JSDAOTCBeveragesFiscal year ends December 31
JONES SODA CO.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$0.25−0.01 (-2.34%)
Close on Oct 19, 2026
- Market cap
- $29.70M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
26.7%+4.2 pts over 5 years
Operating margin
-18.8%+4.9 pts over 5 years
Net margin
-7.0%+18.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +42.2% | +9.9% | +16.3% | +6.4% | |
| Gross profit | +84.8% | +9.6% | +20.4% | +7.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -10.2% | -52.1% | -98.2% | |
| Return on assets | -3.6% | -31.7% | -15.0% | |
| Current ratio | 1.57 | 3.32 | 0.96 | |
| Interest coverage | -1.0× | -18.7× | -238.3× | |
| Inventory turnover | 5.2× | 5.1× | 6.2× | |
| Capex to revenue | 0.0% | 1.8% | 1.8% | |
| Diluted shares | 41M | 62M | 117M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Jones Soda generated $20.66M from operations and spent $618.00K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$20.66M
Used
$618.00K
Capital expenditure$618.00K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-7.0%
×Asset turnover2.13×
×Equity multiplier6.56×
=Return on equity, FY2025-98.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -7.0% | 2.13× | 6.56× | -98.2% |
| FY2024 | -55.6% | 1.93× | 1.90× | -203.9% |
| FY2023 | -29.1% | 1.33× | 1.29× | -50.3% |
| FY2022 | -33.6% | 1.45× | 1.60× | -78.2% |
| FY2021 | -12.2% | 1.46× | 2.25× | -40.3% |
| FY2020 | -25.2% | 1.26× | 1.64× | -52.1% |
| FY2019 | -24.1% | 1.65× | 2.17× | -86.5% |
| FY2018 | -16.6% | 3.37× | 31.07× | -1732.5% |
| FY2017 | -9.5% | 3.21× | 3.03× | -92.5% |
| FY2016 | -1.2% | 3.05× | 2.88× | -10.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$1.78M
- Cash generatingOperating cash flow above zero-$1.26M
- Return on assets improvedROA up on the prior year-99.9% → -20.9%
- Earnings backed by cashOperating cash flow above net income-$1.26M vs -$1.78M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.32 → 0.96
- No dilutionShare count did not rise107M → 117M
- Gross margin improvedGross margin up on the prior year20.58% → 26.73%
- More efficientAsset turnover rose1.80 → 2.97