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. This represents a 88.9% change compared to the previous fiscal year. 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 Financials

JSDA

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows Jones Soda Co (JSDA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).

Financial Health Signals

Earnings Quality Low Quality

0.71x

For every $1 of reported earnings, Jones Soda Co generates $0.71 in operating cash flow (-$1.3M OCF vs -$1.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-238.3x

Jones Soda Co earns $-238.3 in operating income for every $1 of interest expense (-$4.8M vs $20K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$25.3M

YoY+32.1%

5Y CAGR+16.3%

10Y CAGR+6.4%

Jones Soda Co generated $25.3M in revenue in fiscal year 2025. This represents an increase of 32.1% from the prior year.

EBITDA

-$4.5M

YoY+53.8%

Jones Soda Co's EBITDA was -$4.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 53.8% from the prior year.

Net Income

-$1.8M

YoY+82.0%

Jones Soda Co reported -$1.8M in net income in fiscal year 2025. This represents an increase of 82.0% from the prior year.

EPS (Diluted)

$-0.01

YoY+88.9%

Jones Soda Co earned $-0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 88.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.7M

YoY+71.0%

Jones Soda Co generated -$1.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 71.0% from the prior year.

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

119M

YoY+2.5%

5Y CAGR+13.9%

10Y CAGR+11.1%

Jones Soda Co had 119M shares outstanding in fiscal year 2025. This represents an increase of 2.5% from the prior year.

Margins & Returns

Gross Margin

26.7%

YoY+5.4pp

5Y CAGR+4.2pp

10Y CAGR+2.9pp

Jones Soda Co's gross margin was 26.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 5.4 percentage points from the prior year.

Operating Margin

-18.8%

YoY+32.8pp

5Y CAGR+4.9pp

10Y CAGR-13.3pp

Jones Soda Co's operating margin was -18.8% in fiscal year 2025, reflecting core business profitability. This is up 32.8 percentage points from the prior year.

Net Margin

-7.0%

YoY+44.6pp

5Y CAGR+18.2pp

10Y CAGR+1.2pp

Jones Soda Co's net profit margin was -7.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 44.6 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$454K

YoY+1581.5%

5Y CAGR+16.2%

10Y CAGR+29.6%

Jones Soda Co invested $454K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 1581.5% from the prior year.

JSDA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$25.3M+32.1%	$19.2M+14.9%	$16.7M-12.7%	$19.1M+29.0%	$14.8M+24.4%	$11.9M
Cost of Revenue	$18.5M+22.9%	$15.1M+27.6%	$11.8M-15.3%	$13.9M+34.1%	$10.4M+12.8%	$9.2M
Gross Profit	$6.8M+65.9%	$4.1M-16.0%	$4.9M-5.6%	$5.1M+16.9%	$4.4M+64.2%	$2.7M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.3M-20.2%	$7.9M+46.9%	$5.4M-14.6%	$6.3M+89.9%	$3.3M+12.8%	$2.9M
Operating Income	-$4.8M+51.8%	-$9.9M-102.9%	-$4.9M+19.9%	-$6.1M-219.5%	-$1.9M+32.6%	-$2.8M
Interest Expense	$20K+81.8%	$11K	$0-100.0%	$377K+67.6%	$225K+49.0%	$151K
Income Tax	$8K-68.0%	$25K-24.2%	$33K+17.9%	$28K+3.7%	$27K0.0%	$27K
Net Income	-$1.8M+82.0%	-$9.9M-103.9%	-$4.9M+24.2%	-$6.4M-253.6%	-$1.8M+39.6%	-$3.0M
EPS (Diluted)	$-0.01+88.9%	$-0.09-80.0%	$-0.05	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$4.5M-8.1%	$4.9M+6.2%	$4.6M+65.3%	$2.8M-33.8%	$4.2M-41.2%	$7.2M+43.2%	$5.0M+43.0%	$3.5M
Cost of Revenue	$3.2M-2.0%	$3.3M+13.0%	$2.9M-34.2%	$4.4M+38.2%	$3.2M-27.7%	$4.4M+41.5%	$3.1M+10.4%	$2.8M
Gross Profit	$1.3M-20.2%	$1.6M-5.2%	$1.7M+310.9%	-$814K-210.7%	$735K-67.5%	$2.3M+19.6%	$1.9M+177.8%	$681K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.7M+27.1%	$1.3M+11.7%	$1.2M-45.7%	$2.2M+19.0%	$1.8M-19.6%	$2.3M+48.2%	$1.5M+37.8%	$1.1M
Operating Income	-$1.4M-84.5%	-$760K-11.6%	-$681K+84.6%	-$4.4M-68.9%	-$2.6M-53.1%	-$1.7M-49.4%	-$1.1M+26.2%	-$1.6M
Interest Expense	$87K+24.3%	$70K-10.3%	$78K	N/A	$10K+42.9%	$7K	N/A	$0
Income Tax	$2K-71.4%	$7K	N/A	-$1K-120.0%	$5K-54.5%	$11K+10.0%	$10K+233.3%	$3K
Net Income	-$1.4M-154.7%	$2.6M+406.5%	-$852K+81.3%	-$4.5M-73.0%	-$2.6M-67.6%	-$1.6M-36.1%	-$1.2M+24.9%	-$1.5M
EPS (Diluted)	$-0.01-150.0%	$0.02+300.0%	$-0.01	N/A	$-0.020.0%	$-0.02-100.0%	$-0.01	N/A

JSDA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$8.5M-14.0%	$9.9M-34.4%	$15.1M+35.5%	$11.1M+23.2%	$9.1M
Current Assets	N/A	$8.4M-12.7%	$9.6M-35.9%	$15.0M+42.4%	$10.5M+27.5%	$8.2M
Cash & Equivalents	N/A	$1.3M-67.0%	$3.9M-51.5%	$8.0M+70.8%	$4.7M+1.1%	$4.6M
Inventory	N/A	$3.4M+40.6%	$2.4M-8.7%	$2.6M+36.3%	$1.9M+3.6%	$1.9M
Accounts Receivable	N/A	$1.9M-12.3%	$2.1M-33.2%	$3.2M+19.1%	$2.7M+68.4%	$1.6M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$6.4M+170.2%	$2.4M-29.4%	$3.3M-48.9%	$6.5M+39.8%	$4.7M
Current Liabilities	N/A	$6.4M+170.2%	$2.4M-29.4%	$3.3M-25.7%	$4.5M+80.5%	$2.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	$2.2M-71.4%	$7.5M-35.8%	$11.8M+154.9%	$4.6M+5.4%	$4.4M
Retained Earnings	N/A	-$92.9M-11.9%	-$83.1M-6.2%	-$78.2M-8.9%	-$71.8M-2.6%	-$70.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$12.1M+1.2%	$11.9M+21.4%	$9.8M+15.4%	$8.5M-28.2%	$11.9M-4.6%	$12.4M+11.2%	$11.2M+12.9%	$9.9M
Current Assets	$9.3M+0.9%	$9.2M-5.1%	$9.7M+16.0%	$8.4M-28.2%	$11.7M-4.4%	$12.2M+11.9%	$10.9M+13.8%	$9.6M
Cash & Equivalents	$199K-69.4%	$650K-11.6%	$735K-42.4%	$1.3M-52.5%	$2.7M+84.4%	$1.5M-48.5%	$2.8M-26.9%	$3.9M
Inventory	$3.3M-0.3%	$3.3M-16.3%	$3.9M+16.2%	$3.4M-29.5%	$4.8M+9.5%	$4.4M+21.4%	$3.6M+50.0%	$2.4M
Accounts Receivable	$2.9M+2.5%	$2.8M-23.5%	$3.6M+95.6%	$1.9M-34.8%	$2.9M-39.7%	$4.7M+45.2%	$3.3M+53.8%	$2.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$8.7M+14.8%	$7.6M-9.9%	$8.4M+32.5%	$6.4M+25.1%	$5.1M-27.0%	$7.0M+50.6%	$4.6M+96.6%	$2.4M
Current Liabilities	$8.7M+14.8%	$7.6M-9.9%	$8.4M+32.5%	$6.4M+25.1%	$5.1M-27.0%	$7.0M+50.6%	$4.6M+96.6%	$2.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$3.4M-22.7%	$4.3M+210.8%	$1.4M-35.3%	$2.2M-68.2%	$6.8M+24.1%	$5.5M-16.7%	$6.6M-13.2%	$7.5M
Retained Earnings	-$92.6M-1.6%	-$91.2M+2.8%	-$93.8M-0.9%	-$92.9M-5.1%	-$88.4M-3.1%	-$85.8M-1.9%	-$84.2M-1.4%	-$83.1M

JSDA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.3M+78.6%	-$5.9M-54.4%	-$3.8M+35.9%	-$6.0M-73.6%	-$3.4M-124.0%	-$1.5M
Capital Expenditures	$454K+1581.5%	$27K-63.0%	$73K+151.7%	$29K-17.1%	$35K-83.6%	$214K
Free Cash Flow	-$1.7M+71.0%	-$5.9M-52.2%	-$3.9M+35.0%	-$6.0M-72.7%	-$3.5M-98.5%	-$1.7M
Investing Cash Flow	$441K+1733.3%	-$27K+63.0%	-$73K-173.0%	$100K+422.6%	-$31K+85.5%	-$214K
Financing Cash Flow	$2.5M-31.9%	$3.7M+1589.8%	-$246K-102.7%	$9.2M+162.1%	$3.5M+968.4%	$329K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$1.4M-57.6%	-$876K+48.9%	-$1.7M-50.7%	-$1.1M+34.3%	-$1.7M+16.2%	-$2.1M-115.8%	-$958K+45.2%	-$1.7M
Capital Expenditures	N/A	N/A	N/A	$0-100.0%	$27K	$0	$0	$0
Free Cash Flow	N/A	N/A	N/A	-$1.1M+35.3%	-$1.8M+14.9%	-$2.1M-115.8%	-$958K+45.2%	-$1.7M
Investing Cash Flow	$392K	N/A	N/A	$0+100.0%	-$27K	$0	$0	$0
Financing Cash Flow	$562K+403.8%	-$185K-120.2%	$916K+145.6%	$373K-88.3%	$3.2M+1757.6%	$172K+329.3%	-$75K-121.0%	$357K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

JSDA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	26.7%+5.4pp	21.3%-7.9pp	29.1%+2.2pp	27.0%-2.8pp	29.7%+7.2pp	22.5%
Operating Margin	-18.8%+32.8pp	-51.7%-22.4pp	-29.3%+2.7pp	-31.9%-19.0pp	-12.9%+10.9pp	-23.8%
Net Margin	-7.0%+44.6pp	-51.7%-22.5pp	-29.1%+4.4pp	-33.6%-21.3pp	-12.2%+13.0pp	-25.2%
Return on Equity	N/A	-458.9%-394.7pp	-64.3%-9.9pp	-54.4%-15.2pp	-39.2%+29.2pp	-68.4%
Return on Assets	N/A	-116.1%-67.1pp	-49.0%-6.6pp	-42.4%-26.2pp	-16.2%+16.9pp	-33.1%
Current Ratio	N/A	1.32-2.8	4.07-0.4	4.49+2.1	2.34-1.0	3.32
Debt-to-Equity	N/A	2.95+2.6	0.31+0.0	0.28-1.1	1.41+0.3	1.07
FCF Margin	-6.8%+24.1pp	-30.9%-7.6pp	-23.4%+8.0pp	-31.4%-7.9pp	-23.4%-8.8pp	-14.7%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	28.9%-4.4pp	33.3%-4.0pp	37.3%+66.5pp	-29.2%-46.6pp	17.4%-14.2pp	31.6%-6.2pp	37.9%+18.4pp	19.5%
Operating Margin	-31.2%-15.6pp	-15.5%-0.8pp	-14.8%+143.9pp	-158.6%-96.5pp	-62.2%-38.3pp	-23.9%-1.0pp	-22.9%+21.5pp	-44.4%
Net Margin	-31.7%-85.1pp	53.3%+71.8pp	-18.5%+144.6pp	-163.1%-100.7pp	-62.4%-40.5pp	-21.9%+1.1pp	-23.0%+20.8pp	-43.9%
Return on Equity	-42.6%-102.8pp	60.2%+121.2pp	-61.0%+149.9pp	-210.9%-172.1pp	-38.8%-10.1pp	-28.7%-11.1pp	-17.6%+2.7pp	-20.3%
Return on Assets	-11.8%-33.7pp	21.9%+30.5pp	-8.7%+44.7pp	-53.3%-31.2pp	-22.1%-9.5pp	-12.6%-2.3pp	-10.3%+5.2pp	-15.5%
Current Ratio	1.07-0.1	1.21+0.1	1.15-0.2	1.32-1.0	2.29+0.5	1.75-0.6	2.36-1.7	4.07
Debt-to-Equity	2.60+0.9	1.75-4.3	6.04+3.1	2.95+2.2	0.75-0.5	1.28+0.6	0.71+0.4	0.31
FCF Margin	N/A	N/A	N/A	-40.8%+1.0pp	-41.8%-12.9pp	-28.9%-9.7pp	-19.2%+30.8pp	-50.0%

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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 32.1% 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 32.1% year-over-year, from $19.2M 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 free cash flow?

Jones Soda Co (JSDA) generated -$1.7M in free cash flow during fiscal year 2025. This represents a 71.0% 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) generated -$1.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

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.

Are Jones Soda Co's earnings high quality?

Jones Soda Co (JSDA) has an earnings quality ratio of 0.71x, considered low quality (accrual-driven). 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) has an interest coverage ratio of -238.3x, meaning it can struggle to cover its interest obligations. 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.