THE BOSTON BEER COMPANY, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $568.3M | $433.9M | $537.5M | $587.9M | $453.9M | $605.5M | $579.1M | $426.1M |
| Cost of Revenue | $282.0M | $220.0M | $264.4M | $295.4M | $234.6M | $325.2M | $312.6M | $239.7M |
| Gross Profit | $286.4M | $214.0M | $273.1M | $292.5M | $219.3M | $280.2M | $266.5M | $186.3M |
| Gross Margin | 50.4% | 49.3% | 50.8% | 49.8% | 48.3% | 46.3% | 46.0% | 43.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $48.9M | $52.3M | $44.9M | $45.8M | $48.0M | $43.8M | $48.0M | $50.4M |
| Operating Income | $70.8M | $-190.5M | $62.0M | $82.1M | $33.8M | $45.8M | $70.8M | $15.4M |
| Operating Margin | 12.5% | -43.9% | 11.5% | 14.0% | 7.4% | 7.6% | 12.2% | 3.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $72.3M | $-188.9M | $64.2M | $84.1M | $35.8M | $49.1M | $73.3M | $18.8M |
| Income Tax Expense | $20.8M | $-43.7M | $18.0M | $23.6M | $11.4M | $15.6M | $21.0M | $6.2M |
| Net Income | $51.6M | $-145.3M | $46.2M | $60.4M | $24.4M | $33.5M | $52.3M | $12.6M |
| Net Margin | 9.1% | -33.5% | 8.6% | 10.3% | 5.4% | 5.5% | 9.0% | 3.0% |
| EPS (Basic) | $4.96 | $-13.88 | $4.25 | $5.45 | $2.16 | $2.87 | $4.40 | $1.05 |
| EPS (Diluted) | $4.96 | $-13.88 | $4.25 | $5.45 | $2.16 | $2.86 | $4.39 | $1.04 |
| Shares Outstanding (Basic) | 10.4M | 10.5M | 10.9M | 11.1M | 11.3M | 11.7M | 11.9M | 12.1M |
| Shares Outstanding (Diluted) | 10.4M | 10.5M | 10.8M | 11.1M | 11.3M | 11.7M | 11.9M | 12.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |