SBEV · Splash Beverage Group, 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 | $4.2K | - | - | - | $438.3K | - | $981.9K | $1.05M | $1.54M | - |
| Cost of Revenue | - | - | - | - | $468.7K | - | $690.8K | $802.4K | $1.38M | - |
| Gross Profit | $1.8K | - | - | - | ($30.4K) | - | $291.0K | $244.4K | $163.6K | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | $55.0K | - | - | - |
| Total Operating Expenses | $980.8K | - | $9.54M | $1.63M | $2.00M | - | $2.96M | $3.94M | $3.41M | - |
| D&A | $2.3K | - | $37.0K | $37.0K | $37.0K | - | $37.0K | $37.0K | $135.2K | - |
| Operating Income | ($979.0K) | - | ($9.54M) | ($1.63M) | ($2.03M) | - | ($2.67M) | ($3.69M) | ($3.25M) | - |
| Interest Expense | $889.5K | - | $890.5K | $622.1K | $637.3K | - | $221.5K | $172.6K | $532.6K | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | ($2.14M) | - | ($9.89M) | ($8.49M) | ($3.65M) | - | ($4.72M) | ($5.33M) | ($4.67M) | - |
| EPS - Basic | ($0.47) | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | ($1.97) | - | - | - | - | - | - | - | - | - |
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 | $381.2K | $281.4K | $265.7K | $17.2K | - | $15.3K | $456.9K | $8.3K | $14.8K | $380.0K |
| Accounts Receivable | $20.3K | $15.7K | $139.5K | $140.6K | $172.8K | $396.9K | $595.3K | $669.1K | $755.9K | $890.6K |
| Inventory | $54.9K | $33.5K | $855.3K | $855.3K | $861.1K | $893.1K | $1.34M | $1.31M | $1.47M | $2.25M |
| Accounts Payable | $4.63M | $4.81M | $6.75M | $7.04M | $6.32M | $5.23M | $5.58M | $4.92M | $4.95M | $4.44M |
| Current Assets | $708.8K | $632.0K | $1.97M | $1.61M | $1.69M | $1.90M | $3.04M | $2.54M | $2.84M | $3.98M |
| Total Assets | $770.0K | $965.7K | $22.49M | $22.24M | $2.51M | $2.76M | $8.36M | $8.06M | $8.56M | $9.90M |
| Current Liabilities | $16.97M | $16.26M | $15.64M | $13.45M | $20.42M | $19.37M | $17.78M | $16.82M | $17.02M | $14.75M |
| Long-term Debt | $857 | $3.4K | $58.1K | $52.5K | $2.08M | $1.97M | $1.32M | $1.43M | $810.2K | $457.7K |
| Total Liabilities | $16.97M | $16.27M | $15.71M | $13.52M | $22.54M | $21.39M | $19.19M | $18.41M | $18.06M | $15.50M |
| Stockholders' Equity | ($16.20M) | ($15.30M) | $6.78M | $8.72M | ($20.03M) | ($18.63M) | ($10.83M) | ($10.35M) | ($9.50M) | ($5.61M) |
| Retained Earnings | ($184.41M) | ($181.90M) | ($178.28M) | ($167.99M) | ($159.48M) | ($155.83M) | ($146.79M) | ($142.07M) | ($136.75M) | ($133.33M) |
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 | ($930.5K) | - | - | - | ($724.1K) | - | - | - | ($1.31M) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | $0 | - |
| Financing Cash Flow | $1.05M | - | - | - | $755.8K | - | - | - | $950.1K | - |
| CapEx | - | - | - | - | - | - | - | - | $0 | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($1.31M) | - |
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 | 43.8% | - | - | - | -6.9% | - | 29.6% | 23.4% | 10.6% | - |
| Operating margin | -23176.4% | - | - | - | -463.8% | - | -271.9% | -352.6% | -211.0% | - |
| EBITDA margin | -23121.4% | - | - | - | -455.3% | - | -268.1% | -349.1% | -202.2% | - |
| Net margin | -50579.3% | - | - | - | -832.9% | - | -480.7% | -508.9% | -303.2% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -84.9% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 0.28 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | 5.6% | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -277.5% | - | -44.0% | -38.2% | -145.5% | - | -56.4% | -66.1% | -54.6% | - |
| Return on equity | 13.2% | - | -145.9% | -97.4% | 18.2% | - | 43.6% | 51.4% | 49.2% | - |
| Return on invested capital | - | - | -110.3% | -14.7% | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.04 | 0.04 | 0.13 | 0.12 | 0.08 | 0.10 | 0.17 | 0.15 | 0.17 | 0.27 |
| Quick ratio | 0.04 | 0.04 | 0.07 | 0.06 | 0.04 | 0.05 | 0.10 | 0.07 | 0.08 | 0.12 |
| Cash ratio | 0.02 | 0.02 | 0.02 | 0.00 | - | 0.00 | 0.03 | 0.00 | 0.00 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | -0.00 | -0.00 | 0.01 | 0.01 | -0.10 | -0.11 | -0.12 | -0.14 | -0.09 | -0.08 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.83 | 0.71 | 0.16 | 0.18 | 0.09 | 0.05 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1.1x | - | -10.7x | -2.6x | -3.2x | - | -12.1x | -21.4x | -6.1x | - |
| Equity multiplier | -0.05 | -0.06 | 3.32 | 2.55 | -0.13 | -0.15 | -0.77 | -0.78 | -0.90 | -1.77 |
| Liabilities / Assets | 22.04 | 16.84 | 0.70 | 0.61 | 8.98 | 7.75 | 2.29 | 2.28 | 2.11 | 1.57 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | - | - | 0.17 | - | 0.12 | 0.13 | 0.18 | - |
| Inventory turnover | - | - | - | - | 0.54 | - | 0.51 | 0.61 | 0.94 | - |
| Days sales outstanding | 1757d | - | - | - | 144d | - | 221d | 233d | 179d | - |
| Days inventory outstanding | - | - | - | - | 671d | - | 709d | 594d | 390d | - |
| Days payable outstanding | - | - | - | - | 4925d | - | 2948d | 2240d | 1311d | - |
| Cash conversion cycle | - | - | - | - | -4110d | - | -2018d | -1413d | -742d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | 0.8x | 0.8x | - | - | - | - | - | - |
| P / S | 388.3x | - | - | - | 5.9x | - | 54.1x | 431.7x | 535.0x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -99.0% | - | - | - | -71.6% | - | -80.9% | -79.9% | -73.5% | - |
| Revenue CAGR (3y) | -91.0% | - | - | - | -51.9% | - | -29.7% | -31.7% | -13.9% | - |
| Revenue CAGR (5y) | -71.9% | - | - | - | 31.4% | - | 26.3% | 43.0% | 34.9% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | -77.6% | -86.2% | -90.7% | - |
| Operating income growth (YoY) | 51.8% | - | -257.5% | 55.8% | 37.5% | - | 38.3% | 12.6% | 5.9% | - |
| Net income growth (YoY) | 41.5% | - | -109.5% | -59.4% | 21.8% | - | 16.8% | 5.1% | -25.2% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 68.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 19.1% | 17.9% | - | - | -110.8% | -232.4% | -1546.0% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$73.1K totalECommerce$59.0K · 80.8%
Splash Beverage Group$14.1K · 19.2%
Peer comparison
Same SIC group: Beverages
Comparing SPLASH BEVERAGE GROUP against the 5 most active filers in the same SIC group.