Suja Life, Inc. reports strong results for the quarter ended March 30, 2026 and outlines the impact of its IPO. Net sales were $107.1 million, up 22.5% from $87.4 million a year earlier, driven by its Suja Core and Emerging Brands beverage portfolio.
The company generated net income of $7.7 million, reversing a prior-year net loss of $0.8 million, and delivered Adjusted EBITDA of $25.0 million, a 21.9% margin and 66.3% growth from $15.0 million. Cash from operations was $6.2 million while it continued to invest in property and equipment.
Subsequent to quarter-end, Suja completed an IPO of 8,888,889 Class A shares at $21.00 per share, raising $186.7 million in gross proceeds and approximately $173.6 million net. Proceeds funded repayment of $142.6 million of term debt, employee incentive payments, and IPO-related expenses, materially improving the balance sheet and establishing a new public capital structure.
Suja Life, Inc. reported a strong first quarter for 2026, with net sales rising 22.5% to $107.1 million from $87.4 million and gross margin improving to 50.5% from 49.8%.
The company swung to net income of $7.7 million, or 7.2% of net sales, from a net loss of $0.8 million. Adjusted EBITDA increased 66.3% to $25.0 million, giving an Adjusted EBITDA margin of 23.4% versus 17.2% a year earlier.
Suja also highlighted its recent IPO of 8.9 million Class A shares at $21.00 per share, generating about $173.6 million in proceeds and enabling repayment of term debt to $164.9 million. For full-year 2026, it expects net sales of $367–$371 million and Adjusted EBITDA of $70–$72 million, along with a projected 27.4% effective tax rate and about $19.0 million in net interest expense.