National Beverage Corp income statement
In fiscal 2026, National Beverage Corp reported revenue of $1.18bn, down 1.7% on the year before, operating income of $230m (a 19.5% margin) and net income of $184m, or $1.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010May 2010 | 2011Apr 2011 | 2012Apr 2012 | 2013Apr 2013 | 2014May 2014 | 2015May 2015 | 2016Apr 2016 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020May 2020 | 2021May 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025May 2025 | 2026May 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 593 | 600 | 629 | 662 | 641 | 646 | 705 | 827 | 976 | 1,014 | 1,000 | 1,072 | 1,138 | 1,173 | 1,192 | 1,201 | 1,181 | 1,181 |
| Cost of revenue | — | — | — | — | — | — | 463 | 501 | 585 | 630 | 630 | 651 | 720 | 776 | 763 | 757 | 743 | 753 |
| Gross profit | 197 | 219 | 213 | 217 | 218 | 219 | 241 | 326 | 391 | 384 | 370 | 422 | 418 | 397 | 428 | 444 | 437 | 428 |
| Selling, general and administrative | 145 | 156 | 146 | 146 | 153 | 145 | 148 | 164 | 187 | 204 | 204 | 194 | 210 | 210 | 210 | 208 | 207 | 210 |
| Operating income | — | — | — | — | — | — | — | — | 204 | 180 | 166 | 228 | 208 | 187 | 219 | 235 | 230 | 218 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Income before tax | 51 | 63 | 67 | 70 | 63 | 75 | 93 | 163 | 205 | 184 | 169 | 228 | 208 | 186 | 230 | 245 | 241 | 229 |
| Income tax | 19 | 22 | 23 | 24 | 19 | 25 | 32 | 56 | 56 | 43 | 39 | 54 | 49 | 44 | 53 | 58 | 57 | 54 |
| Net income | 33 | 41 | 44 | 47 | 44 | 49 | 61 | 107 | 150 | 141 | 130 | 174 | 159 | 142 | 177 | 187 | 184 | 175 |
| Diluted EPS | $0.35 | $0.44 | $0.47 | $0.51 | $0.46 | $0.53 | $0.66 | $1.15 | $1.59 | $1.50 | $1.39 | $1.86 | $1.69 | $1.52 | $1.89 | $1.99 | $1.96 | $1.87 |
| Diluted shares (average) | 93m | 93m | 93m | 93m | 93m | 93m | 93m | 94m | — | — | — | 94m | 94m | 94m | 94m | 94m | 94m | 94m |
| EBITDA | — | — | — | — | — | — | — | — | 217 | 195 | 183 | 246 | 226 | 207 | 239 | 256 | 253 | 241 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4May 2025 | 2026 Q1Aug 2025 | 2026 Q2Nov 2025 | 2026 Q3Jan 2026 | 2026 Q4May 2026 | 2027 Q1Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 291 | 267 | 314 | 331 | 288 | 265 | 297 | 331 |
| Cost of revenue | 182 | 168 | 200 | 205 | 179 | 165 | 194 | 215 |
| Gross profit | 109 | 99 | 113 | 125 | 109 | 100 | 103 | 116 |
| Selling, general and administrative | 51 | 48 | 56 | 55 | 51 | 48 | 53 | 57 |
| Operating income | 58 | 51 | 58 | 71 | 58 | 51 | 50 | 58 |
| Income before tax | 60 | 52 | 59 | 73 | 61 | 54 | 53 | 62 |
| Income tax | 14 | 12 | 14 | 17 | 14 | 13 | 13 | 15 |
| Net income | 46 | 40 | 45 | 56 | 46 | 41 | 40 | 47 |
| Diluted EPS | $0.49 | $0.42 | $0.47 | $0.60 | $0.49 | $0.44 | $0.43 | $0.50 |
| EBITDA | 63 | 55 | 63 | 76 | 64 | 57 | 56 | 65 |
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