Boston Beer financials
$162.49−1.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 27 | FY24 Dec 28 | FY23 Dec 30 | FY22 Dec 31 | FY21 Dec 25 | FY20 Dec 26 | FY19 Dec 28 | FY18 Dec 29 | FY17 Dec 30 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.09B | $2.14B | $2.13B | $2.09B | $2.06B | $1.74B | $1.25B | $1.06B | $921.7M | $906.4M |
| Gross profit | $1.07B | $1.02B | $977.0M | $862.0M | $797.8M | $814.5M | $614.2M | $512.2M | $449.9M | $459.7M |
| Gross margin | 51.5% | 47.6% | 45.8% | 41.2% | 38.8% | 46.9% | 49.1% | 48.4% | 48.8% | 50.7% |
| Operating income | $144.9M | $76.0M | $100.0M | $90.8M | $8.0M | $244.2M | $144.9M | $115.9M | $115.7M | $137.4M |
| Net income | $108.5M | $59.7M | $76.3M | $67.3M | $14.6M | $153.1M | $110.0M | $92.7M | $73.1M | $87.3M |
| Net margin | 5.2% | 2.8% | 3.6% | 3.2% | 0.7% | 8.8% | 8.8% | 8.8% | 7.9% | 9.6% |
| Diluted EPS | $9.89 | $5.06 | $6.21 | $5.44 | $1.17 | $15.53 | $9.16 | $7.82 | $8.09 | $6.79 |
| EBITDA | $242.3M | $219.7M | $210.0M | $207.4M | $129.3M | $314.3M | $202.1M | $168.5M | $169.4M | $187.0M |
| Operating cash flow | $270.2M | $248.9M | $265.2M | $199.9M | $56.3M | $253.4M | $178.2M | $163.4M | $136.0M | $154.2M |
| Free cash flow | $215.6M | $172.6M | $201.1M | $109.4M | -$91.6M | $113.4M | $85.0M | $108.0M | $103.0M | $104.3M |
| Diluted shares | 10.9M | 11.8M | 12.3M | 12.3M | 12.4M | 12.3M | 11.9M | 11.7M | 12.2M | 12.8M |
Balance sheet
| Period end | Dec 27 | Dec 28 | Dec 30 | Dec 31 | Dec 25 | Dec 26 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $223.4M | $211.8M | $298.5M | $180.6M | $26.9M | $163.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $1.19B | $1.25B | $1.43B | $1.42B | $1.39B | $1.38B |
| Total liabilities | $347.3M | $333.8M | $352.1M | $352.2M | $403.4M | $421.9M |
| Shareholders' equity | $846.3M | $916.2M | $1.08B | $1.07B | $983.4M | $957.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology