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Coca-Cola Consolidated vs Zevia PBC: revenue, profit, margins and growth compared

Coca-Cola Consolidated brought in $7.2B of revenue in fiscal 2025, Zevia PBC $161.3M in fiscal 2025. Revenue changed by +4.8% at Coca-Cola Consolidated and +4.0% at Zevia PBC on the year before, so Coca-Cola Consolidated grew faster. Coca-Cola Consolidated kept 7.9% of its revenue as net profit, Zevia PBC -6.2%. Free cash flow was $619.6M at Coca-Cola Consolidated and -$5M at Zevia PBC.

Side by side, latest fiscal year

COKEZVIA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.2B$161.3M
Revenue growth+4.8%+4.0%
Net income$570.6M-$9.9M
Net margin7.9%-6.2%
Free cash flow$619.6M-$5M
Free cash flow margin8.6%-3.1%
Earnings per share (diluted)n/a-$0.15
Cash$281.9M$25.4M
Debt$2.8Bn/a
Price to earningsn/an/a
Market value$12.7B$102.9M
Dividend yieldn/an/a
Rank by revenue in sector#30 of 93 · Consumer staples#79 of 93 · Consumer staples

Over the years

Revenue
COKE FY2018: $4.6BCOKE FY2019: $4.8BCOKE FY2020: $5BCOKE FY2021: $5.6BCOKE FY2022: $6.2BCOKE FY2023: $6.7BCOKE FY2024: $6.9BCOKE FY2025: $7.2BZVIA FY2021: $110MZVIA FY2021: $138.2MZVIA FY2022: $163.2MZVIA FY2023: $166.4MZVIA FY2024: $155MZVIA FY2025: $161.3MFY18FY19FY20FY21FY22FY23FY24FY25
COKE $7.2BZVIA $161.3M
Net income
COKE FY2018: -$19.9MCOKE FY2019: $11.4MCOKE FY2020: $172.5MCOKE FY2021: $189.6MCOKE FY2022: $430.2MCOKE FY2023: $408.4MCOKE FY2024: $633.1MCOKE FY2025: $570.6MZVIA FY2021: -$6.1MZVIA FY2021: -$87.7MZVIA FY2022: -$47.6MZVIA FY2023: -$21.5MZVIA FY2024: -$20MZVIA FY2025: -$9.9MFY18FY19FY20FY21FY22FY23FY24FY25
COKE $570.6MZVIA -$9.9M
Net margin
COKE FY2018: -0.4%COKE FY2019: 0.2%COKE FY2020: 3.4%COKE FY2021: 3.4%COKE FY2022: 6.9%COKE FY2023: 6.1%COKE FY2024: 9.2%COKE FY2025: 7.9%ZVIA FY2021: -5.5%ZVIA FY2021: -63.4%ZVIA FY2022: -29.2%ZVIA FY2023: -12.9%ZVIA FY2024: -12.9%ZVIA FY2025: -6.2%FY18FY19FY20FY21FY22FY23FY24FY25
COKE 7.9%ZVIA -6.2%
Revenue growth
COKE FY2019: +4.3%COKE FY2020: +3.7%COKE FY2021: +11.1%COKE FY2022: +11.5%COKE FY2023: +7.3%COKE FY2024: +3.7%COKE FY2025: +4.8%ZVIA FY2021: +25.6%ZVIA FY2022: +18.1%ZVIA FY2023: +2.0%ZVIA FY2024: -6.8%ZVIA FY2025: +4.0%FY19FY20FY21FY22FY23FY24FY25
COKE +4.8%ZVIA +4.0%
Free cash flow
COKE FY2018: $30.6MCOKE FY2019: $119MCOKE FY2020: $292.4MCOKE FY2021: $366.1MCOKE FY2022: $255.9MCOKE FY2023: $528.4MCOKE FY2024: $505.3MCOKE FY2025: $619.6MZVIA FY2021: -$4.1MZVIA FY2021: -$20.9MZVIA FY2022: -$23.4MZVIA FY2024: -$1.3MZVIA FY2025: -$5MFY18FY19FY20FY21FY22FY23FY24FY25
COKE $619.6MZVIA -$5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Coca-Cola Consolidated and Zevia PBC

Which is bigger by revenue, Coca-Cola Consolidated or Zevia PBC?

Coca-Cola Consolidated is bigger by revenue: $7.2B in fiscal 2025, against $161.3M for Zevia PBC in fiscal 2025.

Which keeps more of its revenue as profit, Coca-Cola Consolidated or Zevia PBC?

Coca-Cola Consolidated had a net margin of 7.9% in fiscal 2025; Zevia PBC had -6.2% in fiscal 2025.

Which grew revenue faster, Coca-Cola Consolidated or Zevia PBC?

In their latest fiscal years revenue changed by +4.8% at Coca-Cola Consolidated and +4.0% at Zevia PBC.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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