The Boston Beer Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,945	1,965	2,013	2,009	2,090	2,058
Revenue Growth (YoY)	-4.69%	-2.38%	0.21%	-3.91%	1.59%	18.50%
Cost of Revenue	997.78	1,012	1,119	1,156	1,228	1,260
Gross Profit	947.28	952.58	893.73	852.37	861.99	797.79
Selling, General & Admin	807.64	800.74	741.94	730.55	735.93	740.62
Other Operating Expenses	218.99	6.96	23.61	74.03	35.26	49.18
Total Operating Expenses	1,027	807.7	765.55	804.58	771.2	789.8
Operating Income	-79.35	144.88	75.97	100	90.79	8
Total Non-Operating Income (Expense)	8.04	8.58	11.63	9.59	0.65	-1.09
Pretax Income	-71.31	153.46	87.6	109.59	91.44	6.91
Provision for Income Taxes	-10.11	44.99	27.91	33.34	24.17	-7.64
Net Income	-61.2	108.47	59.7	76.25	67.26	14.55
Net Income to Common	-61.2	108.47	59.7	76.25	67.26	14.55
Net Income Growth	-	81.71%	-21.71%	13.36%	362.19%	-92.42%
Shares Outstanding (Basic)	11	11	12	12	12	12
Shares Outstanding (Diluted)	11	11	12	12	12	12
Shares Change (YoY)	-7.11%	-7.05%	-4.01%	-0.70%	0.72%	-0.21%
EPS (Basic)	-6.30	9.90	5.07	6.23	5.46	1.19
EPS (Diluted)	-6.30	9.89	5.06	6.21	5.44	1.19
EPS Growth	-	95.45%	-18.52%	14.15%	358.17%	-92.36%
Shares Outstanding	10.41	10.48	11.33	12.1	12.31	12.25
Free Cash Flow	190.82	215.6	172.62	201.06	109.36	-91.62
Free Cash Flow Growth	-11.49%	24.90%	-14.15%	83.85%	-	-
Free Cash Flow Per Share	17.76	19.71	14.67	16.40	8.86	-7.48
Gross Margin	48.70%	48.48%	44.40%	42.44%	41.24%	38.77%
Operating Margin	-4.08%	7.37%	3.77%	4.98%	4.34%	0.39%
Profit Margin	-3.15%	5.52%	2.97%	3.80%	3.22%	0.71%
FCF Margin	9.81%	10.97%	8.58%	10.01%	5.23%	-4.45%
EBITDA	9.86	235.32	169.97	188.14	172.15	80.09
EBITDA Margin	0.51%	11.98%	8.44%	9.37%	8.24%	3.89%
EBIT	-79.35	144.88	75.97	100	90.79	8
EBIT Margin	-4.08%	7.37%	3.77%	4.98%	4.34%	0.39%
Effective Tax Rate	14.17%	29.32%	31.86%	30.42%	26.44%	-110.64%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q