The Boston Beer Company SEC filings document financial results, governance matters, capital actions and legal contingencies for the NYSE-listed beverage company. Form 8-K reports include quarterly earnings releases with depletions, shipments, net revenue, gross margin, cash position, debt status, share repurchase activity and litigation-related charges.
Proxy materials describe annual meeting proposals, director elections, advisory executive-compensation votes, auditor ratification and the company’s Class A and Class B common stock voting structure. Other filings cover executive compensation arrangements, leadership and board changes, 10b5-1 repurchase plans, risk disclosures and material-event updates tied to the company’s beverage portfolio and operating model.
The Boston Beer Company, Inc. adopted a new share repurchase plan. On May 15, 2026, the company entered into a Rule 10b5-1 plan authorizing the repurchase of up to $25 million of its Class A Common Stock. The plan covers the period from June 29, 2026 through September 25, 2026, allowing shares to be repurchased under a pre-arranged trading program during that window.
AQR Capital Management Holdings, LLC and AQR Capital Management, LLC filed Amendment No. 2 to Schedule 13G/A reporting beneficial ownership of 651,984 shares of Boston Beer Co Inc Class A common stock, representing 7.78% of the class as of 03/31/2026.
The filing shows shared voting power of 649,701 shares and shared dispositive power of 651,984. The amendment is signed May 14, 2026, and states AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC.
FMR LLC amended a Schedule 13G/A to report beneficial ownership of 195,365.47 shares of Boston Beer Company Inc. Class A common stock, representing 2.3% of the class. The filing lists sole voting power for 193,067 shares and sole dispositive power for 195,365.47 shares.
The filing cites Abigail P. Johnson in connection with dispositive power and references Exhibit 99 and a power of attorney. It states that no other person holds more than 5% of the Class A shares. Signatures date the amendment and incorporate an Exhibit 24 power of attorney.
The Boston Beer Company posted a sharp Q1 2026 loss driven by a major legal verdict. Net revenue fell 4.4% to $433.9 million as shipment volume declined 6.9% to 1.56 million barrels, mainly from lower Twisted Tea and Truly sales partly offset by Sun Cruiser growth. Net loss was $145.3 million, or $13.88 per share, versus net income of $24.4 million a year earlier, largely due to a non‑recurring litigation and related interest charge totaling $212.0 million.
Despite lower volume, net revenue per barrel increased 2.7% to $277.98, and gross profit per barrel improved to $137.06 as pricing and mix offset cost pressures. Advertising and selling costs rose to 32.3% of net revenue, and general and administrative spending increased on legal and consulting fees. The company ended the quarter with $164.1 million in cash, no borrowings on its $150.0 million credit facility, and continued share repurchases, leaving $197 million available under its buyback authorization.
The Boston Beer Company posted a sharp Q1 2026 loss driven by a major legal verdict. Net revenue fell 4.4% to $433.9 million as shipment volume declined 6.9% to 1.56 million barrels, mainly from lower Twisted Tea and Truly sales partly offset by Sun Cruiser growth. Net loss was $145.3 million, or $13.88 per share, versus net income of $24.4 million a year earlier, largely due to a non‑recurring litigation and related interest charge totaling $212.0 million.
Despite lower volume, net revenue per barrel increased 2.7% to $277.98, and gross profit per barrel improved to $137.06 as pricing and mix offset cost pressures. Advertising and selling costs rose to 32.3% of net revenue, and general and administrative spending increased on legal and consulting fees. The company ended the quarter with $164.1 million in cash, no borrowings on its $150.0 million credit facility, and continued share repurchases, leaving $197 million available under its buyback authorization.
The Boston Beer Company reported first quarter 2026 net revenue of $433.9 million, down 4.4%, as depletions fell 4% and shipments declined 6.9% to about 1.6 million barrels. Gross margin improved to 49.3%, up 1.0 percentage point from a year earlier.
The company recorded a GAAP net loss of $145.3 million, or ($13.88) per diluted share, driven by a previously announced non-recurring litigation expense totaling $216.0 million pre-tax, or $15.52 per share. Excluding this item, non-GAAP diluted earnings per share were $1.64.
Boston Beer ended the quarter with $164.1 million in cash and no debt and repurchased $31.2 million of Class A shares year-to-date. For full-year 2026, it now expects depletions and shipments to decline low- to mid-single digits, gross margin of 48–50%, GAAP EPS between ($7.02) and ($5.02), and non-GAAP EPS between $8.50 and $10.50.
The Boston Beer Company reported first quarter 2026 net revenue of $433.9 million, down 4.4%, as depletions fell 4% and shipments declined 6.9% to about 1.6 million barrels. Gross margin improved to 49.3%, up 1.0 percentage point from a year earlier.
The company recorded a GAAP net loss of $145.3 million, or ($13.88) per diluted share, driven by a previously announced non-recurring litigation expense totaling $216.0 million pre-tax, or $15.52 per share. Excluding this item, non-GAAP diluted earnings per share were $1.64.
Boston Beer ended the quarter with $164.1 million in cash and no debt and repurchased $31.2 million of Class A shares year-to-date. For full-year 2026, it now expects depletions and shipments to decline low- to mid-single digits, gross margin of 48–50%, GAAP EPS between ($7.02) and ($5.02), and non-GAAP EPS between $8.50 and $10.50.
Boston Beer Co., Inc. ownership filing reports that Vanguard Portfolio Management LLC beneficially owned 635,388 shares of Common Stock, representing 7.58% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 635,388 shares and sole voting power for 919 shares. The disclosure notes these holdings reflect securities held for Vanguard funds and managed accounts and identifies Vanguard Portfolio Management LLC and affiliated divisions as the reporting persons.
The Boston Beer Company, Inc. reports that a jury in federal court returned a verdict in favor of Ardagh Metal Packaging USA Corp., awarding Ardagh approximately $175.5 million in damages on a contract dispute over aluminum can purchase commitments from 2021 to 2025.
The company plans to record an estimated pre-tax one-time litigation expense liability of $175.5 million plus accrued interest, if assessed, and intends to pursue post-trial motions and potential appeals. Management expects any required payment to be funded with cash on hand and its credit facility, and does not expect a material impact on operating plans.
As of December 27, 2025, Boston Beer had $223.4 million in cash, no debt, and $150.0 million available on its existing line of credit. The company also expects to maintain its previously announced $25 million share repurchase plan running from March 30 to June 26, 2026.
The Boston Beer Company is asking stockholders to elect Class A and Class B director slates, approve an advisory Say‑on‑Pay vote, and ratify Deloitte & Touche LLP as auditor at the 2026 annual meeting. Class A and Class B shares each carry one vote per share.
In 2025, net revenue was $1.965 billion, down 2.4%, while depletions and shipments each fell mid‑single digits. Profitability improved, with a 48.5% gross margin, net income of $108.5 million, and diluted EPS of $9.89. Operating cash flow reached $270.2 million, year‑end cash was $223.4 million, and the company repurchased about $200 million of shares.
Founder C. James Koch reassumed the President and CEO roles in August 2025, declined salary and bonus, and received total 2025 compensation of $5,695. Former CEO Michael Spillane earned $8.89 million, heavily weighted to stock options. Other executives’ pay remained strongly performance‑based, with 2025 bonuses funded at 95% of target after the company achieved $123 million in focused cost savings and EBIT of $146.3 million, but negative depletions growth.
Boston Beer Co. director Cynthia A. Fisher exercised a 2016 stock option to acquire 1,560 shares of Class A Common Stock at $157.58 per share. Following the exercise, she holds 4,041 shares directly, including 271 shares of restricted stock subject to vesting conditions.
The filing also shows additional Class A Common shares held indirectly through a foundation, LLCs, a custodial account managed by her spouse for children under UGTMA, and a trust for children. Fisher expressly disclaims beneficial ownership of these indirect holdings except to the extent of her pecuniary interest.