National Beverage Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	May '25 May 3, 2025	Apr '24 Apr 27, 2024	Apr '23 Apr 29, 2023	Apr '22 Apr 30, 2022	May '21 May 1, 2021
Revenue	1,197	1,201	1,192	1,173	1,138	1,072
Revenue Growth (YoY)	1.01%	0.81%	1.60%	3.07%	6.14%	7.18%
Cost of Revenue	749.6	757.41	763.24	776.14	720.21	650.59
Gross Profit	447.46	443.94	428.45	396.79	417.81	421.62
Selling, General & Admin	209.99	208.48	209.94	210.11	209.95	193.79
Total Operating Expenses	209.99	208.48	209.94	210.11	209.95	193.79
Operating Income	237.47	235.46	218.51	186.68	207.86	227.83
Total Non-Operating Income (Expense)	9.32	9.11	11.34	-0.24	-0.26	-0.31
Pretax Income	246.78	244.56	229.85	186.44	207.6	228.14
Provision for Income Taxes	58.69	57.74	53.12	44.28	49.08	53.99
Net Income	188.09	186.82	176.73	142.16	158.51	174.15
Net Income to Common	188.09	186.82	176.73	142.16	158.51	174.15
Net Income Growth	1.24%	5.71%	24.32%	-10.31%	-8.98%	33.99%
Shares Outstanding (Basic)	94	94	93	93	93	93
Shares Outstanding (Diluted)	94	94	94	94	94	94
Shares Change (YoY)	-0.06%	0.06%	0.02%	0.01%	-0.02%	-0.04%
EPS (Basic)	2.07	2.00	1.89	1.52	1.70	1.87
EPS (Diluted)	2.07	1.99	1.89	1.52	1.69	1.86
EPS Growth	4.02%	5.29%	24.34%	-10.06%	-9.14%	33.81%
Shares Outstanding	93.61	93.62	93.57	93.35	93.34	93.3
Free Cash Flow	165.14	170.42	167.61	139.69	104.12	168.46
Free Cash Flow Growth	-3.10%	1.68%	19.99%	34.16%	-38.20%	9.53%
Free Cash Flow Per Share	1.76	1.82	1.79	1.49	1.11	1.80
Gross Margin	37.38%	36.95%	35.95%	33.83%	36.71%	39.32%
Operating Margin	19.84%	19.60%	18.34%	15.92%	18.26%	21.25%
Profit Margin	15.71%	15.55%	14.83%	12.12%	13.93%	16.24%
FCF Margin	13.80%	14.19%	14.06%	11.91%	9.15%	15.71%
EBITDA	259.55	256.26	238.67	206.73	226.4	245.92
EBITDA Margin	21.68%	21.33%	20.03%	17.62%	19.89%	22.94%
EBIT	237.47	235.46	218.51	186.68	207.86	227.83
EBIT Margin	19.84%	19.60%	18.34%	15.92%	18.26%	21.25%
Effective Tax Rate	23.78%	23.61%	23.11%	23.75%	23.64%	23.67%

Updated Mar 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q