What is Jones Soda Co's earnings per share (EPS)?

Jones Soda Co (JSDA) reported diluted earnings per share of -$0.01 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Jones Soda Co (JSDA) Financials

JSDA

FY2025 annual

Revenue $25.3M +42.2% YoY

Net Income -$1.8M +82.0% YoY

EPS (Diluted) -$0.01 YoY not available

Free Cash Flow -$1.7M +72.4% YoY

Market Cap $37.4M as of Sep 4, 2026

Price / Sales 1.0x on $38.8M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 30.6x on $1.2M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 13, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JSDA SEC filings page.

Jones Soda Co (JSDA) reported $25.3M in revenue for fiscal year 2025, up 42.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI JSDA FY2025 2026-08-29

Revenue recovery is improving margins and cash conversion, but loss-making operations still rely on a heavily liability-funded balance sheet.

The FY2025 sales rebound came with gross margin rising to 26.7% from 20.6%, indicating a mix or cost-of-goods shift rather than volume alone. Meanwhile, SG&A fell to $6.3M, helping operating loss narrow to -$4.8M despite continued losses.

Operating cash flow improved from -$6.2M to -$1.3M, broadly tracking the smaller net loss and showing that the earnings improvement was not purely non-cash. Free cash flow remained negative at -$1.7M, so lower cash consumption has not yet made operations self-funding.

Capital structure weakened even as operations improved: debt-to-equity rose from 3.0x to 9.4x, making the recovery more dependent on liabilities and financing. The reported liquidity comparison equaled 34.2 months of latest annual operating outflow, yet a 0.96x current ratio means current liabilities exceeded current assets.

Financial Health Signals

Financial health score not available

Jones Soda Co does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-6.49

Jones Soda Co scores -6.49, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($37.4M) relative to total liabilities ($13.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Jones Soda Co passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Jones Soda Co reported a net loss of $1.8M while operations used $1.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Jones Soda Co reported an operating loss of $4.8M against $20K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$10.2M

YoY+107.8%

QoQ-18.2%

5Y CAGR+17.9%

10Y CAGR+9.0%

Jones Soda Co generated $10.2M in revenue in Q2 2026. This represents an increase of 107.8% from the same quarter a year earlier. Against the prior quarter it is down 18.2%.

EBITDA

-$429K

YoY+42.3%

QoQ-200.2%

Jones Soda Co's EBITDA was -$429K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 42.3% from the same quarter a year earlier. Against the prior quarter it is down 200.2%.

Net Income

-$650K

YoY-124.9%

QoQ-665.2%

Jones Soda Co reported -$650K in net income in Q2 2026. This represents a decrease of 124.9% from the same quarter a year earlier. Against the prior quarter it is down 665.2%.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

-$2.0M

QoQ-131.6%

Jones Soda Co recorded an outflow of $2.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is down 131.6%.

Cash & Debt

$2.4M

YoY+261.7%

QoQ-47.0%

5Y CAGR-5.4%

10Y CAGR+14.9%

Jones Soda Co held $2.4M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

126M

YoY+7.0%

QoQ+6.0%

5Y CAGR+14.1%

10Y CAGR+11.8%

Jones Soda Co had 126M shares outstanding in Q2 2026. This represents an increase of 7.0% from the same quarter a year earlier. Against the prior quarter it is up 6.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

27.5%

YoY-5.8pp

QoQ-3.9pp

5Y CAGR-3.8pp

10Y CAGR+2.2pp

Jones Soda Co's gross margin was 27.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 5.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.9 percentage points.

Operating Margin

-5.2%

YoY+10.4pp

QoQ-8.0pp

5Y CAGR-5.4pp

10Y CAGR-5.0pp

Jones Soda Co's operating margin was -5.2% in Q2 2026, reflecting core business profitability. This is up 10.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.0 percentage points.

Net Margin

-6.4%

YoY-59.7pp

QoQ-7.3pp

5Y CAGR-13.3pp

10Y CAGR-4.9pp

Jones Soda Co's net profit margin was -6.4% in Q2 2026, showing the share of revenue converted to profit. This is down 59.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.3 percentage points.

Return on Equity

-53.1%

YoY-113.3pp

QoQ-59.5pp

5Y CAGR-59.2pp

Jones Soda Co's ROE was -53.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 113.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 59.5 percentage points.

Capital Allocation

Capital Expenditures

$10K

QoQ-56.5%

Jones Soda Co invested $10K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is down 56.5%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

JSDA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

JSDA quarterly income statement

Metric	TTM	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$38.8M	$25.3M+42.2%	$17.8M+6.7%	$16.7M-12.7%	$19.1M+29.0%	$14.8M+24.4%	$11.9M+3.4%	$11.5M-8.4%	$12.6M-5.9%	$13.3M-14.8%	$15.7M+15.3%	$13.6M+0.3%	$13.6M-1.0%	$13.7M-16.4%	$16.4M-5.8%	$17.4M
Cost of Revenue	$28.3M	$18.5M+31.2%	$14.1M+19.6%	$11.8M-15.3%	$13.9M+34.1%	$10.4M+12.8%	$9.2M+1.0%	$9.1M-7.1%	$9.8M-4.8%	$10.3M-10.8%	$11.6M+11.8%	$10.3M-1.9%	$10.5M+1.1%	$10.4M-12.3%	$11.9M-9.3%	$13.1M
Gross Profit	$10.4M	$6.8M+84.8%	$3.7M-24.6%	$4.9M-5.6%	$5.1M+16.9%	$4.4M+64.2%	$2.7M+12.4%	$2.4M-12.9%	$2.7M-9.5%	$3.0M-26.2%	$4.1M+26.4%	$3.2M+7.7%	$3.0M-7.7%	$3.3M-27.2%	$4.5M+4.7%	$4.3M
SG&A Expenses	$6.7M	$6.3M-19.7%	$7.8M+45.9%	$5.4M-14.6%	$6.3M+89.9%	$3.3M+12.8%	$2.9M+28.0%	$2.3M+10.5%	$2.1M+2.8%	$2.0M-6.4%	$2.2M+2.2%	$2.1M-17.0%	$2.5M-8.8%	$2.8M-29.1%	$3.9M-25.1%	$5.2M
Operating Income	-$3.3M	-$4.8M+51.0%	-$9.7M-99.5%	-$4.9M+19.9%	-$6.1M-219.5%	-$1.9M+32.6%	-$2.8M-20.2%	-$2.4M-28.7%	-$1.8M-64.2%	-$1.1M-1209.4%	-$85K+88.8%	-$756K+57.0%	-$1.8M+4.4%	-$1.8M+34.3%	-$2.8M+61.3%	-$7.2M
EBITDA	N/A	-$4.5M+53.0%	-$9.7M-100.9%	-$4.8M+15.2%	-$5.7M-226.2%	-$1.7M+35.3%	-$2.7M-32.2%	-$2.0M-19.5%	-$1.7M-54.9%	-$1.1M-1471.4%	-$70K+90.5%	-$733K+52.8%	-$1.6M+3.7%	-$1.6M+35.8%	-$2.5M+64.1%	-$7.0M
Interest Expense	$238K	$20K+81.8%	$11K	$0-100.0%	$377K+67.6%	$225K+49.0%	$151K-65.8%	$442K+63.1%	$271K+261.3%	$75K-11.8%	$85K+39.3%	$61K+335.7%	$14K	N/A	N/A	N/A
Income Tax	N/A	$8K-68.0%	$25K-24.2%	$33K+17.9%	$28K+3.7%	$27K0.0%	$27K-6.9%	$29K+20.8%	$24K+4.3%	$23K+475.0%	$4K-94.6%	$74K+21.3%	$61K-6.2%	$65K-28.6%	$91K+184.4%	$32K
Net Income	-$4.1M	-$1.8M+82.0%	-$9.9M-103.9%	-$4.9M+24.2%	-$6.4M-253.6%	-$1.8M+39.6%	-$3.0M-7.9%	-$2.8M-33.6%	-$2.1M-63.6%	-$1.3M-594.5%	-$183K+83.7%	-$1.1M+27.3%	-$1.5M+18.6%	-$1.9M+34.8%	-$2.9M+59.4%	-$7.2M
EPS (Basic)	N/A	-$0.01+88.9%	-$0.09-80.0%	-$0.05+28.6%	-$0.07-133.3%	-$0.03	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	—	-$0.01	-$0.09-80.0%	-$0.05	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	117M	107M+6.5%	101M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Revenue	$10.2M+107.8%	$12.4M+193.9%	$11.7M+719.0%	$4.5M+6.9%	$4.9M-31.6%	$4.2M-15.4%	$1.4M-59.2%	$4.2M-6.4%
Cost of Revenue	$7.4M+125.8%	$8.5M+201.0%	$9.2M+167.8%	$3.2M+0.7%	$3.3M-25.7%	$2.8M-8.8%	$3.4M+22.5%	$3.2M+5.4%
Gross Profit	$2.8M+71.5%	$3.9M+179.4%	$2.4M+298.7%	$1.3M+76.7%	$1.6M-28.1%	$1.4M-26.3%	-$1.2M-280.5%	$735K-50.3%
SG&A Expenses	$1.4M+6.7%	$1.5M+25.4%	$2.1M-3.7%	$1.7M-8.3%	$1.3M-42.0%	$1.2M-22.1%	$2.1M+90.6%	$1.8M+45.0%
Operating Income	-$525K+30.9%	$353K+138.3%	-$1.7M+60.5%	-$1.4M+46.5%	-$760K+55.6%	-$921K+19.6%	-$4.3M-174.2%	-$2.6M-177.4%
EBITDA	-$429K+42.3%	$428K+147.1%	-$1.5M	-$1.4M+46.8%	-$743K	-$908K+19.6%	N/A	-$2.6M-180.7%
Interest Expense	$126K+80.0%	$240K+207.7%	-$215K	$87K+770.0%	$70K+900.0%	$78K	N/A	$10K
Income Tax	$3K-57.1%	$2K	N/A	$2K-60.0%	$7K-36.4%	N/A	-$1K-133.3%	$5K-37.5%
Net Income	-$650K-124.9%	$115K+113.5%	-$2.1M+53.6%	-$1.4M+45.7%	$2.6M+266.5%	-$852K+26.0%	-$4.5M-196.6%	-$2.6M-181.4%
EPS (Basic)	-$0.01-150.0%	$0.00+100.0%	-$0.01+75.0%	-$0.01+50.0%	$0.02+200.0%	-$0.010.0%	-$0.04-100.0%	-$0.02-100.0%
EPS (Diluted)	N/A	$0.00+100.0%	-$0.01	-$0.01+50.0%	$0.02	-$0.010.0%	-$0.04	-$0.02
Diluted Shares (Avg)	119M+2.2%	121M+4.8%	N/A	117M+5.5%	116M	116M+14.2%	N/A	111M

Not reported in any period shown, so not listed: R&D Expenses.

JSDA Balance Sheet

JSDA quarterly balance sheet

Metric	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$15.2M+78.7%	$8.5M-14.0%	$9.9M-34.4%	$15.1M+35.5%	$11.1M+23.2%	$9.1M-8.1%	$9.9M+142.2%	$4.1M+20.0%	$3.4M-31.3%	$4.9M-7.9%	$5.4M+9.8%	$4.9M-11.6%	$5.5M-21.5%	$7.0M-8.3%	$7.7M
Current Assets	$13.3M+58.3%	$8.4M-12.7%	$9.6M-35.9%	$15.0M+42.4%	$10.5M+27.5%	$8.2M-14.5%	$9.6M+144.2%	$3.9M+18.1%	$3.3M-31.8%	$4.9M-7.5%	$5.3M+9.9%	$4.8M-7.8%	$5.2M-11.2%	$5.9M-6.1%	$6.3M
Cash & Equivalents	$3.6M+182.3%	$1.3M-67.0%	$3.9M-51.5%	$8.0M+70.8%	$4.7M+1.1%	$4.6M-22.7%	$6.0M+502.3%	$991K+149.6%	$397K-45.8%	$733K-5.1%	$772K-9.9%	$857K-41.5%	$1.5M-11.5%	$1.7M-3.2%	$1.7M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.7M-21.0%	$3.4M+40.6%	$2.4M-8.7%	$2.6M+36.3%	$1.9M+3.6%	$1.9M+3.8%	$1.8M+32.5%	$1.3M-13.4%	$1.6M-15.8%	$1.9M-28.0%	$2.6M-1.3%	$2.6M+12.4%	$2.3M+4.1%	$2.2M-6.8%	$2.4M
Accounts Receivable	$3.6M+93.9%	$1.9M-12.3%	$2.1M-33.2%	$3.2M+19.1%	$2.7M+68.4%	$1.6M+0.5%	$1.6M+15.5%	$1.4M+9.2%	$1.2M-42.6%	$2.2M+18.2%	$1.8M+48.7%	$1.2M+19.6%	$1.0M-40.6%	$1.7M-11.4%	$2.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$13.8M+116.2%	$6.4M+170.2%	$2.4M-29.4%	$3.3M-48.9%	$6.5M+39.8%	$4.7M+71.5%	$2.7M-42.9%	$4.8M+95.1%	$2.4M-21.8%	$3.1M-12.8%	$3.6M+59.3%	$2.3M-0.1%	$2.3M+0.8%	$2.2M-31.2%	$3.3M
Current Liabilities	$13.8M+116.2%	$6.4M+170.2%	$2.4M-29.4%	$3.3M-25.7%	$4.5M+80.5%	$2.5M+99.7%	$1.2M-40.7%	$2.1M-13.7%	$2.4M-21.9%	$3.1M-12.9%	$3.6M+60.6%	$2.2M+20.5%	$1.8M+5.5%	$1.8M-35.5%	$2.7M
Non-Current Liabilities	$0	$0	$0	$0-100.0%	$2.0M-6.6%	$2.2M+47.8%	$1.5M-44.6%	$2.7M+22158.3%	$12K0.0%	$12K+9.1%	$11K-57.7%	$26K-93.6%	$406K-16.3%	$485K-10.0%	$539K
Total Equity	$1.5M-32.0%	$2.2M-71.4%	$7.5M-35.8%	$11.8M+154.9%	$4.6M+5.4%	$4.4M-38.6%	$7.1M+1113.8%	-$703K-174.5%	$943K-47.8%	$1.8M+2.2%	$1.8M-32.6%	$2.6M-19.6%	$3.3M-31.9%	$4.8M+8.6%	$4.4M
Retained Earnings	-$94.7M-1.9%	-$92.9M-11.9%	-$83.1M-6.2%	-$78.2M-8.9%	-$71.8M-2.6%	-$70.0M-4.5%	-$67.0M-4.3%	-$64.2M-3.3%	-$62.1M-2.1%	-$60.9M-0.3%	-$60.7M-1.9%	-$59.6M-2.7%	-$58.0M-3.4%	-$56.1M-5.5%	-$53.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Total Assets	$13.7M+15.0%	$17.1M+73.8%	$15.2M+78.7%	$12.1M+1.8%	$11.9M-4.0%	$9.8M-12.1%	$8.5M-14.0%	$11.9M-1.0%
Current Assets	$12.0M+30.4%	$15.1M+55.7%	$13.3M+58.3%	$9.3M-20.4%	$9.2M-24.5%	$9.7M-11.0%	$8.4M-12.7%	$11.7M-1.4%
Cash & Equivalents	$2.4M+261.7%	$4.4M+510.6%	$3.6M+182.3%	$199K-92.6%	$650K-55.4%	$727K-74.3%	$1.3M-67.0%	$2.7M-48.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$4.7M+43.4%	$4.2M+6.3%	$2.7M-21.0%	$3.3M-31.7%	$3.3M-24.9%	$3.9M+8.9%	$3.4M+40.6%	$4.8M+80.2%
Accounts Receivable	$3.3M+17.9%	$5.3M+44.6%	$3.6M+93.9%	$2.9M0.0%	$2.8M-41.2%	$3.6M+11.6%	$1.9M-12.3%	$2.9M-0.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$12.5M+64.5%	$15.3M+81.1%	$13.8M+116.2%	$8.7M+71.5%	$7.6M+9.0%	$8.4M+82.2%	$6.4M+170.2%	$5.1M+68.0%
Current Liabilities	$12.5M+64.5%	$15.3M+81.1%	$13.8M+116.2%	$8.7M+71.5%	$7.6M+9.0%	$8.4M+82.2%	$6.4M+170.2%	$5.1M+68.0%
Non-Current Liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Total Equity	$1.2M-71.8%	$1.8M+29.8%	$1.5M-32.0%	$3.4M-50.5%	$4.3M-20.6%	$1.4M-78.7%	$2.2M-71.4%	$6.8M-24.4%
Retained Earnings	-$95.3M-4.5%	-$94.6M-0.9%	-$94.7M-1.9%	-$92.6M-4.8%	-$91.2M-6.3%	-$93.8M-11.4%	-$92.9M-11.9%	-$88.4M-8.4%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

JSDA Cash Flow Statement

JSDA quarterly cash flow statement

Metric	TTM	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$1.5M	-$1.3M+79.6%	-$6.2M-62.2%	-$3.8M+35.9%	-$6.0M-73.6%	-$3.4M-124.0%	-$1.5M+54.2%	-$3.3M-96.2%	-$1.7M-4505.4%	-$37K+89.3%	-$346K+65.7%	-$1.0M+19.0%	-$1.2M-292.7%	-$317K+89.0%	-$2.9M+43.3%	-$5.1M
Depreciation & Amortization	N/A	$221K+294.6%	$56K-11.1%	$63K-84.8%	$414K+149.4%	$166K+22.1%	$136K-57.0%	$316K+156.9%	$123K+846.2%	$13K-13.3%	$15K-34.8%	$23K-88.8%	$206K-9.3%	$227K-20.6%	$286K+24.3%	$230K
Stock-Based Compensation	N/A	$947K-12.2%	$1.1M+55.3%	$694K-49.1%	$1.4M+847.2%	$144K-17.2%	$174K+23.4%	$141K-20.8%	$178K-4.8%	$187K-9.7%	$207K-11.2%	$233K-20.5%	$293K-16.5%	$351K-25.9%	$474K-13.2%	$546K
Capital Expenditures	N/A	$454K+1581.5%	$27K-63.0%	$73K+151.7%	$29K-17.1%	$35K-83.6%	$214K+76.9%	$121K+57.1%	$77K+196.2%	$26K+420.0%	$5K-85.3%	$34K	N/A	$0-100.0%	$24K-96.9%	$776K
Free Cash Flow	N/A	-$1.7M+72.4%	-$6.2M-59.8%	-$3.9M+35.0%	-$6.0M-72.7%	-$3.5M-98.5%	-$1.7M+49.6%	-$3.5M-94.6%	-$1.8M-2727.0%	-$63K+82.1%	-$351K+66.3%	-$1.0M	N/A	-$317K+89.1%	-$2.9M+50.4%	-$5.9M
Investing Cash Flow	$1.3M	$441K+1733.3%	-$27K+63.0%	-$73K-173.0%	$100K+422.6%	-$31K+85.5%	-$214K-76.9%	-$121K-195.1%	-$41K-57.7%	-$26K-420.0%	-$5K	N/A	N/A	N/A	$61K+106.4%	-$956K
Financing Cash Flow	$1.9M	$2.5M-31.9%	$3.7M+1589.8%	-$246K-102.7%	$9.2M+162.1%	$3.5M+968.4%	$329K-96.1%	$8.4M+257.7%	$2.4M+892.3%	-$297K-198.0%	$303K	N/A	N/A	N/A	$2.8M+19.4%	$2.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Operating Cash Flow	-$2.0M-179.9%	-$848K+54.7%	$2.7M+288.6%	-$1.4M+20.3%	-$717K+65.3%	-$1.9M-95.6%	-$1.4M+17.8%	-$1.7M-518.4%
Depreciation & Amortization	$96K+464.7%	$75K+476.9%	$176K	$15K+7.1%	$17K	$13K-13.3%	N/A	$14K-12.5%
Stock-Based Compensation	$99K-49.5%	$136K+49.5%	N/A	$456K+24.3%	$196K-57.5%	$91K-42.4%	N/A	$367K+439.7%
Capital Expenditures	$10K	$23K	N/A	N/A	N/A	N/A	$0	$27K-43.8%
Free Cash Flow	-$2.0M	-$871K	N/A	N/A	N/A	N/A	-$1.4M+17.8%	-$1.8M-580.6%
Investing Cash Flow	$140K	$1.4M	-$572K	$392K+1551.9%	N/A	N/A	$0	-$27K+43.8%
Financing Cash Flow	-$188K-1.6%	$330K-64.0%	$1.2M+222.5%	$562K-82.4%	-$185K-207.6%	$916K+1321.3%	$373K+4.5%	$3.2M+1738.5%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

JSDA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

JSDA quarterly financial ratios

Metric	FY2510-K/A	FY2410-K/A	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	26.7%+6.1pp	20.6%-8.5pp	29.1%+2.2pp	27.0%-2.8pp	29.7%+7.2pp	22.5%+1.8pp	20.7%-1.1pp	21.8%-0.9pp	22.7%-3.5pp	26.2%+2.3pp	23.9%+1.6pp	22.2%-1.6pp	23.8%-3.5pp	27.4%+2.8pp	24.6%
Operating Margin	-18.8%+35.9pp	-54.7%-25.4pp	-29.3%+2.7pp	-31.9%-19.0pp	-12.9%+10.9pp	-23.8%-3.3pp	-20.4%-5.9pp	-14.5%-6.2pp	-8.3%-7.8pp	-0.5%+5.0pp	-5.6%+7.4pp	-13.0%+0.5pp	-13.4%+3.6pp	-17.1%+24.5pp	-41.5%
Net Margin	-7.0%+48.6pp	-55.6%-26.5pp	-29.1%+4.4pp	-33.6%-21.3pp	-12.2%+13.0pp	-25.2%-1.1pp	-24.1%-7.6pp	-16.6%-7.0pp	-9.5%-8.3pp	-1.2%+7.1pp	-8.2%+3.1pp	-11.4%+2.5pp	-13.8%+3.9pp	-17.7%+23.4pp	-41.1%
Return on Equity	-121.4%+337.6pp	-458.9%-394.7pp	-64.3%-9.9pp	-54.4%-15.2pp	-39.2%+29.2pp	-68.4%-29.5pp	-39.0%	N/A	-134.8%-124.6pp	-10.1%+53.2pp	-63.4%-4.6pp	-58.7%-0.7pp	-58.1%+2.6pp	-60.7%+101.7pp	-162.4%
Return on Assets	-11.7%+104.4pp	-116.1%-67.1pp	-49.0%-6.6pp	-42.4%-26.2pp	-16.2%+16.9pp	-33.1%-4.9pp	-28.2%+22.9pp	-51.1%-13.6pp	-37.5%-33.8pp	-3.7%+17.2pp	-20.9%+10.7pp	-31.6%+2.7pp	-34.3%+7.0pp	-41.3%+52.1pp	-93.4%
Current Ratio	0.96-0.4x	1.32-2.8x	4.07-0.4x	4.49+2.1x	2.34-1.0x	3.32-4.4x	7.74+5.9x	1.88+0.5x	1.37-0.2x	1.57+0.1x	1.48-0.7x	2.16-0.7x	2.83-0.5x	3.36+1.1x	2.31
Debt-to-Equity	9.39+6.4x	2.95+2.6x	0.310.0x	0.28-1.1x	1.41+0.3x	1.07+0.7x	0.38	N/A	2.59+0.9x	1.73-0.3x	2.03+1.2x	0.86+0.2x	0.69+0.2x	0.47-0.3x	0.74
Asset Turnover	1.66-0.4x	2.09+0.4x	1.68+0.4x	1.26-0.1x	1.330.0x	1.31+0.1x	1.17-1.9x	3.09-0.9x	3.94+0.8x	3.18+0.6x	2.54-0.2x	2.78+0.3x	2.48+0.2x	2.33+0.1x	2.27
FCF Margin	-6.8%+28.2pp	-35.0%-11.6pp	-23.4%+8.0pp	-31.4%-7.9pp	-23.4%-8.8pp	-14.7%+15.4pp	-30.1%-15.9pp	-14.2%-13.7pp	-0.5%+1.8pp	-2.2%+5.4pp	-7.7%	N/A	-2.3%+15.4pp	-17.7%+15.9pp	-33.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A	Q3'2410-Q
Gross Margin	27.5%-5.8pp	31.4%-1.6pp	20.9%+107.1pp	28.9%+11.4pp	33.3%+1.7pp	33.0%-4.9pp	-86.2%-105.7pp	17.4%-15.5pp
Operating Margin	-5.2%+10.4pp	2.8%+24.6pp	-14.4%	-31.2%+31.0pp	-15.5%+8.4pp	-21.8%+1.1pp	-298.5%	-62.2%-41.2pp
Net Margin	-6.4%-59.7pp	0.9%+21.1pp	-18.1%	-31.7%+30.7pp	53.3%+75.3pp	-20.1%+2.9pp	-318.9%	-62.4%-41.6pp
Return on Equity	-53.1%-113.3pp	6.3%+67.4pp	-143.9%+67.0pp	-42.6%-3.8pp	60.2%+88.9pp	-61.0%-43.5pp	-210.9%-190.6pp	-38.8%-28.4pp
Return on Assets	-4.7%-26.6pp	0.7%+9.3pp	-13.9%+39.5pp	-11.8%+10.3pp	21.9%+34.5pp	-8.7%+1.6pp	-53.3%-37.9pp	-22.1%-14.4pp
Current Ratio	0.96-0.3x	0.99-0.2x	0.96-0.4x	1.07-1.2x	1.21-0.5x	1.15-1.2x	1.32-2.8x	2.29-1.6x
Debt-to-Equity	10.23+8.5x	8.43+2.4x	9.39+6.4x	2.60+1.9x	1.75+0.5x	6.04+5.3x	2.95+2.6x	0.75+0.4x
Asset Turnover	0.74+0.3x	0.73+0.3x	0.77+0.6x	0.370.0x	0.41-0.2x	0.430.0x	0.17-0.2x	0.350.0x
FCF Margin	-19.8%	-7.0%	N/A	N/A	N/A	N/A	-100.7%	-41.8%-49.9pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Note: The current ratio is below 1.0 (0.96), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Jones Soda Co JSDA	FY2025	$25.3M	-$1.8M	-7.0%	$37.4M	—
EQUATOR BEVERAGE CO MOJO	FY2025	$4.2M	$49K	1.2%	$7.9M	—
Reeds REED	FY2025	$34.1M	-$15.8M	-46.5%	$11.3M	21/100
The Alkaline Water WTER	FY2023	$63.8M	-$27.4M	-43.0%	$427K	—

Where Jones Soda Co Ranks

Frequently Asked Questions

What is Jones Soda Co's annual revenue?

Jones Soda Co (JSDA) reported $25.3M in total revenue for fiscal year 2025. This represents a 42.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Jones Soda Co's revenue growing?

Jones Soda Co (JSDA) revenue grew by 42.2% year-over-year, from $17.8M to $25.3M in fiscal year 2025.

Is Jones Soda Co profitable?

No, Jones Soda Co (JSDA) reported a net income of -$1.8M in fiscal year 2025, with a net profit margin of -7.0%.

What is Jones Soda Co's EBITDA?

Jones Soda Co (JSDA) had EBITDA of -$4.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Jones Soda Co's gross margin?

Jones Soda Co (JSDA) had a gross margin of 26.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Jones Soda Co's operating margin?

Jones Soda Co (JSDA) had an operating margin of -18.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Jones Soda Co's net profit margin?

Jones Soda Co (JSDA) had a net profit margin of -7.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Jones Soda Co's return on equity (ROE)?

Jones Soda Co (JSDA) has a return on equity of -121.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Jones Soda Co's free cash flow?

Jones Soda Co (JSDA) recorded an outflow of $1.7M in free cash flow during fiscal year 2025. This represents a 72.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Jones Soda Co's operating cash flow?

Jones Soda Co (JSDA) recorded an outflow of $1.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Jones Soda Co's total assets?

Jones Soda Co (JSDA) had $15.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Jones Soda Co's capital expenditures?

Jones Soda Co (JSDA) invested $454K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Jones Soda Co have outstanding?

Jones Soda Co (JSDA) had 119M shares outstanding as of fiscal year 2025.

What is Jones Soda Co's current ratio?

Jones Soda Co (JSDA) had a current ratio of 0.96 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Jones Soda Co's debt-to-equity ratio?

Jones Soda Co (JSDA) had a debt-to-equity ratio of 9.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Jones Soda Co's return on assets (ROA)?

Jones Soda Co (JSDA) had a return on assets of -11.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Jones Soda Co's P/E ratio?

Jones Soda Co (JSDA) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $37.4M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Jones Soda Co's price-to-sales ratio?

Jones Soda Co (JSDA) trades at 1.0x sales, its market capitalization divided by revenue of $38.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $37.4M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Jones Soda Co's liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Jones Soda Co (JSDA) held $3.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.3M over that year. Dividing the one by the other, the reported balance equals about 34 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Jones Soda Co's Altman Z-Score?

Jones Soda Co (JSDA) has an Altman Z-Score of -6.49, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Jones Soda Co's Piotroski F-Score?

Jones Soda Co (JSDA) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Jones Soda Co's earnings high quality?

Jones Soda Co (JSDA) reported a net loss of $1.8M while operations used $1.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Jones Soda Co cover its interest payments?

Jones Soda Co (JSDA) reported an operating loss of $4.8M against $20K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.