 1.95 | 2.14 | 2.25 |
| Quick ratio | 0.67 | 1.29 | 1.43 | 1.25 | 1.12 | 1.30 | 1.42 | 1.39 | 1.45 | 1.74 |
| Cash ratio | 0.37 | 0.88 | 0.99 | 0.80 | 0.63 | 0.91 | 0.97 | 0.81 | 0.97 | 1.34 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.72 | 1.41 | 1.37 | 1.39 | 1.38 | 1.36 | 1.36 | 1.38 | 1.32 | 1.33 |
| Liabilities / Assets | 0.42 | 0.29 | 0.27 | 0.28 | 0.28 | 0.27 | 0.27 | 0.28 | 0.24 | 0.25 |
| Efficiency | ||||||||||
| Asset turnover | 0.37 | - | 0.43 | 0.46 | 0.37 | - | 0.44 | 0.40 | 0.31 | - |
| Inventory turnover | 1.85 | - | 2.60 | 2.20 | 1.62 | - | 2.03 | 2.05 | 1.63 | - |
| Days sales outstanding | 73d | - | 57d | 58d | 71d | - | 57d | 79d | 63d | - |
| Days inventory outstanding | 197d | - | 140d | 166d | 226d | - | 180d | 178d | 224d | - |
| Days payable outstanding | 166d | - | 141d | 139d | 171d | - | 115d | 134d | 149d | - |
| Cash conversion cycle | 104d | - | 57d | 84d | 125d | - | 121d | 123d | 137d | - |
| Valuation | ||||||||||
| P / E | - | - | 50.6x | 34.9x | 110.8x | - | 99.1x | 69.5x | 292.7x | - |
| P / B | 3.5x | - | 2.6x | 2.3x | 3.0x | - | 3.3x | 3.5x | 3.5x | - |
| P / S | 5.5x | - | 4.3x | 3.6x | 5.9x | - | 5.5x | 6.3x | 8.6x | - |
| EV / EBITDA | - | - | - | - | 44.9x | - | - | - | 89.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -4.4% | - | -11.2% | 1.5% | 6.5% | - | 0.6% | -4.0% | 3.9% | - |
| Revenue CAGR (3y) | 1.9% | - | -3.4% | -1.6% | 1.8% | - | 2.5% | -1.3% | -7.9% | - |
| Revenue CAGR (5y) | -4.5% | - | 1.8% | 5.4% | 6.5% | - | 9.9% | 12.7% | 11.1% | - |
| Gross profit growth (YoY) | -2.4% | - | -2.5% | 9.8% | 17.7% | - | 2.0% | -2.8% | 19.7% | - |
| Operating income growth (YoY) | - | - | 35.4% | 15.9% | 120.0% | - | -25.5% | -9.6% | - | - |
| Net income growth (YoY) | - | - | 37.7% | 15.5% | 93.8% | - | -26.0% | -9.8% | - | - |
| EPS growth (YoY) | - | - | 48.6% | 24.1% | 107.7% | - | -22.7% | -7.0% | - | - |
| EPS CAGR (3y) | - | - | 24.4% | 8.1% | - | - | - | -2.6% | -41.7% | - |
| EPS CAGR (5y) | - | - | -8.2% | 2.2% | 7.7% | - | -4.8% | 13.2% | -12.4% | - |
| FCF growth (YoY) | -310.4% | - | - | - | 61.3% | - | - | - | 41.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -23.9% | -7.6% | -10.2% | -12.3% | -14.3% | -15.0% | -9.5% | -4.3% | 0.5% | 0.9% |
Peer comparison
Same SIC group: Malt Beverages
Comparing BOSTON BEER CO INC against the 2 most active filers in the same SIC group.