Jones Soda Q3 revenue jumps 204% as distribution expands; gross margin expands

Overview

• US craft soda maker's Q3 revenue rose 204% yr/yr as distribution and product portfolio expanded

• Company posted positive Q3 net income, reversing a loss from the prior year

• Q3 adjusted EBITDA turned positive after loss in prior-year quarter

Outlook

• Jones Soda reaffirms 2026 revenue outlook of more than $45 mln and positive adjusted EBITDA

• Company sees potential for positive operating cash flow as revenue scales, subject to working capital needs

• Company plans to expand with new products, club distribution, and functional-health initiatives

Result Drivers

• DISTRIBUTION EXPANSION - Co said revenue growth was driven by expanded club retail and direct-to-consumer distribution

• NEW PRODUCTS & COLLABORATIONS - Co cited Zero Sugar lineup and collaborations with brands like Fallout and Crayola as drivers of growth

• MARGIN EXPANSION - Co reported higher gross margin, reflecting improved operating leverage

Company press release:

Key Details

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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.)