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Nasdaq · Consumer Staples

NATIONAL BEVERAGE CORP (FIZZ)

As-reported financials and SEC filings for NATIONAL BEVERAGE CORP. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About NATIONAL BEVERAGE CORP

National Beverage Corp produces and markets flavored beverages and snacks. The company offers products such as soft drinks, juices, and energy drinks primarily to consumers in the United States. It manages cybersecurity risks to protect its data and information systems.

Snapshot

Revenue
$1.18B
Revenue growth (YoY)
-1.7%
Net income
$183.6M
Diluted EPS
$1.96
Gross margin
37.0%
Operating margin
19.5%
Net margin
15.6%
FCF margin
13.2%
ROE
28.9%
net income / fiscal-year-end equity
P/E
16.6×
trailing when available, otherwise FY EPS
Market cap
$3.05B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended May 2, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at National Beverage

  • Revenue fell 1.7% to $1.2B in FY2026, slower than the 0.8% the year before.
  • Operating margin is 19.5% in FY2026, +1.2 pp against 18.3% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $297M, down 5.3% from Q4 FY2025.
  • Free cash flow was $156M in FY2026, 13.2% of revenue.
  • Net income fell 1.7% to $184M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where National Beverage’s fundamentals sit among the 113 Consumer Staples companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin37.0%
65th percentile of 97
Operating margin19.5%
90th percentile of 100
Net margin15.6%
89th percentile of 105
FCF margin13.2%
88th percentile of 99
Revenue growth (YoY)-1.7%
31st percentile of 110
ROE28.9%
89th percentile of 99
P/E16.6×
33rd percentile of 73
Short interest14.50d
95th percentile of 111

National Beverage’s operating margin of 19.5% ranks in the 90th percentile of the 100 Consumer Staples companies reporting it. National Beverage’s net margin of 15.6% ranks in the 89th percentile of the 105 Consumer Staples companies reporting it. National Beverage’s return on equity of 28.9% ranks in the 89th percentile of the 99 Consumer Staples companies reporting it.

1 reported insider purchase (code P) totaling $7,945 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$122.2M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$88.6M2.8MReduced
Two Sigma InvestmentsquantQ2 2026$20.7M663.8KAdded
AQR Capital ManagementquantQ2 2026$5.1M164.4KReduced
Millennium ManagementquantQ2 2026$4.1M132.7KAdded
D. E. ShawquantQ2 2026$1.6M51.6KReduced
Point72 Asset ManagementquantQ2 2026$1.3M41.9KNew
Gotham Asset ManagementQ2 2026$733,60623.5KAdded

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$8K
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-20
filed 2026-07-29
Waldman Glenn J.DirectorBuy250$31.78$8K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.3M
settled 2026-08-14
Change vs prior
-0.7%
vs previous settlement
Days to cover
14.50
at avg daily volume
Avg daily volume
296.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-144.3M-0.7%14.50
2026-07-314.3M+15.5%10.01
2026-07-153.8M+13.4%4.52
2026-06-303.3M-0.0%5.47
2026-06-153.3M+9.5%10.55
2026-05-293.0M+15.3%9.71
2026-05-152.6M-10.1%9.78
2026-04-302.9M-1.9%13.83

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$1.18B$1.20B$1.19B$1.17B$1.14B
Gross profit$437.3M$443.9M$428.5M$396.8M$417.8M
Operating income$230.1M$235.5M$218.5M$186.7M$207.9M
Net income$183.6M$186.8M$176.7M$142.2M$158.5M
Diluted EPS$1.96$1.99$1.89$1.52$1.69

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$349.5M$193.8M$327.0M$158.1M$48.0M
Current assets$593.1M$406.9M$536.9M$366.4M$274.5M
Total assets$851.6M$672.9M$770.2M$574.3M$467.8M
Current liabilities$135.2M$140.5M$137.9M$144.3M$145.3M
Long-term debt$0$30.0M
Total liabilities$215.9M$228.9M$210.6M$201.9M$228.4M
Total equity$635.7M$444.0M$559.5M$372.5M$239.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$181.3M$206.7M$197.9M$161.7M$133.1M
Capital expenditure$25.1M$36.3M$30.3M$22.0M$29.0M
Free cash flow$156.1M$170.4M$167.6M$139.7M$104.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$297.1M-5.3%$40.3M$0.43
Q3 FY2026$264.6M-0.9%$41.2M$0.44
Q2 FY2026$288.3M-1.0%$46.4M$0.49
Q1 FY2026$330.5M0.3%$55.8M$0.60
Q4 FY2025$313.6M5.5%$44.8M$0.48
Q3 FY2025$267.1M-1.1%$39.6M$0.42
Q2 FY2025$291.2M-3.0%$45.6M$0.49
Q1 FY2025$329.5M1.6%$56.8M$0.61

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Staples
SIC industryBottled & Canned Soft Drinks & Carbonated Waters
Latest annual periodFY2026 (ended May 2, 2026)
Latest reported quarterQ4 FY2026 (ended May 2, 2026)
Oldest indexed filing1994
SEC CIK69891

Selected SEC filings

10-K2026-07-01
View on EDGAR →
10-K2025-07-02
View on EDGAR →
10-Q2026-03-12
View on EDGAR →
10-Q2025-12-11
View on EDGAR →
10-Q2025-09-11
View on EDGAR →
10-Q2025-03-06
View on EDGAR →
8-K2026-07-02
View on EDGAR →
8-K2026-03-13
View on EDGAR →

Largest Consumer Staples peers

All Consumer Staples companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.