The financials
The Boston Beer Company, Inc. by the numbers
The Boston Beer Company, Inc. (SAM) reported revenue of $434M in Q1 2026 (quarter ended March 28, 2026), down 4.4% from the same quarter a year earlier. That came with a gross margin of 49% and net loss of $145M. For the full year FY2025, revenue was $1.96B (−2.4% year on year) and net income $108M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $434M | $454M | −4.4% |
| Gross profit | $214M | $219M | −2.4% |
| Operating income | −$190M | $34M | to a loss |
| Net income | −$145M | $24M | to a loss |
| Diluted EPS | −$13.88 | $2.16 | to a loss |