---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055058"
form_type: "8-K"
ticker: "ZVIA"
cik: "0001854139"
company_name: "Zevia PBC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:15:38.130304+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zevia Q1 net sales $38.8M (-10.4%); net loss $7.2M; launches DSD and cost-cutting plan

## Summary
- Net sales $38.8M, down 10.4% YoY; unit volume fell 10.4% to 3.0M cases.
- Net loss of $7.2M ($0.10 diluted loss per share) vs $2.9M loss YoY.
- Gross margin 45.7%, down 0.8pp YoY but up 5.0pp from Q4 2023.
- Launched regional direct-store-delivery partnerships in Pacific Northwest; first phase of route-to-market shift.
- Productivity initiative aims for $8M-$12M annualized cost savings; FY 2024 net sales guidance $158M-$166M.

## SEC filing metadata
- accession: 0000950170-24-055058
- form_type: 8-K
- ticker: ZVIA
- cik: 0001854139
- company_name: Zevia PBC
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854139/000095017024055058/0000950170-24-055058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854139/000095017024055058/zvia-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055058
- JSON: https://secwatch.observer/filing/0000950170-24-055058.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055058.txt

## Key facts
- Earnings Releases
  Zevia PBC reported first quarter ended March 31, 2024 results: revenue $38.8 million, net income Net loss was $7.2 million, EPS ($0.10) per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $38.8 million
  - Net income: Net loss was $7.2 million
  - EPS: ($0.10) per diluted share
  - Result: reported results
  source text: beverages across usage occasions today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Net sales decreased 10.4% year over year to $38.8 million • Unit volume decreased 10.4% year over year to 3.0 million equivalized cases • Gross profit margin was 45.7%, down 0.8 percentage points year over year but up 5.0 percentage
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854139/000095017024055058/0000950170-24-055058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.